Here is a discussion of the Horoscope Index for 3M, symbol MMM.
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 3M in more than
one way. In this example we are going to compare the incorporation horoscope
for the New York Stock Exchange and the progressed incorporation horoscope for
3M. See the version of this article on the MarketWarrior owner's page for the
exact indicator settings used in this example.
When we use the
Horoscope Index we are looking for large fast move in the index which represent
a change in the amount of energy affecting a market. On the first chart for 3M
there are two such occurrences. The first one occurred in December 2007. The
Horoscope Index made a large fast move up at this time. The start and end of
this move represent a time window when we would be looking for a Change In
Trend (CIT). On this chart you can see the 3M stock started a fast decline
during this time window. The second occurrence of a large fast move in the
Horoscope index occurred in March 2008. On the chart below you can see 3M did
not make a CIT during this time window. Not every occurrence of a large fast
move in the Horoscope Index will cause a CIT, but most will.
The next large fast move in the Horoscope
Index for 3M was a decline that occurred in June and July of 2008. The fast
drop in the Horoscope Index represents a significant change in the amount of
energy affecting the 3M stock. During this time window a bottom occurred and an
upward swing in 3M started.
The next major move in the
Horoscope Index occurred in September 2008. At this time a large fast drop
occurred in the Horoscope Index. The start and end of this move represent a
time window for a CIT. Right after this time window a very fast drop in the 3M
stock price occurred.
The final chart
for 3M shows the next Horoscope Index time window in the future. This will
occur in December 2008 and represents a time window where the energy affecting
3M will be changing. The Horoscope Index will make a fast move up and the start
and end of this move represent the time window. At this time we should watch
for a change in trend in the stock price of 3M.