Originally posted Oct 2014, Apple continues on track towards the potential target around $145.00. See attached for original post. (Note: chart gets skewed when saved, spread apart the price scale until target at 5 has the purple Fib level, the curved Fib extension and the top resistance of the turquoise wedge pattern all crossing at one point in the center of target 5).
The S&P has completed at least 9 Gann P/T Squared moves since the end of 2014, as seen on the chart. Note the related link below for the original published call on March 15. The market was then sitting at the bottom (point) of the last blue triangle (G9). Lifting in to the red target zone, it completed a squaring of price and time from the left hand side of G9. ...
Targets given are from Gann Theory; squaring price and time from latest drop. Two sets of potential targets are given, and are defined by the starting place chosen for the recent drop. The last two days movement gives us a rough consolidation, when this breaks, up or down, we can then follow the market to the potential targets.
The patterns across time frames suggest targets for a lift. 60min ascending wedge suggests it could be further than the red channel top. Overall wedge pattern on Daily & Weekly suggest at least back to the red channel top. A break of the wedge is needed for this. Currently at significant technical level - on par with previous highs at the start of the wedge.
The market drop stopped at several long term supports, as well as a Fib cluster. Along with the W%R now lifting from the -80 level, this chart shows that there is a possibility now for more lift. The recent drop remains within the long-term red channel and shows that it has been a consolidation move, and currently remains within a positive trend. IF all these...
(try this again - with both charts) Both the S&P and VIX have reached significant support / resistance zones. The zone on the VIX can be seen to go back for a while; as well as holding the market more recently (2013 +) We can see that this currently corresponds with a significant market s/r on the S&P. The VIX suggests that the current drop from the market may end...
(goofed on initial save of this analysis, only 1 chart - see same analysis with both charts) Both the S&P and VIX have reached significant support / resistance zones. The zone on the VIX can be seen to go back for a while; as well as holding the market more recently (2013 +) We can see that this currently corresponds with a significant market s/r on the S&P. The...
Having moved through 2 significant patterns / trend lines (Black & Pink) the market may be looking to give us a Wave "C". If C = A in size we can see the market lifts "coincidentally" right to the 0.382 Fib retracement level. Wave C also potentially a Wave 3, see other long term considerations attached. Either count is looking for a lift to $90.00
EURUSD Next Technical Levels, Long-term outlook. Support near, however a break through the current grey s/r zone could see it move to the next, Long Term Pattern Support (black wedge bottom). W%R remains under the -80 level, indicating more downward potential
Market has found resistance from channel. Current grey s/r zone, 13ma, next dashed channel, and the next grey s/r zone all offer technical trigger considerations IF the market starts to make its way back to the lower solid black channel support. Watch for potential reaction at the Fib levels on the W%R, otherwise it has room to drop and indicates more down for...
Significant market levels offer technical trigger considerations as they are broken or respected. Along with the ellipse, they offer guidance for the next move(s). The W%R has room to drop, suggesting more down potential.
Several significant technicals can been seen converging near the current market. Long Term purple trend lines and previous lows (black dashed) are close by and offer trigger considerations when broken or bounced off of. Next market levels are around 1186.59 and then 1060.00. W%R is below the -80 level and indicates negative pressure on the market continues....
Market consolidating at 1st purple s/r. Breaking support could see a move to 1186.59. From there we can see the next lower purple s/r; breaking through this could then see the market drop to 1060.00. The W%R has just lifted over the -80 level, however we can see the recent negative market trend occurred with the W%R bouncing around below the lowest Fib level on...
Next stop for silver looks to be around 14.75, which is the next significant market level, originating back in 2006. A minor market level around $16.00 should be kept an eye on.
Overall ellipse pattern may be a "CUP", suggesting that we keep an eye out for a "Handle" pullback. Solid blue and Black s/r's at the top of the chart are long term trend lines and the next levels to look towards if the market continues to lift and breaks up through the purple channel. See monthly for long-term view and a more severe pullback potential. (see...
Break of purple channel needed for more lift. Next significant technical s/r's can be seen from the Black Wedge and Blue Fib Channel We can also see a potential for the market to move back to the blue ellipse edge one more time prior to the lift potential. Both Blue ellipses are identical (clones) and seem to offer a rough guide for the current market dynamics....