On the green option below, this suggests the wave 4 ended today
and the SPX is starting wave 5 up. If true, then the next
pullback will form a HIGHER LOW. Always tricky at inflection
points.
Not sure this is correct...but if you look at the second chart
of the 4 intraday views Steve posted, you will notice letters and
numbers in green. I think he is favoring the notion that 4 is
complete and we are on our way up on 5.
SPX Intraday Views
Posted by steve on 5th of Sep 2014 at 11:55 am
$SPX - Chart Link
$SPX - Chart Link
$SPX - Chart Link
$SPX - Chart Link
On the green option below,
Posted by steve on 5th of Sep 2014 at 03:07 pm
On the green option below, this suggests the wave 4 ended today and the SPX is starting wave 5 up. If true, then the next pullback will form a HIGHER LOW. Always tricky at inflection points.
With this action, I'm favoring
Posted by steve on 5th of Sep 2014 at 03:58 pm
With this action, I'm favoring the Green view more and more into next week. The next pullback will be telling.
Green view?
Posted by burkmere on 5th of Sep 2014 at 06:29 pm
I looked at the charts and can't figure out which view is the green view and "yes" I've been following you.
RE: Green View
Posted by whs956 on 5th of Sep 2014 at 09:11 pm
Not sure this is correct...but if you look at the second chart of the 4 intraday views Steve posted, you will notice letters and numbers in green. I think he is favoring the notion that 4 is complete and we are on our way up on 5.
BABA (Alibaba) IPO soon price
Posted by steve on 5th of Sep 2014 at 03:51 pm
BABA (Alibaba) IPO soon price expected 60-66...maybe another reason to hold up until complete.
weekly chart
Posted by roger on 5th of Sep 2014 at 03:52 pm
chart
weekly macd h\s pattern looks ripe
Posted by roger on 5th of Sep 2014 at 03:31 pm
doing a kiss presently
The SPX has now achieved
Posted by steve on 5th of Sep 2014 at 12:42 pm
The SPX has now achieved the pattern measured move to 2003 which also equates to the .618 Fib retrace and has yet to show reversal signs.