TheWaveTrading

TheWaveTrading

Contributor since: 25 Sep 2011

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• UPRO: Bullish Setup

  Published 10 May 2014 | viewed 0 times

  Entry Date: 05/29/2014; Long 100.37; Stop: 98.35; Target: 107.90 +/- Reason: Price should have completed a Triangle In my last update of SPX on May…

• SPX: Follow Up of The Ending Diagonal Pattern

  Published 04 May 2014 | viewed 0 times

  I maintain as a probable scenario that price from the October 2013 low is forming an Ending Diagonal, in which case SPX is now involved…

• GOOGL: Bullish Watchlist

  Published 30 April 2014 | viewed 0 times

  Reason: Potential Morning Doji Star reversal pattern after a successful test at the 200 dma. The Morning Doji Star candlestick bullish reversal pattern should be…

• IBB (Nasdaq Biotechnology ETF): Bullish Setup Watchlist

  Published 28 April 2014 | viewed 0 times

  Reason: Potential Inverted Head & Shoulder with a theoretical target located at 265 Larger Image The right shoulder is still under construction but, as it…

• IBEX: The Ending Diagonal

  Published 26 April 2014 | viewed 0 times

  The Triangle scenario that I posted on March 25 has not panned out instead, in my humble opinion, from the December low price has formed…

• Tesla: Bullish Setup

  Published 24 April 2014 | viewed 0 times

  Reason: Potential Inverted Head & Shoulder If Tuesday's lod holds price could be forming an IHS with a theoretical target at 255. Larger Image Even…

• DRV (Real Estate Bear 3x ETF): IWR Bearish Watchlist

  Published 23 April 2014 | viewed 0 times

  Reason: Potential Bullish Falling Wedge This is a short-term trade setup. If the Bullish Falling Wedge pans out it should result in a sharp rebound…

• NDX: The Decline is Jeopardizing a Bullish Outcome

  Published 14 April 2014 | viewed 0 times

  NDX is approaching the February low. As discussed in weekly update on April 6, this area is a twofold critical since it coincides with the…

• SPX: Are We Almost Done With The Downside?

  Published 13 April 2014 | viewed 0 times

  Before analysing the Elliott Wave pattern lets review some technical indicators because in my opinion we are getting close to extreme readings that usually should…

• EURUSD: The Ending Diagonal Option

  Published 12 April 2014 | viewed 0 times

  Brief update: On March 16, in my last review of the long-term Elliott Wave Pattern I discussed three potential scenarios for the advance from the…

• SDOW (3xShort Dow ETF): Bullish Watchlist

  Published 11 April 2014 | viewed 0 times

  Reason: Potential Inverted Head & Shoulder with theoretical target at 33. In the daily chart below we can see that price has formed a likely…

• Weekly Technical/Elliott Wave Analysis (SPX, DJIA, NDX)

  Published 06 April 2014 | viewed 0 times

  Don't Count your Chickens Before they're Hatched We have a very aged bullish trend but in my opinion we don't have yet a confirmation that…

• GLD: Bullish Watchlist (Short-Term Time Frame)

  Published 03 April 2014 | viewed 0 times

  This idea is extremely aggressive since the stop is a bit far away and initially the expected profit is the 1 x 1 extension target…

• IBB (NASDAQ Biotechnology ETF): Bullish Watch List

  Published 01 April 2014 | viewed 0 times

  IBB has suffered a serious selloff. I don't know if a major top is in place although the weekly MACD bearish cross does not inspire…

• SPX: The Corrective Pattern Remains Unsolved

  Published 30 March 2014 | viewed 0 times

  A Diverging Market If all things were equal as we can see in the weekly chart of SPX below there would be no indication whatsoever…

• NUGT: Bullish Setup Watch List

  Published 28 March 2014 | viewed 0 times

  Reason: Potential tradable bottom. There is no confirmation yet of at least a short-term bottom but Thursday's large black hollow candlestick (Almost a Marubozu) is…

• IBEX: The Next to The Last Elliott Wave Pattern?

  Published 25 March 2014 | viewed 0 times

  Brief update: A Triangle always precedes the final up leg of an Elliott Wave Pattern. The thrust following the contracting pattern ends a move. It…

• SPX: Will It Confirm The Double Top?

  Published 23 March 2014 | viewed 0 times

  My son is playing a tennis tournament so I don't have much time for the weekly update. I will just iterate the already discussed potential…

• EWW: Bullish Setup

  Published 20 March 2014 | viewed 0 times

  I have no idea regarding the long-term Elliott Wave Patter, but it does not matter since this is a short-term bullish setup Reason: Completed a…

• EURUSD: Review of The Long Term Elliott Wave Pattern

  Published 16 March 2014 | viewed 0 times

  Brief update I maintain the two potential patterns discussed the last time on October 19, 2013: Double Zig Zag Option: From the July 2012 low…