The chart is very revealing. "In pink" notice the current PCEV and PCEVEBD period we are currently entering. Also notice the current key AEV and AEVEBD, and last years springtime upward momentum finish we are currently entering "in short-line aqua-blue". Also note 'in solid horizontal green' notice the 'price equivalency basis recovery level' we have now achieved on the PCEV for this week.
In red and green 'spaced-lines' are illustrated various PCEVs and PCEVEBDs that came into play in last year's "spring and summer price level swoon" on the PCEV basis, and their 'pivotings' through quarters. The 'co-ordination' of these highlighted and key PCEVs and PCEVEBDs (on the weekly OHLC charting basis) is quite remarkable, especially regarding various near-term relative strength and relative weakness 'price echoes.'
It was not in the Federal Reserves current monetary expansion policy and therefore "accounting unit value amplification and magnification efforts" to see a precipitous conclusion to the upward price momentum and 'wealth effect' on the Presidential Cycle and Annual Cycle basis this week, so talking up the market at this key critical juncture and level ensued.
However, will 'talk' be sufficient to prevent the powerful market forces of these cycle price cycles and echovectors from fulfilling themselves going forward from this week on a PCEV and an AEV basis, especially with all the uncertainties in politics, geopolitics, macroeconomics, and employment currently being considered.
Full Net Portfolio Current Price Level Insurance (FNPI) may be considered particularly timely, on a risk-reward basis, now, and going forward into May 2012... and beyond.
EchoVectorVEST Lexical References:
PCEV Presidential Cycle EchoVector
PCEVEBD Presidential Cycle EchoVector EchoBackDate
AEV Annual Cycle EchoVector
AEVEBD Annual Cycle EchoVector EchoBackDate
FNPI Full Net Portfolio Insurance (Price Level Hedge)
ProtectVEST and AdvanceVEST by EchoVectorVEST
Divisions of Motion Dynamics and Precision Pivots
Bradford Market Research and Analytics
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