For subscription to work, a site or newsletter almost needs to offer several items like BPT. When market trend is easy to identify, you go with market analysis. When it's so cloudy like now, you go with watch list, mechanical systems, free indicators, etc. If you only bank on one or the other, there will be time that one doesn't work. With multiple offers, at least you cover your xss and keep that subscriptions/revenue going.

That's why I have cancelled just about every subscriptions. It's not worth it.

Ok.....according to this guy's count, we still have wave C up to come and reach new high...  Is that correct?

Hey guys....I cancelled my subscriptions with EWI.  I am trying to figure out the counts for the last week and a half.  I can't come up with one.  If you subscribe it, would you mind sharing with me their counts or your own counts.  EW is not perfect and it doesn't work all the time, but I like to see some counts.  Please advise.  Thank you. 

I guess this giant bull flag on ES for the last several weeks makes me feel bullish. I got hurt plenty during this bear market rally.  Trying to short ever since May...  I just don't know.  Dubai couldn't break this market down for more than a day.  What can it?  I am with your point, but I just don't know.

This is the first time that we might close near the high. I don't see this as bearish at all. What reason to sell? Bears who want to take profits or sell short of this market have already done so. Only a few bears still hold shorts. I see this as red hot bullish.

This is ES.  11/16 - 1112.25, 11/23 - 1111.50, 11/25 - 1111.25, 11/26 - 1111.25....today 1111.75.  Resistance gets weaker each time.  Like Matt said, if we break it today, watch out for crazy short squeeze.

So much for 200% shorts.  Maybe we should do 300% short after today.

http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p119906.pdf

200% short prediction will be based on today.

Low volume and market orders.

I thought ABC is a corrective pattern. What's the implusive wave that precedes this ABC correction? It seems that the implusive wave is up, not down.

I personally think that following newsletters is a fool's game. I cancel most of my subscriptions and plan on cancelling them all when the time runs out. The best way to trade in this market is only to trade intra day or long term. Intermediate term is extremely uncertain. Let's take EW for example. With this implusive up, we might be in a wave 1 of wave 3 while the last few days were only wave 2. It means that we still have a couple of weeks to go with this rally. The bottom line is predictions are meant to be wrong, and market forecast newsletters should refund customers money after getting so many times wrong.

Or wave 5 of wave 5 is already finished. Today's afternoon sell off is the wave 1 of wave 1 and the late day bounce is wave 2 of wave 1. If that's the case, we will need to sell off hard tomorrow.  We will see.

Today's late day sell off looks like a wave 4 of wave 5.  We should pop in the morning tomorrow to complete wave 5 of wave 5.  Hopefully that will be the top.  Besides, 50% retracement in S&P is at 1121, and we are very close there.

we should have one more push to make wave 5 of wave 5.

You won't need to subscribe to websites if good bloggers keep this kind of analysis up. Most information is free as long as you know where to find it. Thank you very much for sharing.

Just observing the volume for this leg of rally.  The volume is even lighter than the summer time's and gets lighter each day in the month of Nov, which is usually a heavy participation month.  In other legs of this entire rally since March, the volume has never behaved like this.  Even if the bull pushes this thing to make new high, watch out for the crash since there aren't lots of foundation bases in this last leg to absorb the sell orders.

What day is the time cycle high, Steve?

Very weak and light volume implusive up wave.  We might not make new high due to the weakness.  It's a wave 5, in my view.