I noticed that between 5/1 and 5/4 there is a small gap 88.21-.38. Do you think that another break and close below this and 88.15 low of 5/15 would confirm we are headed lower? If not, what price floor penetration would be your ultimate indication?

Great work Corey!

Two additional confluences today that helped me make money were the floor pivots in SPY: $87.95 was CPP at the 11:20 am low, and $88.89 was R1 at the 2:30pm high.

Read your blog daily, awesome. Thanks

I wonder if you would be willing to share with us how successful your methods have been lately?

Jango,

I've been keeping the formal service privately for mentorship clients and myself since February 2009 (although have been writing up my own summaries since 2007) though have added 'prediction' as a formal additional component which has been well-received.

The reports are now public and permanently archived for subscribers, and all reports from April are archived where subscribers can access them.

Since the service began last Wednesday,here is a summary of the following 'predictions' of daily structure (holding specific targets only for members):

June 29th: "Due to a completed 5-wave fractal Elliott Wave move up which has resulted in a "Three Push" Reversal Pattern (triple negative divergence in the 3/10 Oscillator) along with an obvious and unavoidable 'massive' TICK and Breadth (market internal) Divergence as well as a negative volume divergence... I would say odds strongly favor a precipitous fall from these levels" I also showed this on the blog - we were then at $92.70 and have clearly moved lower from these levels with the next day being a Trend Day Down. I spent the majority of the report making the case that a large move down was very likely thanks to massive divergences and Elliott Structure.

June 30: "Both TICK and Breadth made a new low today, but do watch that the TICK made a new relative high above 1,000 in today's close so watch that. It looks like we're forming a possible bear flag and either about to begin Wave C down or perhaps even wave 3 down of some larger fractal Elliott Impulse. Be prepared to trade aggressively short if either of these scenarios occur, meaning short strongly with a break of yesterday's lows which would confirm the bearish structure." The TICK highs and reversal/retracement structure carried forward as expected for the next day, though price went higher than I expected.

July 1st: "This structure - barring anything unforeseen - should continue into Thursday's session with a bearish bias." Thursday was indeed a large down-day.

July 2nd: "15-min structure shows new TICK and Breadth Low occurred today, hinting at price weakness ahead." I also showed a daily chart of the SPY with a highlighted target zone which was hit. The structure carried forward over the weekend for a gap down and bearish day that turned 'rounded reversal' at the close.

July 6th: Quote: "Although we had a long weekend, the bias carrying forward from Thursday's close (as I mentioned) was for that of a continuation move down - look closely at the bearish move down as seen on the left side of the chart prior to the morning gap. Structure carries forward - that's why these reports are important." No specific target/bias was given.

July 7th: "We could get a decent bounce off this critical support level so do be aware of that possibility. If bulls can't manage to bounce price off this level, we could see a quick move down as all eyes are focused on the 875 level as a "Make it or Break it" zone." Market initially went lower then we're currently in the 'battle' zone now as all eyes watch this level.