[EOD] Stocks-
Month-end. A complete five-up in February? See charts.
Disclaimer: Each post is for informational purposes only. It is not a solicitation, a recommendation or advice to buy or sell any security or investment product. Information provided in each post does not constitute investment advice.
Tuesday, February 28, 2017
Monday, February 27, 2017
Friday, February 24, 2017
MTU Weekend Ed.- Tracking the Upswings (2/24/17)
It appears easier to track the post-election rally using ES than SPX, and it appears easier to track the upswing as an ABC corrective structure rather than an impulse wave. See Chart 1.
The above observation has a similar impact on tracking of the rally since Feb 2016 in SP500. See Chart 2.
While these ambiguities carry over to where SPX is in a fifth wave ((v) of [3] or [5] itself)) or still in a fourth wave ([4]) with respect to the 2009 bottom, the inferred potential trajectories remain helpful. See Chart 3.
The above observation has a similar impact on tracking of the rally since Feb 2016 in SP500. See Chart 2.
While these ambiguities carry over to where SPX is in a fifth wave ((v) of [3] or [5] itself)) or still in a fourth wave ([4]) with respect to the 2009 bottom, the inferred potential trajectories remain helpful. See Chart 3.
Thursday, February 23, 2017
Wednesday, February 22, 2017
Tuesday, February 21, 2017
Saturday, February 18, 2017
Thursday, February 16, 2017
Wednesday, February 15, 2017
Tuesday, February 14, 2017
Monday, February 13, 2017
Saturday, February 11, 2017
MTU Weekend Ed. - 7 Gaps and 11 Waves (2/10/17 close)
From the Nov 4, 2016 low in SPX, this post-election rally now boasts 7 unfilled upward gaps (Chart 1). Futures (Chart 2) appears to offer the cleanest tracking, with its 11 waves to date.
[green] impulse wave. Wave 5 is extending, now at its wave[iii]-up. Or wave 4 is a flat and wave 5 is concluding.
[blue] impulse wave. Wave 5 is an expanding EDT, completing. Or wave 4 is a flat and wave 5 is at its wave [iii]-up.
[red] corrective wave. Wave C is an expanding EDT, completing.
[green] impulse wave. Wave 5 is extending, now at its wave[iii]-up. Or wave 4 is a flat and wave 5 is concluding.
[blue] impulse wave. Wave 5 is an expanding EDT, completing. Or wave 4 is a flat and wave 5 is at its wave [iii]-up.
[red] corrective wave. Wave C is an expanding EDT, completing.
Thursday, February 9, 2017
Market Timing Update (2/9/17)
[EOD] Stocks-
a large contracting EDT and a small expanding EDT for the post-election rally? See chart.
a large contracting EDT and a small expanding EDT for the post-election rally? See chart.
Wednesday, February 8, 2017
Tuesday, February 7, 2017
Monday, February 6, 2017
Saturday, February 4, 2017
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