• 665 days Will The ECB Continue To Hike Rates?
  • 665 days Forbes: Aramco Remains Largest Company In The Middle East
  • 667 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,067 days Could Crypto Overtake Traditional Investment?
  • 1,072 days Americans Still Quitting Jobs At Record Pace
  • 1,074 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,077 days Is The Dollar Too Strong?
  • 1,077 days Big Tech Disappoints Investors on Earnings Calls
  • 1,078 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,080 days China Is Quietly Trying To Distance Itself From Russia
  • 1,080 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,084 days Crypto Investors Won Big In 2021
  • 1,084 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,085 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,087 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,088 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,091 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,092 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,092 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,094 days Are NFTs About To Take Over Gaming?
Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  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