thewavetrading.com
11
APR
2014

SDOW (3xShort Dow ETF): DJI Bearish Watchlist

Reason: Potential Inverted Head & Shoulder with theoretical target at 33 In the daily chart below we can see that price has formed a likely IHS, although the right shoulder would look  better if price “works” sideways  a bit more before breaking out. The positive...
03
APR
2014

GLD (Gold ETF): Bullish Watchlist

04/08/2014: Follow up I decided to close the position with a gain of 5%, probably it is an anticipated decision since there is no indication of  a reversal but there are too many gaps which complicate risk management as the stop is too distant from current levels, in addition I...
26
FEB
2014

GDX (Gold Miners ETF): A Pullback is due

03-07-2014 : Follow up The assumed wedge has not panned out, instead price has formed a Triangle If the measured target is fulfilled the assumed wave (A) can reach the 28 area. If this target is hit the following wave (B) should bottom in the range 25.05 (200 dma) 23.91 (Gap...
23
FEB
2014

FAZ (3xShort Financials ETF): Financials Bearish Watchlist

02-24-2014  Follow up:  Invalidated Trade Reason: Potential countertrend rebound that should unfold a Zig Zag ( Extra bonus if an IHS is confirmed) Requirement: Price must hold Friday´s lod. I don´t know how the market will open next Monday hence this setup is on a standby...
09
FEB
2014

SPX: Bulls are Regaining the Upperhand (But not Out of the Woods Yet)

(Weekly Analysis) From the November 2012 low, fourth time, the 27-week moving average has acted as support preventing a larger decline. As well the weekly hammer with the low of the tail at the 0.5 retracement of the advance from the October low is suggesting that at least the...
20
OCT
2013

WEEKLY ANALYSIS 1020

I EXPECT A PULLBACK Bulls are pushing through the trend line of the assumed Ending Diagonal. If next week price is not rejected at the weekly upper Bollinger Band the discussed Ending Diagonal will be most likely invalidated.
02
OCT
2013

SPX: Follow Up of the Short Term EWP

A SHORT TERM BOTTOM IS POSSIBLE BUT THE CORRECTION IS LIKELY NOT OVER Yesterday´s solid performance (Monday´s gap down has been closed) following Monday´s Hammer is inductive of a potential bottom (In my opinion the wave A of a Zig Zag)
29
SEP
2013

WEEKLY ANALYSIS 0929

THE PATTERN FROM THE SEPTEMBER 19 HIGH IS NOT OVER An Engulfing candlestick has followed the “FOMC” weekly Shooting Star. It could have got worse if bears would have achieved to close the weekly gap at 1687.99 However despite the weekly negative price action bulls were able to...
27
SEP
2013

SPX: Follow Up of the Short Term EWP

THE SHORT-TERM LOW IS DOUBTFUL Despite ending the 5 consecutive days of losing streak, yesterday´s candlestick, a shooting star, suggests that bulls do not have much confidence in the sustainability of a bounce.
25
SEP
2013

SPX: Follow Up of the Short Term EWP

SPX: ANOTHER DOWN LEG SEEMS IMMINENT Yesterday bulls failed to materialize a bullish set up.