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Strategies & Market Trends
No Super Cycles Here
An SI Board Since August 2022
Posts SubjectMarks Bans Symbol
30 4 0 $SPX
Emcee:  sunabeach Type:  Moderated
Nothing complicated. Simple wave counts 1 to 5, a to c. Often revised, similar to what price itself does.

$SPX currently: Waves (1) thru (3) complete, Wave (4) close to completion. Note to void wave count I use the guideline that Wave 4 should not trade and close beyond the Wave (1) closing range. IOW for a downtrend count to be voided close must be greater than lowest close of wave 1 (as shown by thick magenta line).

Anyway if my minor secondary wave count of C of Wave 4 is correct minor waves 4 and 5 are left to complete Wave 4 to get Wave 5 underway.

If this transpires all of current move from January high will complete a greater Wave A, with Wave B & C to follow. But that is getting way ahead of things. Time will tell if downtrend continues down or not. Anyone who is convinced one way or the other with any certainty is .... uh uh likely just trying to convince themselves.

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30SPX might have found a possible short term low (wave 3 of 5 of A?) yesterday. Fsunabeach-8/19/2023
29Referencing my 5/4/23 previous post - even though there was both a close below lsunabeach-6/15/2023
28It was a long time coming but an open below 4081.15 (today's line in the sansunabeach-4/25/2023
27End of 1st quarter 2023, looks to be make or break for this bear continuing or nsunabeach-3/31/2023
26Here's another chart pic of alternative (bullish) wave count .... failing. sunabeach-12/20/2022
25Maybe should have waited till the end of day to post this, oh well not likely musunabeach-12/16/2022
24Alternate count which is basically a re-labeling of bear trend to a complete (?)sunabeach-12/12/2022
23The trend is the trend. As for an alternate count (of the bullish variety) looksunabeach-12/9/2022
22being bearish is easy ...anybody can do it loll da_cheif™112/9/2022
21All caught up, I believe:- [graphic]sunabeach-12/9/2022
20No, I think this is a bear market that will conclude in 2H2023 or 1Q2024, possibClaude Cormier-12/1/2022
19u mean bull mkt correction eh?da_cheif™-11/30/2022
18is there an alternate?/da_cheif™-11/30/2022
17Back to a Dynamic Trader chart with latest, which if correct looks it is settingsunabeach-10/11/2022
16Here is another way of looking at current situation. In TradeStation I've lasunabeach-10/6/2022
15Markets so busy having had much time to update chart. This one is a bit clutteresunabeach-9/29/2022
14Lower fib zone reached in less than 2 full trading days. Happens when there is asunabeach-9/23/2022
13Here is today's after the close update. Wave 3 (look out belooow) of wave 5 sunabeach-9/21/2022
12What would be this target? A '5' and at the same time 'a' of (&Claude Cormier-9/21/2022
11Sitting right on a fib cluster that if it doesn't hold next stop likely 3681sunabeach-9/16/2022
10Crazy stuff. Practically bounced off each level ... like playing Pong from days sunabeach-9/15/2022
9Sure gets us there quick. ;-) Maybe tomato.sunabeach-9/13/2022
8 I just need to see many more daily bars play out. Days like today! Claude Cormier-9/13/2022
7Thought I'd post before the new week starts latest $SPX chart pic showing cosunabeach-9/11/2022
6So I m thinking more about SPX 2000-2200 than anything else. Could very well be.sunabeach-8/31/2022
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