samitrading

samitrading Updated 

This weekly series is discontinued and will no longer be updated. The non-seasonally adjusted version of this weekly series is WM2NS, and the seasonally adjusted monthly series is M2SL. Starting on February 23, 2021, the H.6 statistical release is now published at a monthly frequency and contains only monthly average data needed to construct the monetary...

samitrading Updated 

Each 1 $ Invested in 1872 is worth today 1444 $. Not adjusted for inflation.

samitrading

Perfect to the "Bone" , except the stimulus effect !!!

samitrading

101 Elliott wave Invalidation for the blue count Red count will pass the exam, bad grades !!!

samitrading Updated 

This Game is adjusted to 1/4 of Cycle time. Meaning that 20s ABCDE waves took 1/4 of the time of the 70s ABCDE waves. This "Game of comparison" could be irrelevant to SPX, like nothing at all to compare, but it's what it is therefore do not take it seriously just something to watch every once a and while. The real question will our "BIG MAMA" allow this to...

samitrading

Small sample to make a big decision on, non the less something that would guide you . Calculation by Excel : since 2018-2021 we got 12 Death Crosses ( 50d MA crossing down the 200d MA) : 3.76 4.80 5.69 2.47 lowest of all 3.40 5.20 5.85 13.4 4.15 10.29 6.05 2.03 Summary: Minimum pullback 2.03 Maximum pullback 13.4 Average :5.59 Median :...

samitrading Updated 

Guys it is probable now, that we might have and extended first wave count !!!. Comparing 2009's bottom and Covid's bottom we have very clearly identified two sets of Elliot counts one is Text book count (2009), and the other is since Mach's low and it is still in progress !!! Both are for the RSI (Not SPX's price ) . If this plays out, it would be just insane...

samitrading

Today's plan "HIGH RISK" ------------------------------ impulse Rules: An Impulse is a five Wave pattern labeled 1-2-3-4-5 moving in the direction of the larger trend. It is the most common Elliott Wave pattern. Wave 1 must be an Impulse or a Leading Diagonal. Wave 2 may be any corrective pattern except a Triangle. No part of Wave 2 can more than retrace Wave...

samitrading

101 Flat ABC Flat Rules: A Flat is a three wave pattern labeled A-B-C that moves generally sideways. It is corrective and counter-trend and is a very common Elliott pattern. Wave A can be any corrective pattern except a Triangle. Wave B can be any corrective pattern except a Triangle. Wave B must retrace more than 70% of Wave A. Wave B is less than twice the...

00:19

samitrading Updated 

Since 2017/2018-221 we got amazing Golden Crosses on the 1 Hour chart, with Max Bullish moves of : 23- 15-15-15-14-13-6-6-5-4-4-3 . All percentage wise Max Draw Back ( false signals) : (-3 ) (-4) (-8 ) (-13). ***********Looks bullish to me******************

00:59

samitrading Updated 

More probable bullish move from here similar to last October. Two cross with in 36-34 days did not happen since March's low except on these two circled with Orange.

samitrading

This idea is adjusted for 2020's Time Cycle of ABCDE. I think this would appeals to all schools of analysis weather it happens or no due for many factors !!!

samitrading Updated 

Back then they did not have " BIG Mama" supporting like today and yet it was smooth ride to ATH one after the other after the other. Okay, add to that M2 i would not expect anything less than that this time around of course with corrections along the way ;-). Now it took 1/4 of the time back then !!!

samitrading Updated 

Unbelievable results, Could that be possible. This will make All technical and wave analysis = Worthless ;-)

samitrading

Since 1957 inception's day we got 2 ABCDE waves we illustrate the similarities here. Nothing stands out, but if we can rhythm with the past we got our selves a years of bull market.

samitrading Updated 

If this ever to work, i am sole basing it on this idea below nothing more nothing less with dates pointed on the chart. Could it work ? is it that easy ? is it even relevant or fare to compare to tops with every thing different ? Time is the answer!!!

samitrading Updated 

Since 2003 we got some good runs with out >11 % pullback/correction enjoy the chart. wish you the best.

samitrading

Today is kind of confirm or invalidate.