4xForecaster

4xForecaster

Traders, In our last technical commentary, we discussed about a completion of a Bullish Wolfe Wave acting as a springboard to a potential rally (see discussions and additioanl charts here: ). What was confounding to this potential rally was the absence of two discreet, but technically crucial events: 1 - Internal Elliott Wave count that demanded a 5th wave...

4xForecaster

Friends, My original analysis from 22 JAN (see "Related Ideas" link below) called for a top-reversal at 10,037 and a decline to the 7568 level - Since it hit that level dead-on, price rolled, but recovered a larger part of that decline - Question is: Will we ever return to any bearish level again, now that central banks are publicly in the business of purchasing...

4xForecaster

Friends, WOLFE WAVES SIGNALED A PENDING FALL IN PRICE: As you may recall, the Wolfe Waves pattern ("WW") posted this past week successfully signaled the tumbling that ensued. At the time, we set out two targets at 1987.00 and 1984.75. In fact, as price plummeted over two US trading days, it neared the targets at such a momentum, that it was pretty much a sure...

4xForecaster

Traders, Being in the business of predictive analysis and forecasting, the most common question I ever get is: - Is it done rising? Is it turning aroundyet? Is it coming back to ... ? My inner answer is pretty simple: "At what point in your trading plan did you build such a contingency plan that would preclude you from having to ask the question?" In...

4xForecaster

Friends, In continuation to yesterday signal of an imminent decline in the e-Mini S&P500, we are now witness to that plummeting fall, and today, we get to possibly witness ES Tumbles-Part Deux. The technical background that predicated the plummeting fall yesterday was provided by a Wolfe Waves pattern ("WW") whose features called for an abandonment of any...

4xForecaster

Traders, On a pure technical basis, we have already demonstrated yesterday how #ES / $SPX was setting up for a fall, and falling it did, indeed - That was based on a 5-prime positioning, the most commonly level of aggressive counter-trend event. Here, the $XAU is giving us a mirrored situation, except that the technicals are coming into alignment to see price...

4xForecaster

Friends, As we have demonstrated over the past 1-2 days, the e-Mini S&P500 was capable to submit itself to predictive analyses and forecasting at a higher timeframe (H4) than the lower ones (M1, M5, M15) - See recent analyses/forecasts on TradingView.com's e-Mini Room here: www.tradingview.com as well as recent forecast/analysis and technical commentaries in...

4xForecaster

Traders, So, there it is. Target got hit on both counts per forecast, at: 1 - TG-1 = 490.03 - 01 SEP 2014 and 2 - TG-Hi = 495.17 - 01 SEP 2014. (See prior analysis and forecast here: ) As per definition, the qualitative target (i.e.: TG-Hi and TG-Lo) defines an area of low-probability of getting hit due to the strain necessary to hiss price to those...

4xForecaster

Traders, As a quick follow up to recent $XAG predictive analysis forecasting, Silver/US Dollar is coming to a significant level of potential retracement at 19.048. Price has already moved per forecast, hitting a bullish target @ 19.754 and rolling on forecast of a shallow retracement. This decline is probably coming to a stop, at a more precise 19.048,...

4xForecaster

Traders, Watch for possible decline to 1992 and subsequent 0.618-Fib recovery to structural resistance at 2003.75. David Alcindor Predictive Analysis & Forecasting Denver, Colorado - USA

4xForecaster

Friends, Recently, we entertained a lot of conversation on market geometries, more specifically in discreet geometries that easily come to the eyes, and others a bit more buried in the occults. Of late, we spent some time reviewing Wolfe Waves patterns, which offer the pattern trader that "next level" of market geometry complexity, given a set of rules that are...

4xForecaster

Friends, Feel free to look into these refined rules I have laid down on T.S. Hennessy's Alternate Elliott Wave count. This is something I have spent some time to refine, and in the process, came up with a wave counting process that will simply the wave count quite dramatically - This process is called "Wave Reduction" whose rules can be found in the...

4xForecaster

Friends, WHAT MY ANALYSES IS AND IS NOT: Before I gladly answer a request for a medium-term and short term predictive analysis and forecasting for this $AUDNZD pair, I would like to caution the trader by saying two things about the purpose and manner in which I render the predictive and forecasting values. First: My predictive analyses and forecasts are...

4xForecaster

Traders, Having spent a significant amount of time recently demonstrating T.S. Hennessy's new and alternate Elliott Wave count, I also demonstrate the application of several techniques I offered to further simplify the counts. First, as you may recall, we discussed having to pre-define ahead of the current price action a level at which price would likely...

4xForecaster

Traders, I am merely cutting & pasting a discussion I posted on the Predictive Analysis/Forecasting Room (www.tradingview.com). As a student of the market, I have to preface here that I have my own methodology, and that I have relied on my own model to define particular R/S and reversal levels. However, what I am putting forth here is a simpler way to define a...

4xForecaster

TBA

4xForecaster

Traders, A lot of my work consists of thinking out worse case scenarios. I pretty much look for rocks, count them, and then order the tests that overturns all the rocks. I simply act as the eternal pessimist, and let the facts prove me wrong. This way, there is already a contingency plan for the worse case scenario, and if all is well, I remain pleasantly...

4xForecaster

Friends, On August 22nd, I started to post a few charts on the "Predictive Analysis & Forecasting Room" within Tradingview.com, to share some of the patterns and trading opportunities I follow across Forex pairs, metals and indices - Here is a link that reviews recent entries: www.tradingview.com . In essence, $CADCHF started out to produce bearish signals on...