TheWaveTrading

TheWaveTrading

Contributor since: 25 Sep 2011

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• SPX: Follow Up of the Short Term EWP

  Published 27 September 2012 | viewed 0 times

  I begin today's brief technical update with a look at the EUR, which is down 7 out of the last 8 trading days. Yesterday it…

• SPX: Follow Up of the Short Term EWP

  Published 26 September 2012 | viewed 0 times

  Yesterday price finally took the unavoidable route that momentum and breadth indicators were suggesting. Sell stops were triggered once market participants realized that 1450 was…

• SPX: Follow Up of the Short Term EWP

  Published 25 September 2012 | viewed 0 times

  As I have mentioned several times last week, the internal structure of the pullback "per se" does not offer enough confidence that a reversal is…

• Weekly Technical Analysis

  Published 22 September 2012 | viewed 0 times

  All week long I have been suggesting that probability that SPX on September 14 has established the top of the up leg from the June…

• SPX: Follow Up of the Short Term EWP

  Published 21 September 2012 | viewed 0 times

  During this week I have been clearly shifting my bias to the bearish side. Major Reasons: A potential complete EW count off the June 4…

• SPX: Follow Up of the Short Term EWP

  Published 20 September 2012 | viewed 0 times

  Today I don't have much to say. During this week I have been discussing my preferred short-term scenario so I will keep it short. The…

• SPX: Follow Up of the Short Term EWP

  Published 19 September 2012 | viewed 0 times

  The "evidence" => corrective internal structure of the pullback from last Friday's top could be suggesting immediate higher levels BUT given: The overbought readings of…

• SPX: Follow Up of the Short Term EWP

  Published 18 September 2012 | viewed 0 times

  Yesterday SPX had a choppy session to the down side. Absence of impulsive action but maybe it was not an uneventful day. Last Friday I…

• EURUSD: Follow Up of the Short Term EWP

  Published 17 September 2012 | viewed 0 times

  This is a brief follow up "grounded" on my last update of the long-term count posted on Sunday (Sep 9). As a reminder I am…

• Weekly Technical Analysis

  Published 16 September 2012 | viewed 0 times

  As I mentioned last week I have been reassessing my long term preferred EW count. I have to admit that I was not expecting this…

• SPX: Follow Up of the Short Term EWP

  Published 14 September 2012 | viewed 0 times

  Yesterday with the FED announcement of an open ended $ 2 billion a day purchase ($ 40 billion x month), Mr. Bernanke should have triggered…

• SPX: Follow Up of the Short Term EWP

  Published 13 September 2012 | viewed 0 times

  Again today I don't have much "new" to say regarding the short-term scenario. The FED announcement due at 12:30 et will "determine" if price will…

• SPX: Follow Up of the Short Term EWP

  Published 12 September 2012 | viewed 0 times

  I don't have much to add regarding my short-term scenario of SPX. Yesterday price action does not suggest that the move off the June 4…

• SPX: Follow Up of the Short Term EWP

  Published 11 September 2012 | viewed 0 times

  In the last weekend technical update I have discussed why I am "enlisting" an alternative long-term count, which would resolve the issue of the resumption…

• EURUSD: Review of the Long Term EWP

  Published 09 September 2012 | viewed 0 times

  Lets begin with a chart dating back to April 1979. Don't ask me to label it because I am clueless BUT I can say the…

• Weekly Analysis

  Published 09 September 2012 | viewed 0 times

  For a long time I have been maintaining the following "Big picture road map": From the 2000 top price is tracing a corrective pattern named…

• SPX: Follow Up of the Short Term EWP

  Published 07 September 2012 | viewed 0 times

  The Bollinger Band set up + the converging internal structure of the pullback off the August 21 high resulted in a "ferocious" break out. The…

• EUR/USD: Follow Up Of The Short Term EWP

  Published 05 September 2012 | viewed 0 times

  Tomorrow we have a major event risk: ECB will announce/implement decisions. Some of the news should already be priced in but, if the current resistance…

• SPX: Follow Up of The Short Term EWP

  Published 05 September 2012 | viewed 0 times

  Absolutely I cannot change my short-term scenario. The Internal corrective price structure of the pullback off the August 21 high is strongly suggesting that price…

• Weekly Technical Analysis

  Published 02 September 2012 | viewed 0 times

  Since I would like that the weekly technical review should not be a boring analysis I am not going to repeat every week my preferred…