Search results

Tuesday up waves were overlapping so it could not be wave two and four of the same degree. The chart shows one possible count. Today will be Infrawave 4)c.3:5iii.iii:iii which may be the longest wave in Subminuette Wave 4)c.3:5iii. A > -300, -30, -60 points day is possible again :eek:, but not...

"sHs" pattern confirmed, wait for a melt down.:cool: Status: Long "Short position" and short "Long position". Scenario 1. Crude oil $99, USD/JPY 108.23, EUR/USE 1.4814. Futures -131, -18.40, -25.25 :eek: Strategy 1. Close short "Long position" at open. Keep short position.

Long position stop out and re-entered. Keep short position for a while.

"W" pattern buy signal. Open long position, set stop at the last low. Set target at Wednesday high but ready to sell whenever there is a lower low. Keep short position for a while.

New low now. It can be Subminuette Wave 4)c.3:5v or Microwave 4)c.3:5iii.iii. If today down wave is longer than Monday down wave it should be the latter, that is Microwave 4)c.3:5iii.iii or the Subminuette Wave 4)c.3:5iii extension.

Mup, It can be a triangle or wave ii of a lesser degree. Sometime it is better to use line chart than bar chart, especially for the Dow which has large daily range. For that particular wave, I think it is Minuette Wave 4)c.3:4, so it has nothing to do with Minuette Wave 4)c.1:5. In line chart...

Scenario 1. Subminuette Wave 4)c.3:5iv or Microwave 4)c.3:5iii.ii has ended. The Market should fall to new low. Strategy 1. Keep short position. Prepare to reverse position after the new low when there is higher high. Scenario 2. If Friday close was surpassed we have to admit that Minute...

Because Subminuette Wave 4)c.3:5iii is shorter than Subminuette Wave 4)c.3:5i we may suspect that Subminuette Wave 4)c.3:5iii may extend and Monday wave is Microwave 4)c.3:5iii.i as shown in the chart below.

(New wave degree count) Scenario 1. The Market is going to rebound as Subminuette Wave 4)c.3:5iv, then fall in Subminuette Wave 4)c.3:5v. Strategy 1. Keep short position. Prepare to reverse position at the end of Subminuette Wave v.

If Minor wave 4)c will end near the end of Minor wave 4)a we may have to raise the count one degree as shown in the chart. Minuette wave 4)c.3:5 is ending and the second right shoulder will form as Minute wave 4)c.4 before the beginning of Minute wave 4)c.5. The previous counts is for the...

The Dow's sHs neckline was broken. The down move should accelerate now or else a descending wedge will form.

S&P passed the sHs neckline. Wait for the Dow and NASDAQ.

~100, 10, 30 points to sHs neckline. Hold short position.

The right shoulder is formed. Wait for the breaking of the neckline to confirm Microwave 4)c.1:3v.iii.

Status. Hold long "Short position". Scenario 1. Microwave 4)c.1:3v.iii falls below "sHs" neckline = 12975, 1438, 2583. This should be a decisive movement. Strategy 1. Keep short position. Scenario 2. Microwave 5)1.3:1i.ii ends above "sHs" neckline = 12975.1104, 1448.51, 2583. Strategy...

Rob, I think you should read this one more time; . "Wave Equality . It is one of the tenets of the Wave principle that two of the impulse waves in a five-wave sequence will tend toward equality in time and magnitude. This is generally true of the two non-extended waves...

It's a Bear Trap.

Another Sell Signal. A measured move will take the Market down to "sHs" neckline = 12975.1104, 1439.1801, 2583, Monday low.

Market psychology has changed in the last two days. Before that speculators saw the Market as overbought and shorted in the morning then cover short into the close. Now people are bargain hunting in the morning thinking the Market is oversold and sell into the close when the Market does not...

Yes Mup.:) Seems like a decisive move downward now!:eek: