Thursday, October 18, 2018 3:02:17 AM
S&P 500 - for Thursday, October 18, 2018
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https://caldaro.wordpress.com/
Wednesday Update
Posted on October 17, 2018
_________________________________________________________________
The Kick-Off Months in the OTC - Jan/Feb - Jun/Jul
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137701925
____________________________________________________________
LONG TERM: Uptrend
A New Bull Market - Primary III Underway
We are currently expecting SPX 3,053
____________________________________________________________
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.
________________________________________________________________
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
________________________________________________________________
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
________________________________________________________________
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.
_____________________________________________________________
_______________________________________________________________
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!
_______________________________________________________________
________________________________________________________________
________________________________________________________________
USD - Futures Charts (Hourly)
GOLD - Futures Charts (Hourly)
S&P 500 - Futures Charts (Hourly)
________________________________________________________________
USD - Futures Charts (Daily)
GOLD - Futures Charts (Daily)
S&P 500 - Futures Charts (Daily)
________________________________________________________________
________________________________________________________________
_________________________________________________________________
________________________________________________________________
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
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
_________________________________________________________________
https://caldaro.wordpress.com/
Wednesday Update
Posted on October 17, 2018
_________________________________________________________________
The Kick-Off Months in the OTC - Jan/Feb - Jun/Jul
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137701925
____________________________________________________________
LONG TERM: Uptrend
A New Bull Market - Primary III Underway
We are currently expecting SPX 3,053
____________________________________________________________
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.
________________________________________________________________
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
________________________________________________________________
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
________________________________________________________________
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.
_____________________________________________________________
_______________________________________________________________
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!
_______________________________________________________________
________________________________________________________________
________________________________________________________________
USD - Futures Charts (Hourly)
GOLD - Futures Charts (Hourly)
S&P 500 - Futures Charts (Hourly)
________________________________________________________________
USD - Futures Charts (Daily)
GOLD - Futures Charts (Daily)
S&P 500 - Futures Charts (Daily)
________________________________________________________________
________________________________________________________________
_________________________________________________________________
________________________________________________________________
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
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
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