Color Scheme of the Charts to Differentiate the Various Wave Degrees is:
{ Supercycle / Cycle / Primary / Intermediate / Minor }
{By clicking on any chart, it will enlarge for ease of viewing. Commentary at the top of each chart is more easily read, also.}

Saturday, March 15, 2014

DJIA Heading South to Complete Supercycle Wave (IV)

The DJIA and S&P 500 appear to be walking in step with each other as both are heading south to complete an Impulse wave C of a Flat.  When this Flat completes, most likely around 15,200, it will mark the end of Supercycle (burgundy in left chart) wave (IV) and leave room for one final push to an all time high as Supercycle wave (V) up will likely provide.  That could put us about 4 to 6 months away from the all time high peak.

Friday, March 14, 2014

Tuesday, March 11, 2014

Nasdaq 100 Top Wave Count May Be the Beginning of Something BIG!

The Top Wave Count selected by Refined Elliott Trader (RET) has determined that Supercycle degree wave (y) has completed.  This marks the end of Grand Supercycle Wave B, a very major turning point in the market if RET has it right!

S & P 500 Near End of an Ending Diagonal


Nasdaq 100 Perhaps has Hit It's Major Peak

The Top Count for the chart on the right at the more micro level (hourly bars) is rated 277.  The pattern synchronizes beautifully with the 3rd Best Count in the chart at left.  Together, the Cycle zz wave c has all 5 of the waves it needs for a completed pattern.