3/30/17 - EOD Update

The SPX reclaimed the 20 day SMA and the MACD is looking to turn up. This could be signaling the end of wave (iv) green. We'll see.

SPX - Daily

3/27/17 - EOD Update

It's possible the SPX completed wave iv today. Seeing some positive divergence on the hourly. Long on a trade for at least a bounce at the 50 day here.

SPX - Daily

 TSLA still has a pair of bearish options and one bullish option.

TSLA - 60 Min 

3/20/17 - EOD Update

Still a little early, but wave (iv) is starting to look like a triangle. 

Daily - SPX

Daily - SPX Close up

TSLA looks like it is working on it's wave iv. The green line below at 255 is the invalidation point. 

TSLA - 60 Min 

My previous BAC count has been adjusted with the completion of wave (3). The assumption is that wave (4) is underway.

BAC - Daily

3/15/17 - EOD Update

No change on the SPX other than the possibility that wave (iv) is complete. As mentioned yesterday, price has retraced enough but we will have to see if new highs can be made. Otherwise, leave room for more time for wave (iv).

SPX - Daily

BAC may be working on completing wave (3). If wave iv of (3) is complete, I am projecting wave v near 26.6x. That would make wave v *.618 wave i.  

BAC - 60 Min 

Daily shows negative divergence so leave room for the completion of wave (3). A break below 24.00 would confirm that (3) is complete and (4) is underway.

BAC - Daily