TheWaveTrading

TheWaveTrading

Contributor since: 25 Sep 2011

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• SPX: Follow Up of the Short Term EWP

  Published 21 June 2013 | viewed 0 times

  A DOWNWARD CORRECTIVE PHASE HASE BEEN KICKED OFF If you are a reader of my site you already know that in my opinion the current…

• SPX: Follow Up of the Short Term EWP

  Published 20 June 2013 | viewed 0 times

  BULLS HAVE TO DEFEND THE 50 DMA Disappointing reaction to yesterday's FOMC announcements but given the lack of a terminal pattern in the bounce off…

• SPX: Follow Up of the Short Term EWP

  Published 19 June 2013 | viewed 0 times

  THE MOST LIKELY SCENARIO REMAINS A ZIG ZAG DOWN. BUT BERNANKE CAN DERAIL THE PATTERN. Today is FOMC day, Bernanke's comments pro money printing or…

• SPX: Follow Up of the Short Term EWP

  Published 18 June 2013 | viewed 0 times

  BE READY FOR A VOLATILE WEEK SPX remains vulnerable of embarking in a larger corrective pattern, without endangering the intermediate trend, with a Zig Zag…

• Weekly Technical Analysis

  Published 16 June 2013 | viewed 0 times

  THE PATTERN IS CORRECTIVE BUT IT COULD HAVE MORE BUSINESS TO THE DOWNSIDE FED Tapering fears will probably maintain price in a sideways pattern ahead…

• SPX: Follow Up of the Short Term EWP

  Published 14 June 2013 | viewed 0 times

  SUPPORT IS HOLDING So far the trend line in force since the November low and the 50 dma is withstanding the selling pressure maintaining alive…

• SPX: Follow Up of the Short Term EWP

  Published 13 June 2013 | viewed 0 times

  I HAVE UNDERSTIMATED THE SCENARIO OF A DEEPER CORRECTION My preferred scenario, which was calling for an incomplete EWP of the advance from the November…

• SPX: Follow Up of the Short Term EWP

  Published 12 June 2013 | viewed 0 times

  BULLS HAVE LOST AN OPPORTUNITY The intermediate trend remains bullish (The Advance off the November low is not over yet), but the corrective EWP from…

• Weekly Technical Analysis

  Published 09 June 2013 | viewed 0 times

  BULLS HAVE REGAINED THE UPPERHAND. A NEW ALL TIME HIGH IS PROBABLE BUT I DON'T EXPECT A MAJOR BREAK OUT. Today I fill sick so…

• SPX: Follow Up of the Short Term EWP

  Published 07 June 2013 | viewed 0 times

  BULLS HAVE THE OPPORTUNITY TO KNOCK DOWN THE BEARS Today we have the major NFP risk event. It seems that bulls want a below consensus…

• SPX: Follow Up of the Short Term EWP

  Published 06 June 2013 | viewed 0 times

  THREE MAJOR EVENT RISKS ARE UPON US Going forward how price reacts to three major event risks will dictate over the resumption of the intermediate…

• SPX: Follow Up of the Short Term EWP

  Published 05 June 2013 | viewed 0 times

  NO CHANGE - THE PATTERN IS CORRECTIVE BUT NOT OVER The daily swings that we are recently witnessing are frustrating since it is tough to…

• SPX: Follow Up of the Short Term EWP

  Published 04 June 2013 | viewed 0 times

  THE PULLBACK IS NOT OVER Yesterday SPX breached the support located at 1626.74 but ended the day in a positive note leaving in the daily…

• Weekly Technical Analysis

  Published 02 June 2013 | viewed 0 times

  BEARS ARE MAKING PROGRESS - I EXPECT FURTHER CORRECTIVE PRICE ACTION My suspicion regarding the triangle formation proved to be right. On Friday bears have…

• SPX: Follow Up of the Short Term EWP

  Published 31 May 2013 | viewed 0 times

  TOO MANY EYES ARE WATCHING THE TRIANGLE Today I don't have much to add to what have been discussing since my last weekly update. I…

• SPX: Follow Up of the Short Term EWP

  Published 30 May 2013 | viewed 0 times

  TRIANGLE OR HEAD AND SHOULDER Today just a brief update, the short-term outcome depends on two clear patterns. Lets see which one is the "winner".…

• SPX: Follow Up of the Short Term EWP

  Published 29 May 2013 | viewed 0 times

  BULLS ARE LOSING THE UPPERHAND Yesterday the market followed the script of the always-bullish Tuesday (20 consecutive Tuesdays gains), but despite the large gap up…

• Weekly Technical Analysis

  Published 26 May 2013 | viewed 0 times

  DOWNWARD OR CONTRACTING CORRECTION? Last week Bernanke's Testimony and the FED minutes have been the catalysts that have kicked off the overdue correction. I rule…

• SPX: Follow Up of the Short Term EWP

  Published 23 May 2013 | viewed 0 times

  THE PULLBACK IS UNDERWAY Preamble of my preferred scenario ====> the current pullback does not belong to a "major" reversal pattern; instead I expect just…

• SPX: Follow Up of the Short Term EWP

  Published 22 May 2013 | viewed 0 times

  TODAY THE BULLISH MARKET BEHAVIOUR CAN BE TEMTPORARLY SUSPENDED Today we have two key risk events that may trigger the overdue equity pullback (Bernanke testimony…