TheWaveTrading

TheWaveTrading

Contributor since: 25 Sep 2011

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• Weekly Analysis

  Published 29 April 2012 | viewed 0 times

  Like every weekend update I begin the analysis with the SPX monthly chart, where I have labeled my long term "map". The synthesis is: Double…

• Daily Analysis

  Published 27 April 2012 | viewed 0 times

  A mixed start with price even unfolding a potential reversal pattern was suddenly reversed with a solid follow-through pushing price above the 1392.76 pivot resistance…

• Daily Analysis

  Published 26 April 2012 | viewed 0 times

  I maintain my SPX medium-term scenario that calls for a correction phase that will retrace a portion of the 3 -wave EWP off the October…

• Daily Analysis

  Published 25 April 2012 | viewed 0 times

  Yesterday I expressed my concern that SPX's corrective counter trend move from the April 10 low was not over, since in both upward and downward…

• Daily Analysis

  Published 24 April 2012 | viewed 0 times

  As I mentioned in my last weekend update SPX short-term price action is clearly bearish: "It does not happen so often to have a "crystal…

• Weekly Analysis

  Published 22 April 2012 | viewed 0 times

  I maintain my SPX bullish scenario for the Long Term Trend and bearish one for the Short Term Trend. Long Term Trend: As discussed several…

• Daily Analysis

  Published 20 April 2012 | viewed 0 times

  Thanks God it is Friday, I am looking forward to "shelve" a boring week. Hopefully next week price will finally put an end to this…

• Daily Analysis

  Published 19 April 2012 | viewed 0 times

  SPX short-term price action: I cannot modify my preferred short-term scenario. The EWP from the April 2 peak unquestionably calls for at least one more…

• Daily Analysis

  Published 18 April 2012 | viewed 0 times

  SPX short-term price action: I maintain what I mentioned yesterday: "I am expecting another down leg, a wave (C), off the April 2 peak that…

• Daily Analysis

  Published 17 April 2012 | viewed 0 times

  As discussed: I have a bullish bias for the long-term EWP: Price is tracing the wave (X) off the November 2008 low. The wave (X)…

• Daily Analysis

  Published 13 April 2012 | viewed 0 times

  Today I don't have many "fancy" ideas to share so I will keep it very short. Wednesday's Harami was suggesting more follow-throughs to the upside,…

• Daily Analysis

  Published 12 April 2012 | viewed 0 times

  I don't have much new to say today. Yesterday I suggested that given the extreme oversold reading reached by the McClellan Oscillator on Tuesday, and…

• Daily Analysis

  Published 11 April 2012 | viewed 0 times

  Despite being oversold, yesterday SPX "knuckled under" the selling pressure from the opening to the closing bell and was not able to hold above neither…

• Daily Analysis

  Published 10 April 2012 | viewed 0 times

  Yesterday's price action has officially confirmed that the trend is now down. The effects of the main idea/road map that I am following have been…

• Weekly Analysis

  Published 08 April 2012 | viewed 0 times

  Last week was a bit unusual since despite the equity markets were closed on Friday we had the NFP release with only the Stock Futures…

• Daiy Analysis

  Published 29 March 2012 | viewed 0 times

  I have a confident view regarding the SPX long-term time frame scenario, which calls for a wave (X) in progress from the November 08 lows.…

• Daily Analysis

  Published 28 March 2012 | viewed 0 times

  Due to Monday's rally induced by Bernanke, the SPX impulsive up leg off the November lows which was at risk of being completed; the door…

• Daily Analysis

  Published 27 March 2012 | viewed 0 times

  Yesterday Mr Bernanke has made quite clear that he wants a lower USD and a higher equity market. Since I don't believe in miracles the…

• Weekly Analysis

  Published 25 March 2012 | viewed 0 times

  Reminder of SPX potential long-term count: I have always been considering that from the 2000 top price is unfolding a large Double Zig Zag =…

• Daily Analysis

  Published 23 March 2012 | viewed 0 times

  3 down days in a row have deteriorated breadth and momentum indicators. Yesterday I mentioned that technical indicators were rolling down, today, in addition to…