By: Jeff Cooper

Hit and Run Trading Bonus Report - August 14, 2023

How I Profit Using the Square of 9 Time & Price Calculator

“The fluctuation of share prices is proportional  to the square root of the price.”
-Sir John Templeton

Sir John Templeton was a dyed in the wool fundamentalist, about as far from an esoteric technician as you could get; yet, he employed the Principle Of Squares as revealed thru my Square Of 9 Wheel.

Let’s take a look at a real time example in UPST.

UPST bottomed at 12  on May 3rd and ran up to 72 in roughly 90 days.

72 is 900 degrees up from 12 (360 degrees X2 + 180)

Counting down from the 72 peak we see that 64 is 90 degrees down.

Importantly, UPST snapped a Rising Wedge or Ending Diagonal as it knifed below 64.

It plunged immediately below the next 90 degree decrement lower which is 60 careening to the next 90 degrees down at 48.

48 represents 3 squares of 90 degrees (270 degrees) down from the 72 high.

When a stock breaks 270 degrees it is almost always going to the 360 degree or 540 degree region.

UPST gapped below 48 breaking a secondary rising trendline from June in the process.

This opened the door to the next 90 degrees decrement down at 43 which represents 360 down from high.

It proved to be a Gap and Go below 43 —an indication that a full 540 degree decline was on the table.

540 degrees down from 72 is 30.50.

72 and 30.50 are opposite each other as they are 360 plus another 180 apart  for 540 degrees and on the same vector.

72 and 30.50 align with August 16/17 for a potential  perfected Time/Price square-out.

Consequently, if UPST’s agenda is to rally, it may back and fill for a few days.

That said, it is always “the week of” for a square-out that must be taken into consideration.

Hit and Run members are familiar with my finding that a true square-out is 540 degrees as a true square is 3 dimensional having 6 sides of 90 degree angles (90 X 60 = 540).

The geometry doesn’t stop there. Remember the 12 low in May?

Friday’s low with a 30 handle is 360 degrees up from 12.

You can’t make this stuff up.

In making a round trip to the June 27th upthrust, UPST gapped down to a new low for the move and closed near session highs Friday in the spirit of a Gilligan buy signal. A Gilligan buy signal is a gap down to a new 60 day low with a close at/near session highs. UPST did not gap down to a new 60 day low on Friday.

Be that as it may, it satisfied the spirit of the pattern.

So what is the expectation?

The initial projection is 36 which is 90 degrees up from Friday’s low.

Clearing and sustaining above 36 opens the door to 43, the next 90 degree decrement higher.

Interestingly 43 currently ties to the overhead 50 day moving average with Phil D Gap just above at 45.

Is it possible an Opex Pinball play is on the table for the August options expiration?