Wednesday, February 12, 2020

2/12/2020 - EOD Update

Still not much to add other than tracking the end of wave (iii) and iii.

SPX - Daily


Look at the weekly chart. That trend still looks solid and if the SPX is aiming for the upper end of the channel, that's around 3,600.

SPX-Weekly


Friday, December 20, 2019

12/20/19 - EOD Update

Not much to add since the last post. Primary count still in play. Just added a projection should wave (iii) extend 1.618x wave (i).

Daily

Wednesday, November 27, 2019

11/27/19 - EOD Update

Since my last post a month ago, I mentioned that the more bullish nested 1-2 i-ii option had the potential to play out with the market grinding higher and so far that seems to be the case. I made some slight adjustments to the alternative counts.

Primary until the market tells otherwise is that wave (iii) of 5 of (5) is playing out. The bearish alternate is a much larger expanded flat in the works playing out wave b before a leg c wave down to follow.

Happy Thanksgiving.

Daily

Saturday, October 26, 2019

10/26/19 - S&P Update , GOOG

Not much to update here other than the bullish potential setting up as the market continues to grind higher. Option 2 and/or the expanding triangle previously posted is not off the table but the bulls have certainly made a case for their potentially bullish nested i-ii (i)(ii) option I introduced on 8/6 and the ascending triangle pattern playing out.

S&P Daily
GOOG likes the triangle too.

GOOG Weekly