Get Regular Updates of the US Stock Indices SPX – When This Corrective Rally May Stop? Tonight I have posted a video “S&P 500 – The Big Picture – When We Will See a Pullback in the Market?”. On the Model chart below you can see that I count the
Subscription: Access to Micro Counts of US indices ES – micro – as long as 2,870 support holds it can make one more push to 2,900 – 2,910 If I look zoom-in to 4,500 tick bar chart and look at the rally off the low made on 3 June 2019
Subscription: Access to Micro Counts of US indices ES – Daily – this rally makes me very bearish Folks, you know I believe that each wave has own characteristics because every wave has its own composition of investors with different personalities.And that is why different waves have different “look”. The
Subscription: Access to Micro Counts of US indices RTY – nice rally produced by our Inverted Head and Shoulders long setup On 3rd June 2019 I wrote: “It looks having completed a large corrective wave ( iv ) down after a strong rally in wave ( iii ) up.As long
Subscription: Access to Micro Counts of US indices RTY – Potential Inverted Head and Shoulders Seems like RTY is the first index to complete the first move up off the low in wave a up.This a-b-c down structure looks like a corrective wave b down making a new higher low: RTY –
Subscription: Access to Micro Counts of US indices RTY – a nice rally off a good looking bottom Nice start off a good looking bottom! Can only repeat what I wrote yesterday: “RTY has held over the critical support at 1,449.60 It looks having completed a large corrective wave ( iv )
Subscription: Access to Micro Counts of US indices RTY has held over the critical support at 1,449.60 It looks having completed a large corrective wave ( iv ) down after a strong rally in wave ( iii ) up.As long as it holds over 1,449.60 we may expect a rally
Subscription: Access to Micro Counts of US indices TVIX – no support in sight for this drop Again and again TVIX proves to be our most reliable sherpa guide in this market.I kept telling you last week it was bearish. That contributed to my bullish bias about the market.Looking at TVIX now I still
Subscription: Access to Micro Counts of US indices TVIX – the bigger picture is bearish I keep sending your bearish report on TVIX. I think TVIX topped in a corrective wave ( b ) up and has started decline to a new all time low in wave ( c ) down. There are
Subscription: Access to Micro Counts of US indices TVIX – corrective rally looks complete One of the reasons why I can not get super bearish is the way how TVIX looks like.It kept pushing higher in an ugly structure nowhere close to a five wave fractal. I clearly get a-b-c up structure
Subscription: Access to Micro Counts of US indices TVIX looks having topped TVIX topped where we expected it to top in a corrective looking a-b-c structure. It looks like a complete perfect corrective wave ( b ) up. And from here it may start an impulsive decline to a new lower
Subscription: Access to Micro Counts of US indices TVIX played out my script Yesterday in my report about TVIX I wrote: “TVIX can easily stretch to 50% retracement at 26.21. Again, it does not have to go higher again because it has made a clean corrective a-b-c move up.The demand zone starts under
Subscription: Access to Micro Counts of US indices RTY has held over the critical support at 1,449.60 It looks having completed a large corrective wave ( iv ) down after a strong rally in wave ( iii ) up.As long as it holds over 1,449.60 we may expect a rally
Subscription: Access to Micro Counts of US indices SPX – a perfect textbook LONG setup This is how a perfect textbook LONG pattern should look like. Ingredient 1. You have a strong rally in wave ( iii ) up ( topped at 2,954.13 on 1 May 2019.Ingredient 2. Off the top
Subscription: Access to Micro Counts of US indices ES – we may get a corrective rally in wave ( iv ) up If we look at 90 min chart ( below ) we can see ES may stretch lower in the current wave ( c ) of ( iii )
Subscription: Access to Micro Counts of US indices ES – keeps moving lower as expected No change in the count, we wait for ES to dive into the Green Target Box.The sweet spot is 2,793.50 but even 2,798.50 is a good target. At least I would cover shorts there. ES
Subscription: Access to Micro Counts of US indices ES the bearish setup is alive The rally off the low made at 2,820.75 last Friday looks ugly. Exactly how a corrective wave b up is supposed to look. It stretched to 2,841.25 but could not reach to the top of wave
Subscription: Access to Micro Counts of US indices ES – stop for a bearish count is 2,840 At this point wave b up looks completed and wave c down looks having startedI would set a stop at 2,840. If bulls manage to take out that resistance that would decrease probability
Subscription: Access to Micro Counts of US indices ES – maintain bearish bias As I noted in the previous update, I expect another drop in wave c of v down.We keep watching the very same triple three corrective structure started off the top made on 1 May 2019.We are left
Subscription: Access to Micro Counts of US indices TVIX topped in the Red Target Box TVIX topped where it had to. Right at 123.6% extension of wave a up. I count that a-b-c off the low as a corrective bounce in a corrective wave ( b ) up and I expect
Subscription: Access to Micro Counts of US indices TVIX opened right into the Red Target Box TVIX opened at 25.05, right into the Red Target Box, completing a corrective a-b-c off the low.From here it may start another impulsive decline to a new all time low. TVIX 3500 tick bar chart
Subscription: Access to Micro Counts of US indices TVIX – this move up still looks corrective TVIX has been nicely following my count. I expected it to rally in wave c up and it obeyed.But in full accordance to my expectation, that a-b-c move up off the low made at 20.60
Subscription: Access to Micro Counts of US indices TVIX may deliver that rally in wave c of ( b ) up I keep counting the move up off the last low made at 20.60 on 22 May 2019 as a corrective wave ( b ) up setting a stage for
Subscription: Access to Micro Counts of US indices TVIX – we have got an expected wave b down We have got wave b down, as predicted yesterday. Please note that this b down is structured as an expanded flat structure where a corrective subwave b up managed to make a higher high over the
Subscription: Access to Micro Counts of US indices TVIX tries to tell us something, lets listen TVIX shows that it is not a reversal down in ES but rather a pullback before another big rally to new all time highs over 3,000.Looking at TVIX we see that it can deliver
Subscription: Access to Micro Counts of US indices ES – still expect another decline to make a lower low under 2,800 We keep watching the “Triple Three” corrective fractal started off the top made on 1 May 2019. To complete that fractal we should get an extension of this decline
Subscription: Access to Micro Counts of US indices RTY – still hold over support and keep a bullish count alive As long as RTY holds over 1,449.60 I can count this drop as wave ( c ) of ( iv ) down.It has a structure which is very close to get completed.
Subscription: Access to Micro Counts of US indices RTY – still looks bullish RTY futures still hold over its important support at 1,497. But even if it breaks under its support 1,497 there still be a bullish red alternative count where ( a )-(b)-(c) down off the top of the wave ( iii
Subscription: Access to Micro Counts of US indices RTY – this drop is stronger than I expected Overnight RTY dropped into the Green Target box.It would have been good news if the the last segment of that drop was not that strong.If you are long I would set a stop at 1,516.70.
Subscription: Access to Micro Counts of US indices RTY has a clean LONG setup in the making On 45 min chart (below) we can see a clean complete corrective a-b-c down of the wave ( b ) down. RTY – 45 min chart updated at 6:30 PM on 5/19/2019 That
Subscription: Access to Micro Counts of US indices RTY another decline in wave c will be a LONG setup My primary scenario remains the same, I count a corrective wave ( b ) down complete and I count the rally that followed as a start of wave ( c )
Subscription: Access to Micro Counts of US indices RTY another decline in wave c will be a LONG setup My primary scenario remains the same, I count a corrective wave ( b ) down complete and I count the rally that followed as a start of wave ( c )
Subscription: Access to Micro Counts of US indices ES – retraced 50% of the wave iii down ES retraced 50% of the wave iii down. That is a fairly common retracement level for a corrective wave iv up. The bearish expectation for wave v don to another low is still
Subscription: Access to Micro Counts of US indices ES no change in the count I still count spike into the top this morning as a corrective a-b-c up structure in wave iv up and expect wave v down targeting a new lower low under 2,800. That final move down would complete
Subscription: Access to Micro Counts of US indices ES corrective wave iv up looks complete ES played out an a-b-c pullback up into 50% retracement of the preceding drop in wave iii down.This break of the up looking channel is a good sign for bears. ES – 4,500 tick bar
Subscription: Access to Micro Counts of US indices ES – playing an expected corrective bounce in wave iv up ES – 4,500 tick bar chart at 9:30 PM on 5/23/2019 Disclaimer Previous posts:
Subscription: Access to Micro Counts of US indices ES is dipping its toes into the Green Target Box Again, ideally ES is about to hit the target for wave iii down. That bottom may produce a pullback up to 2,825-2,828 in wave iv up. And then we may get another
Subscription: Access to Micro Counts of US indices ES – no bottom on sight yet ES keeps doing what we wanted it to do, keeps moving down. But I still focus on the area under 2,800. And that could be only a bottom of a micro wave iii down. No
Subscription: Access to Micro Counts of US indices TVIX – potential super bullish setup for volatility Folks I want to show a potential bullish setup for volatility. Off the low we made at 18.67 on 23 April 2019 we have got an a-b-c up pullback.There could be two options to count
Subscription: Access to Micro Counts of US indices ES – the same bearish picture My count for ES is unchanged. We have wave i down followed by a corrective wave ii up.The next one should be a drop in wave a of iii. I am focusing on 2,795, 123.6% extension
