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.

Friday, March 7, 2014

S & P 500 Heading South for 1 Month


Nasdaq 100 Begins a Short Term Correction before Bulls Resume the Uptrend

Refined Elliott Trader software is back to picking the completed Cycle degree wave IV as its top wave count.  After a pullback early next week, the uptrend should resume.  This is dangerous territory for the bulls, as this market could turn and head south at any given point due the the fact that Cycle V has already hit its target.

Thursday, February 27, 2014

S & P 500 Nears Critical Turning Point


NASDAQ 100 Nearing Epic Turning Point

Refined Elliott Trader software has waffled back and forth between its Top Wave Count for the middle chart.  Presently it is choosing the interpretation of Cycle (red) wave IV as completed.  Yesterday it chose the Top Count as if Cycle IV was not completed and was unfolding as an expanded flat with wave A completed and wave B sitting in its target (probably completed).  When Pink wave (5) hits its highest probable target in about 40 more points, it will be one of the ripest shorting opportunities that I have ever seen.

Monday, February 24, 2014

Nasdaq 100 Refined Elliott Trader Software Intraday Analysis. Urgent Short!

Refined Elliott Trader software has found a perfect Shorting opportunity in the Nazdaq 100.

DJIA Heading South into Cycle Wave IV/Primary Wave C Targets.

DJIA Refined Elliott Trader software thinks peak is NOT yet established.  Cycle IV needs to complete before Cycle V to the upside finally nails the peak.

Friday, February 21, 2014

Nasdaq 100 Analyzed with Refined Elliott Trader software

Nasdaq 100 trying to figure out Cycle wave IV.  It now thinks it is incomplete with a Primary wave C of a Flat to the downside forthcoming.

Wednesday, February 19, 2014

NASDAQ 100 Showing Nice Synchronized Wave Counts on Daily and 240 Minute Bar Charts

Nasdaq 100 Targets for Cycle degree wave c of zz is synchronizing beautifully with Supercycle wave (y) of (dz).  The overlapping of the targets creates a very specific "bullseye" target where both targets intersect.