Thursday, 17 January 2019

S&P 500 Index alt

 Wave [i] wants to be a leading diagonal.



S&P 500 Index (actual)

The actual S&P Index concludes an impulsive in which case the B is not to be. 




Tuesday, 15 January 2019

S&P 500 Futures Index

Futures looks like that. A sharper 4 can still transpire if 3 is extending. The door for more bear is nearly closed. 


Sunday, 13 January 2019

ECRI

The ECRI is making good progress following the circa 2008 cycle correction. The completion of [1] is perhaps premature with alternative of (4) at (A)



Thought Processing:
I remember when hip hop clap clap rap rap was a sub-division of pop and the lower order of foul mouth lyrics was a sub-sub-division. Now the gutter is king and every young person learns first how to pronounce mothafucka. These endlessly boring machine made crap crap sounds are the Grammy leaders of today and reflect the new society and its indoctrination towards the brain-dead gutter. George Soros will be proud of his financial influence upon the disintegration process.

Now is not the time to hold a health and safety meeting. What is needed is a super hero straight out of Disney land. Something that can whack things back into shape and give power back via erudite, genuinely worthy, non-corruptible, reasonable-minded people, because the task is now way beyond the ability of mere mortals. Something like Mighty Mouse.

Wednesday, 9 January 2019

CrudeOil, WTI, Futures

Conundrums aside. Back to the bull. Primary wave [3] kicks off with a clearly impulsive pattern for the first minor wave. Once the [iii] completes (now meeting resistance) then [iv] should go down close to (iv) before heading back up to complete minor wave 1 at $54.0 ish. Then the correction of minor wave 2 will look for [iv] and may even target [ii].


The above projections are based on the average typical patterns and constitute a snapshot during a dynamic pattern development. A momentary guideline can in no way be assured of achieving the apparent target. Constant review is required.

LINK:  Previous chart for WTI Futures



Tuesday, 8 January 2019

Hang Seng, HK50

The Hang Seng produces a plausible impulsive, albeit within typical first wave conundrum material. But if it were easy then everyone would be on the same side of the boat without any life jackets.



Friday, 4 January 2019

$US Index, DXY, Pick A Box

Assuming that one of the counts is correct then direction is a 50-50 bet with a long way ahead whichever way wins. The journey is either to the equator or to the nearest polar cap, so you need to pack your bag accordingly.




LINK:   XAU/GBP Chart

Thursday, 3 January 2019

Brit Gold, XAU/GBP (weekly)

GBP/Gold lays the story on a plate... Min target 1406 typical 1711. 



Wednesday, 2 January 2019

Crude Oil WTI Futures

Crude oil completed Primary wave [1] in 33 months and made a sharp circa 62%, Primary wave [2] retrace to the Intermediate (2) level in just 3 months. The retrace action has also generated a divergence on the daily RSI (14). A historic low appears quite evident.



LINK:   Swiss Index

LINK:   US Dollar Index DXY