Triple 000 and Sub-penny Chart Plays

[trader53]

S&P 500 - for Monday, July 11, 2016

https://caldaro.wordpress.com/

Friday Update

Posted on July 8, 2016

LONG TERM: nearly uptrend

MEDIUM TERM: uptrend

SHORT TERM: gap up and go day, DOW +251


The market gapped up at the open
on a surprising monthly Payrolls report.

After about an hour of trading
the SPX cleared all the resistance levels
noted yesterday.

In fact
the SPX rallied to its highest level
since June 2015.

With the WROC signal last week,
suggesting an uptrend was underway,
and an uptrend confirmation,
today looks like a game changing event.

Lots to cover in the weekend update,
plus some count upgrades.

Best to your weekend!

S&P 500 - Futures Charts (Hourly)



S&P 500 - Futures Charts (Daily)













* Note - The October 2015 Bottom, resembles 1998 and 2011 Bottoms


LONG TERM: nearly uptrend

MEDIUM TERM: uptrend

* Primary Waves I and II - completed in 2011

* Primary Waves III and IV - completed in 2015

* Primary Wave V - Failed


















* Note - The October 2015 Bottom, resembles 1998 and 2011 Bottoms





































LONG TERM: nearly uptrend

MEDIUM TERM: uptrend

* Primary Waves I and II - completed in 2011

* Primary Waves III and IV - completed in 2015

* Primary Wave V - Failed








Since 1929 there have been 13 bull markets
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116564037


http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=1&mn=1&dy=0&id=p83822707561

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=1&dy=0&id=p43140782454

http://finviz.com/futures_charts.ashx?t=ES&p=h1

http://finviz.com/futures_charts.ashx?t=ES&p=d1