Broken symmetry to the upside on $SPX

    Posted by junkie on 10th of Oct 2014 at 12:09 pm

    http://stockcharts.com/h-sc/ui?s=$SPX&p=10&b=5&g=0&id=t04269930139&a=157796568&r=1412799486512&cmd=print

    The 11 point upmove has been exceeded on a move from 1912 to 1928.

    Well done Junkie...this stuff works

    Posted by steve on 10th of Oct 2014 at 12:29 pm

    Well done Junkie...this stuff works and now you can buy some more junk with profits.

    Yes. What's the current outlook

    Posted by junkie on 10th of Oct 2014 at 12:49 pm

    Yes. What's the current outlook in terms of Elliotese: a completed c-wave?

    http://stockcharts.com/h-sc/ui?s=$SPX&p=30&yr=0&mn=0&dy=16&id=p34852723441&a=177085615&r=1385058835724&cmd=print

    It looks like a backtest of the break-down line to me, as the move inside the triangle is stalled.

    Junkie: My primary view is

    Posted by steve on 10th of Oct 2014 at 01:29 pm

    Junkie: My primary view is that the SPX is still within Int C down. It can take many forms some targets are 1901 pivot range, 1885 where wave C = A or 1869 pivot range. The bounce thus far is minute b which may chop higher before the next strong selloff (maybe it forms some type of Ending Diagonal). Bottom line is to trade your triggers on the time frame you like. 

    Waves

    Posted by crazybobo1 on 11th of Oct 2014 at 09:53 am

    Steve, can I ever call you, and go over wave structure, fib levels ,and pivots points intraday, for the individual stocks I trade? I am successful day trading for over 30 years, but I know my intraday initiation stinks.

    Sure crazybobo1...I sent you a

    Posted by steve on 11th of Oct 2014 at 11:30 am

    Sure crazybobo1...I sent you a private message so refer to your inbox. 

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