THE CHARTS POSTED IS SOMEWHAT CLEAR
i HAVE BEEN POSTING A CYCLE IT. LOW DUE WEEK OF 4/2 AS OF THIS POST IT IS 95 % ENDING NOW THE SUPPORT IS SP 2575 TODAY AND AT WORST IS 2522 I AM NOW MOVING LONG SPXL UDOW TQQQ IN PREMARKET MIN IS 2706 IF WE ARE UP IN WAVE C OF TRIANGLE IF WE BREAK TWO TARGET STILL 2522 ALT 2468 TO WHICH I WILL ADD ON A MARGIN BEST OF TRADES
If one looks at at the last I.T. decline dec 2015 to feb 2016 you will see the drop was 31.8 % in the value of the peak and if you look for a similar drop it is 1108 it is also the bottom of the BB bands on the weekly chart . if you look back to 2002 print low every drop on the weekly saw the bottom of the bands before the next major rally the price...
WAVE STRUCTURE IS CLEAR IN GOOG AT TODAY PRINT 980 I AM LONG FROM 985 . GOOG AS HAD TWO LEGS DOWN NOW FOR WAVE C AND BOTH ARE = A=C AND A CLEAN 5 WAVE HAS ENDED DOWN
WE HAVE an ABC rally in WTI as well as b bno cycles are peaking and a very sharp drop for 8 to 11 $ another neg for oil is my work on US $ BOTTOM
THE WAVE STRUCTURE IS ENDING THE CORRECTION NOW WAVE C DOWN IN SP 100 IS 5 WAVE DOWN FOR WAVE C of B down i see a 5 wave rally in wave C UP TO PEAK IN WAVE B WITHIN 11 TRADING DAYS AT 1277 TO 1281 . BEST OF TRADES
THE ABC DECLINE IN THE US $ SEEM TO BE CLEAR THE ONLY ALT WOULD BE A FINAL WASHOUT TO 87.60 AREA BUT FOR THE MOST PART I AM LONG AND HAVE BEEN SINCE 88.50 I SEE 107 PLUS AREA . AND I WOULD THINK THE US STOCK MARKET WILL HAVE SOME ISSUES AND MORE SO IN QQQ AND SOX INDEX SIMILAR PEAK IN APRIL 2000 TOP