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.
Here we have the Railroads. After the gap down and break of support they tried to recover to gap fill but have failed.
New York adv/decl showing real weakness. You can see real downside if this pattern continues. Blue line suggests a target
This chart I never got posted here the other day. At that point I was looking for 1430 now the possible target is 1410. Volume is in no mans land usually bearish till we break out.
Stock above 50 dma are in trouble but this all can change in a heart beat. We need to get under 1390 for that to happen.
Here I have put the Bollinger bands on all schemes. The blue line just shows a point in time thatbecause we have hit BB and 50 DMA that we could go a few more lower.I would say we are MOB ( make or break)