#ES Signals Reversal To Higher High Per Model | #SP500 $SPX $SPY
Traders,
Model signaled a significant reversal level reached in smaller frames. Price is currently in a consolidation, although Elliott Wave patterning suggest that a Bullish Flat completed, and would thus carry price to higher highs.
Predictive/Forecasting model defines the following lofty targets:
1 - TG-Hi = 2016.25 - 08 SEP 2014
and
2 - TG-Hi = 2031.25 - 08 SEP 2014.
A break ABOVE 2003.75 would severely weaken bearish force per model - A break above 2007.75 would free bulls up to room in verdant pastures.
Chart annotations are my own trading plans; pink outline is speculative pathway based on model's projection of future R/S and reversal levels - None of it should be construed as a trading recommendation.
Continued technical commentary will be posted on the TradingView's e-Mini Room:
- www.tradingview.com/chat/
Additional predictive and forecasting analyses on this and other assets will be provided in this Predictive/Forecasting Room, where charts are posted preliminarily until they reach some pertinent value:
- www.tradingview.com/chat/
Thank you for following. Feel free to add comments and charts, as well as request if reasonable and beneficial to all. I will do my best to entertain what I can. #ES related charts are best posted within this thread, so as to keep it related and relevant.
Cheers,
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
--------------------
Twitter: @4xForecaster
--------------------
Model signaled a significant reversal level reached in smaller frames. Price is currently in a consolidation, although Elliott Wave patterning suggest that a Bullish Flat completed, and would thus carry price to higher highs.
Predictive/Forecasting model defines the following lofty targets:
1 - TG-Hi = 2016.25 - 08 SEP 2014
and
2 - TG-Hi = 2031.25 - 08 SEP 2014.
A break ABOVE 2003.75 would severely weaken bearish force per model - A break above 2007.75 would free bulls up to room in verdant pastures.
Chart annotations are my own trading plans; pink outline is speculative pathway based on model's projection of future R/S and reversal levels - None of it should be construed as a trading recommendation.
Continued technical commentary will be posted on the TradingView's e-Mini Room:
- www.tradingview.com/chat/
Additional predictive and forecasting analyses on this and other assets will be provided in this Predictive/Forecasting Room, where charts are posted preliminarily until they reach some pertinent value:
- www.tradingview.com/chat/
Thank you for following. Feel free to add comments and charts, as well as request if reasonable and beneficial to all. I will do my best to entertain what I can. #ES related charts are best posted within this thread, so as to keep it related and relevant.
Cheers,
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
--------------------
Twitter: @4xForecaster
--------------------
