The min downside target is 4400 area plus or minus 20 If we break 4380 I will be able to project a new target . But the last time we had a signal like this in the a/d line 11.8 % drop over 2 weeks and 20.2% over 7 weeks and 38% over 5.6 weeks
Based on a PCT wave a and C up are equal in the sp 4772 in the sp 500 And in QQQ at 403 area I do not feel the long side is valid Based on the charts of VT WORLD INDEX and IWM I will not be short as started . As the bullish alt also can be counted as a double ZIG ZAG down and the nysi reached near the target of a move 950 to 1100 . I will post ...
The EUR/JPY's recent rally appears to be coming to an end, with a wedge on the 4-hour chart beginning to give way to the downside. Wedge patterns that rise during a downturn indicate that investors are losing confidence and serve as corrective patterns. In order to position their stop sufficiently above the previous week's high of 13056, shorts should aim for the...
TARGETS TO THE DOWNISDE still should be seen iIF ONLY THE SP DOES NOT get above 4652 I still see -700 to -1100 nysi summation index
We just ended a wave 4 within the advance wave topped at perfect fib 4714 area and had a sharp drop we should now see a blowoff to pass 4714 to 4755 to 4781
S&P500 index, will try to stable under the channel to prepare for bearish market. —— Downtrend Entry.: 4655 Tp.: 4600 & 4555 Sl.: 4695
I f we at anytime exceed 4752 then the alt target would be 4917 plus or minus 3 .I AM 95 % NET SHORT IN MARCH 474 PUTS
I maintain this is a top .I have now moved to a net 95% short every index
I HAVE NOW MOVED TO A 100 % CASH .I am now moving to puts across the board we should now see ifthe rally was wave B UP or wave 1 of 5 within the blowoff. .I also took profits in my calls in FACEBOOK and warning all traders to take profits. BEST OF TRADES WAVETIMER
I do not see going up in a corrective wave from here on . # 1 If X of WXY is a diagonal then this is the END #2 if this is wave C of ABC Flat then this is the END
We know for a fact that moving averages of closing prices are notoriously inaccurate. My variation on the moving average concept, which uses eight SMA close versus eight SMA open is, in my opinion, a better way to go. Here is the six-hour chart of S&P futures showing signal turns in the eight OC "relationship. No, it's not perfect by a long shot but it does have...
After the S&P 500 broke the Uptrend, the price target for my group was the May top, which should turn into support: So the price target was around 4220usd. But there were lots of investors who bought the dip and didn`t waited for the obvious retracement after the broken uptrend, so SPX found support in May`s dip, 4280. I expect a sideways movement before the...
targets have been 4088 for sometime but as my models and the MATH can now give the ALT target 4181/4161 .this would make wave 4 equal to wave 2 on a % basis and is also the 200 day avg . So I will maintain 100% cash till oct 16th friday at a min in time and at a min a target of 4182/4162 .
Looking at US stock market it is clear that bulls trying to defend positions. Gap near 4440 is next target and level to hold. US stocks market might recover during next sessions up to 4380-ish. If bulls are strong enough to hold, we might go up to 4440 - gap level, and if close above it I will look for adding more exposure to this market. Stay tuned Best...
If we dont NOT break the last low within 24 hrs Then I would look for the sp to then rally now into the target zone 4617/4676 before oct is over . As most traders who follow me over the last 40 some years . I almost never say maybe . But this window of time we are in is one of the highest risk time cycles since 1987 . based on my money velocity model
A WORD TO THE WISE .Today low can be seen as WAVE B and we are nearing the end of the bounce into 4371 area . I Still see oct 16 time as the final LOW
downside targets into the panic cycle of oct 4 to oct 20 focus date is oct 16 For world event . this target is the BULLISH CASE the alt need not be posted till oct 8 stay out in cash at 100 % i am only hold a small 5% of dec calls still long US $ AND BITCOIN but will take 80% of long bitcoin off above 49300. best of trades Wavetimer
I think it is pretty clear that US stocks market going up without any correction for little while. Expecting dip around late September and mid October. Support your investing portfolio in this period so you can get good profits before 2022.