StockSignaler

StockSignaler

With the likely conclusion of Minor waves (yellow numbers) 1 and 2, I am providing a short-term update. I have taken the final values from both of these waves to forecast the end of Minor wave 3. I originally had the entirety of Intermediate wave (pink numbers) 1 ending by April 6 around 4112, but that will now likely occur a little later. The centermost wave...

StockSignaler

The bottom was on track timewise from my last analysis, however, the bottom was not as low as projected. Intermediate wave C inside of Primary wave B ended higher than I would have liked but 86% retracement of an A wave in an overall corrective wave is not unusual. Here is the estimated path to the high. Analysis of historical data has Primary wave C lasting 34-67...

StockSignaler

This area of mixed support and resistance goes back to November 2022. This is my first area of resistance. Next area tops at 4053. Based on the moves from yesterday and today, the top would most likely occur today. Monday is no longer needed to move higher.

StockSignaler

I have been waiting over a month for the reversal to finally complete. We are clearly on the path, but still need a few more things to occur to confirm that we are still in Primary wave B, but that it is near completion. IF we are still in Primary B (blue letters), we are likely in Intermediate wave C (purple letters) and Minor wave 3 (yellow numbers) was possibly...

StockSignaler

Attempting to identify the end of Intermediate B has been waves of fun and plenty of misses. While there is no prescribed metrics on what the wave’s overall movement and duration should be, historical metrics have been quite reliable (most of the time). That has not been the case during this chase for Intermediate wave B. I have not given up and caved to the...

StockSignaler

Following up on last week. Analysis said the short-term top would be 4 days according to most models. Outside chance of 9 or 11 days too. We never convincingly went down yet. The current top would be B's 9th full trading day. This would mean the CPI report may not be positive for the market as applied to the last analysis. We still need a drop of some days. A...

StockSignaler

Testing for perceived location: SubMillennial wave: 1 Grand SuperCycle wave: 5 SuperCycle wave: 2 Cycle wave: B Primary wave: B Intermediate wave: B Location ID: 152BBB This is an update on the progress of Primary wave B. My last analysis ( ) projected Intermediate wave A (inside of Primary wave B) to bottom on December 22 which appears to be the case...

StockSignaler

Full analysis to follow with specific near-term levels. Prior Intermediate 5 did not move as expected so that likely puts us inside of Primary wave B heading down. Early estimates have us in Primary B Intermediate A Minor 3 Minute 2 This means wave 3 of 3 is next with the inflation report tomorrow morning. Early signs per this would have November inflation...

StockSignaler

Similar to last night, the market appears to have hit its cue for a more convincing bottom today. Using the 3918 bottom as the end of Intermediate wave 4 until proven otherwise, we will begin to look at the end of Intermediate wave 5 and Primary wave A inside of this Cycle B. Based on waves ending in 2BA5, the models agree the most that wave 5 could last 10 days,...

StockSignaler

We believe we have finished Intermediate wave 3 after an extended Minor 5 and are somewhere into Intermediate wave 4 which should bottom soon. The full wave identity is 152BA4. Based on waves ending in 2BA4. Intermediate 4 will likely last no more than 3 trading days which would end tomorrow. The quartile movement retracements are at 20.04%, 26.20%, and 32.36%. We...

StockSignaler Updated 

If we are in Cycle B, and if it began on October 13, then we are likely in Intermediate wave 2 right now. Intermediate wave 1 would have lasted 13 days and gained 420.21. Right now I have the market in Cycle wave B, Primary A, Intermediate 2, Minor C, Minute 3. A down day on Monday would likely confirm this position. Also, if we are in wave 3 there would likely...

StockSignaler

In addition to wave theory I have developed a line theory of sorts. I draw lines based on only two points to judge support, resistance, or potential trends. I personally do not call things a trend until 3 occurrences are observed so marking these lines based on two points are not a trend. I draw the following: Red lines = Beginning of wave 1 to top of wave 2...

StockSignaler

Monday will determine where we are. I have three theories for now. Most importantly I am not yet convinced the near-term bottom is in because other stocks that have followed the market pretty well have not finished their wave 5 bottoms which would have them notch lows lower than their wave 3 bottoms from June. The S&P 500 index ended its last long bull run with a...

StockSignaler

Intermediate did not move as expected which made me not only question Intermediate wave 5 but the two intermediates prior to it. This chart depicts my re-analysis and subwaves inside of Intermediate wave 3 and wave 4. Intermediate wave 2 appears to have been slower and longer than the newly marked Intermediate wave 4, which gives credence to the new layout meeting...

StockSignaler

The end is coming in focus. We have re-adjusted some key points and placed the next estimates on the chart. The biggest question was the placement of Minor 1 (yellow), once Minor 2 jumped. We are breaking down the future on the hourly chart to make it easier to follow along. We are in Minor wave 3, a day later than originally expected. The index dropped after the...

StockSignaler

This chart lays out the estimated Minor waves in Intermediate 5 as mentioned in my weekend analysis. These estimates place: The bottom of Minor 1 around 3601.23 today for a total wave 1 loss around 205.68; The top of Minor 2 around 3740.37 on October 12th for a gain around 139.77; The bottom of Minor 3 around 3474.12 on October 18th for a loss around 266.25; The...

StockSignaler

This chart contains the overall planned levels for the bottom. The details are below. Primary wave 5 levels are annotated on the left of the lines and Intermediate wave 5 levels on the right. The blue lines are based on the most specific wave position data and the yellows are slightly less specific. The other lines are common Fibonacci and algorithmic trading...

StockSignaler

Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on September 23, 2022 with a closing price of...