Poor trading conditions

[theplumber]

I should have said US markets. ES or S&P or Dow. As for Elliot Wave and S&P I have this week as a critical time. Oct 15 could be the top as the 5th wave or I see Aug 6 as the start of wave 3 up into Dec 1-10 time frame.

[theplumber]

S&P hit my target of 1043 with a little left over. The only problem was the entry, happens when I get strong signals. The easy money has been made and will look to either short or just wait for a good buying point. I'll take a chance and just look to short any rally Wednesday. Target minimum 1030 or 10 points from here.

Originally posted by theplumber
Now the future

[theplumber]

So much for shorting, looks like buy any weakness til Friday. The Square of 9 can be used to day trade, as the example shows.

[theplumber]

Friday's here and it's a big day. It's either the start of something special or the beginning of the end. The chart is almost the same as one I showed in another forum but this time with 385 cycle days added. That adds up to 55 week cycles and is part of Gann death zone for any rally or decline. The pattern is high-low-low and if it plays out then this could be a high. Of course my contention is it ended Oct 2002 and the rally pushes up into Dec 1-10 cycle date time frame, but I must respect the past and how accurate it has been.

[fabrizio]

Christopher

As usual my honest appreciation for the level of your works.

Once more, through slightly different approaches in tools but similar in background, we got to same point.

And yes friday with no real direction and not getting the new max is an important day .

Pages 315 and 58 of original edition of How to Make Profits .

Maybe you'll be better than me in gettin the right clue for the week....

He knew the swing ratios for sure.