Snippet taken from the weekends post
Whilst there are enough gyrations to argue for a possible end to the trend from 1236, its not really done anything to derail the current rally, holding above 1310 can still argue for a small triangle for wave iv, or...Read More »
Snippet taken from a this weekends post.
Short term a minor new high is ideally see to end 5 waves from 12744 to complete wave [c] of an expanded flat pattern for wave B, this idea makes more sense with the other markets such as the...Read More »
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The offer only applies to...Read More »
The recent gyrations over the last 2 months I suspect could be ending an expanded flat. With an expanded flat the [b] wave moves above the origin of wave [a], but the move into the wave [b] highs is in 3 waves, that appears to be...Read More »
The recent gyrations could have ended a small ending diagonal, but unless it breaks down hard below yesterdays low, then there is the possibility of seeing a minor new high for an alternative ending diagonal idea I am watching.
If the current move is a...Read More »
Yesterdays heavy decline appears to be very impulsive, the strength of the move is more fitting with an impulse wave (5 wave decline) and in particular the decline from the BOE news is a “3rd of 3rd” wave. A minor new low is still needed to...Read More »
A new high counts best as a possible 5th wave to an impulse wave, whilst its possible to force a completed pattern, the decline yesterday is in 3 waves, so new all time highs would be a much better fit to this current idea and complete...Read More »
The relentless trend from the Feb 2016 could be close to a pause on some tech markets. Particularly the NDX and COMPQ. Both markets can suggest the trend is close to ending either wave  or wave  from the Feb 2016 lows. Personally I think...Read More »
New highs on this stock need to be watch very carefully if you own this stock as I suspect it can potentially end a large impulse wave (5 wave advance) from the Aug 2015 lows. The prior spike was a thrust from a triangle, at the...Read More »
A minor new high potentially ends a larger C wave of a zigzag correction, if you hold this stock you may want to consider taking profits or at least lifting stops towards 124.80 to protect any gains you may have.
The suspected ABC rally from the 2016...Read More »