Recent content by wavelink

http://i20.photobucket.com/albums/b235/chicagodaytrader/NDX15min03-21-07.png

for those fellas backtesting or running automated strategies (on any platforms as a matter of fact) I would like to see how my strategy compares to others-just for personal reasons to see how much more i can improve it. If you could run yours on a period of one month or any you'd like (i know...

should bottom out next week at 33

It looks like TXI is tracking along with other indecies. Right now I think we can expect wave 5 or one more or last advance.

Wave 3 under way

Watch for wave 5 to complete a Zig-Zag correction. Go long if 2443.52 is broken.

Yes, it very possible that was an EXPANDED FLAT with wave C down with wave 5 to come and end late December. It's important to watch the next leg up to see if it's a corrective wave with wave 3 down to come, or if it's wave 1 of 5.

Looking 4 months ahead I was expecting the top in October. With new data from the last 4months available, the top is just around the corner. http://i20.photobucket.com/albums/b235/chicagodaytrader/SP500EW.png http://www.elitetrader.com/vb/showthread.php?s=&threadid=70338

Then 11/22 was the top

Another divergence between HangSeng and Nikkei. The future is very gloomy for those that choose to ignore the warning signs.

The top is very near

There is one more leg up left. Watch for 1394 or 1400 for a pullback but no lower than 1388, and a trip to 1422 - green line. the next important date to watch is 12/4. 2c.