24
MAR
2015

Setup Watchlist: S-USO-TSLA

1. S (Sprint Corp): Long setup Daily time frame: Price has been forming a tight pattern that could have shaped a Bullish Flag Yesterday´s wide range candlestick may be the ignition to a move higher If the Bullish Flag pans out the target could be located in the range of  the...
09
MAR
2015

Setup Watchlist: NFLX-GOOGL-ADBE-SCO

1. NFLX (Neflix): Short Setup I went short last Thursdays Weekly time frame: Rejection at the ATH reached on September with a similar candlestick sequence If price does not hold the support located at 437 the range of the 0.382 – 0.5 retracement should come into play...
10
FEB
2015

XLE: Long Setup Watchlist

Weekly time frame: We could make the case that price completed a Falling wedge (On January 14) Maybe we could count a Zig Zag from the June 2014 high The weekly MACD is displaying a bullish cross Based upon the potential falling wedge odds should favor at least a large...
22
DEC
2014

IWC: Bullish Flag

IWC: Russell Microcap Index Ishares ETF Monthly Time Frame: On October we have a failed attempt to breach the trend line support in force since the 2009 lows. The monthly Hammer clearly denied a reversal. In addition from the March 2014 top a corrective decline could have carved...
12
DEC
2014

Long & Short Setup List

The following themes have a short-term time frame objective LONG LIST: 1. GLD – UGLD Assumption: The preferred count off the November low is  a Triple Zig Zag If this is the case price  should be already involved in unfolding the third wave (C) up I am looking to go long...
30
NOV
2014

SPX: Daily Dark Cloud Cover and Weekly Shooting Star

We have initial evidences of a potential pause of the “V Bottom” rally off the October low: Daily time frame: Outside Day (Dark Cloud Cover) & Exhaustion gap Weekly time frame: Shooting Star VIX jumps 10.44%   On Friday SPX gapped higher but quickly reversed engulfing...
09
NOV
2014

GDX: A Tradable Bottom Should Be In Place

It would be rather premature to talk about a major bottom of a decline that from the September 2011 has burned down the value of the stock with a loss of 75.5%.  I would have preferred a test of the ATL established on October 2008 at 15.86 but instead this week we had a...
13
APR
2014

SPX: Are We Almost Done With The Downside ?

Before analysing the Elliott Wave pattern lets review some technical indicators because in my opinion we are getting close to extreme readings that usually should favour an oversold bounce and even the resumption of the intermediate up trend with one more and probably the last...
06
APR
2014

SPX: So Far the Uptrend Remains Intact

“Don´t Count your Chickens Before they´re Hatched” We have a very aged bullish trend but in my opinion we don’t have yet a confirmation that a new bear market has been kicked off. This trend can still be prolonged but I am confident that eventually during the second...
23
MAR
2014

SPX: Will it Confirm the Double Top ?

My son is playing a tennis tournament so I don´t have much time for the weekly update. I will just iterate the already discussed potential ending pattern of SPX (Elliott Wave exhasution pattern) and suggest that XLF may also be unfolding the same pattern A bearish quarterly OPEX...