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
Friday, July 30, 2010
Wednesday, July 28, 2010
29th 30th July 2010
Sell number have moved up from spx 1099,1102, now 1103 for Thursday however I have Thursday 29th up based on blue days.
7-13 Blue was up, 7-12 was down, so 29th up?
Low at 10:30 +/-15m would support that.
Also will add my 15degree chart below looking for I think a high on the 30th (End of Month window dressing,-- all ready?)
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Some are real Good.
Still bullish 28th weakness best guess.
Last
This week a split? Up/dn ish
Vix hitting 21.86 is a hint of down.Watch Dax for strength or weakness. twin mkts
S1 last 2 Red, dn, next one was up, so tomorrow dn. 28th
28th is also my 119td low.
Other than that we are in an uptrend for weeks.Thinking buy the dips less 1056.88 spx is taken out.
I think we are in a speculative 5th wave and the reason I say that is my
Penny stock has come alive PTSC.ob (Patriot Scientific) and that is what Advance Get has as a wave.
Not trading advice.
Chart below of the Bull I see!
Sunday, July 25, 2010
Bullish if
Bullish why not.
3-Cycle models are all up ,days,wks,month.
Looking at my chart you see the MACD crossover pattern.
We have broken above down trend line.
AGET has us finishing a Wave 5 targets 1115.77
to 1168.98 SPX
Thoughts-Still look for a high 26th, 8td and a low 28th based on the 119 td count
8-17-09L+119, 2-5-2010L+119,= 7-28-2010L. That low could be fast and bounce off 1056
The 26th high should have a vix under 22.99 if not lower,best case adding to short term OB conditions.