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. I'm also using a MOON COUNT that has been working nicely! Use at your own risk to supplement your own work. Jerry
Sunday, June 17, 2012
Bernanke Wed and new stink
I have the cross hairs of a sell but with Bernanke Wednesday we could go up another 10-15 spx points.
That AGET sell failed-DOA nest day.
I don't think the angle I drew a week ago will stop us but it could. (red)
If we did turn down here it could complete a w4 and ran us down to finish w5. or it could be trying to finish a crash W3 or C wave, time will tell.
As far as Friday my spreadsheet put me in a cross hairs to a sell.
However this volume chart had no spike Thursday or Friday making this move not complete. It's not Greece,
it's the world.
Japan could default in 2014-15, India
on the Cusip of a down grade. This is new stink.
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