Triple 000 and Sub-penny Chart Plays

[trader53]

S&P 500 - for Thursday, October 18, 2018




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https://caldaro.wordpress.com/

Wednesday Update

Posted on October 17, 2018

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The Kick-Off Months in the OTC - Jan/Feb - Jun/Jul

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137701925

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LONG TERM: Uptrend

A New Bull Market - Primary III Underway

We are currently expecting SPX 3,053




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In March 2009 the great recession and SC2 ended.

From that low, a new 70-80 year SC3 began.

The first bull market of SC3 was 2009-2015,
and first bear market 2015-2016.

We have labeled them as Primary waves I and II.

The bull market currently underway
is part of Primary III.

The US market is currently in a long Cycle wave 1
of the new Super cycle.

Each of these bullish cycle waves
are created by five Primary waves.

Waves within waves, greater to lesser:

Super cycle, Cycle, Primary, Major, etc.



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From the early 2009 low
the market unfolded in a 6-year bull market
until mid-2015.

We labeled that Primary I of Cycle 1.

Then there was a short bear market into early 2016,
which we labeled Primary II .

From that low a Primary III bull market began.

Historically,
third Primary waves,
in long cycle waves, are 15+ years in length.

This suggests the current bull market
is only Major wave 1 of Primary III,
as labeled.

Our target for the current bull market,
since mid-2016,
has been SPX 3053 by 2018



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Longer term
the 2016 Major wave 1 bull market continues.

Four of the five Intermediate waves
that create a Major wave bull market
have already completed.

Intermediate waves i and ii
ending in the spring of 2016,
and Intermediate waves iii and iv
ending in the early-spring of 2018.

Int. wave i was simple,
and Int. iii
subdivided into five Minor waves.

Int. wave ii was an irregular zigzag,
and Int. iv was a flat.

A nice and clear pattern
until the choppiness in recent months.

Nonetheless,
we’re still looking for SPX 3053 by 2018




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In January 2018,

Intermediate wave iii,
(Minor wave 5)
counting it as Major wave 1 completed,

and an Intermediate wave iv correction began.

We are still expecting at least one more uptrend,
and series of New all-time highs.
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SHORT TERM:

Minute wave iii
has rallied pretty much straight up
since the Minute ii low.

There have been several pullbacks,
but none over 20 points until this last one
from Wednesday’s high.

Thus far from the SPX 2802 low:

2819-2806-2850-2834-2873-2854-2917-2892 ?

It’s clearly a strong advance
as none of the pull-backs
have overlapped the previous high,
and market breadth
has continued to climb to new highs as well.

Best to your trading!

Trade what’s in front of you!

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USD - Futures Charts (Hourly)



GOLD - Futures Charts (Hourly)



S&P 500 - Futures Charts (Hourly)



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USD - Futures Charts (Daily)



GOLD - Futures Charts (Daily)



S&P 500 - Futures Charts (Daily)



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In March 2009 the great recession and SC2 ended.

From that low a new 70-80 year SC3 began.

The first bull market of SC3 was 2009-2015,
and first bear market 2015-2016.

We have labeled them as Primary waves I and II.

The bull market currently underway
is part of Primary III.

We are counting it as Major wave 1









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

LONG TERM: uptrend

This week let’s look at the big picture.
The very big picture.

While published data on the US stock market
only began in the year 1885,
we have been able to piece together,
using secular Saeculum cycles and economic cycles,
how the US market would have looked
from the early 1700’s.

As an emerging growth economy
the US would have not looked anything like
the European markets
that do have stock market data going back that far.
That data was not considered.

From around the year 1700 to 1929
the US experienced a 200+ year
grand super cycle bull market GSC 1

The 1929-1932 crash,
when the stock market lost nearly 90% of its value,
ended GSC 2

While short in time
the crash made up for it in price damage.

A GSC 3 bull market began at that 1932 low.

Within GSC 1 there were five super cycles, approximately:
SC1 1700-1770
SC2 1770-1776
SC3 1776-1850
SC4 1850-1857
SC5 1857-1929

Within the current GSC 3
there have been two completed super cycles,
with the third underway:
SC1 1932-2007
SC2 2007-2009
SC3 2009-xxxx

Since super cycle bull markets last 70+ years,
this SC3 is not likely to top until around the year 2080.

Within each super cycle bull market
there are five Cycle waves.

SC1 of GSC 3 divided as follows:
C1 1932-1937
C2 1937-1942
C3 1942-1973
C4 1973-1974
C5 1974-2007

Notice the Cycle wave bull markets
can be as short as 5 years or as long as 30+ years.

Also note, no matter the wave degree
the bear markets are always much shorter in time
than the bull markets.

Since super cycle bull markets last 70+ years,
this SC3 is not likely to top until around the year 2080.




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