Tag Archives: False Bar Stochastic
Market Open, Sep 19th: STSI
STSI is moving. It’s Daily Trend Model will reverse Long @ $4.43, but under the hood things are really heating up: This is a very bullish looking Hourly Trend Model in and of itself. In addition, the suggested EW pattern [More]
SPX 30 Minute
There is a lot of information in this SPX 30 minute chart. First, the Elliott Oscillator (lower indicator) is confirming the EW count by showing a decline and divergence in momentum, i.e. new price highs versus lower oscillator peaks. Next, [More]
Taking the next swing
This is the chart that is most prominent on my screen going into the final two hours of trading today: Tom Joseph, creator and developer of Advanced GET, showed me in his office in 1995 how these set-ups work. He [More]
TAGS: False Bar Stochastic, Tom Joseph, trading
GS
We’ve had a few whipsaws with GS over the holidays, but assuming that manipulation is done with, this may be a good Wave 5 Sell Signal. Note how on the Daily chart (right) prices “kissed” the trend line and have [More]
TAGS: False Bar Stochastic, GS, Sell Signal
Market Close, Nov 3rd
Las night’s Elliott Wave Short-Term Update noted that recent upward retracements of initial downswings have been unusually long before leading to the next move down. So it was the case today, with the counter-trend rally hitting the Fibonacci 61.8% retracement [More]
The Case for 1,000 Point Decline
The set up below is for a Wave 5 Sell Signal once the False Bar Stochastic turns down from over-bought, still a few 60 minute bars away from possibly being triggered. There is of course no guarantee the set-up will [More]
TAGS: False Bar Stochastic, IPO, Sell Set, Sell Signal
Trend Following and Elliott Waves
Trend Following and Elliott Waves The trading system being espoused here is Trend Following, so what’s the deal with all of the Elliott Wave charts? “The Elliott Wave Principle is a form of technical analysis that traders use to analyze financial market cycles and [More]
SLV – Wave 5 Sell Signal
The False Bar Stochastic and Elliott Oscillator suggest a few more days are needed, but I would take the break below the auto-trend regression channel as “close enough.” Trend has been SHORT since about 38, so this signal would only [More]