http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p99378568549&a=266398464 We are fortunate in having alert and sharp readers, one of whom pointed out that a 10% downwave would reach 1818, not 1888. We have corrected the chart and…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p99378568549&a=266398464 The market has been hammered repeatedly over the last 10 days or so, so naturally the WSJ, attempting to explain the unexplainable, attributes it to fear that global growth…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p99378568549&a=266398464 We saw the market turn on a dime Thursday, a reversal which is being confirmed today. We immediately lifted our hedge and reestablished our UPRO (SPX) positions. Readers who…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p99378568549&a=266398464 The market is telling us to get serious. Sailing leisurely over a great bull market is pleasant business. But when you hit the Bermuda triangle you have to get…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 The little downwave (or downwavelet) of early September puzzled us somewhat as we took it at first as an a-b-g-z (or a-b-c in Elliott speak) formation. But then the…
