344 replies to this topic

[Snippit]

Copper ($US/lb)

This weekly overview of copper futures sees indication of the commence of Primary wave [3] of Cycle III. This can also be a minor upturn within a slow-moving sideways extension of Primary wave [2]. Correlations between resource sector constituents appears eroded. 

https://wavecount.bl...opper-uslb.html

 

 

 

ignorantia sit beatitudo

 

[Snippit]

UK100, Monthly

The monthly data for the UK100 during the last decade or so is seen to produce a completed Cycle degree pattern of five Primary waves. However the pattern can only be counted as an ending diagonal. But this fits with the more general view of western indices where Cycle wave V is seen as either complete or in the final stage of completion. This is the completion of a Supercycle. The correction target is typically the end of the 4th wave, being point IV.

 

 

https://wavecount.bl...00-monthly.html

 

 

manere tranquillitas

 

 

[Snippit]

The JSE Resources Index has largely confounded the naysayers since the turn in 2016. Here we see that a message in a bottle is translated from the original Elliott-skrit. It says a whopper of a wave 3 of wave (3) is imminent. If only the unwarranted interference would be told to stand down for a while. Maybe some Christmas holiday fever will do just that. But the chart is adamant whilst hopefully immune from being bipolar.

 

https://jsecharts.bl.../blog-post.html

 

 

 

disiunctionis ramorum

 

[Snippit]

S&P 500 Index (updated 8th Nov)

The recent price action gives the ending diagonal option further credibility.

 

Tariffs gonna roll back to square one and Trump gonna say sorry. Sure he will. 

Mr Bloomberg and his friends always gets it right.  Yippie Ki Yoyo!

 

https://wavecount.bl...-500-index.html

 

 

nuces sunt tibi?

 

Edited by Snippit, 08 November 2019 - 10:24 AM.

[Snippit]

S&P 500 Index

The S&P 500 has repeatedly refused to obey the local customs for projection.
But when all the refusals are exhausted the projection will still remain. And we have been repeatedly shown what to expect as soon as the punch bowl is taken away. Rumor has it that the longer they take to admit their insanity, the more insane the markets are going to be.

 

https://wavecount.bl...-500-index.html

 

 

ursi sub aqua natantes

 

[Snippit]

JSE, Anglo American

Anglo produces a double zigzag (5-3-5-3-5-3-5) ensuring alternation between corrective waves of Intermediate (2) and (4) of Primary wave [3].

 

https://jsecharts.bl...o-american.html

 

 

redde introeuntibus vobis

[Snippit]

Going up or going down?

 

 

cadens

[Snippit]

S&P 500 Index
The chart indicates the progress of the bear trend which is assumed Cycle degree (but can be one order above). Intermediate (A) is underway with the Minor C wave active. So far the Minute [a] and [b] waves have completed and now the commence of Minute [c] is indicated to be highly probable. 

https://wavecount.bl...-500-index.html

 

 

id effundite in sentinam

 

[Midas1]

Well my prediction re dow was totally wrong yesterday after Brexit delay...somehow I still have no faith us markets will stay up there...us housing today...possible fed cut next week which may help them..but surely people are starting to think us economy being propped up...commodity other than gold strong today...I still haven't written gold off for bounce up at some point..I wouldn't buy into s and p at this level...

[Midas1]

Wondering how Brexit delay will affect dow and us markets etc..I'm thinking us and Dow etc stronger Monday but unsure

[Snippit]

 S&P 500 Futures

The ongoing denial of the chart is quite amusing. Wishful thinking rules it seems. Signs accumulate to indicate that the Fed props are giving way to the realization of the pretentious accounting practices and economic malaise.

 

https://wavecount.bl...00-futures.html

 

 

ter abneges

 

 

[Snippit]

Copper Futures, HG

HG weekly chart has a prospective 3-3-3 pattern for Primary wave [2] and finds the 61.8% retrace with a positive divergence and bounces like a ball of veal.

 

https://wavecount.bl...futures-hg.html

 

 

fac totum

[Snippit]

JSE, BHP Billiton

Daily BHP demonstrates near synchronous waving, now it retests the well-defined support with a typical positive divergence in its step.

 

https://jsecharts.bl...p-billiton.html

 

 

accessus et recessus

 

 

[Snippit]

S&P 500 Futures Index

This 4-hourly chart for the S&P 500 Futures index reveals the simple elegance of the commencement of the long-awaited bear trend. The stunted C wave invites a zigzag extension of the B-wave pattern in this apparent Intermediate (A) wave.

 

https://wavecount.bl...ures-index.html

 

 

tata ursa

[Snippit]

 S&P 500 Index - Double Trouble

 This 4-hourly chart of the S&P 500 index looks at the rising wedge patterns.

 

https://wavecount.bl...le-trouble.html

 

 

qui utrumque valeat arguere et reversus ferit

 

 

Crash Test

 

[Snippit]

 Nikkei 225 Index

The Nikkei is seen to have moved into the Intermediate ( C ) wave of the expected Primary [A] wave of the Cycle degree correction. This index has already seen a 19 year Super Cycle degree correction from 1990 to 2009. The expected target is [4].

 

https://wavecount.bl...-225-index.html

 

 

cete interfectores

Edited by Snippit, 30 September 2019 - 10:15 AM.

[Snippit]

DXY weekly:

 

 

hic primum

 

 

[Snippit]

Copper ($US/lb)

The $US price action for copper is looking to commence Primary wave [3] and as such is lagging gold and silver by close to a year. This weekly chart also describes the 5 year cycle degree correction of resources between 2011 and 2016.

 

https://wavecount.bl...opper-uslb.html

 

 

aeris carinis

[Snippit]

US Dollar Index, DXY - The End is Nigh

This daily chart for DXY plots the course of the Primary [B] wave and once again prospectively discovers the long lost appearance of a conclusion. At the very least, the end is now closer. 

 

https://wavecount.bl...nd-is-nigh.html

 

 

 

illum turgentis sanie

[Snippit]

JSE, STXRES, Satrix Resources Index

The hourly STXRES index chart has probably reversed trend into Primary wave [3]. The count points to a commence of Minor wave 3 of Intermediate wave (3) of Primary wave [3].

 

https://jsecharts.bl...rces-index.html

 

 

But you knew that already. (The coloured bands belong to the Andrews Pitchfork tool)

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