$SPX - Chart Update | #SPX #SP500 Upper channel, defined back on December 28th 2013, remains a dominant structure, right at channel interplay (see red arrow). Outlook remains neutral, based on bullish expectation of TG-1 = 1900.40 and TG-High = 1951.75. Cheers, David Alcindor | 4xQuad.com
$DJIA - Chart Update | #DJIA Inner boundaries of long-term channel have predominated over shorter channel interplay. Outlook remains neutral with bullish primary target, TG-1 = 17402, as a high-probability scenario. Look for shorter-term channel median as support over the next few weeks. David Alcindor | 4xQuad.com
$AAPL - Chart Update: Bearish Target Intact| #AAPL #NASDAQ Bearish strength remains a predominant directional feature, with new structure low defined over the past 20 hours. Original primary target, TG-1 = 515.57 remains intact, insight, in force. Cheers, David Alcindor | 4xQuad.com
$LTCBTC - Chart Update: Bearish | #LTCBTC #Bitcoin #Litecoin LTCBTC - Chart Update: Still Bearish Friends, LTCBTC remains bearish. Since our last comment, price has remained true to the momental line, shifting from the upside to its downside, without losing any validating point along the way - see chart. Our prop directional indicator remains bearish, so...
$AAPL - Bearish ... Eyeing 515.57 | #AAPL #NASDAQ Per friendly request: "AAPL?" Per 4xQuad courtesy: "$AAPL - Bearish ... Eyeing 515.57" Thank you for your friendly referral, seriously and for pointing your URL to TradingView.com for most comprehensive charting services. Cheers! David Alcindor | 4xQuad.com
$USDollar Chart: A Larger (BEARISH) Pattern Ahead? | #USDollar #USD #EURO #Gold Friends, We just released this chart and provided a short description of the successful forecast that called for a decline in the USDollar Index at a well-defined level. If you want to take the time, simply see original chart set-up here: on.fb.me as well as the final dead-on hit...
$BTCUSD Chart Update: Our Directional Bias Changed To ... Hell Friends! First, we would like to make a small announcement. Very simple: Bring your trading friends to TradingView.com, and join our efforts to strengthen this community of independent thinkers, experienced professionals and educational endeavor. From our nesting tree at 4xQuad.com, we decided to...
$USDollar - Target Hit Dead-On Hello friends! Three days ago, on January 07th, we introduced you to the Wolfe Waves pattern ("WW" in short), and used $CADJPY (see original chart setup here: on.fb.me) as well as the USDollar Index (see original set up here: on.fb.me) as potential candidates for an imminent, but calculated decline. - Here is the resulting...
BTCUSD - Chart Update: Neutral-to-Cowish? Friends, At 4xQuad, we used a layered approach to our predictive analysis, so that once all indicators hint (without necessarily pointing to) a directional bias, it gets our attention and move on the precautionary offensive, as far as taking up a trading position goes. Our predictive analyses are generated for the...
Hello traders, On January 07th, we introduced the Wolfe Waves pattern ("WW") as one few pattern 4xQuad considers worth trading (among other more traditional ones), simply because very few pattern have the ability to maintain a reliable forecast in terms of exacting the area of reversal or target. In the case of the WW, the 1-4 line is the target, and while...
$LTCBTC (#litecoin #bitcoin) - Chart Update Friends, On January 02nd, we built this chart first looking at a crunched and long-term perspective. What we are offering for your review are NOT channel lines, but what we, at 4xQuad, have defined as momental lines, which are much more potent, durable influences upon price over time. In this particular case, we...
$CADJPY (#CADJPY #CAD #JPY) - Chart Update Friends, Yesterday, we produced this chart and ventured a potential pathway based on the overall Wolfe Waves pattern ("WW") and specifically based on our experienced of high-probability reaction once price declines at the level where Point-1 was once defined. As of this candle, the last 10 candles have defined a...
$BTCUSD (#bitcoin) Chart Update: Friends, Of late, we produced a high-probability target defined at 1020, attributing this as a major potential resistance. However, we are upgrading our optimism by defining a TG-High target at 1137.02. That target was already posted sometimes last week, but at the time, we decided to concentrate of the nature of the decline...
WW Pattern - Releveance of Point-1: At this point, where price has reached the projected level of Point-1, one should expect a possible reactive rally, preferably back to the underbelly of the 2-4 Line. Now, whether this occurs of not is a matter of whatever the chart decides to do, but the experienced WW pattern trader would probably wait for this to occur, as...
Wolfe Pattern - Entry Op ... When? It's never too late to get into a Wolfe Waves pattern. In fact, the astute trader will WAIT for price to unwind and rally temporarily back to validate the underbelly of the pattern, right along the 2-4 line. Once this occurs, the probability of trend resumption towards the 1-4 line is pretty reliable. Cheers! - David...
4xQ'ers, In reference to what I just wrote on this complex pattern (see lesson here: on.fb.me), I decided to develop all points in my TradingView.com account, so that you can appreciate it on this platform as well as the one from MT4 (see link above). Cheers! David Alcindor | 4xQuad.com
LESSON - Wolfe Pattern In Progress: $CADJPY (#CADJPY #CAD #JPY #Forex) Link to original chart and technical analysis: on.fb.me 4xQ'ers, There are very few patterns we heed besides our own proprietary Great White, Janus and Euclid, ... and that of Mr. Wolfe's own, called Wolfe Waves Pattern (or "Wolfe Pattern" in short). The Wolfe Pattern has very well...
BTCUSD - Chart Updates; Significant Overhead Resistance Yesterday, I explained a TradingView.com trader that 4xQuad defines "Dead-On Hit" as either the candle hitting its target at the tip-end of its wick, or closing the candle and opening a new one right at the target level. In fact, this explanation was provided with a live example - Here is the link to the...