4xForecaster
Short

#ES Possible 1992 Decline, 2003.75 Recovery | $SPY $SPX #SP500

CME_MINI:ESU2014   S&P 500 E-MINI FUTURES
191 13 2
Traders,

Watch for possible decline to 1992 and subsequent 0.618-Fib recovery to structural resistance at 2003             .75.

David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: admin@KADAInstitute.com
All updates on https://twitter.com/4xForecaster
TECH-NOTE:

The structural recovery is defined by the historical entrenchment of bears at the 2003.75 line with well demarcated points of repulsion as shown:

#ES - M15 Chart:
snapshot



David Alcindor
+2 Reply
TECH-NOTE:

Pattern lent itself to a short entry opportunity at 5-prime of a Wolfe Wave pattern signaled last night:

#ES - H4 Chart: Wolfe Wave Downward Course Towards Its 1-4 Profit Line:
snapshot



David Alcindor
+1 Reply
Here is another predictive analysis and forecasting schematic of this $ES chart - Discussion on its content and development can be reviewed in the Predictive Analysis & Forecasting Room
- Link: https://www.tradingview.com/chat/#5eHLst6YxeVqGlaO

Little bragging note, but more to validate the methodology - Entered this trade at the tip-top reversal point last night, running it currently as a nice performer - See chart:


#ES M15 Chart: Occult Market Geometries & Discreet Symmetries:
snapshot



David Alcindor
+2 Reply
04 SEP 2014 - Update:

From Twitter:
----------------------
$ESU2014: As price falls to forecast levels, floor opens to abysmal targets

#ES Possible 1992 Decline, 2003.75 Recovery | $SPY $SPX #SP500


via @tradingview | #SP500 $SPY $SPX
----------------------


snapshot



David Alcindor
+2 Reply
TECH-NOTE:

... Noticing how the hidden geometries are already calling price down to 1988.75?

How? See how the significant 0.382, 0.500 and 0.618 Fibonacci values are already validated before price even reach that 1988.75 from which these levels would have appeared, had price been at 1988.75.


snapshot



David Alcindor
+1 Reply
4xForecaster PRO 4xForecaster
2 years ago
In this respect, TG-1 is a quantitative target that carries a HIGHER probability of getting hit, but a lesser strength of reversal.

In contrast, TG-Lo is a qualitative target that carries a LOWER probability of getting hit, but the strongest potential for reversal - This is how I got to trade the tip-top of this ES last night, and other tip-top/bottom-tip reversal points.

Cheers,


David Alcindor
+1 Reply
thanks for analysis Iwill be folllowing it
+1 Reply
4xForecaster PRO manijeh.kazemi.33
2 years ago
You are very welcome @manijeh.kazemi.33 - David
Reply
04 SEP 2014 - Update:

From Twitter:
-------------------------
$ESU2014: Moving on down to target per forecast:

snapshot


via @tradingview | $SPX #SP500 $SPY $EUR $USD
-------------------------


snapshot



The cute little geometry analyses did not pan out in the smaller timeframes at all, at least not in the price pathway that was anticipated using simple symmetries.

However, Wolve Waves delivered the reversal on cue, while price continues its downward course towards TG-1.


David Alcindor
Reply
04 SEP 2014 UPDATE:

50% retracement completes a 5-0 Pattern following Bullish Shark completion. This nears M5, M15 predictive model values.

Entered at arrow SHORT - See M5 Chart:


snapshot



David Alcindor
Reply
4xForecaster PRO 4xForecaster
2 years ago
Tight SL required, as price could still mount an offensive up to 0.618 level in the chart, approximating original target, namely: TG-Hi = 2003.75 - 04 SEP 2014.

Beware.

David
Reply
4xForecaster PRO 4xForecaster
2 years ago
Here is the potential counter-trend, possibly taking pattern traders by surprise:


snapshot



David
Reply
4xForecaster PRO 4xForecaster
2 years ago
Here is the TG-Hi, properly plotted in this chart:


snapshot



David
Reply
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