Today on twitter we observed how the Low of the Day came in at the 88.6%XA retrace on the daily chart. We’ve posted this chart last week, but here’s the updated chart : Last week we also mentioned that a bounce … Continue reading →
Something I overlooked during the trading day today is, that the low came in right at the 127%XA extension of the chart we posted this weekend. It just shows you again the importance of drawing the levels on your chart … Continue reading →
Good morning, Two more trading days to go! And what a year it was. This year really proofed how powerful harmonic trading can be. From time to time, as you recall, I’ve pulled up a monthly chart, showing an 161.8%XA … Continue reading →
So this is what happened this week on the daily SPY chart: We’ve seen a 38.2% retrace after completion of the Gartley pattern. (blue indicator) Which coincided with a bullish PRZ at the 201 level (orange indicator). This is the … Continue reading →
Yesterday we saw the bounce of the previous bullish PRZ at +/- 204.49 result in AB=CD target, inline with the 61.8%XA retrace around 207. the resulting pullback again alerted a possible CD leg higher around 13:00, but it didn’t get … Continue reading →
Last night I worked all night programming, R&D, etc.. and time just passed by. This morning after submitting a post, I literally crashed, passed out, and the market followed suit, but not before touching the bearPRZ of 208.68 to the … Continue reading →
Yesterday saw a perfect reversal at the PRZ levels we mentioned before market open, calculated of the 5min chart posted the night before. FANG stocks presented good opportunities with ABCD entries right after the SPY bounce of the PRZ. Intraday, … Continue reading →
quick update on last night’s post. mentioned: “or break below 207.86 for swing lower” For new members: taking the XABC numbers of the chart, and using the calculator gives you the following PRZ numbers: result: 1st bounce to the penny … Continue reading →
last week we saw how on the 30 and 60 min timeframes SPY both alerted for a possibility for a CD leg lower of an XABCD pattern. Although the subsequent pullback didn’t reach its target, it was good for a … Continue reading →
If anything, today taught us how important it is to determine your levels in advance and to always trade accordingly. If it wasn’t for that my FB calls would have turned into a huge loss. Instead I stopped out pretty … Continue reading →
