Wolfe Wave completion at its 1-4 Line corroborates with an Elliott Wave continuation pattern completion with its Extended Flat.
Prior lofty target as "TG-Hi = 2031.25 - 08 SEP 2014" remains in force.
More refinement of the target if and as price continues its expected rally from here on - In the mean time, check out the "Related Links" for prior...
Noteworthy geometric festivities underway in e-Mini S&P500:
1 - AB = CD SYMMETRICAL GEOMETRY:
The simple ab = cd symmetrical formation is laid over entire price action within the chart. Its ending points to 1999.75 value.
2 - ELLIOTT WAVES' ENDING TRIANGLE:
EWP's End Diagonal is constructed by five waves, themselves build by a 3-wave formation,...
Wide price amplitudes may have caused callous in the not-so-weak hands hanging on to street poles while being whisked around by these wild gyrations.
However, model remains BULLISH, and a marine predatory geometry seems take shape.
Beware of the waters.
Predictive Analysis & Forecasting
Denver, Colorado -...
A quick and dirty way to forecast your way across the blank screen is to make use of very simple tools, such as Fibonacci forward projections of its significant 1.618 extension.
In the case of the #ES, here we are dealing with a high-probability geometry, derived from a Elliott Wave's pattern, in which we recently noted a Bullish Flat.
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
2 - TG-Hi = 2031.25...
WOLFE WAVES SIGNALED A PENDING FALL IN PRICE:
As you may recall, the Wolfe Waves pattern ("WW") posted this past week successfully signaled the tumbling that ensued. At the time, we set out two targets at 1987.00 and 1984.75. In fact, as price plummeted over two US trading days, it neared the targets at such a momentum, that it was pretty much a sure...
In continuation to yesterday signal of an imminent decline in the e-Mini S&P500, we are now witness to that plummeting fall, and today, we get to possibly witness ES Tumbles-Part Deux.
The technical background that predicated the plummeting fall yesterday was provided by a Wolfe Waves pattern ("WW") whose features called for an abandonment of any...
As we have demonstrated over the past 1-2 days, the e-Mini S&P500 was capable to submit itself to predictive analyses and forecasting at a higher timeframe (H4) than the lower ones (M1, M5, M15) - See recent analyses/forecasts on TradingView.com's e-Mini Room here: www.tradingview.com as well as recent forecast/analysis...