sjstephe

Message Follow Following Unfollow
Last visit Joined 3 years ago United States
Markets Allocation
67 % indices 33 % stocks
Top Mentioned Symbols
SPX 66% | 2 DXJ 33% | 1
sjstephe sjstephe SPX, D, 3 years ago
SPX: SPX - In a wave 5 pattern?
257 0 1
SPX, D
SPX - In a wave 5 pattern?

Wave 4's ABC retrace pattern appears to have completed at 1824 and it looks like we are now in wave 5. Expecting this wave to take us to the 1866 area (1.618 Fib ration of wave 4. Also note that the first 4 waves in this impulse have fallen nicely into a parallel channel (purple).

sjstephe sjstephe DXJ, D, Short , 3 years ago
DXJ: DXJ - Rising Wedge Pattern
40 0 0
DXJ, D Short
DXJ - Rising Wedge Pattern

DXJ is forming a nice rising wedge pattern. Seems to be a lot of resistance in the area of the red box, 49.25 to 50.25. Once the price breaks the bottom support level of the wedge look for it to fall fast.

sjstephe sjstephe SPX, D, 3 years ago
SPX: S&P 500 Wave 5
90 3 1
SPX, D
S&P 500 Wave 5

SPX looks to be in wave 4 with a potential wave 5 ending at 1866 which is the 1.618 Fib extension of the wave 4 retracement.

Last visit
1
0
3
Message Follow Following Unfollow
User follows nobody
Market
Interval
Browse
Time
Type
Browse
Time
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out