S&P 500 upwardUs500, can break the resistance level so the direction is upward
——-
Upward
Entry: 4545
Tp.: 4582 & 4650
Sl.: 4525
SP
ES - Daily / Structure Termination Points to Decline AheadThe ES remains constructive within the current Daily Indications, for now.
Subject to change as this Week will shape the beginning of IT 3/5 Lower.
Will it occur on a break of the Count or is there a complexity to 2C yet to
reveal itself. The same can be said of 3A Lower.
Price need to provide more information and this is the trouble with reversals
@ Price - the Ranges are simply extremely large - an error in Judgement can
be costly in the extreme.
_________________________________________________________________
Instability has been our Thesis since the November Highs for NQ, the ES took
its time grinding out the Follow-On Highs.
Since the ES made its ATHs and completed its own unique Distribution pattern
the process of tight correlation began with IT 1A Downtrend. It has stuck with
us ever since and has only been slightly divergent Intra-Day for mere moments.
In reaching its .618 for 2C the NQ failed to exceed it .500 by more than a handful
of Points. The Leader, leads and the ES has dragged the NQ around by its nose during
RTH - Globex has been the NQ time for sillyness.
___________________________________________________________________
I believe there are two possible outcomes this Week:
1. Given the complexity of 2C (much as 2B tossed everyone repeatedly) we can anticipate
much more of the same.
2. An ST trading Range between 4400 and 4591 will remain in trade for now with the
Full range continuing to Trade until it breaks rather violently.
____________________________________________________________________
Patience, an abundance is required early this week.
sp500 is in way to 5000 so looking for buy in deep above green arrow dont fear pick buy and hold 10 day to new high
we predict bul market in 2022 too so 90% looking for buy in deep then hold it to new high
if pinbar low break , next buylimit place is EMA200 daily (all sl under low or support)
if you have sell , 100% put sl on day high
if you have buy, dont fear ,main trend on daily chart is +++ ,just put hedge sellstop in pinbar low
good luck
ALT SP 500 WAVE STRUCTURE IS STILL VALID So I posted this about aweek ago and should be one of the two top bullish patterns I will know within 10 td
I NOW HAVE A PROJECT IN THE SP 500 4408/4384 The min downside target is 4400 area plus or minus 20 If we break 4380 I will be able to project a new target . But the last time we had a signal like this in the a/d line 11.8 % drop over 2 weeks and 20.2% over 7 weeks and 38% over 5.6 weeks
WAVE B TOP ?? ALT WAVE 1 UP OF 5 Based on a PCT wave a and C up are equal in the sp 4772 in the sp 500 And in QQQ at 403 area I do not feel the long side is valid Based on the charts of VT WORLD INDEX and IWM I will not be short as started . As the bullish alt also can be counted as a double ZIG ZAG down and the nysi reached near the target of a move 950 to 1100 . I will post ASAP if I SEE the best count .BEST OF TRADES . WAVETIMER
EUR/JPY | Bearish H&S | Structural Continuation- Bearish Bias |The EUR/JPY's recent rally appears to be coming to an end, with a wedge on the 4-hour chart beginning to give way to the downside. Wedge patterns that rise during a downturn indicate that investors are losing confidence and serve as corrective patterns. In order to position their stop sufficiently above the previous week's high of 13056, shorts should aim for the most recent swing-low of 12859 and the 200-day moving average, which is confluent at 12862. With a current price of a little more than 130.00, this could result in a significantly skewed risk/reward ratio for the investor in question. At support, traders may wish to take profits, or at the very least partial profits, and employ the trailing stop method if momentum appears to be pushing the market towards a new swing-low beneath support.
TOP ALT WAVE COUNT WE ARE ENDING a WAVE C UP TARGETS TO THE DOWNISDE still should be seen iIF ONLY THE SP DOES NOT get above 4652 I still see -700 to -1100 nysi summation index
TOP WAVE STRUCTURE 4781 in the sp 500 We just ended a wave 4 within the advance wave topped at perfect fib 4714 area and had a sharp drop we should now see a blowoff to pass 4714 to 4755 to 4781
S&P 500 index 4h ( downtrend)S&P500 index, will try to stable under the channel to prepare for bearish market.
——
Downtrend
Entry.: 4655
Tp.: 4600 & 4555
Sl.: 4695
Today high golden ratio target 4711.9 I f we at anytime exceed 4752 then the alt target would be 4917 plus or minus 3 .I AM 95 % NET SHORT IN MARCH 474 PUTS
LONG TERM TARGET HIT TODAY 4460 TO 4617 FOCUS 4607 I HAVE NOW MOVED TO A 100 % CASH .I am now moving to puts across the board we should now see ifthe rally was wave B UP or wave 1 of 5 within the blowoff. .I also took profits in my calls in FACEBOOK and warning all traders to take profits. BEST OF TRADES WAVETIMER
SPX has satisficed Elliott wave X of WXY, must end here !!!I do not see going up in a corrective wave from here on .
# 1 If X of WXY is a diagonal then this is the END
#2 if this is wave C of ABC Flat then this is the END
My JB 8OC signals on 6 hr S&P FuturesWe know for a fact that moving averages of closing prices are notoriously inaccurate. My variation on the moving average concept, which uses eight SMA close versus eight SMA open is, in my opinion, a better way to go. Here is the six-hour chart of S&P futures showing signal turns in the eight OC "relationship. No, it's not perfect by a long shot but it does have great potential and I've been using it for many years. Additionally what's required is a trigger that is more accurate as well as a target and a profit-maximizing procedure. Why six hours? I don't want to be up all night looking at a five-minute chart. The six hours chart is stable and gives me time to sleep! And six hours is a night of good sleep for an old man like me!
SPX S&P500 that was the dipAfter the S&P 500 broke the Uptrend, the price target for my group was the May top, which should turn into support:
So the price target was around 4220usd.
But there were lots of investors who bought the dip and didn`t waited for the obvious retracement after the broken uptrend, so SPX found support in May`s dip, 4280.
I expect a sideways movement before the S&P continues its rally.
Wave 4 low is still due oct 4 th to the 20th focus 0ct 18th targets have been 4088 for sometime but as my models and the MATH can now give the ALT target 4181/4161 .this would make wave 4 equal to wave 2 on a % basis and is also the 200 day avg . So I will maintain 100% cash till oct 16th friday at a min in time and at a min a target of 4182/4162 .
US Stocks Early-Mid October 2021 Trade Plan [SP500]Looking at US stock market it is clear that bulls trying to defend positions.
Gap near 4440 is next target and level to hold.
US stocks market might recover during next sessions up to 4380-ish.
If bulls are strong enough to hold, we might go up to 4440 - gap level, and if close above it I will look for adding more exposure to this market.
Stay tuned
Best regards
Artem Shevelev
TOP WAVE STRUCTURE If we dont NOT break the last low within 24 hrs Then I would look for the sp to then rally now into the target zone 4617/4676 before oct is over . As most traders who follow me over the last 40 some years . I almost never say maybe . But this window of time we are in is one of the highest risk time cycles since 1987 . based on my money velocity model
ALT SP 500 A PEAK AT 4371 PLUS OR MINUS 4 A WORD TO THE WISE .Today low can be seen as WAVE B and we are nearing the end of the bounce into 4371 area . I Still see oct 16 time as the final LOW
Target projection 4088 TO 4065 focus 4065 downside targets into the panic cycle of oct 4 to oct 20 focus date is oct 16 For world event . this target is the BULLISH CASE the alt need not be posted till oct 8 stay out in cash at 100 % i am only hold a small 5% of dec calls still long US $ AND BITCOIN but will take 80% of long bitcoin off above 49300. best of trades Wavetimer
SP500 Rally not over yet, but expect a DIP I think it is pretty clear that US stocks market going up without any correction for little while.
Expecting dip around late September and mid October.
Support your investing portfolio in this period so you can get good profits before 2022.
WAVE 4 LOW IS ENDING NOW WAVE 5 TO 4460 TO 4610 AUGThe 5spirals came in 6/-6/11 as the forecast and the min 0f 3.8 % pullback I was hoping to see 7.2 to 11.8 has now ended . we are just starting a blow off 5th into late JULY /AUG .I am working of the time spirals clusters
