StockSignaler

StockSignaler Updated 

Ran through historical data on AMD and have quite a few signals of interest. The first event is bullish and calls for a move into the larger green box. Typically my signals come with a delay until the final movement is achieved. In this case, my Aggressive Multi-time frame indicator fired based on January 22, 2024 closing price. The signal was bullish, however,...

StockSignaler

Our quick look tonight is at Amazon.com stock. 17 January brought us a bearish signal at the closing price of 151.71. Of the 242 studied similar occasions, the stock successfully reverses downward 95% of the time over the next 10 and 25 trading days. For this instance to be successful, the stock will need to move below 151.71. So far the stock has basically...

StockSignaler Updated 

Early guess of the bottom is between November 2024 and March 2025 which relatively falls in line with the originally projected bottom from July 4, 2022. This is where Cycle B has topped thus far. It was in the larger target area from my December 13, 2023 analysis, albeit at the tail end of the box. Time for the study models. 1 - MOVEMENT EXTENSION STUDY The...

StockSignaler Updated 

Things appear to look good for Cycle C so far, but the top within the next 2 days is crucial to confirm we are in fact in the early stages of Cycle C and Cycle B ended last year on December 28. Looks like Intermediate wave 1 ended last Friday, meaning Intermediate wave 2 could end soon too, if not already completed. The first study is the historical percentage...

StockSignaler Updated 

Once the last theory busted it was a return to the drawing board. I am now postulating we are back in Cycle wave B which I thought had been completed as initially forecasted during the summer 2023 (high was end of July). Not only was 4607 busted a few days back, it was blown out of the water today. What does this mean? With Cycle wave B now being larger than...

StockSignaler Updated 

Since the recent bull move at the end of October began, we have stayed above the same trendline. Not only did the final hour of trading break below that line, it also closed below it. Is this the first indication we have begun Cycle wave C down? Based on the historical quartile percentages, it appears Cycle wave C and ultimately Supercycle wave 2 will bottom...

StockSignaler Updated 

I am bearish again already (surprise)! The terror in the Red Sea could be the tipping point for future economic calamity now that multiple companies have chosen the longer path to market around South Africa. Going on the premise Minor wave 4 dropped with a quiet whimper, we are possibly in the final Minor wave 5 up. First task is to identify potential tops. The...

StockSignaler

Minor wave 3 has possibly ended on cue with the high at the open today. If this holds, next stop should occur quickly with a Minor wave 4 bottom. The historical models of common retracement percentages are on the right. The three maximum models are red at the bottom. The pink levels are the quartiles for the most specific relational data and generally contain the...

StockSignaler

Here is out map of Primary wave 2 to this point. It is unclear if Minor 5 and Primary wave 2 are completed. Now that Primary wave 2 retraced all of Primary wave 1's movement and then some, instead of limiting historical datasets to a ratioed range, I am comparing all similar micro waves where wave 2 moved more than wave 1. Elliott wave theory says wave 2...

StockSignaler Updated 

Hopefully its time to take another crack at forecasting Primary wave 3 down. Wave 2 started strong and managed to retrace 98% of Primary wave 1 down. I began to have doubts we were in the right place. Still would like a drop below my green trendline here: We finally broke well below the yellow and have created a lower low and lower high. These are early...

StockSignaler

With a few more days of data from the last analysis it is time to lay out the next possible paths. The index and markets are very much so overbought. A downturn is coming. No matter what happens this week, December will likely contain the next selloff. Does it continue tomorrow, or can the market find another new high above 4521 first? I will lay these out along...

StockSignaler

Operating under the premise Primary wave 2 was finally finished or will soon, this is the preliminary peak at Primary 3 down. Here is the hourly: I am displaying the daily with the play button so it will be viewable forever on TradingView as the hourly will eventually stop loading (years from now). Things to note, Primary wave 2 was the third largest...

StockSignaler

Last night I posited 3 theories: 1) We are still in Intermediate wave A up 2) Intermediate wave C (and Primary wave 2 up) will end this week 3) The market topped last Friday at the close I went into theories 2 and 3 last night but wanted to dedicate more time to theory 1 which will occur here. I first placed the Minor waves (yellow) where they likely ended. I...

StockSignaler

The movement of the past week has raised many questions as to where the market is which we will attempt to answer in this analysis. The long duration Intermediate wave A, followed up with a quick and tiny drop for Intermediate wave B presented characteristics I have compared to similar historical events. The best way to categorize this pattern is by comparing Wave...

StockSignaler Updated 

Minor wave 4, if it ended was a dud. But the models indicate Minor wave 5 and the Intermediate A top will come quick. The historical models indicate the market can now top as early as the second hour of trading tomorrow. Minor wave 3 is likely already through wave 3 as seen here: Based on a hypothetical top of 4384 the path in the image above outlines the rough...

StockSignaler Updated 

The Minor wave 4 end point will determine if Minor wave 5 (and Intermediate wave A) ends this week. This corrective wave has been tremendous, but possibly too fast. Minor wave 3 thus far has already broken above the preliminary estimates for the end of Intermediate wave A. The initial Intermediate wave A locations were based on the idea Primary wave 2 would last...

StockSignaler Updated 

If Primary wave 1 finally ended, this the preliminary path for the remainder of 2023. The ABC waves are based on common movement and duration if Primary wave 2 is 278 hours long and moves up 307 points which are the preliminary targets. Once Intermediate wave A ends, updates for B and C (same endpoint as Primary wave 2) should be available. These targets are...

StockSignaler Updated 

If Primary 1 finished today, it hit the forecasted mark from here: And here: The original call for the end of Primary wave 1 ending in October was here (August 2 idea #1): However, I knew the bottom of Primary 1 would be a little later than the initial forecast once Intermediate wave 1 was late in hitting the mark. The initial forecast for the end of...