$AAPL long term and short term trading strategy

Looking at $AAPL in terms of a long term monthly count, it looks like $AAPL is in its corrective phase of ABC of which the A leg is over and now heading upwards to B and finally down to C to finish off the corrective phase before heading back in trend of upwards. In the daily count it looks like we just finished or nearing the end of A and should start going down in (b) this coming week and head back to (c) to finish the larger (B)Read more

A dark cloud will shadow the stock market from here on till it breaks over the all time high 293.94

Robert Prechter https://www.nytimes.com/2010/07/04/your-money/04stra.html one person who popularized Elliott wave theory saw the 2008 decline in stock market as the end of 5th wave an the beginning of bear market and he rightfully get demonized for advising people to miss out the longest bull market in history. That is the beauty and curse of Elliott wave it has a way of keeping the analyst on their tippy toe all the time, an ultimate slight of hand artist that is capable of doing a 180 degree turn at any moment. However that does not mean…Read more

$SMH the Elliott wave count on this ETF

SMH has been a harbinger for the wider market for some time now since it is the semiconductor ETF and when we say technology we essentially mean two things, hardware technology and software technology. They are like each hand in a body that needs to come together to make noise (clap). The semiconductor essentially tells where the broader tech market or the $SPY is going. On a 15 min - 2 hour chart the count we have below is the primary count. As of right now at 12.30 pm on 1/8/19 we are…Read more

Moment of truth on the rules of Elliott Wave

The $SPY has been on a tear with 2 consecutive days of nearly 1000 point moves and now we are coming to some crucial resistance levels. 1 is the 50% retrace of the 3rd wave move down and that is $251.40. Now the bottom of wave 3 is $253.36 meaning that the retrace we have seen so far has $2 more to go before coming down. After the As of Monday the 31st we had a bull flag set up and looks like the move up is going to be the 5th wave…Read more

Micron Technology Elliott Wave Analysis

The Weekly trend is up! On the weekly the trend seems to be up sort off. The Weekly 3% ZZ indicator says that it is a triangle so far, from looking at the price action since 10/22/18 till 11/13/18 and the RSI is just below 40 , once this breaks then the momentum is upward and should be a ZZ with wave 1 and 2 already formed. Daily Count The daily count projected to show that the end of the ZZ will be at end of the "blue"dotted line.The RSI is no the…Read more

Elliott wave analysis of SPY index

  Let me give you my analysis of Elliot wave on SPY just before he election in November 2018. Donald trump was in full swing with the anti-immigrant , anti media which according to him was the anti-people. He is definitely not toning his rhetoric down for anyone or anything. Anyhow,¬† for the subject on hand. $SPY will hit the .Like the image above says "Target" is $255 area which is where SPY Index will end its journy on the down trend in the 4th wave¬† ZIG ZAG pattern will end and the…Read more

Why is the EMF from 5G in such controversy

Here is the truth about 5G, no body knows weather it is harmful or not, why? Because like anything these days their has not been a conclusive study done to say one way or the other. But if it walks like a duck, quacks like a duck , it is most likely a duck! The 5G requires that the telecom companies erect and install the 5G micro towers in close proximity to each other and create a mesh network of cellular signals propagating through all corners of your home and city buildings. The…Read more

Tall Building Problems

High raises define a city landscape and the silhouette at the night time skyline. It is a beauty to witness NY from a distance! WIth tall buildings comes some tall problems for the cell phone users. A typical cell tower is anywhere between 100-200 ft tall and they are predominantly positioned in such heights to server the population on the ground, the fellow on the sidewalk or the teacher at the bank. Now in spite of this the city buildings are concrete based and have a tough time when it comes to letting…Read more


Worldwide smartphone trade will reach 1.45 billion units, with a year-over-year boom with a fee of simply 0.6 percentage in 2016, in step with the modern day market by using International Data corporation(IDC). Although increase remains superb, it's far down appreciably from the 10.4 percentage boom fee in 2015. But, 4G smartphones will attain 21.3 percent 12 months-over-year growth globally for 2016, at 1.17 billion units - it truly is up from 967 million in 2015. Yet again, rising markets are using maximum growth, in which only sixty-one percent of 2015 smartphone shipments…Read more