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SPX 30 min chart looking like we may have a bottom, although there are targets on the Gleno CCI system at 2851 (140 SMA daily) and 2841 on the monthly that may or may not be reached. I just went long TNA
http://c.stockcharts.com/c-sc/sc?s=%24SPX&p=30&st=2017-03-15&en=2019-08-20&i=t5246867419c&a=307755350&m=o&r=1565016948834
http://c.stockcharts.com/c-sc/sc?s=TNA&p=30&st=2018-05-15&en=2019-08-30&i=t2388226894c&a=316140628&m=o&r=1565017193779
RUT,
Looks like that moderate drop has occurred and may finish today or Mon morning. The red arrow up thru the triple top will happen next.
SPX also has a triple top that needs to be violated
http://c.stockcharts.com/c-sc/sc?s=%24RUT&p=120&st=2016-01-01&en=2019-10-31&i=p40115607346&a=495343342&r=1564766086657&r=1564767206254
SPX showing the triple top as well
http://c.stockcharts.com/c-sc/sc?s=%24SPX&p=60&st=2016-01-01&en=2019-10-31&i=p17421773774&a=371613740&r=1563116207989&r=1563116402179
Charts, RUT, INDU:
RUT showing an existing triple and INDU has completed a longer time frame triple as of Friday, Both need to be taken out before the up wave is complete. Good chance of a moderate drop before however?
http://c.stockcharts.com/c-sc/sc?s=%24RUT&p=120&st=2016-01-01&en=2019-10-31&i=p40115607346&a=495343342&r=1563113147262&r=1563115194254
http://c.stockcharts.com/c-sc/sc?s=%24INDU&p=60&yr=1&mn=6&dy=0&i=t4199613057c&a=422108943&r=1563113003849&r=1563113123606
My chart has a 553 point gain for "A" and just saying, C should be a minimum of 1.618 x A = 895 points. If the drop (or even the previous drop low at 2346) as start of "C" then your 3200 target should (might) be good. Another targeting issue may be the percent gain of "A" which was a whopping 80% gain and if "C" were to match it would be 1000 points higher than your 3200? Just saying, if trade deals were worked out with China and everything else was rosey?
http://c.stockcharts.com/c-sc/sc?s=%24SPX&p=60&st=2009-01-01&en=2019-10-31&i=p76608240220&a=671106850&r=1561041395673&r=1561041622760
This is what I think the wave pattern is now. If correct, we should make a high around end of month or even sooner and INDU should make a new high above 27K as well, then down to a new low, this drop may follow typical down months or some surprise with a dramatic drop? The final C up should/might follow typical presidential election patterns topping at the next election- I think anyway.
http://c.stockcharts.com/c-sc/sc?s=%24SPX&p=60&st=2009-01-01&en=2019-10-31&i=p76608240220&a=671106850&r=1560948988082&r=1560949212639
Previously, I was thinking the pink line here in NDX chart was going to be taken out today and the China trade would begin to look bad later in the week. I think you're at least partially right about today being a one day thing, at least for now. in a few days or a bit later it may turn into something bigger.
http://c.stockcharts.com/c-sc/sc?s=%24NDX&p=30&yr=0&mn=3&dy=0&i=p57936110327&a=318046275&r=1557161131663
Hi Gleno, Yea, I'm still looking for below 2300
Hi Rimshot, late reply, sorry. I was able to log in but had missing data over the weekend.
SPY made a new high while SPX hasn't yet. They typically follow thru
I'm thinking the stochastics need a retest of the top tine before starting the move down which my best work now says late june and 2254
http://c.stockcharts.com/c-sc/sc?s=%24SPX&p=60&st=2018-01-01&en=2019-06-28&i=p61351229256&a=256257406&r=1555520627653&r=1555520718095
I think SPX wants 2900
Hi Northam, I hope you're doing well and thanks for your comments.
We'll see soon enough, my work says this drop needs to finish by late April. One of my S wave rules is riding on this. The triple shown as the dotted pink line in the MID chart (this also occurred in COMPQ, NDX and DJW) needs to be taken out before the pattern is completed, which translates to the 2346 wasn't the bottom.
http://c.stockcharts.com/c-sc/sc?s=%24MID&p=60&st=2018-01-01&en=2019-04-26&i=p64988323499&a=315319326&r=1553275693841&r=1553276539175
The 550 point down move looks good from here, 2266 target maybe as soon as April 19. I think we take a little time getting through the red fork upper tine first.
http://c.stockcharts.com/c-sc/sc?s=%24SPX&p=60&st=2016-01-01&en=2019-04-19&i=p1021859065c&a=371613740&r=1551814704950
EEM chart, this supports the pink fork pattern of SPX chart. It also helps with some time estimate of the bottom which from this chart should be no earlier than April 1st
http://c.stockcharts.com/c-sc/sc?s=EEM&p=60&st=2018-01-01&en=2019-04-30&i=t6832894360c&a=422433013&r=1550243311611&r=1550243383458
Here's a look at the small caps, IWM showing the large red down fork failure, but a perfect lower pink fork tag
http://c.stockcharts.com/c-sc/sc?s=IWM&p=120&st=2018-01-01&en=2019-04-19&i=t5889124342c&a=462160483&r=1550153046865&r=1550153816315
Here's another look at this wave pattern. I have my old purple and red down forks and a large pink fork added which follows the red exactly. It's a simple A,B,C down with an up B wave a,b,c
both are based on c = a x 1.618 with the very near term target of 2781 followed by 550 points down to 2231 target. The April time frame for the end target was simply where the 2231 met the purple lower tine and is subject to be off. click on the chart for expanded view
http://c.stockcharts.com/c-sc/sc?s=%24SPX&p=60&st=2016-01-01&en=2019-04-19&i=p1021859065c&a=371613740&r=1550143934124&r=1550145715549
We're in the purple fork still and I think we need a final C down to new lows. The soonest would be March 15 for the bottom. The first low pierced the purple fork by so much I wonder if it needs to retest it again although The rise up had a good back test so I don't know for sure. After this down move we will go up to new highs as the "B" rising above the start of A (Red fork) dictates it according to S Wave rules.
http://c.stockcharts.com/c-sc/sc?s=%24SPX&p=60&st=2018-01-01&en=2019-04-19&i=p7824794142c&a=256257406&r=1550082568279&r=1550082652148
JK, another nice call. All the earlier triples are taken out as of today. However SPY has one set up with todays move. I would also like to see the upper red tine get tagged
http://c.stockcharts.com/c-sc/sc?s=SPY&p=60&st=2018-01-01&en=2019-03-15&i=p0674981964c&a=350704571&r=1550070895739&r=1550071022152
B is next, should be this week I think, then C
http://c.stockcharts.com/c-sc/sc?s=%24SPX&p=30&st=2017-03-15&en=2019-02-08&i=p7669060511c&a=307755350&r=1547646228829
MID,COMPQ with the pink dotted lines above as good targets. These charts are dated for the end of the month and are good until then.
http://c.stockcharts.com/c-sc/sc?s=%24COMPQ&p=30&st=2017-10-27&en=2019-01-31&i=t0380461486c&a=282143477&r=1547288129916
http://c.stockcharts.com/c-sc/sc?s=%24MID&p=30&st=2017-10-02&en=2019-01-31&i=t6434268925c&a=284141053&r=1547288297272
Here's a reply from Stockcharts concerning live chart posting:
Why don't charts post on IHUB now?
Is it temporary or permanent?
Unfortunately, we are no longer able to provide live charts on other websites. This is a restriction placed upon us by our data vendor and the various stock exchanges. You'll need to link to our pages directly from now on.
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Happy New Year, drinks are on the house
MID and COMPQ with the triples shown in pink dotted. We need to take those out before more down
http://stockcharts.com/h-sc/ui?s=%24MID&p=30&st=2017-10-02&en=2019-01-11&id=p2215416670c&listNum=1&a=284141053
http://stockcharts.com/h-sc/ui?s=%24COMPQ&p=30&st=2017-10-27&en=2019-01-11&id=p6888587322c&listNum=1&a=282143477
Thx
TICK 5,15 and 60
http://stockcharts.com/h-sc/ui?s=$TICK&p=5&yr=0&mn=6&dy=0&id=p53158393986&a=365599341&listNum=1
http://stockcharts.com/h-sc/ui?s=$TICK&p=15&yr=0&mn=6&dy=0&id=p55675560083&a=288161961&listNum=1
http://stockcharts.com/h-sc/ui?s=$TICK&p=60&yr=2&mn=6&dy=0&id=p81270092098&a=239073236&listNum=1
SPX 5,30 and 60 min
http://stockcharts.com/h-sc/ui?s=$SPX&p=5&yr=0&mn=0&dy=20&id=p49667260560&a=390542054&listNum=1
http://stockcharts.com/h-sc/ui?s=$SPX&p=30&st=2017-03-15&en=2019-01-11&id=p7336525533c&a=307755350&listNum=1
http://stockcharts.com/h-sc/ui?s=$SPX&p=60&st=2017-01-02&en=2019-02-08&id=p3503110368c&a=256257406&listNum=1
Gleno's top sticky has an url that will load, the others will not and I can't see the difference and tried everything. Here's his post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138321312
I'm still lost on this issue, if you have a solution please instruct and I'll try it.
Well, nothing is working to get the charts up. I tried not imbedding the charts and no better
stickies updated,