thewavetrading.com
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...
20
MAR
2014

EWW (Mexico ETF): Bullish Watchlist

03-26-2014: Followup ( I am out. Take the money and run) Entry Date 03/20/14; Long 60.84; Stop 59.80 ; Target 51; Exit Price 63.09 (+3.69%); Exit Date 03/24/14 The short-term bullish setup has panned out. On Monday when I sow the formation of a potential shooting star, with an...
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...
01
NOV
2013

SPX: Follow Up of the Short Term EWP

THE CORRECTION HAS BEEN KICKED OFF When price completes a cycle and peaks the warning signals are displayed by breadth and risk on / risk off indicators before the correction begins to unfold.
04
OCT
2013

SPX: Follow Up of the Short Term EWP

WAITING FOR EVIDENCES OF A BOTTOM Three major assumptions:
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.
22
SEP
2013

WEEKLY ANALYSIS 0922

UGLY WEEKLY SHOOTING STAR After soaring to a new ATH on Thursday we had a potential exhaustion candlestick. Friday´s aggressive selling pressure, reversing most of the FED thrust, culminates the week with a Shooting Star.
02
JUL
2013

SPX: Follow Up of the Short Term EWP

THE RISK OF A LARGER DOWNWARD CORRECTION REMAINS ELEVATED Despite the McClellan Oscillator has been exceptionally positive since the June 24 low, we have a positive divergence and a breadth thrust, the internal structure of the advance from the June 24 low and a weekly momentum...