Do we really need such a Muppet in this community? If this guy was a dog in the village it would have been euthanised to the cheers of everyone a long time ago. It just makes this place unpleasant.
Yes I agree.
Personal rubbish.
You know
WOW could make $10
Was $5 not all that long ago.
While I agree that Elliot has a number of
Alternate counts and the goal posts move
From time to time.
I've seen some really horrible fundamental
Calls over the years as well.
Give the guy a break.
Your all like a pack of fundamental wolves.
Your like a school bully Mc Muffin.
which aren't forecasts but actually sentiment experiments with us as the subjects?
I think I just found more reliable indicator to determine short term movements. One is Foolish, working quite good, as they publish newsletters almost each day and at the extreme of the small wave they write of what the opposite must be done.
Another is porper. I will call it a Porper Indicator. Though he claimed that he trades for a living, but this kind of herding and extrapolation of short term moves must leave him hungry. Yeasterday was the confirmation of the wave bottom that ended, as Porper indicator turned bearish, confirming that the rebound is underway.
The best way to determine where and when this rebound ends is to look at the wave structure, read Foolish letters and wait maybe Porper will step out with some bullish forecast as this will be the last highest point to load up on shorts.
Chart is of US Russell 2000
View attachment 64452
Yes I agree.
Personal rubbish.
Looks like I have my very own stalker...I feel like a movie starDifficult to post any analysis though with this guy refreshing pages and replying with nonsense within seconds. I believe he is mentally ill so if the mods think he is good for business I'll leave it to you. Shame it's come to this after over 10 years on here.
Looks like I have my very own stalker...I feel like a movie starDifficult to post any analysis though with this guy refreshing pages and replying with nonsense within seconds. I believe he is mentally ill so if the mods think he is good for business I'll leave it to you. Shame it's come to this after over 10 years on here.
I used to run covert sentiment experiments on HC.
Put him on ignore Porper. You are right he has some issues that he seems unable to control. I suspect he will soon be gone as he just cannot help himself. Its funny how EW attracts some of the real crazies.
Rimtas.
Any reference to earlier posts/views are used as points of reference to facilitate analysis of current views/analysis.
Sometimes it's 5-6 months since that earlier post and it's taken all that time for the market move to play out. Readers will not remember a post from 6 months earlier.
The last analysis was that the XAO had a high probability of finding a low on this leg down in the 4800-5000 zone based on statistical cyclic analysis of price reaching extreme levels relative to excursions away from a nominal trend level. Taking those charts at face value one would expect a rally would carry into September and back up to 5300 and may extend to 5400-5500 based on that cycles work. It may work out or it maybe a dud, but my plan of attack is based around that analysis.
Unlike you we are not chopping and changing wave counts gyrating from bull to bear in this volatility.
Hi Gartley, well we're in the zone you mentioned above, maybe a little over in time but price is spot on.
Im looking for a reversal this week lasting a good 6 weeks or so. Would love to know what your cycles are saying.
Hope your well
Just adding and updating last the last post. The Delta time cycles in that post suggest red point 8 and a possible termination of the rally. These cycle points are only a guide, and whilst sometimes they can be bang on, quite often actual cycle points occur some days/weeks well before (especially if it's a major pivot) and other some other after. This is due to left/right hand translation of cycles.
Taking that cycle point 8 at face value relative to earlier point 8 cycle points it should be 3rd week November.
At this point in time it's probably hard to believe and that is why other methods need to be used to give more confidence.
For me until such time that the cycles are topping on the daily cycles charts as well as price reaching an extreme( both of which have not happened yet), then I will remain bullish. Once these conditions are met then maybe it's time to start looking at the time factor in more detail.
I have attached a chart of the AUS200 showing a potential Gartley pattern setting up on the daily. The pattern is not as symmetrical as I would like, however it does give a probable termination of 5500+ which similar to what the cycles projection suggests.
Just following on from the last post where I posted a developing bearish Gartley pattern on the XAO.
As mentioned in that post this pattern appears to be not symmetrical for my liking, however I posted it anyway because it's potential termination lined up nicely with my cycles termination for this leg up.
I should make a note here and mention that price will reach an extreme at 5500+. We should have some sort of correction, but how much of a correction remains to be seen because there maybe a larger cycle in play of higher degree that is more bullish.
As such as mentioned in that post I will remain bullish despite the correction of this last week. To add weight to this argument I have attached some charts of BHP which is the biggest heavyweight mining stocks. If the conclusion made from these charts is correct we should have a very good 2-3 months on the Aussie market for the miners.
BHP is showing a nice symmetrical bullish Gartley on the monthly chart with good upside potential. And zooming in on the daily chart we also have an inverted H and S pattern that might be developing but need a confirmed higher lower from the the last major low to confirm. All in all I think it maybe a good setup that offers a very good R/R (Risk is only only $1.50 for a potential initial reward of over $7 with a stop just under $21.55.
More importantly the market might have a more bullish tone in the coming months. Ofcourse if the market falls through 21.55 in a big way it's invalidated Time will tell.....
Just following on from the last post where I posted a developing bearish Gartley pattern on the XAO.
As mentioned in that post this pattern appears to be not symmetrical for my liking, however I posted it anyway because it's potential termination lined up nicely with my cycles termination for this leg up.
I should make a note here and mention that price will reach an extreme at 5500+. We should have some sort of correction, but how much of a correction remains to be seen because there maybe a larger cycle in play of higher degree that is more bullish.
As such as mentioned in that post I will remain bullish despite the correction of this last week. To add weight to this argument I have attached some charts of BHP which is the biggest heavyweight mining stocks. If the conclusion made from these charts is correct we should have a very good 2-3 months on the Aussie market for the miners.
BHP is showing a nice symmetrical bullish Gartley on the monthly chart with good upside potential. And zooming in on the daily chart we also have an inverted H and S pattern that might be developing but need a confirmed higher lower from the the last major low to confirm. All in all I think it maybe a good setup that offers a very good R/R (Risk is only only $1.50 for a potential initial reward of over $7 with a stop just under $21.55.
More importantly the market might have a more bullish tone in the coming months. Ofcourse if the market falls through 21.55 in a big way it's invalidated Time will tell.....
Thanks Penn D. I am optimistic it will move in our direction. Thankfully market rally has decided to persist after correction but cycles always suggested it would
Looks like the EW bears have gone into a long hibernation......
Well the dam burst on that pattern. Flooded out the bears from hibernation...
who am i when i trade on the misfortune of others?
Is it all really just numbers on a screen...?
Any of the EW'ers keen to shed some light on where the market is heading / headed? Anyone able to put a chart up with possible market plays? Thank you.
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