Patterns, Waves and Numbers
Wednesday, January 14, 2015
Friday, December 26, 2014
BAC_FITB_SDRL Updates
FITB: Seems to be forming a nice Inverted Head & Shoulders pattern targeting recent high of 24. Wait for breakout above 20.72.
SDRL: Either in a C wave or 3rd wave down. Follow the channels.
Friday, November 28, 2014
Monday, November 17, 2014
Sunday, November 9, 2014
Friday, November 7, 2014
SPX Major 5 wave update
- SPX: In minor 5 of intermediate 1 of Major 5 of Primary 3. Resistances around 2042 for end of intermediate 1 wave. Long term trendline resistance around 2070.
- If intermediate 1 tops around 2040, minor 2 correction targets are around 1930-1905 (50%-61.8% retracement). As per trendlines, 11/07, 11/10 and 11/11 this intermediate 1 should end. Short ONLY after confirmation.
- 3 gaps left to be filled between 1900 to 2000.
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