TheWaveTrading

TheWaveTrading

Contributor since: 25 Sep 2011

Contact Contributor

Biography

• Daily Analysis

  Published 17 February 2012 | viewed 0 times

  Astonishing response from the bulls to Wednesday's potential reversal pattern, which was triggered from the ECB announcement of its intention to swap its current holding…

• Daily Analysis

  Published 16 February 2012 | viewed 0 times

  In an extended move it is often the case that price does not unfold the perfect last wave of an ending pattern. This is what…

• Daily Analysis

  Published 15 February 2012 | viewed 0 times

  Another bearish set up has failed, the potential reversal pattern that I have highlighted last Sunday has turned out to be a small correction which…

• Daily Analysis

  Published 14 February 2012 | viewed 0 times

  As discussed in the weekly analysis, SPX should be involved in a topping process. If my EW count is correct, price should establish the top…

• Weekly Analysis

  Published 12 February 2012 | viewed 0 times

  Since the December 19 up leg is in force there have been two potential reversal patterns. The first one occurred on the last week of…

• Daily Analysis

  Published 10 February 2012 | viewed 0 times

  Like it occurred on the last week of January, this week SPX is on track of ending the week with another potential "toppish" candlestick. It…

• Daily Analysis

  Published 09 February 2012 | viewed 0 times

  I don't have much to add to what I have mentioned yesterday. I reiterate: "..... the combination of extreme overbought readings + an overly mature…

• Daily Analysis

  Published 08 February 2012 | viewed 0 times

  SPX is refusing to give in an overdue correction, something that momentum and breadth indicators have been warning for a while. It dies not matter…

• Daily Analysis

  Published 07 February 2012 | viewed 0 times

  Last Thursday I mentioned that: "Despite that the technical "conditions" are suggesting a larger corrective pattern if price kills the short term bearish set up…

• Daily Analysis

  Published 02 February 2012 | viewed 0 times

  My main attention remains focused on the EW pattern that price is unfolding from the October 4 low. As you already know my preferred count…

• Daily Analysis

  Published 01 February 2012 | viewed 0 times

  Today I don't have much to add to the previous posts hence I will keep this very brief. January ended with SPX shrugging off the…

• Daily Analysis

  Published 31 January 2012 | viewed 0 times

  Last Thursday's bearish "short term" reversal is still "in force", but it needs an end of week print below 1306.06; recall last week's SPX Spinning…

• Weekly Analysis

  Published 29 January 2012 | viewed 0 times

  Last week I have been suggesting that the trend line resistance off the 2007 top, which stands in the 1330 area, could be the right…

• Daily Analysis

  Published 27 January 2012 | viewed 0 times

  Yesterday we had a few indications that price may have reached a potential short-term top: The trend line resistance from the 2007 top has been…

• Daily Analysis

  Published 26 January 2012 | viewed 0 times

  Price performance is keeping bears at bay so far but nothing goes up on a straight line, above all, when the daily RSI has is…

• Daily Analysis

  Published 25 January 2012 | viewed 0 times

  Yesterday, SPX had a s/t potential reversal pattern known as H&S, but the threat was short lived as dip buyers once again humiliated the bears…

• Daily Analysis

  Published 24 January 2012 | viewed 0 times

  Today I don't have many "fancy" ideas to share, hence I will keep it brief. I am following the plan from the potential EW pattern…

• Weekly Analysis

  Published 22 January 2012 | viewed 0 times

  If you have been reading my website you know that I have been suggesting for a long time that we don't have any technical reasons…

• Daily Analysis

  Published 20 January 2012 | viewed 0 times

  Congratulations to the NDX, since yesterday it achieved a new high above the July 2011 peak officially killing the Perma bearish counts. We already knew…

• Daily Analysis

  Published 19 January 2012 | viewed 0 times

  US stock market has now reached overhead resistance, NDX stands out since it is at less then 13 points away from last summer's top. Larger…