Mounting Pressure For A Big Move In Stocks
A number of different time counts specific to the S&P end up between 11/12/13 and 11/14/13. The recent tops of 10/30/13 at 1773.25 and 11/07/13 at 1774.50 are very close to my projected price target of 1778.00. The market’s current price of 1765.00 is very close to where the market closed on Oct. 30, at […]
Read more...
Is the Luster of the Metals Upon Us?
There is a mounting body of evidence to suggest that once again the precious metals may be primed for significant advances. When price targets collide with time targets, the balance that results is very sensitive and short lived. In other words, good points for entry. The corrective moves of 67%, 65%, and 76% from the […]
Read more...
STOCK MARKET TO ADVANCE
The advances we saw this week in the stock market should continue. A number of cycles tuned specifically to equities touch down tomorrow (09/17/11), and I expect will provide the jolt required of a 3rd wave. Today,I entered long positions at 1210 basis the December e-mini. Since I didn’t see the retracement I was expecting […]
Read more...
Trading With and against the Trend
Whenever you put on a trade, do you ever wonder if you are going with the trend or against it? Or do you simply follow mechanical signals generated by a bunch of indicators and oscillators? Does it make any difference? Leaning heavily on lagging indicators’ signals without understanding which way the market is leaning […]
Read more...
PRELUDE TO COLLAPSE
Examination of the fundamentals for stock prices, indicates some curious alignments setting up with the chart aspects for the same. Tomorrow (09/02/11) marks a critical time target for the indices. Additionally, yesterday’s (08/31/11) top in the September e-mini, of 1229.75 is at least in the ballpark of the key support region I calculated of 1220. Of even […]
Read more...
Current Projection for Equity Markets
Basis the September e-mini S&P, the next major time target I’ve projected is July 31st. This date arrives on a Sunday, so my expectation for a significant transition in the behavior of the market will likely be as of Monday, August 1st. During the first part of last week, I had worked out some overhead […]
Read more...
Signals for 06/13/2011
SELL GOLD This is what John Maynard Keynes would say if he were alive today! A recent article in a financial paper advocated a return to the Gold Standard, and disagreed with John Maynard Keynes’ famous statement “Gold is a barbarous relic”. The financial meltdown of 2008 and the current Middle East turmoil […]
Read more...
Update on time target arrival
In my Webinar presentation last Saturday, I provided some dates that I think will mark turning points for the stockmarket. The next date to arrive is June 12, 2011 (This coming Sunday). Since this arrives on the weekend, I’m anticipating a turn on Monday 06/13/11. Considering the recent trend, it appears the market is likely to […]
Read more...
Preparing for a Winning Trade
The two most important questions I ask myself when I analyze a price chart of any time interval to find trading opportunities are: trend direction (easy to see) and trend strength (critical to know). Knowing the answers allows me to choose one of two basic trade entries. I can either trade with the trend when […]
Read more...