October 11th shows up in many cycles and can be watched for a turn. Continue reading
Weekend Outlook - 04Oct08
October 4th, 2008 6 Comments
Tags: A-B-C Correction · Elliott Wave Analysis · Roadmap · SP500
SP500 Index Roadmap
October 3rd, 2008 3 Comments
A dynamic chart (updated weekly) of the waves and cycles in the SP500 (SPX) that I’ve been watching for a number of years. Continue reading
Tags: Elliott Wave Analysis · Market Cycles · Roadmap · SP500
Weekend Outlook - 13Sep08
September 13th, 2008 4 Comments
Short term the market swing chart is not is great position. I continue to expect (or will not be surprised) by a move to SP500 Index (SPX) 1150. But the situation this fall looks much better. Using the Value Line Arithmetic Index (VLE) as the state of the total market we can see that price and time are in a favor. Continue reading
Tags: Elliott Wave Analysis · Market Outlook · Price Retrace · SP500 · VLE
RIMM Correction Complete?
September 11th, 2008 2 Comments
RIMM is in position to move higher after an A-B-C correction. Continue reading
Tags: A-B-C Correction · Elliott Wave Analysis · RIMM · Square of Range
Possible September Low?
September 9th, 2008 2 Comments
Another alternative to the October low scenario is a waterfall low here between now and early next week. September 11 is a bad mojo day and a harmonic vibration off that date seven years after 2001 is a real possibility. If this does occur then October 10th will be even more important Continue reading
Tags: Elliott Wave Analysis · Market Cycles · Roadmap
Weekend Update - 07Sep08
September 7th, 2008 2 Comments
It looks like the problems of FNM and FRE will be cleaned up next week. This should be good for the market but nothing is certain. Play the market the way it moves. Watch for a big rally into next Thursday/Friday/Monday and then a rollover. Continue reading
Tags: A-B-C Correction · Elliott Wave Analysis · Gann Angle Fan · Gann Emblem · Market Outlook · Roadmap · SP500
Destination SPX 1171?
September 5th, 2008 4 Comments
SP500 Index 1171 is a 50% retrace of the 2002-2007 range. A move to 1171 would be a fifth wave down from July 2007. The upside to this is that wave 2 and wave 4 overlapped which means the strength of the move down was not as strong as it could have been. Continue reading
Tags: Elliott Wave Analysis · SP500
NVIDIA (NVDA) With Five Waves Down
August 28th, 2008 No Comments
NVDA has made 5 waves down from the high and currently sits on the 1:1 ascending Gann angle. Continue reading
Tags: A-B-C Correction · Elliott Wave Analysis · NVDA · Square of Range
Possible A-B-C Correction Complete
August 26th, 2008 2 Comments
One bullish possibility is that an A-B-C Elliott Wave correction has completed after five waves up from the July low. At this point there is a setup for possible upside. Until a move up starts, my guesses are for weakness. Continue reading
Tags: A-B-C Correction · Accumulation Day · Distribution Day · Elliott Wave Analysis · Growth Stocks · Nasdaq Charts
Weekend Outlook - 16Aug08
August 16th, 2008 3 Comments
Discussion of why I believe the October low will be “the” low before a new five wave bull market. While the SP500 Index (SPX) e-wave charts do little to support this guess, the total market is in much better shape. Continue reading
Tags: A-B-C Correction · Dow Jones Industrial Average · Elliott Wave Analysis · Gann Angle Fan · Market Cycles · Market Outlook · SP500 · VLE · Volume
SPX Elliott Wave Guess
August 13th, 2008 6 Comments
The SP500 Index made five waves from the October high to the March low. My guess has been that we have been in an a-b-c correction the will eventually move down into October. The question now is how high do we go before starting back down again? Continue reading
Tags: A-B-C Correction · Elliott Wave Analysis · SP500
Weekend Outlook - 10Aug08
August 10th, 2008 No Comments
Price finally busted above the rally day six high with a strong outside day that finished at the high on Friday. Volume was off a little from Thursday but the weekly volume was well above average. Volume on the Nasdaq Composite (COMPQ) was about equal to Wednesday and Thursday’s volume. This is day 18 of the rally and the COMPQ looks very strong. Continue reading
Tags: A-B-C Correction · Elliott Wave Analysis · Gann Angle Fan · Market Outlook · Nasdaq Charts · Roadmap · SP500 · Volume
CSCO with A-B-C Retrace at 50% Price Level
August 6th, 2008 2 Comments
Looking at the Cisco Systems (CSCO) 2002-2007 range square, a definite time cycle pops out. The first peak in 2004 hit at the 25% of the time cycle. The 50% and 75% points of the time cycle also provided a low for at least a short time. Continue reading
Tags: A-B-C Correction · CSCO · Elliott Wave Analysis · Square of Range
Weekend Outlook - 19Jul08
July 19th, 2008 No Comments
Looking back to the 1987 crash as a low the SPX is in pretty good shape. Price followed the 1:2 line until 1997. Had price corrected here and then resumed the trend the SPX would be exact in the same place as it currently is. Continue reading
Tags: Biotech · Elliott Wave Analysis · Gann Angle Fan · GOOG · Growth Stocks · Market Outlook · MSFT · Nasdaq Charts · Sentiment · SP500 · VLE · Volume
Long Term Total Market Charts
July 17th, 2008 No Comments
The ValueLine Arithmetic Index (VLE) continues to look good in the long term. Price has not broken through the top of the first five wave set from 2002-2005. Continue reading
Tags: Elliott Wave Analysis · Gann Angle Fan · Market Outlook · VLE
Transports Acting Well
July 3rd, 2008 2 Comments
The Dow Jones Transportation Average (TRAN) is bouncing off the 1:1 descending and is currently in a bullish posture above the line. Continue reading
Tags: Elliott Wave Analysis · Gann Angle Fan · Square of Range · Transports
SPX Short Term Waves
June 25th, 2008 6 Comments
Wave cycles discussed for the SPX. Continue reading
Tags: A-B-C Correction · Elliott Wave Analysis · SP500