FEBRUARY S&P 500 TARGETS TARGETS S&P500 THERE IS A POTENTIAL FINAL UPSIDE HIGH OF ~3200 (See Below) BY YEAR END 2018 It will take most of 2018 for the Long Term EMA’s to “Band” & “Cross”. This would suggest high levels of volatility throughout 2018 The Elliott Wave Count suggests that a final wave in […]
TRIGGER$ February 2018
FEBRUARY ELLIOTT WAVE: THE FORM OF THE ANTICIPATED INITIAL BOUNCE IS CRITICAL Finding Near Term Support A Potential Final 5 Wave UP Leg Ahead – ALTERNATIVES: A Fib Retracement, Double Top that fills the GAP or A final Wave 5??? (Shown Below)
FEBRUARY UPDATE: INITIAL PRIMARY SUPPORT FOUND AT 12 MMA
S&P 500: 2011 CHANNEL OVERHEAD RESISTANCE TOO MUCH!
FEBRUARY 2018 UPDATE: POST 2008 BOUNDARY CONDITIONS We are currently testing the 200 DMA as INITIAL SUPPORT.
EXPECT THUNDERING BULL INVESTOR SENTIMENT TO SOON CHANGE! “Thundering Bull Herds” often change direction abruptly when something scary and out of the ordinary occurs. If the “ordinary” and “expected pattern” of buying the dips fails to materialize this could get nasty in a hurry! An historically overbought market does poorly when extreme sentiment weakens […]
INVESTOR INTELLIGENCE: HISTORICALLY HIGH LEVELS BEGS THE QUESTION WHO WAS LEFT TO BUY? Who is left to buy? Who has any cash left to invest with (Spoiler alert: Central Bank will pump more out)