The Wind Jiseki

David Aronson has written a book to convince technicians to get more objective about their indicators and rules. Evidence based Technical Analysis is the future. Alongside his attempt to prove that charting is subjectivity, he also mentions how technicians understanding of the markets help them to identify and create indicators. In the concluding chapter of the book he also mentions how the need to differentiate one extreme from another could be the differentiating edge between two strategies. He also talks about how complex conditions have a higher workability than simple conditions. Complex conditions could be explained as two or more conditions (filters) for the rule.
This week we are taking you through a case which includes Suzlon, Wind Energy Index and Nifty. Orpheus performance cycles are built on complex conditions. First we have a group, then we have a ranking condition, then we have ranking conditions on different time frames, after this we look for extremes and then of course the Jiseki Cycle whether it has turned up or not. Keeping this in mind we have Suzlon and wind energy both filtered out as potential outperformers. And because of the fact that Jiseki is designed to buy extreme losers that are reversing, Jiseki cycles become a contrarian play with an objective signal linked with it. As you can see Jiseki cycles are already positive on Suzlon and Wind and the cycles are actually positive and suggesting buy.
Conventional technical pattern watching…
This article was written for ATMA.
Time Triads, Time Fractals, Time Arbitrage, Performance Cycles are terms coined by Orpheus Research. Time Triads is our weekly market letter. The report covers various aspects on TIME patterns, TIME forecast, alternative research, emerging markets, behavioral finance, market fractals, econohistory, econostatistics, time cyclicality, investment psychology, socioeconomics, pop cultural trends, macro economics, interest rates, derivatives, money management, Intermarket trends etc.