S&P 500 update: The market has spoken.

Over the past few weeks I kept you abreast on the different possibilities the market had. See here and here. Some of you “complained” those were “too many options”, but I don’t make those options, the market does, and any Elliot Wave practitioner worth his/her salt will report on the market’s options because EWT is…

DOW suggested today was expected 

Yesterday we provided the below chart of the DOW with our preferred Elliot Wave count. We found nice Fib-extensions for blue (nano) waves iii and (orange) micro 3.  We now expect the market to retrace to the orange target zone for micro 4, before micro 5 can target ~21000.  So far the futures strongly suggest…

DOW update; do all roads lead to 17,050?

Since the chart below is rather busy, I’ll explain it below step-by-step. Note that here the bearish count is shown. Our bullish count has the market in wave ii. However, since it’s always prudent to be conservative, let’s go with the more bearish count until proven otherwise. The 1 month free trial period special has…