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
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
Tuesday, June 7, 2016
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
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
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