BUY signals in all three indices :) .
Page 800 :D .
Is there any limit to the size of a thread :confused: ?
Our thread is full of charts which use a lot of memory :eek: .
Edit:
Reverse Head and Shoulders pattern confirmed in SPX and NASDAQ :) . The Dow may follow soon :D .
From here the Market can go UP as 4)c or DOWN as 3)5.
Look for r-sHs confirmation as BUY signal :) and
supporting trendline break, down as SELL signal :( .
Sometimes the Market doesn't give a hint :D .
The rebound becomes too big for the subwave counts.
The last one will be Wave 3)5.4 which should end between 8571, 882, 1527 and 8922, 917, 1596 :confused: .
If not, this rebound will be Wave 4) :) .
840 - 850 is a major resistance area.
Distribution v.s. Accumulation :confused: .
Fifth subwave of fifth wave might have just ended :eek: .
If not, it is good for the Bulls :) .
Five waves DOWN from the target is not a good omen for the Bulls :eek: .
Symbol Last Change % Change High Low Volume Time
DJIA 8,118.18 +71.76 0.89 8,211.53 8,048.09 56,413,368 9:45 AM
NASDAQ 1,400.57 +16.22 1.17 1,414.43...
The Bulls' count.
Wave 3) might have ended at yesterday Bear Trap, 7449, 741, 1295 :).
The Market is heading to 9653, 1007, 1785 :D .
Note.
Why does the chart not stick?
The first BUY and SELL Signals were false signals :( .
The second and third BUY Signals are profitable :) .
The Market may go onward to 8187, 820, 1414 as expected :D .
Chose the wrong and too conservative MM :( .
Another MM may send the Market down another -400, -40, -80 points :eek: .
But the Market may rebount to yesterday high first :D .
8187, 820, 1414.
Try to make a case for the Bulls :) .
Wave 3) had ended at the Maximun Drop = -490, -59, -71 :eek:
Now we are heading to where Wave 3)5 started :D .
Symbol Last Change % Change High Low Volume Time
DJIA 7,552.29 -444.99 -5.89 8,187.40 7,506.97...
A less bearish count allows Wave 3)5 to be equal to Wave 3)1, about 2000, 200, 400 points long.
Wave 3) may end anytime from here to -400, -40, -80 points, then a 2 months rally back to where Wave 3)5 started :) .
No news to support this count :mad: .