Trending the SP500 SPX using proprietary cycles.
A mechanical program (excel formula's) and the use of Advanced Get (Elliot waves) to both visually show what my spread sheet offers and how Advanced Get
understands it. Tops and bottoms will not be picked but the gravy in between. Use at your own risk to supplement your own work.
keywords: buy,sell,panic,wall street.trend,tick,volume,head and shoulder,pattern.
*** FEED THE FISH CLICK IN WATER *
I have had this week as a low for a week. Now is the time. Monday we need to break 2097 very fast that should turn the indicators down. Friday drop just put them in holding pattern. Will add a few charts one will be weekly of the SPX and how close it is to dropping out of the channel. The second shows what is a rounding top.
Just to show if 2039 to 2044 broke, we will be at 1980 very fast.
I'm worried about Monday 27th. Friday’s drop was so big it moved my parabolic
sheet ahead 1+ TD. Thursday as I posted I was looking for low retest on the 3rd
5th but now think 31st will re-test the low ( that is where we get long)
Monday now calls for a low/reverse. A check mark day or a V day.
Monday is a blue day Key times are
10:30 +/- 20m and 3:30. My guess is it will be a low am to high pm day. The parabolic sheet is rarely wrong on
Problem all indicator are only 1/2 way into down stretch.
IE: We could double bottom Monday or plunge big time. Since my indicators are ½
way to a-low we need a big drop. If not any rally will be short lived
Sold my calls today Monday rally. IRAN maybe the news Tuesday. Iran aside I look for a little more rally Tuesday before we pull back to say 2080-88. The math says Monday is a EDT -D and the chart does offer some what of ending digital triangle look. Charts offer more upside and the high could be the 16th new moon. I have been using the 15th-16th as a best guess for last gasp high. Working on where next low could be, next purchase will be puts.
I said yesterday if we had an inside day we will rally. Sure enough we had the inside day, out of many things the market could have done! That is the Wall Street code to rally. It's all fixed, to screw the little guy, but the little guy can play too. To be clear I'm not saying every inside day is a buy only the special ones I look for the mother of a short Squeeze to start Thursday and go until the 15th or 16th of next week. Not trading advise. Do you own work and figure it out. Jerry Fun and games on the internet. :)