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Wednesday, September 28, 2016

Elliott Wave Update 28 September 2016

Prices went in the direction of our primary count. Wave [iii] of 5 of (5) of [5] up. The market finished above the 2015 - 2016 support/resistance line.

Tuesday, September 27, 2016

Elliott Wave Update 27 September 2016

Prices are right back to the 2015 resistance line.

Friday, September 23, 2016

Elliott Wave Update 23 September 2106

Lets see if support holds and our count pans out.


Thursday, September 22, 2016

Elliott Wave Update 22 September 2016

Coming toward the end of our grand count. For it to be a solid count it should "look right" at almost every scale level.

If we get a surge to 5 of (5) of [5] over a period of a few weeks or more, it would "look right"
If we break above 2015 resistance, test and hold then surge a bit higher, it would 'look right". Note the bearish wedge forming.
On the smaller scale it would also "look right"
The above counts have been largely working for the past few months so there is no reason to swerve off course at this stage. We have mapped out a possible count that will take us to all-time market peaks either before the election or right near it or shortly after.

Should be exciting. Because after the peak, Well you know the prediction by now.



Wednesday, September 21, 2016

Elliott Wave Update 21 September 2016

It is proposed that the kickoff to minor 5 of (5) of [5] up occurred today. The only requirement is that the market eventually makes new highs. wave 4 price low is an important level for the wave structure.
Top alt is the ending diagonal triangle on the DJIA as shown which would require a quick selloff down to 4 prior to the final push to new highs.

Tuesday, September 20, 2016

Elliott Wave Update ~ 20 September 2016

Trying to make a count of all the mess lately.

Friday, September 16, 2016

Elliott Wave Update ~ 16 September 2016

Social mood is beneath the 2015 peak. That favors Donald Trump as his recent surge in the polls. A pop above 2015 highs would probably favor Hillary Clinton.