Search results

Market News Stocks poised to surge on bank plan Mar 23: 7:02a Initial market reaction to bad asset purchases appears bullish. http://money.cnn.com/2009/03/23/markets/stockswatch/index.htm We should consider BUY Signals when futures are UP at the completion of wave two count :) . There...

Long Term Charts. Supercycle Wave IV) is a Flat in SPX, an Irregular Correction in the DOW and a Triangle in NASDAQ. The big "M" pattern in SPX is confirmed and has some more room to go DOWN. Wave IV) might have ended at Grand Supercycle Wave II] (21-years triangle) measured move before the...

Landis Thank you :) . mu. Mup Get some rest. Monday you'll be OK :D . mu. Wave v failure count showed supports at 23.6% and 61.8% retracement and resistance at 38.2% retracement. Irregular correction count showed support at 38.2% retracement and resistances at 50% and 61.8% retracement...

Interesting fibonaci ratios: Wave :1, :3, :5 and :b ended at 100%, 138.2%, 161.8% and 200% respectively :) . Wave :2, :4 and :c corrected about 23.6% of their respective UP move :D . Would there be another measured move as Wave .3 :confused: ?

Wave 5)4 count is still OK, because SPX cannot pass the resistance trendline and level.

Five waves DOWN :) . May be Wave 5)5.1:1i.v :D . Or Wave 1.2:cv :confused: . Wednesday's Buy Signal turns out to be a Bear Trap as expected :eek: .

Looks like an a-b-c today. Now in fifth wave of c. If the lower red line is broken then DOWN as Wave 5)5 :) . If the upper red line is broken then UP as Wave v of something :confused: .

There is no Sell Signal on Wednesday , because Fed has done some magic :eek: . Becasue of the wave lengths we have to count Wave 5)4.c as an ED :confused: . Or else it should be count as 1-2-i-ii-.i-.ii-.iii-.iv of the New Bull Market :D .

Wednesday's high touches Wave 5)1 low :eek: . There is no more room to go UP unless this is a new Bull Market :) , because as Mup said, wave four should not invade wave one territory.

Fifth subwave of fifth subwave of fifth wave :) .

When something does not go as our foreguess we have to re-count :mad: . The supposed Wave 5)4.c:1's size is too small anyway, may be it is part of Wave 5)4.b :confused: . New Wave 5)4.c:4 invades new Wave 5)4.c:1, which Mup doesn't like :eek: . New Wave 5)4.c:5 should end below measured move...

There are rebounds from all fibonaci ratios :) .

The Market is stronger than expected :mad: . The second red line turns out to be a Bear Trap :eek: . The first red line should be marked as the stop loss level :( .

Still looks impulsive DOWNWARDS :) . Wave i.i-.ii-.iii-.iv-.v-ii-.á-.â . Next may be Wave ii.ã then iii.i-.ii-.iii-.iv-.v :confused: .

So the last 110, 15, 8 points turned out to be a Bull Calf Trap :cool: . The Shooting Star may signify the end of Wave 5)4 :) . Below the end of Wave 5)3 may be a Bear Trap again :D .

So the Market tops at 774.53 SPX, nearest to Landis' 775 :cool: :D . The DOWN move looks impulsive :eek: . Two red lines are crossed. The first Sell Signal is profitable now :) . If the third red line is crossed then "Good Night Irene" :confused: .

All target reached :) . Fifth wave at target :D . Will it extend :confused: ? Note: Check the three red lines for Sell Signals :eek: . Symbol Last Change % Change High Low Volume Time DJIA 7,362.64 +138.66 1.92 7,382.64 7,225.33 331,539,562 1:26 PM...

One or two more measured moves will send us to Mu's 773, Landis' 775, Illum's 777 or Mup's 780 targets :) . The three red lines will be the triggers for Sell Signals :D . Note two pairs of fractal patterns. Wave 5.4 has no fibonaci relationship with Wave 5)3.5.

Next new high, about 110, 15, 8 points from today's high, if there is any, may be a Bull Trap :eek: . The three red lines may be the triggers for Sell Signal :) .

Fifth wave of c :) . Ready to roll UP :D , for the last MM :eek: .