Danerics Elliott Waves

For a more detailed history of the Dividends4Life site, see the first anniversary post. I will continue to write under the name Dividends4Life. The bottom line is I expect the SPX to close the recent gap down of which today’s prices started to poke into near the close. And after that gap is closed, market players will emerge, and more selling will ensue taking prices down in a Minute of Minor 1 of down. The Satanists need global war and financial system collapse to break down the old system first.

  • Then, seemingly out of nowhere, a third wave can commence with unrelenting violence and speed.
  • It’s hard to believe we suddenly figure out how to solve the next issue in a more timely manner.
  • To me, hence, news is meaningless for indices.
  • Here is an example of a complete cycle in Gold on a small time frame.
  • The Fed is highly dependent on this assumption.
  • I thought this short article was worth posting, considering the current market behavior.

It is nearing the end of a massive cycle and by the looks of it 2014 is going to be one crazy year. Maybe nature is getting very angry that nothing has been resolved on the debt ceiling, government spending front.

Wave 5 has many possible projections, aside truncation or ending diagonal shapes. It is usually in realtion with wave 1 (commonly is equal – 100% of w1 – but 61,8% or 161,8% are not unusual).

  • Welcome to Elliott Wave Trends and charts where we strive to bring the best of all forms of technical analysis out in an easy to read and understand format that can benefit all.
  • In the meantime, there is nothing one can do about it but it will come like winter arrives after fall.
  • Two converging trendlines could be drawn, one between wave 1, 3 and 5 and one between wave 2 and 4.
  • Once the trendline between w2 and w4 is broken , prices go very fast to at least the start of the diagonal.
  • Basically, a poke above 3800 resistance and then a slap down.

Hi, I am a 33 year old part-time trader that started this website as a way to improving my skills as a trader and also sharing my thoughts on the market. I am a follower of the CANSLIM method of investing developed by William O’Neil, founder of Investor’s Business Daily. Dividends Value is dedicated to the process of identifying superior dividend investments using a value-based approach. The site’s focus is on stock analysis, dividend & value education, retirement planning and developing a positive winning attitude in life. Dividends Value was officially launched on January 31, 2009 to transition my Blogger site Dividends4Life to WordPress.

Wave 2

As a result, the top 10% of income earners own roughly 90% of the financial market assets. Bear in mind, the primary focus of technical analysis in general is not predictive capability, but rather to find spots where one can initiate a trade with a stop loss relatively close by. In that regard, the solid trendline above is the place to watch. Wave A is the first countertend move of a correction. The latter case is usually misleading as it often happens to confuse a three waves wave A with a complete ABC correction.

Danerics Elliott Waves

And if this is how peace is brought about, then one must ask, if this is how peace is achieved, it implies that nuclear weapons were actually used as some point. We have 3 counts to consider after today’s market action. Basically, a poke above 3800 resistance and then a slap down. Tomorrow we shall see how convicted people are to buy this market at these levels. My gut tells me if tomorrow is a relatively “flat” open, then selling will commence very hard not creating a mega-gap down.

Wave 4

Our objective is to provide short and mid term trade ideas, market analysis & commentary for active traders and investors. Posts about equities, options, forex, futures, analyst upgrades & downgrades, technical and fundamental analysis, and the stock market in general are all welcome. Browse our guides for more information on Elliott Wave basics, chart notations, and the wave principle.

This goes hand in hand with a short SPX call. UVXY looks to have bottomed ST so I’m trying to get a 5-10% pop on this before selling it.

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Seems the best count at the moment and the open gap at about 3750 will be closed. I was sure the day would end positive but Danerics Elliott Waves the last hour bearish price action that led to all three major indexes closing red for the day was perhaps telling.

Danerics Elliott Waves

Sooner or later, Russia’s pipelines will be sabotaged. Europe is shipping weapons to Ukrainians to kill Russians yet buy their gas from them. At some point it would be logical to blow up the pipelines. I imagine that is being planned for and the “green light” hasn’t yet been given. Do not rule out the use of a tactical nuke somewhere to get the global chaos ball “rolling”. This is when total persecution – The Great Tribulation Jesus spoke of in Matthew 24 – of Christians worldwide will occur.

Re: Nordic’s Account Talk

Lots of people wanting to get out of this market. Higher prices above here should bring out more selling. Of course, if this is the end of the world as we know it, it’s going to break under sooner rather than later. And then once Pooh Bear is “elected” dictator for life next month, he attacks Taiwan. There are 3 waves from pink to Friday’s low which could mean that today was “kickoff” of wave of Minute . Otherwise, the best alt is that Minor 1 of down has occurred.

  • All debt incurred which reduces unit costs of production and promotes productivity is obviously quite often “good” debt, regardless of how it is financed, with new money or existing savings.
  • That is the concern moving into two years from now.
  • It is being fueled by record Fed tightening, bubble valuations, trade wars, and mounting political turmoil.
  • In fact the next issue is right around the horizon and time is running short.
  • Emotions are now reset, and should be free to run this week.

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