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#1 jmicou

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Posted 25 May 2016 - 09:55 AM

Although I do not pay for subscriptions, I do follow StockReversals.com on Twitter: https://stockreversals.com/

Unlike most of the subscription services promoting for subscribers, they seem to be on the right side as of late, at least. See tweet below:

https://twitter.com/...476067394166784

Does anyone know much about them? Their EW count is bullish.

As a note, I do not tweet and have blocked all followers anyway. I sell nothing nor offer advice. I simply trade.

#2 tsharp

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Posted 25 May 2016 - 10:13 AM

I don't know anything about them, but I have a similar bullish count... from a couple days ago:

 

Chart link: http://postimg.org/image/q4he8fsk9/

 

SPX_60_5_24_16_2.jpg



#3 jmicou

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Posted 25 May 2016 - 11:55 AM

tsharp,

Thanks.

A fairly long video by Todd Gordon below, but easy to scroll through for points of interest. Similar count to yours, yet showing potential 2 might still be in progress. He is showing P3 as not completed with a target in the 2600 range, then down for P4; however, as he suggests in the video, long term counts are not something he focuses on. Instead, shorter term counts for forecasting and trading. He seems willingly to change counts as the market unfolds.

https://m.youtube.co...e&v=eEsKbyzjwUs

#4 gannman

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Posted 25 May 2016 - 01:15 PM

you are really bullish tsharp interesting i was saying this wave is wave v and the bull ends when we finish this rally we will see look at the transports


feeling mellow with the yellow metal


#5 tsharp

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Posted 25 May 2016 - 03:09 PM

you are really bullish tsharp interesting i was saying this wave is wave v and the bull ends when we finish this rally we will see look at the transports

 

gannman,

 

Yes, IT bullish, but not permabull, I see this all breaking down by the end of 2017, but in the interim, I can see the SPX moving upward to the 2500-2900 range in 2016, a sharp wave-iv pullback, then ultimately topping out in 2017 near the 3600 range.

 

SPX Weekly Count link: http://postimg.org/image/srt2dkhg9/

 

SPX_W_5_25_16.jpg



#6 jmicou

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Posted 25 May 2016 - 07:59 PM

Yen in play, so could be ST risk-on head wind....