spchang88.blogspot.com
Trend Follower
http://spchang88.blogspot.com/2010/08/based-on-clearly-waning-and-diverging.html
Using Elliott wave theory and candlestick pattern to identify a trend in stock market. Monday, August 2, 2010. Posted by trend followers. Subscribe to: Post Comments (Atom). Free delayed intraday chart. Slope Of Hope with Tim Knight. Saturday Sector: Finance/Real Estate. Daily Market Commentary: Small Gain. The silver linning carries on. Boston Wealth Management, LLC - An Investment Advisory Firm. The Chart Pattern Trader - Home. The S&P 500 spiked to 1081.58 at todays open, whi.
spchang88.blogspot.com
Trend Follower
http://spchang88.blogspot.com/2010/07/stock-market-has-started-next-phase-of.html
Using Elliott wave theory and candlestick pattern to identify a trend in stock market. Saturday, July 17, 2010. The stock market has started the next phase of decline. This leg should be a third wave at several degrees of trend, which means it will be persistent as it draws prices lower in the coming weeks. This week's highs should not be exceeded or the near-term wave structure will need to be reassessed. Whenever the market decides to bounce near term, we'll try to identify the end of the rise, which w...
spchang88.blogspot.com
Trend Follower
http://spchang88.blogspot.com/2010/07/after-one-day-countertrend-rally-stocks.html
Using Elliott wave theory and candlestick pattern to identify a trend in stock market. Wednesday, July 21, 2010. After a one day countertrend rally, stocks are back on track toward lower levels. Today's highs should not be exceeded according to the wave labels that we present on our charts this evening. Posted by trend followers. Subscribe to: Post Comments (Atom). Free delayed intraday chart. Slope Of Hope with Tim Knight. Saturday Sector: Finance/Real Estate. Daily Market Commentary: Small Gain. Next w...
spchang88.blogspot.com
Trend Follower
http://spchang88.blogspot.com/2010/08/markets-main-trend-remains-down_16.html
Using Elliott wave theory and candlestick pattern to identify a trend in stock market. Monday, August 16, 2010. The market's main trend remains down. Today's weak bounce occurred on the lightest NYSE volume of the year. Once the current countertrend rise exhausts, prices should continue to decline toward significantly lower levels. Minimally, the August 11-12 open gap at 10,378.80 in the Dow and 1089.47 in the S&P should be filled. Posted by trend followers. Subscribe to: Post Comments (Atom). The silver...
spchang88.blogspot.com
Trend Follower
http://spchang88.blogspot.com/2010/08/stocks-remain-at-forefront-of-sizeable.html
Using Elliott wave theory and candlestick pattern to identify a trend in stock market. Friday, August 20, 2010. Stocks remain at the forefront of a sizeable decline. Near term, this afternoon's bounce is either over or will end early next week and lead to the next leg down. Prices should rapidly approach the July 1-2 lows, with greater bearish potential. Posted by trend followers. Subscribe to: Post Comments (Atom). Free delayed intraday chart. Slope Of Hope with Tim Knight. The silver linning carries on.
spchang88.blogspot.com
Trend Follower
http://spchang88.blogspot.com/2010/08/wave-formation-as-well-as-accompanying.html
Using Elliott wave theory and candlestick pattern to identify a trend in stock market. Wednesday, August 4, 2010. The wave formation as well as the accompanying technical condition continues to indicate that the rise since the first days of July is close in time to reversing. Fifth waves are almost always weaker in technical strength than third waves and the current set of fifth waves fits the bill. NYSE as well as S&P 500-0nly breadth has made a lower high and NYSE daily volume has steadily contract...
spchang88.blogspot.com
Trend Follower
http://spchang88.blogspot.com/2010/08/market-is-advancing-on-weakening.html
Using Elliott wave theory and candlestick pattern to identify a trend in stock market. Monday, August 9, 2010. The market is advancing on weakening technical underpinnings and is very close to completing a countertrend rally. A significant secondary peak should form soon and be followed by a sharp decline to new lows on the year. An ending diagonal triangle should be in its last subdivision, wave c of (v). Wave c would equal wave a at 10871 which makes this a potential target, though the advance has ...
spchang88.blogspot.com
Trend Follower
http://spchang88.blogspot.com/2010/08/markets-main-trend-remains-down.html
Using Elliott wave theory and candlestick pattern to identify a trend in stock market. Friday, August 13, 2010. The market's main trend remains down. The wave structure indicates that a sharp selloff is unfolding that is far from complete. Minute wave i (circle) of Minor wave 3 is developing (it might be Minuette wave (i), but it does not matter for now) and the pattern does not appear complete. The stock market remains a long, long way from a significant market bottom. Posted by trend followers. The mar...
spchang88.blogspot.com
Trend Follower
http://spchang88.blogspot.com/2010/08/s-500-spiked-to-1081.html
Using Elliott wave theory and candlestick pattern to identify a trend in stock market. Monday, August 23, 2010. Wave (iii) should be a persistent decline that draws prices toward the July 1-2 lows of 9614.30 in the Dow and 1010.91 in the S&P. Our bigger picture wave count indicates significantly lower levels thereafter, but we'll focus on just wave (iii) at the moment. So tomorrow should be a strong down day for stocks. Posted by trend followers. Subscribe to: Post Comments (Atom).
spchang88.blogspot.com
Trend Follower
http://spchang88.blogspot.com/2010/07/under-top-view-of-wave-structure-stock.html
Using Elliott wave theory and candlestick pattern to identify a trend in stock market. Monday, July 26, 2010. Under the top view of the wave structure, the stock market is in the very late stages of an upward correction. The next best view affords the pattern another week or so of rally potential and then a significant turn lower. Under both views, the larger bear-market trend remains in force. Posted by trend followers. Subscribe to: Post Comments (Atom). Free delayed intraday chart. The stock market ha...
