Here is a discussion of the Horoscope Index using the stock Intel.
This example will use a daily chart. The Horoscope Index is calculated by
comparing two horoscopes. This can be setup for a stock such as Intel in more
than one way. In this example we are going to compare the incorporation
horoscope for the NASDAQ Exchange and the progressed incorporation horoscope
for Intel. See the version of this article on the MarketWarrior owner's page
for the exact indicator settings used in this example.
When using the
Horoscope Index we are looking for the index to make a powerful move that would
represent a change in the amount of energy in this market. On the first chart
below I have identified a strong upward move in the Horoscope Index, where the
Horoscope Index has moved from below the lower boundary to above the upper
boundary. The start and end of this strong up move represent a time window when
the amount of energy affecting the Intel stock is changing. The chart below
shows that just before this time window, in December 2007, the Intel stock
started fast decline.
On the second chart below I am again identifying a large
and fast move in the Horoscope Index. This time I have identified a fast move
down in the index in March 2008. When the Horoscope Index makes a large and
fast move we expect to see a Change In Trend (CIT) in the market because the
amount of energy in the market is changing. On the chart below I have
identified the time window for CIT based on the start and end of this decline
in the Horoscope Index. During this time window the stock for Intel started a
new upswing.
On the third chart
below I have again identified a large fast up move in the Horoscope Index. The
start and end of this move represent a time window when the amount of energy in
this market is changing. This time window occurred in August 2008. Intel made a
top just before this time window and started a strong downward move that is
still ongoing.
The final chart for Intel show the next two time windows
identified by the Horoscope Index. The next fast strong move in the Horoscope
Index occurs in early December 2008. Then another fast strong move in the
Horoscope Index occurs in late March 2009. These are the next two time windows
where we would watch for a CIT because the amount of energy affecting Intel
will be changing at these times.
end.