15 replies to this topic

[tsharp]

My take is that the b-wave is in work... I'm looking for it to complete up in the 2740-50 range, then wave-c:e:c:iv down next week to complete the corrective fractal that started in January of this year... watching.

 

[relax]

T sharp what is the estimated target of wave-c:e:c:iv, Thank you for your time

[tsharp]

T sharp what is the estimated target of wave-c:e:c:iv, Thank you for your time

 

It's on the chart... I'm looking for ~2700, basis the SPX sometime on or near 12.14.18... my forecast on 4.9.16 was for 2696.19

[tsharp]

Adjustments made to the fractal count, but essentially the same outcome, and my SAR went back to short at 2676 upon the Mueller announcement in the morning... 

 

That's twice in a week that an exogenous event - Huawei's CFO arrest on the heels of an announcement of progress in trade talks between China and the US, and the Mueller "bombshell" yesterday - that an exogenous event has negatively affected the US and even global markets...

 

The timing was calculated and with intent to hurt the Trump Administration... it's sad and telling that the deep state is more interested in regaining their power than caring about the good of their citizens!

 

 

[tsharp]

Those pesky b-waves... signal went back to long on the pullback after the 1:00 pm bar.  The next DTL on the momentum indicator line is causing this pause, I would imagine it breaks through upward during globex... still looking for a move to the 2740-50 range for wave-b:e:iv.

 

 

[tsharp]

Next resistance is up at the gray zone for the momentum indicator line or the middle channel DTL...