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Saturday, April 14, 2012

$AAPL: EW count and forecast. Probably, next wave 4 stop.



We have check out carefully our EW count and maybe, we can have a previous wave 4 with a probably target of 580. We will stay at this orange wave count, before forecasting next price moves.

$SPX: Our calls from April 4 to April 13 and how they do.



We are trying with this post, not only to show you, our calls and how they do, but also show you the entire picture on those days and how Elliot waves and Fibonacci works ; for those who think that market chaos don´t respect some kind of order and laws.


We have colored with different colors, not only the market date but also the market direction .Up or down.

The date sequence goes from up to down.

On April 4, we call the end of a wave 3 rally at 1,423 and call for the start of a wave 4,down to 1,290.

On April 4, we also call a first stop at 1,375.

On April 9, price stop it's fall at, aprox, 1,375 and we call a wave 4,up to 1,385-1,392 area.

On April 10, price went to, aprox, 1,390 and then, when price was, aprox, at 1,353, we call the end of a wave 3 down and the start of a wave 4, up to 1,375 -1,385 (50% retracement)

On April 12, we call that wave 4 in place at 1,385, which was 50% retracement.

On April 13, as you can see in "Some of our best calls" at the right, above, of our blog, we nailed the way up and then, the way down of the daily action, with a very close count,with a 1 min chart.


Wednesday, April 4, 2012


$SPX: Daily chart. EW count and forecast. Maybe wave 3 (purple) in place?



We targeted 1,446 to put wave 3 (purple) in place, but seems that 1,423 was the one. Target for wave 4 ( purple) if we are right could be 1,290



$SPX: EW count and forecast. 1,375 next target area?






Monday, April 9, 2012


$SPX: 5 min chart. EW count and forecast.


$SPX: 2 min chart. EW count and forecast. Why not?



Tuesday, April 10, 2012

$SPX: EW count and forecast. Wave 3, green, continues in play.


Yesterday we count wave 3, green, as it was on place but, was wave 3, orange, a minor wave of the green one, that was in place and also wave 4, orange is now in place. When wave 3, green can be in place, then we will have wave 4, green, in play. 

$ES_F: Futures are confirming wave 3 is in place.



Futures are confirming that, for now, the fall down will ease. Wave 3,green, seems in place and now wave 4, green, up.

Thursday, April 12, 2012


Friday, April 13, 2012


$SPX: 1 day,1 min chart EW count and forecast,updated.



It's nice when count is nailed! EW and Fibonacci don't fail, it's the counter who fails.



Relabeling at 13:25 ET



EW count at 13:44 ET



Friday, April 13, 2012


$SPX: EW count and forecast of wave 5,down.






Update at 15:20 ET




15:27 ET Wave 2 in place




16:00 ET End of day. Wave 3,down developing.

A wave 3 of something is strongly developing. Monday should continue the fall down.