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.
Friday, July 27, 2018
Saturday, July 21, 2018
Friday, July 13, 2018
Thursday, July 12, 2018
Wednesday, July 11, 2018
Market Timing Update (7/11/18)
A five-down from yesterday's high?
The red count has uncertainty regarding look and feel, but does not violate rules.
The blue count has better look and feel, but wave 5 expanding EDT does not measure right - it's counted wrong or it is not done yet (can morph into a contracting EDT etc).
Tracking counts
Tracking counts
Tuesday, July 10, 2018
Monday, July 9, 2018
Market Timing Update (7/9/18)
Stocks are close to making a higher high.
The Dow is apparently lagging. A potential bearish triangle is applicable to both indexes and is consistent with a lower low in INDU but not a lower low in SPX in April. In that case, the potential triangle is either approach immediate conclusion (E-up) or still in D-down.
The Dow is apparently lagging. A potential bearish triangle is applicable to both indexes and is consistent with a lower low in INDU but not a lower low in SPX in April. In that case, the potential triangle is either approach immediate conclusion (E-up) or still in D-down.
Saturday, July 7, 2018
MTU Weekend Ed. - Bear Flag (2) (7/6/18 close)
SPX is retesting the underside of a potential bear flag
The potential bear flag is either done (Chart 2 and Chart 3 red) or has one more high (Chart 3 gray Z)
NDX avoided a key overlap (Chart 4) but presents a potential five-down (Chart 5)
The potential bear flag is either done (Chart 2 and Chart 3 red) or has one more high (Chart 3 gray Z)
NDX avoided a key overlap (Chart 4) but presents a potential five-down (Chart 5)
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