The TradingEdge

[blacktruck]

First post concerns my SPX charts. Currently a possible edt evolving in the c position of the 4 th wave lower of an A of an expanding triangle.

First chart is the current 60..




Notice the 5 of this edt would produce an expanded flat. Trying to find the exact pivot would point at 1079 if we did a .236 expansion leg or 1090 if we did a .382 expansion leg..



This is the look I am expecting...



Going to a short term daily...I am looking for the 200 day to pull up to the 1000+ if the index crawls up towards 1079-1090 this coming mon-tue-wed



This chart attempts to use to cycle lines as a timing aide..



The weekly......which should put in a red inverted hammer this week...




The monthly



gl
bt