2019 Weekly Commentary

* Time, Price and Gaps (12/27/19)
* Update (12/20/19)
* Triangle Apex (12/13/19)
* May/Aug Line (12/6/19)
* Profile (12/1/19)
* Update (11/22/19)
* Maturing (11/15/19)
* Profile (11/8/19)
* New ATH (11/1/19)
* NDX (10/25/19)
* WXY vs Triangle (10/18/19)
* Potential Terminal Triangle (10/11/19)
* Triangles (10/4/19)
* Red Line (9/27/19)
* Red Line (III) (9/20/19)
* Red Line (II) (9/13/19)
* Red Line (9/6/19)
* Megaphone Update (8/30/19)
* Lines and Megaphone Update (8/23/19)
* Lines (8/16/19)
* Bounce (8/9/19)
* Megaphone (8/3/19)
* Overthrow Territory (7/26/19)
* Wedges and Kisses (7/19/19)
* Wedging (7/12/19)
* Wave B tracking (7/5/19)
* Structures(6/28/19)
* Fibo(6/21/19)
* Structure(6/14/19)
* Kiss(6/7/19)
* Necklines(5/31/19)
* Necklines(5/24/19)
* Potential Head-and-Shoulders(5/17/19)
* MA(5/10/19)
* ABC to New HIgh(5/3/19)
* New High(4/26/19)
* Candles(4/18/19)
* ABC(4/12/19)
* ABC(4/5/19)
* Retrace, Momentum and Resistance(3/29/19)
* Retrace, Momentum, False Breakout? (3/22/19)
* Momentum (3/15/19)
* Retrace (3/8/19)
* Resistance (3/1/19)
* Resistance III(2/21/19)
* Resistance II(2/15/19)
* Resistance (2/8/19)
* Rebound (2/1/19)
* Rebounding IV (1/25/19)
* Rebounding III (1/18/19)

* Rebounding II(1/11/19)

* Rebounding (1/4/19)
* 2019 Outlook (12/31/18)

MTU Month-End Ed. - Time, Price and Gaps (12/27/19 close)

In Chart 1,  wave B-up is about equal in time to wave A-down (from H1) and about 4 times in time as wave A-down (from H2).   Wave B-up is at a respectable magnitude with respect to wave A down.
In Chart 2,  wave Y-up (from the blue X) is about equal in time to wave W-up. Wave Y-up is at a respectable magnitude with respect to wave W-up.

The latest advance from the October low now has 7 unfilled gaps (Chart 3).

MTU Weekend Ed. - Update (12/20/19 Close)

MTU Weekend Ed. - Triangle Apex (12/13/19 close)

Time wise, SPX is at  the apex of a potential triangle (grey lines), although it's debatable whether it is a triangle.

MTU Weekend Ed - May/Aug line

SPX is retesting, making a second attempt to break above the line connecting its May and Aug highs.

MTU Month-End Ed. - Profile (11/29/19 close)