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SP-1500 StockCharts.com model


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#1 LarryT

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Posted 12 December 2017 - 08:09 AM

Still on a solid buy signal since the short exit last August

 

 

 


Edited by LarryT, 12 December 2017 - 08:12 AM.

"If you are going to be dumb you gotta be tough"

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#2 OEXCHAOS

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    Mark S. Young

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Posted 12 December 2017 - 08:49 AM

Nice.


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#3 NAV

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Posted 13 December 2017 - 12:07 AM

Does the new high in S&P invalidate your wave 4 scenario ?


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#4 LarryT

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Posted 13 December 2017 - 07:24 AM

Does the new high in S&P invalidate your wave 4 scenario ?

Yes, it was just a micro wave iv. The 2.618 is at 2663 +/- 3 pts so possible we topped the advance off the August low at 2417 and the larger wave IV is just getting started.


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#5 NAV

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Posted 13 December 2017 - 08:23 AM

 

Does the new high in S&P invalidate your wave 4 scenario ?

Yes, it was just a micro wave iv. The 2.618 is at 2663 +/- 3 pts so possible we topped the advance off the August low at 2417 and the larger wave IV is just getting started.

 

 

Got it.


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