Stock Market New All Time HighsStock-Markets / Stock Markets 2014May 31, 2014 – 04:20 PM GMTBy: Tony_Caldaro
For a four day trading week the market did fairly well. It opened at new all time highs on Tuesday. Then made higher highs, with small pullbacks along the way, every day this […]
Stock Market Near All Time HighsStock-Markets / Stock Markets 2014May 25, 2014 – 01:00 PM GMTBy: Tony_Caldaro
The week started with a positive Monday, sold off on Tuesday, then ended within one point of the SPX 1902 all time high. The SPX/DOW were +0.95%, the NDX/NAZ were +2.40%, and the […]
Stock Market Potential Diagonal Triangle Pattern FormingStock-Markets / Stock Markets 2014Apr 12, 2014 – 06:24 PM GMTBy: Tony_Caldaro
A volatile and somewhat disappointing week for the bulls. The week started off with a gap down on Monday, followed by a tradable low at SPX 1837 on Tuesday. Then after a rally to SPX 1873 at Thursday’s […]
I had expected a little more downwards movement to complete a small second wave correction. Price did move lower to complete the correction, but it moved higher first. Downwards movement is finding strong support at the lower edge of the parallel channel as expected.Summary: Upwards momentum should increase. The short term target at 1,297 may be met within about four […]
Yesterday’s analysis expected more downwards movement which is exactly what has happened.Summary: Price should continue to move lower overall with an increase in downwards momentum. The short term target at 1,217 may be met in one day, and the short / mid term target at 1,198 may be about two days away.Click on the charts below to enlarge.Gold is still […]
Stock Market Choppy Start to New YearStock-Markets / Stock Markets 2014Jan 11, 2014 – 07:19 PM GMTBy: Tony_Caldaro
Quite a choppy week. After Monday’s SPX 1824 low we counted seven small waves between SPX 1830 and 1843. Net progress for the week was mixed in the SPX/DOW, the NDX/NAZ was +0.85%, and the DJ World index gained 0.6%. […]
Analysis exactly one month ago expected to see an intermediate degree correction which should last about four weeks and end about 526.Since 6th December, 2013 AAPL has exhibited typically corrective movement in a three wave structure, so far reaching down to 533.60, $7.60 beyond the target. I expect the structure is very close to completion. The target has been recalculated […]
Last analysis expected a fourth wave correction may have been complete. A trend channel was provided for confirmation. We did not get confirmation and price moved higher, remaining just below the invalidation point.The wave count is mostly the same.Click on the charts below to enlarge.Gold is still within a large fourth wave correction at primary wave degree which is incomplete. […]
Stock Market Primary Wave III Rally Over?
Stock-Markets / Stock Markets 2013Dec 15, 2013 – 06:35 PM GMTBy: Tony_Caldaro
After hitting a rebound high at SPX 1812 early Monday the market experienced its first real, (not a point or two), week over week decline since late September. And its largest weekly decline since the last downtrend. For the […]
