Elliott wave and Fibonacci analysis report on 01052009

50 %
50 %
Information about Elliott wave and Fibonacci analysis report on 01052009

Published on February 6, 2009

Author: dewaggon

Source: slideshare.net


Elliott wave motive wave, wave 4, extended wave 3, double zigzag, Fibonacci extension, and Fibonacci retracement are profiled in this evening report by

1/5/20099:08 PM Pacific This is a 120minute chart of the S&P e-minis that zooms in to identify the substructure of the wave up from 12/29. I believe this to be the most probable count which indicates a probable extension of the move down today, then one more wave up before a probable turn down and sizeable retracement. (I will address this in my next report). This coincides with the higher level Fibonacci targets from last night that I show again on Chart2 below. Even if we don’t get the extension down, the most probable upside target for completion of the pattern is still 945ish. If price gets through that level, then 960 is the next probable target (chart 3). My bias is for 945 and a turn down. Note on the 120 min chart that on the way up the price elevator stopped/paused at every Fibonacci floor which I have highlighted with blue arrows. Chart1

1/5/20099:08 PM Pacific Chart2 Chart3 TMD/DW

1/5/20099:08 PM Pacific The market detective provides personal market opinion based on sound technical analysis and research. However, no warranty is given or implied as to its true reliability. The market detective will make errors and mistakes. The market detective is not an investment adviser and is not making recommendations to buy, sell, or place orders relating to the futures contracts, ETFs, or stocks that he writes about. The responsibility for decisions made from information contained in this service are solely that of the individual subscriber. The individual must fully research and make his/her own decisions before acting on any information provided by the market detective. The market detective assumes no responsibility for subscriber investment or trading results.

Add a comment

Related presentations

Related pages

Home: Elliott Wave International

... featuring analysis from Steve Hochberg, ... Tips for Identifying Elliott Waves on Your Charts; ... Who is Elliott Wave International?
Read more

How You Can Use Fibonacci to Improve Your Trading: Elliott ...

... and execute your own trading strategy by combining wave analysis with Fibonacci ... Report Price: $49.00 FREE ... is vital to Elliott wave analysis ...
Read more

Fibonacci Analysis | LinkedIn

... update on Nifty Elliott Wave and Fibonacci analysis,the abc on ... Fibonacci Reversal Zone had ... Fibonacci analysis report on 01052009. 243 ...
Read more

Elliott Wave Analysis Report of Nifty for 23 March 2016 ...

If we calculate Fibonacci projection of wave (3) ... Click Here to subscribe for Daily Elliott Wave Analysis Reports of Nifty with Stop loss and ...
Read more

Elliot waves and fibonacci trading system - YouTube

Elliot waves and fibonacci trading ... Sign in to report inappropriate ... A Simplified Approach To Elliot Wave Analysis Ron Wheeler ...
Read more

The Basics On Fibonacci Ratios & Elliott Wave Theory

The Basics On Fibonacci Ratios & Elliott Wave Theory This report will take a look at Fibonacci ratios and Elliott ... emotions from market analysis.
Read more

Elliott Wave Analysis Pairs with Fibonacci Perfectly ...

Elliott Wave Analysis Pairs with Fibonacci ... perfectly with Elliott wave analysis. ... page report, you'll learn the 5 ways the Wave Principle ...
Read more

Elliott Wave Predictions - Technical Analysis of the ...

Elliott Wave Predictions is ... where I go over all of my Elliott Wave counts and associated Fibonacci price ... Updated Elliott Wave & Hurst Cycle ...
Read more

Elliott Wave, MACD & Fibonacci - NUS Investment Society

Elliot Wave, MACD & Fibonacci Setups ... various Fibonacci setups will be introduced to aid the analysis of the wave ... Elliott Wave, MACD & Fibonacci Author:
Read more