SPX up as expected, just stronger than expected though. This does not change the structure in any way as it is not impulsive but rather a-b-c (a) ( © on the daily bars, which points to a wave Y top today (16 TD top).
#1
Posted 05 September 2019 - 08:26 AM
#2
Posted 05 September 2019 - 12:18 PM
Today could go as high as 2971, so max downside I would think would be 2778 whether cash or futures.
2985 was it. But pretty close. Probably tomorrow after NFP could be good short. IMHO, and I am often wrong.
#3
Posted 05 September 2019 - 04:44 PM
#4
Posted 06 September 2019 - 10:59 AM
Now looking for a low on Sept 11 near 2848. IF that occurs then another choppy rally into Oct 11 to just above 3000 should occur. That would put the 5/10 month ringing cycle low (20/40 week) out to Nov 1 and to near 2550.
Graph on my blog.
#5
Posted 06 September 2019 - 12:33 PM
Minimum downside now near 2867/68. If that holds Monday then I see a double top by Sep 28 near 3027 then down to near 2675 by October 18. Friday could hit into the 2880s
wrong
Thank you for your in-depth analysis, I'm for sure going to follow your advice!!!
#6
Posted 06 September 2019 - 12:39 PM
ROFL how true
No longer interested in debating with IGNORANT people.
#7
Posted 06 September 2019 - 12:44 PM
Minimum downside now near 2867/68. If that holds Monday then I see a double top by Sep 28 near 3027 then down to near 2675 by October 18. Friday could hit into the 2880s
wrong
Thank you for your in-depth analysis, I'm for sure going to follow your advice!!!
u get what u pay for.....
#8
Posted 06 September 2019 - 04:03 PM
#9
Posted 06 September 2019 - 05:24 PM
Dont blame you.
No longer interested in debating with IGNORANT people.
#10
Posted 06 September 2019 - 06:54 PM
I don't blame him either. Not many "Fearless Forecasters" here now and if you contribute you often just get insulted. I appreciate those who still post their projections, charts and analyses. I have learned from charts generously posted by others here and I have even adopted some of their chart settings into my own charts. Sometimes you get more than what you pay for....
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