Triple 000 and Sub-penny Chart Plays

[trader53]

S&P 500 - for Monday, August 8, 2016

https://caldaro.wordpress.com/

Friday Update

Posted on August 5, 2016

LONG TERM: Uptrend

MEDIUM TERM: Uptrend

SHORT TERM: market surges, DOW +191


The market gapped up at the open today
for the first time in three weeks.

On the surge the market cleared the all time high
at SPX 2178 and continued higher.

The SPX charts were updated
to display that Int. wave iv ended at 2148,
and Int. Wave v is clearly underway.

Some interesting observations for this uptrend
will be detailed 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