Replies to post #192929 on Triple 000 and Sub-penny Chart Plays

[trader53]

S&P 500 - for Wednesday, July 17, 2019




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WEEKEND UPDATE:


Posted on July 14, 2019

by christine caldaro


https://caldaro.wordpress.com/

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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=149287770

https://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=5&mn=0&dy=0&id=p7587581294c

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The 2018-2019 Bear Market
resembles the
1990 Bear Market

The 2018-2019 Bear Market has Bottomed

Major Wave 3 - Now underway.

Keep in mind
we are in a Secular generational Bull Market,
and we are not expecting it to top
until the early 2030’s




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LONG TERM: Uptrend


In the US the long term count remains unchanged.

Super cycle SC2 low March 2009.


Primary I
high
May 2015,

and

Primary II
low
February 2016.

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Major Wave 1
high
October 2018

Major Wave 2
low
December 2018

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Intermediate wave i of Major 3
is now underway
and is subdividing into Minor waves

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Minor waves 1 and 2
completed by the first trading day in June
and
Minor wave 3
has been ongoing since then

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The 2019

Minor Wave 1
and
Minor Wave 2

resembles the

2012

Minor Wave 1
and
Minor Wave 2

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The 2018

Major Wave 1
and
Major Wave 2

resembles the

2011

Major Wave 1
and
Major Wave 2

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MEDIUM TERM: Uptrend


Not much has changed this week
as the uptrend continues to extend
reaching all-time highs
now at 3014.

We’re still cautious
that a more significant pullback
could occur at any time,

but the market keeps pushing
through our short term targets and pivots.

The first logical target
for Minor wave 3 completion
remains at 3300.


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SHORT TERM:


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Best to your trading!

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Stock Scores Chart Links
https://www.stockscores.com/charts/charts/?ticker=%24SPX
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=3&mn=0&dy=0&id=p16291900332



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