Triple 000 and Sub-penny Chart Plays

[trader53]

S&P 500 - for Monday, August 1, 2016

https://caldaro.wordpress.com/

Friday Update

Posted on July 29, 2016

LONG TERM: uptrend

MEDIUM TERM: uptrend

SHORT TERM: marginal New all time high, DOW -24


The market opened lower today,
remaining in the 2156-2176 two week range.

After hitting a low at SPX 2163
the market rallied and exceeded the range by just one point.

After hitting the OEW pivot at 2177,
the market pulled back for the rest of the day.

With today’s slightly higher high
Minor 4 appears to have concluded at SPX 2059.

Minor 5 is currently underway.

We calculated some Fibonacci targets for Minor 5,
and will present them in the weekend update.

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: 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: 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