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Derivative_analysis

Looking For Bottom of Minor Wave 2 Before High Ride; SPXWe could still see a drop for 3 more days before blasting off toward 2900. We are just starting minuette wave 3 with two more waves to go. Expect lower markets today below 2800. A bump above 2800 but most likely below 2808 late today or early tomorrow and our bottom will most likely occur early Monday morning. We should find the ultimate bottom below 2780-2790. I anticipate a lower open on Monday morning with a rise throughout the day. We could be viewing the final threats of the trade war, before some sort of positive deal is reached early next week. This could be very interesting. Bring on the end of the bull market!
SP:SPXShort
by StockSignaler
1
Markets Set To Fall For Remainder Of Month; S&P 500 DropI was slightly premature in my previous analysis. My data was lacking and I took a leap. The data is finally in and the drop will occur as projected. We will watch the market drop for the rest of the month before it flies high into the fall. The pink box with the black outline is the projected bottom for the coming drop. My more realistic zone is above the trend line (purple background with thick red border). The projection box has the bottom between July 27 and July 31. The bottom should occur below 2797.42 and above 2764.90. My zone to watch has the bottom no lower than 2781 if the trendline acts as support. Possible flirtation and a quick drop below this support is always possible. Look to a drop in this area as a great buying opportunity. EXTERNAL FACTORS The external factors which may lead to this drop could be weaker than expected outlooks during the next week of earnings season. Lack of trade negotiations between the United States, its allies and China could also lead to the quick drop. After this drop, I expect the market to gain 9-11% through October 2018. This could be due to trade deals finally panning out. Stay tuned for more projections. I am preparing for the major market drop that is coming. I will have more projections and articles out detailing the specifics and the stocks that forecast market tops before they occur. I have a great one that has been accurate since 1987!
SP:SPXShort
by StockSignaler
8
S&P 500 Set To Pull Back For Remainder of WeekThe S&P 500 is set to drop over the next 3 days. Based on Elliott Wave Theory application. Based on my calculations, the index should bottom out around 2767.51 during the middle of the day on Friday July 20, 2018. This is a quick and slight pull back. We are in the final stages of the 9 year bull market and playing every dip will certainly pay off. I expect the index to rise mightily through September before the last minor pullback occurs. After November we could be in for the massive correction and bear market forecasters have huffed and puffed about for years.
SP:SPXLong
by StockSignaler
Western Digital (WDC) Set To Rise When Market FallsI have been forecasting a market top around October-December 2018 for quite a few months. Most stocks I have looked at are also pointing to a top around that timeframe. This one stock does not appear to fall with the rest of the market based on trend and derivative analysis as well as Elliott Wave Theory. My analysis is pointing to a top between 140.54 - 174.62 between March 6, 2019 and October 7, 2019. I am leaning to beginning of July 2019 around 150.94.
NASDAQ:WDCLong
by StockSignaler
1
Foot Locker Set To Take Large Strides Over Next 3-4 MonthsFoot Locker is setting up to fly high over the next 3-4 months before reaching its next top. This top coincides with my projected market top during the October/November timeframe this year. Based on comparative trend analysis and derivative analytics, Foot Locker should reach its next top between August 9 and November 20 of 2018. The top should occur between 62.12 and 68.84. The minimum move to 62.12 from today's close of 51.92 would generate 19.64%. I am expecting the top to occur in early to mid October around 64.41. Unlike some of the other stocks I am following, The 2019 pullback for Foot Locker should not be as drastic as the rest of the market.
NYSE:FLLong
by StockSignaler