Monday, January 22, 2018

EOD Update - 1/22/18

The Energizer market. The SPX has now passed through the mid-point of it's channel.

Will it continue to stair-step higher towards the upper end of the channel or finally wrap up wave 5 or (iii) green. If wave 5 (iii) ends around here, I would expect the market to trend sideways across the channel to complete wave (iv) green or iv blue just like (iv) of 3 green last March - June 2017.

Daily - SPX

Monday, January 8, 2018

1/8/2018 - EOD Update

Happy New Year. I don't really have much to add here.

The wave structure continues to climb within the rising channel.  Perhaps buy the wave 4 dips?

I'm still looking for the of either wave 5 (green) of iii (blue) or (iii) of 5 (green) of iii (blue).

SPX - Daily