6/19/17 - EOD Update

No change. Looks like the SPX is still trying to complete wave 3 green. The last projection target was aiming for 248xish. The close up of the SPX on the 2nd chart below shows another projection out of the smaller triangle that also projects to the same area, so let's see if this is where she is headed.

SPX - Daily

SPX - Daily - Close Up

TSLA also hit its target coming out of the combo corrective and still in that rising channel. TSLA appears to be consolidating in a potential triangle.

TSLA - 60 Min 

6/1/17 - EOD Update

TSLA and SPX broke out of their triangles and/or combo correctives.

Labels adjusted higher for wave 3 green on the SPX chart. The triangle projects to 248xish.

Haven't had much time lately to focus on the squiggles. I see a potential alternate count that would have this leg up completing wave iii blue. A break back down below the yellow triangle would bump that alternate option up.

SPX - Daily

TSLA - 60 Min 

5/24/17 - EOD Update

SPX and TSLA continue to triangulate. TSLA also looks like a combo corrective.

Daily MACD on SPX is just about to cross up so potential for a  break out sooner rather than later.  

SPX - Daily

TSLA - 60 Min

5/17/17 - EOD Update

Its been a while but the market finally made a move worthy of a quick look.

The SPX shows a potential flat in progress for wave (iv) green or wave 4 green in progress.

SPX - Daily

Bank of America appears to be working on a wave (4) as well, granted a H/S pattern developing could also be argued.

BAC - Daily