JHomann

JHomann Updated 

a slightly more bullish picture.

JHomann Updated 

I think that the market has currently burned it's fuel, meaning it bottomed. Compare the current pattern to the October 1987 crash and you will notice the similarities. Economic numbers are looking strong. We can find a nice channel structure with a 5-wave Elliott wave pattern in the descent, helping us to gauge potential resistance for the counter move....

JHomann

Here is my analysis. Ingenious or BS. Time will tell :)

JHomann

might keep going up. Good earnings helps the drift. but watch out for overhead resistance!

JHomann

This attempt tries to take more factors into account.

JHomann

Possible end of Impulse Wave

JHomann

Possible end of Impulse wave

JHomann

bearish alternative

JHomann

possible continuation triangle

JHomann

the graph says it all

JHomann

extended Elliott wave??

JHomann

I am new to this, so don't take my word for it.

JHomann

a graph I made for a friend

JHomann

Strong upwards trend with several flags.