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Saturday, August 27, 2016

Looking for rally Tuesday or Wednesday

Sat Aug 27th 4:26 PM ET
After loading all my data from vacation!
Getting buy signals, look for low Tuesday Aug 30 Spx 2150 +/-
Wednesday is orange day last 10 of 12 have been up.
It is also the 31st a good EOM rally will pursue.
Will it take out old high I don’t know.

Also working on a buy/sell program based on Joel GreenBlatt book @ Amazon
and some one named
Michael Carr
and his pattern x theory

I have refined these works to my own time frame and understanding, with out the wild claims from either.
Jerry O

Saturday, July 16, 2016

ST target 2111 SPX

OK we never got the gap down and still are marching for 2111 SPX .
Still over bought so nothing has changed. We could plunge at any time or rally due to the overbought condition.

After running my data:
We had an outside day considered bearish by me 70% of the time.
Wave 5 of v Advanced get.
Double top.
Super over bought.
4.94% model very overbought
My moon count looks favorable.
I think 2011 is still coming but we need a rest.
We will need a strong gap down Monday to set this up
 Jerry O   click chart to enlarge

Saturday, July 9, 2016

Are U ready for 2211 Spx M term

I have and remain bullish.
Using Advance Get and Friday rally we have switched from an ABC to wave 5 that should extend.
I don't know how A Get came up with 2211 in it's formula but here is mine.
Wave 2 =1891  Wave 3 =2111 or 220 Spx points
Wave 4 = 1991 + 220 = 2211
I have strong support at 2185 all on chart, I will post.
Good trading Jerry O

Wednesday, June 29, 2016

spx 2090

People who know me know I like 3 and 100
Advanced Get changed from a Wave 3 to a bullish wave C.
I should have said It yesterday it could change.
I look for 2090 either Ju 30th or July first.
"Nay Sayers" look at 2-11-16 a C wave.
We went from 1810 to 1930 in 3 td or 100+ pts
Gann angles loves it. 

 click to enlarge

Monday, June 27, 2016

Rally time

I have been pounding the table all day saying the market (SPX) is down but so is the  VIX.
NO one responded as if SO WHAT ?
Here is a chart to what I speak.
The green lines = SPX  and the red-black = VIX. When the VIX peaks like today but the SPX didn't turn up I expect a GAP higher in the SPX  and a meaning full rally.
click chart to enlarge.

Monday, June 20, 2016

I see no bears.

Simple trend lines show more than you think.

My dates have been +/- 1 TD  not bad.

Tuesday, June 7, 2016

Remember the 7th or 17th

Here we are one day before the 7th my first target  date and we hit the 5th wave. I think there is a little more upside because the moon is in a favorable phase. Unless we have a crazy gap higher that is clearly unsustainable I think we could slowly go higher.
If we remain calm I would look at 17th. Even if we drop a little there should be a 5 TD retest of high.
 click chart to enlarge

Sunday, June 5, 2016

Working Bollinger Bands

Most people will buy or sell when the BB is pierced by a stock or index.
Usually this works very well but if you use a 3 zig zag it clears the picture.
I have annotated a chart to show a few examples on the current SPX
Jerry  June 5th 2016

Friday, June 3, 2016

We are 5.80 away from a wave 5

A close above 5.80 Spx ((2111.06 ) will offer a Wave 5. That could offer a bigger breakout higher.

Tuesday, May 24, 2016

Ahead for the week

Auto Gann lines are working again.
Scenarios for Wednesday   Fill the gap
                                            Fill the gap but close above 50DMA
                                     or    Range   the gann lines 2059 -2071

I expect a higher high Friday  27th. And into Mid June,later, but not in stone!
Jerry O