bobwff33
Short

SPX almost there,a bearish BAT at 2100

FX:SPX500   S&P 500 index of US listed shares
1450 18 12
1.0.886XA
2.1.618AB=CD
3.2100 ,the Psychology Price
4.Long time trendline ,which has been broken at 2015-8-21
SL;2140
TP1:2006,TP2:1948,TP3:1882
Comment: What a sharp reversal ,set up around 2094,let's wait and see!
Comment: I've got a bad feeling about this one ,not just most traders are thinking of Short arround 2100,but also the reversal is not that decidedly and sharply,keep watching.....
Comment: For now ,it seems that we might got a good trade,make the Sl to the break even ,keep watching!
Comment: the first target almost done,good job!
Close 1/3 ,the rest make 38.2% trailing stop
Comment: ready to regain our ticket at 2070
Comment: Regain our trade at 2061
snapshot

Really crazy bullish trend!
Anyway, when you look at my EMA_MUSIC_STAVE, you can see the /\/ fast V turn to adjust your view to bull again.

According to Joseph E Granville's Strategy 8 rules, the 1st rule is when MA look upwards and price rises cross the MA.
Buy Entry at MA.
If you take a look on above EMA_MUSIC_STAVE, EMA7 is best stop and reverse point from previous bearish prediction.
Well, SPX500 touch the green calculated line again quickly, quite enough pips to eat.
Reply
In Hong Kong, HSI drop a lot, suppose this Gartley bearish pattern success run.
According to my stock teacher's skill on measure time method,
there will be 2 given days to notice when to end this widely Gartley bearish pattern.
1st will be 2016-01-27, 2nd will be 2016-05-02
Well, Since this uptrend use more days then 12 of October, it is suppose to bear until early of May in next year.
Reply
bobwff33 TerenceTam
wow,time prediction is my week point ,so i will stick to my plan ,close 1/3 arround 2000,another 1/3 1950,the rest let it go,wish we all have a good luck
Reply
Ron M Morin bobwff33
Yes, I basically agree with all of the above--the only thing I will add is to my mind when the SPX closes below 2020 that will be a good indication that Wave 2 is over and wave 3 has begun. Until then Bulls still have options. GL to all
Reply
bobwff33 Ron M Morin
thx for the tip!
Reply
Ron M Morin bobwff33
You're welcome--now let's see if this works out
Reply
TerenceTam bobwff33
In Hong Kong, my stock teacher was television antenna checker, who always measure mix of several Sine waves.
Well, but he really hates me to expose the premium content of class, thus I just give some results if possible.
He invents new methods to measure time, which is better than Hurst market cycles.
In 1970, JM Hurst suggest that market goes same period but in real world it shifts more or less.
The single time cycle tool in the left hand side of this website is using the idea of Hurst market cycles.
Yes, Hurst market cycles theory is already rare and less people can find/know it.

For me, I try to invent new skill, if the skill/indicator lag too much, free to others.
My some post in past, I check any cross on herd boy line (prediction on SAR 0.2 0.2) and waive maid line (EMA7) to find pivot.
Most of the time, it only tells the pivot gone near 2.5 candle time delay, just little better than confirm when cross.
This is why I free this skill, it is good to back test confirm pivot but not good on future prediction.

Brothers, it is clear to me that I have not come to that knowledge;
but one thing I do, letting go those things which are past, and stretching out to the things which are before.
Then, I try to find/invent new again.

Well, EMA_MUSIC_STAVE delays 0~0.5 candle time, but already better than classic moving average.
Classic moving average lags 2-3 candle time.

In my opinion, I suggest you to take a look on JPN225 instead of HSI.
The trend and position going is the most similar market on DOWI or SPX500, JPN225 lead half day from you.
Really like cheating to see the result before trade. ^_~
Reply
bobwff33 TerenceTam
I think you are right bro,the indicators always lag a little bit,and it's true that " letting go those things which are past, and stretching out to the things which are before. ".I really admiring that you are inventing new skills with effecitve indicators,thats exactly what i like.But honestly,the JPN22g did hit the line 19200,which had been broken down 2015-08-21,and retested 3 times.^-^
Reply
Gartley pattern is hard to use well, in the last few days of September,
I post the Gartley bullish and suppose strong uptrend at least up to 12 of October.
but it give a big drop before go uptrend!
Sometime Gartley bearish pattern also can many form to go, as you see the bearish comment from middle of October. (2000 sth.))
The market bull up till the end of October, Still is the shape of Gartley bearish.
Even if the market Direct bull to 2500, the Gartley bear butterfly still valid on bearish pattern.
Reply
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