• 3 days Investors Are Patient With Unprofitable Giants
  • 5 days Wells Fargo Back In The Scandal Spotlight Once Again
  • 7 days 5 Stocks To Keep A Close Eye On This Year
  • 8 days As Auto Giants Flail, Look To Chip Stocks For Gains
  • 9 days Central America Is Ready For The Bitcoin Hustle
  • 10 days China’s Video Game Restrictions Unlikely To Slow Down Booming Industry
  • 12 days Top Performing Stocks As Inflation Fears Grow
  • 13 days US Airline Stocks Take A Beating On New EU Restrictions
  • 14 days This IPO Could Open Sustainable Fashion Floodgates
  • 15 days Crypto Crime Nets Another $2B Fraudster
  • 17 days This Week’s Hottest Meme Stocks
  • 18 days Why World Markets Should Be Watching Germany Closely
  • 20 days Could ‘Cultured’ Meat Rival The Plant-Based Megatrend?
  • 22 days ‘Easy Money’: Crypto Is Still Attracting Newbie Investors
  • 24 days Foreign Syndicates May Have Stolen Up To $400B In COVID Benefits
  • 25 days Gold Jumps Above $1800 Ahead Of Jackson Hole Summit
  • 25 days International Banks Blacklist Afghanistan Following Taliban Takeover
  • 27 days China’s Tycoons Are Getting A Serious Reality Check
  • 28 days U.S. Cannabis Space Heats Up With Telling Tilray Acquisition
  • 29 days Consumer Price Index Hits 13-Year-High
Brad Gudgeon

Brad Gudgeon

BluStar Market Timer Investment Philosophy: The stock market is currently in a technical Elliott Wave Bear Market Rally. It has been exhibiting A-B-C type waves…

Contact Author

  1. Home
  2. Markets
  3. Other

Stock Market: Alternate Projection

The chart below shows the alternate projection going forward for the S&P 500. This projection shows an extended 4 trading days to the normal 16 TD top (May 4th?), and also the next low due around the time of the next Bradley turn due May 11-12. May 15 is exactly 7 weeks (34 TD's) from the 20 week low of March 27.

The .382 retracement is exactly at the point of the large gap on the chart and should hold any decline today. Either May 4th is the all important top or we see another one in late May or early June.

November 4th, 2016 to March 27th, 2017 measures 96 TD's, just 4 TD's shy of a perfect 100 TD's. The 200/400 TD low is due in the summer of 2017.

S&P500 Hourly Chart
Larger Image

 


Our subs trade alternate plans as they develop, not just the ones laid out in advance.
BluStar is now offering a "one week free trial" to all newcomers.
www.blustarmarkettimer.info

 

Back to homepage

Leave a comment

Leave a comment