Why This Week’s Time Confluence Could Be the Most Critical Turning Point This Month—Don’t Miss the Signal

Time is the most important factor in any market. It’s how we have managed to cut through all the noise and call almost every major high and low over the last two years. This week will be no different. With everyone’s eyes on CPI this week we are strictly focusing on what will be the biggest time confluence since the August panic.

I’ll let everyone else guess and try to make sense of meaningless economic data while we focus on what time is telling us. And, once again, it is telling us we are at an inflection point while sentiment is reaching an extreme.

I know it may seem like every other week is a significant week but thats only if you are caught in the emotional trap of all the other market participants. We have maintained a consistent message that the August low was THE low to buy and any subsequent time factor would be a higher low.

I maintain that same stance even though the market is flirting with the lows here I do not believe they will be taken out. However, in reality it feels like we are at a lower low due to sentiment but if you follow us on X then you will know I talked about this psychology several weeks back.

This is something I have observed over the years and it’s very true today. The BTC fear and greed index is in fact lower than it was on August 5th and overall we are in full blown November 2022 sentiment or worse.

Just check out what the below graphic is telling us about fund flows.

Crypto funds saw nearly $600 million in outflows last week, the 2nd largest on record. This was only below the 2022 levels when crypto experienced a severe bear market. Yet, the high time frame structure of this market remains very much bullish. Remember, the mob CAN’T be right. It’s simply not how markets work. The majority will always be wrong.

Important Time Factors

Now let’s take a look at why this is the most important time factor of September and why I believe we are making a higher low here on worsening sentiment.

Starting with the high time frame weekly chart.

You can see we are at three different time by degrees dates from very important highs and lows.

270 degrees from the 2019 top

300 degrees from the 2018 bottom

690 degrees from the 2011 top

All significant turning points in the market and all falling on this week of September 9th. The higher the time frame the more important the date. Lastly, look at the RSI here. Major bullish reversal setting up on a high time frame. RSI making a lower low than last September, meanwhile price is not. That’s a very bullish sign.

Now let’s look at our daily ranges in this cycle.

From last years April 14th top, which was the high of the year at the time according to our research, we saw a 150 day period before the September 11th low was reached.

This year we saw the yearly high on April 8th followed yet again by a 150 day move to the most recent September low. Which all coincides with 360 degrees from last years low as we covered in our report last week.

We are also seeing this coincide with 180 day moves in this market.

Last years summer range was 181 days of the market going nowhere. Once the market bottomed on Sept. 11th it made a 184 day advance to the March high. Since that March high we have been moving in this current range for 180 days exactly today, Sept. 9th.

Furthermore we can see the similarities in last summers final shake out to this year’s in the below chart.

From the April high the market made a low 22 weeks later after an 8 week period below the 200dma. Today, this week, marks the 22 week period from the April high and 10 weeks below the 200dma with the exception that we actually traded back over it for two weeks before dropping back below which gives us…exactly 8 weeks below.

Finally, if we look at the time by degrees dates for this year and how they have been playing out so strongly you will see that this time will be no different.

The market has been working off of the 30 degrees consistently with key trend changes in this range happening over and over again at these dates.

The short term time confluence overlapping with larger weekly cycle times all in confluence with extreme bear market sentiment tells me that the bears are quite literally running out of time to take this market down.

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