dryanhawley

dryanhawley

I have long shared my idea, based on 5 years of backtesting, that Fridays are usually down days and Mondays are usually up days. But since today is Friday and we have just reached new ATH, watch out for selling on Monday, at least until we reach these 4th wave levels, then we can go up on the next 5th wave.

dryanhawley

After Being Bullish for 3 days and riding wave 5 up, we reachew new ATH. These are the brest place to short. new Targets on chart.

dryanhawley Updated 

This is 6 months of every day's Pivot Points. One point I want to make is that buying an S5 or S6 and selling at R5 or R6 is very doable trade, and you really don't need to worry about going outside the S6 ot R6 range, it's a revelation when you accept that fact. Going long here at S6 is literally the safest long there. Selling and Shorting at R6, same thing. ...

dryanhawley

Some keeps pushing the idea that EWT elliot wave theory isn't related to fib numbers... notice that the Profit Targets ar based on Fibonacchi extension numbers

dryanhawley

We had a 4th wave down starting Friday at the open, it unfolded beautifully, counter trend, complex and corrective. This wave has everyone thinking we are going into a big selloff. 4th waves always surprise everyone.

dryanhawley

Take a look at the first ATHs back in February 2022. The NQ went down almost 7,000 points overall, from ATH to Oct 22. We are i the same kind of market now, new ATH happen all the time. Sooner or later, I can't give you a date, too many factors to calcualte and in the end it is when the Market deides... But, sooner or later we enter the next bearish phase, and...

dryanhawley

Elliot Wave Analysis: After we completed 3 sets of 5 waves up between 2010 and 2022 we got 3 waves down, and a wave 4 or D up. Most traders believed we were going back to the 10 year Bull Market, and new ATHs, again. However I pointed out the tripple thrust elliot wave pattern, little known outside of EWT theorists... Let's call it a lower high, and suggested we...

dryanhawley

WE have a multiyear double top. Go back and read my Idea about shorting any and all new ATHs in late 22. I made a lot of money at ATH in 2021. shorting it gets easier riding shorts down in a trending market. I will add more charts later, just notice we have exactly matched ATH.

dryanhawley

I couldn't resist sharing this, out of all 12+ of my overlays this one with Mort Diggidys Renako Overlay ATR Green/Red indicator works the best. Look how it colors allo the candles green to indicate we go up. This is a 3 day chart, so 18 days of buying according to mr Renko.

dryanhawley Updated 

I discovered that PL a precious metal had fallen 100 points and nobody noticed. I posted it as a buy 3 times and teach time it went up 30-50 points 30 points. I didn't watch it for a while, and it had a trading life all on it's own. Now i se it as a huge bargain again.

dryanhawley Updated 

Google AI said that 75% of the time since 1950 the stock market rallies in december. Simplertrading Gurus predicted this would be a BUY month all month. However going back to previous predictions, if you recall after the FOMC FOMO ralley I pointed out that we would have chop, sideways action, regular trading days all along the upper 1/4 of the wave, and once...

dryanhawley Updated 

Tonight, Sunday night in GLOBEX we are seeing selling. As I explained in my last chart I expect us to go UP tomorrow selling is probably like this until the wee hours of the morning when we go UP IMO

dryanhawley Updated 

The elliot waves i have explained on the chart, with fib extenion levels of .127, 1.36, 1.50, 1.62, 1.78, with 1.5 being the mean. there are numbers up to 2.44 and higher... As i have explained before at any instant there is a 50/50% chance of going up or down, all other indicators i have seen, except Squeeze pro, and EWT 80% chance of success. So be ready for...

dryanhawley

The purple box represents the full Diamond Top EW formation, and the recent attempt to go to ATH on November 22 at 06:00 hours I thought this looked like it was rolling over, but i can see a 5 wave EW, elliot wave setup to go up to ATH or at least the last attempt 11/22/23 Based on Elliot Wave Formations i count, and using fib extensions i could see us going to...

dryanhawley Updated 

I am predicting another Bullish monday I have been calling this for months. Investopedia says mondays are down days, and Friday is an up day, and outright lie. I did a multiple year backwards regression test 18 years ago and it has remained true ever since, so Monday we will likley go up very Billishly, add to this we are in a Bullish time of the year, known as...

dryanhawley

A Trader looks at both sides and does not have an opinion on are we going bear or bull today, up or down. We could go up 100 points now to match the actual ATH, or we could continue rolling over in thi arm, spending more time in the S3 area, more selling than before, we will see what unfolds. Nobody knows the probazbly future in advance if they can't read elliot...

dryanhawley Updated 

Back in August I told everyone to short any new ATHs. We have 3 batman's the overall chart showing previous all time highs is a batman, and there are two Batman's inside, the two heads, lower than ears or flowing cape. Trend indicates buying will continue, sideways will continue until it falls, but it is weakening some, spending more time at S3 we may see those...

dryanhawley

on the other hand if we look at a 2 day candle it does look like we are rolling over. Maybe if we get selling on Monday or Tuesday we can start bringing down the market finally. If we really are rolling over it seemed to take like forever and we may only be halfway there, if you consider a graceful, even balanced arm like in the chart.