trip.trading

trip.trading

Should we sell (c), the 2170-2200 area for targets (d) @ 2100/2080/2050? So I was puzzling the weekly chart and suddenly it hit me that waves 5 up often show a triangle, diamond or wedge pattern…overlapping waves and anything but a nice and clean, non overlapping 5 wave up structure. As an example, I will refer to the following time period: during OCT 15 – MAY...

trip.trading

I try to be as neutral as I can, but this seems a lot like a short term High in progress, and close to finishing wave 5 up or B up. The corrective wave APR 20-MAY 19 has to be either wave 4, wave II or wave II-a. In every scenario, the count should lead to an abc pattern down next, wave II, targets @ 2010 (purple and blue) or 2080 (orange). Is it this easy?...

trip.trading

At the start of this week I was expecting a Low for the time period MAY 24-27, and in specific for Wednesday MAY 25 (a 35 day cycle and a Bradley Model Date 100/100 LT). That did not play out as expected. Instead, it seems like the S&P500 is forming a High for the time window @ MAY 25. And although it wasn’t a perfect ride since the High of APR 20, the month of...

trip.trading

Swing Alert @ Short SuperTrend @ Sell the Rips < 2085 Elliot Wave Pattern: ii-c down into end of MAY Cycles: MAY 25!!! MAY 25 = Bradley Model Date and 35 calendar days since the High APR 20. I will sell the rips into end of MAY to finish wave ii-c down. Targets @ 2020, 2010, 1996 , 1970-60, 1930.

trip.trading

DEC 2 + 70 = FEB 10 + 70 = APR 20 APR 20 + 21 = MAY 11 APR 20 + 35 = MAY 25 APR 20 + 70 = JUN 28 Short Term Cycle Windows @ May 2-4, 9-13, 16-18 and major cycle window @ MAY 25-26 . Bradley Model Date MAY 25 (100/100 LT) So I would say: Sell the Rips < High of APR 18 into end of MAY

trip.trading

Swing Alert S&P500 @ LONG > 2050. SuperTrend indicator is @ BUY the DIPS as long as the cash index > 2045. Key Support to stay in an uptrend @ 2060, 2040. There should be heavy resistance in the 2080-2100-2115-2135 area from previous highs and red trendline. In my view, to overcome strong resistance, you need a Higher Low first. So a corrective wave to lure in...

trip.trading

Hi all, Earnings season will start this week and it's OPEX, so it should be another interesting week! Some things to keep in mind: Swing Alert and SuperTrend - The only thing that matters is the TREND. And for the short term, since the 63 day cycle APR 4, the S&P500 sets Lower Highs and Lower Lows. Furthermore, the Swing Alert S&P500 changed to a short signal...

trip.trading

Hi all, Earnings season will start this week and it's OPEX, so it should be another interesting week! Some things to keep in mind: Swing Alert and SuperTrend - The only thing that matters is the TREND. And for the short term, since the 63 day cycle APR 4, the S&P500 sets Lower Highs and Lower Lows. Furthermore, the Swing Alert S&P500 changed to a short signal...

trip.trading

2050 till Friday is still possible Next week it's TIME for the bears again The cycle of 5 trading days x 5=25 or 5 weeks x 7 calendar days=35 Important cycles: 21,35,63,91,119 calendar days

trip.trading

I want to see a Higher Low this week, to form wave 2 down of the final wave V up. If the Low of JAN 21 @ 1810 breaks to the downside, the CRASH will start earlier than expected, so use this level as stop loss for long positions. My view: short term downside expected 1830-70. Medium term: New Highs!

trip.trading

Seems to me the S&P500 has some catching up to do...risk is to the downside!

trip.trading

I expect a Low for wave IV in FEB/MAR after which one more push up should finish the pattern.

trip.trading

Very important short term support from the trendlines @ 1830 & 1770 area. If that breaks at the close of the candle (=month) that would signal further downside pressure to 1650 (green support). Based on Time and Pattern Analysis, I expect the S&P500 to reach new Highs end of 2016 after which Time is running out, the financial system as we know it will implode and...

trip.trading Updated 

S&P500 - Next cycle of 35 days to start and repeat the pattern of AUG 24-SEP 28

trip.trading

Short < High of FEB 1 @ 1947. Risk: 30 Reward : >100 Resistance @ 1915, 1928, 1946. Support @ 1870, 1850, 1830, 1812.

trip.trading

ELLIOT WAVE Current Labeling: corrective wave 4 up. I have two scenarios for wave 4, orange and white. ORANGE SCENARIO - This scenario assumes wave 4a and 4b are finished, and 4c is close to finishing. WHITE SCENARIO - This scenario assumes that the move from 1810-1940 is wave 4a up and close to finishing. Next, wave 4b should set a Higher Low, so > 1810,...

trip.trading

I’m leaning towards one more push up to the 1950-80 area to finish wave 4. This is based on the assumption that if wave 4c = 4a = +96 it will lead to a target for 4c of 1872+96 = 1968. During September 2015, the S&P500 formed a similar wave 4 pattern and at that time, wave c (+117) was smaller than wave a (+126), i.e. c was 90% of a. If this is repeated, then the...

trip.trading

I’m leaning towards one more push up to the 1950-80 area to finish wave 4. This is based on the assumption that if wave 4c = 4a = +96 it will lead to a target for 4c of 1872+96 = 1968. During September 2015, the S&P500 formed a similar wave 4 pattern and at that time, wave c (+117) was smaller than wave a (+126), i.e. c was 90% of a. If this is repeated, then the...