mikeoakster

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About me Portuguese part-time trader, trading with Ichimoku, giving a look into Elliott Wave.
Joined Lisbon, Portugal
Markets Allocation
27 % indices 73 % other
Top Mentioned Symbols
FX:SPX 68% | 142 SP:SPX 26% | 55 TVC:SPX 3% | 8 PSI 0% | 1
mikeoakster mikeoakster SPX, 1D,
SPX: Complicating
221 5 5
SPX, 1D
Complicating

Just one of the numerous ways of counting and projecting the recent SPX price action. In this one, price would stay sideways for much more time, inside a larger flat or some EW combination pattern, forming a classical rectangle, this way supporting a larger long term uptrend.

mikeoakster mikeoakster SPX, 60,
SPX: Correction finished?
125 2 3
SPX, 60
Correction finished?

Maybe yes, maybe not.

mikeoakster mikeoakster SPX, 1W,
SPX: The cash
104 0 2
SPX, 1W
The cash

Up?

mikeoakster mikeoakster SPX500, 1W,
SPX500: Target
93 0 5
SPX500, 1W
Target

Let's go!

mikeoakster mikeoakster SPX500, 240,
SPX500: Maybe this...
77 0 2
SPX500, 240
Maybe this...

... maybe that.

mikeoakster mikeoakster SPX500, 240,
SPX500: Up up up...
34 0 2
SPX500, 240
Up up up...

... we go! Or not.

mikeoakster mikeoakster SPX500, 240,
SPX500: Go!
32 0 1
SPX500, 240
Go!

Up or down? Or sideways?

mikeoakster mikeoakster SPX500, 60,
SPX500: Sky rocket?
58 0 2
SPX500, 60
Sky rocket?

Here we go. Or not.

mikeoakster mikeoakster SPX500, 1D,
SPX500: Bearish scenario
123 0 4
SPX500, 1D
Bearish scenario

Just having a look into what could be the start of a downtrend.

mikeoakster mikeoakster SPX500, 1W,
SPX500: Breakout?
95 0 3
SPX500, 1W
Breakout?

Or false breakout?

mikeoakster mikeoakster SPX500, 1D,
SPX500: Up?
76 2 3
SPX500, 1D
Up?

Just imagining what could be the start of a sky rocket move...

mikeoakster mikeoakster SPX500, 1W,
SPX500: Weekly
80 0 3
SPX500, 1W
Weekly

Did we have a Minor wave 2 having a higher high wave b, signalling a strong Minor wave 3? Did Minor wave 3 went to about 2,618 x Minor wave 1, confirming the signaled strength? Are we having (if not finished already) a Minor wave 4 that: - Has retraced about 38,2% of Minor wave 3? - Is challenging the bottom of the Minor 1-3 channel? - Has not made a ...

mikeoakster mikeoakster SPX500, 240,
SPX500: Could it be done?
76 0 3
SPX500, 240
Could it be done?

It could be. But be aware it could be not.

mikeoakster mikeoakster SPX500, 1D,
SPX500: Support
81 0 3
SPX500, 1D
Support

Support is holding for now.

mikeoakster mikeoakster SPX500, 240,
SPX500: Done?
55 0 6
SPX500, 240
Done?

Down?

mikeoakster mikeoakster SPX500, 240,
SPX500: Triangle?
132 0 6
SPX500, 240
Triangle?

Could a triangle be forming now in Minuette degree, anticipating the last drop to complete the big Minor wave 4 ? Just one possibility among dozens of them.

mikeoakster mikeoakster SPX500, 1W,
SPX500: Getting closer?
177 1 5
SPX500, 1W
Getting closer?

Big long opportunity coming? Let's see how does the market react once it reaches (if it reaches...) the strong support.

mikeoakster mikeoakster SPX500, 240,
SPX500: Simple ABC?
82 2 4
SPX500, 240
Simple ABC?

Maybe yes, maybe not...

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