02/02/16 SPX after Close
session low 1897.29, closed at 1903.03
- In case index moves below 1894.53, then the waveⓒ is terminated.
A hanging saga
1894.53 0.577 1947.20-1872.70 (0.557 = sqrt(3)/3 )
Edited by barbu, 02 February 2016 - 04:08 PM.
SPX week 02/01-02/05
Started by
barbu
, Jan 31 2016 06:08 PM
22 replies to this topic
#12
barbu
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Posted 02 February 2016 - 04:19 PM
Getting older, Gee!
1894.53 0.557 1947.20-1872.70 (0.557 = sqrt(3)/3 )
1894.53 0.707 1947.20-1872.70 (0.707 = sqrt(2)/2 )
#13
barbu
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Posted 03 February 2016 - 11:29 AM
02/03 In Session
02/02
- The critical support zone is 1865-1876 ( see chart 2 & chart 1 )
- session low 1872.23, Ongoing
- local wave series ⓐ ⓑ ⓒ concluded, morps into a structure not yet clear
- Question: in chart 3, is the blue color wave terminated? so far, not yet (detailed discussion see post #1 in this thread)
chart 1
chart 2: This is a High usage chart
chart 3: is the blue color wave terminated? – so far, not yet
Edited by barbu, 03 February 2016 - 11:35 AM.
#14
barbu
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Posted 03 February 2016 - 03:24 PM
02/03/16 In Session (2)
session ongoing, 35 minutes to Closing Bell
session high 1918.01, ( 1918.56 0.618 1947.20-1872.23 )
Edited by barbu, 03 February 2016 - 03:25 PM.
#15
pisces
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Posted 04 February 2016 - 06:59 AM
02/03/16 In Session (2)
session ongoing, 35 minutes to Closing Bell
session high 1918.01, ( 1918.56 0.618 1947.20-1872.23 )
Exellent Analysis !
#16
barbu
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Posted 04 February 2016 - 10:50 AM
Exellent Analysis !
pisces
Thank You
02/04/16 In Session
session high 1927.35 Ongoing
Well, the index moves faster than i can generate a illustration chart
- after opening, bull defended 1900.87 0.382 that was an important step toward the bullish movement afterwards.
- so basically, index moved a 1.00 (1898.50-1872.23) on top of 1900.52 = 1926.79
#17
barbu
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Posted 04 February 2016 - 01:48 PM
02/04/16 In Session (2)
At this writing, the wedge is on the edge of breaking down (last apex 1920.02)
Chart shows the ideal case critical supports, ( and 1903.81)
#18
SilentOne
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Posted 05 February 2016 - 11:21 AM
We are rolling into a very long bear market. Death by a thousand cuts ...
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#19
barbu
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Posted 05 February 2016 - 11:22 AM
02/05/16 In Session
02/04/16 In Session (2)
the wedge is on the edge of breaking down (last apex 1920.02)
The wedge did break down, but before taking an all-right cliff jumping, it duplicated itself and then takes a dive.
session low @ this writing 1885.17
possible supports:
1885.24-1884.03 (0.764 0.786)
1880.93
1875.84-1865.02 (critical for 1812.29, the low observed on 01/20)
Edited by barbu, 05 February 2016 - 11:30 AM.
#20
SilentOne
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Posted 05 February 2016 - 11:35 AM
Oh it will take time. Lots of time. But eventually it will become very clear.
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
