Comments on: Sell Signal on SP500 Monthly Chart? http://blog.afraidtotrade.com/sell-signal-on-sp500-monthly-chart/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Monthly Elliott and Fibonacci Analysis of India’s Nifty July 4 | Penny Stock Trading System Blog http://blog.afraidtotrade.com/sell-signal-on-sp500-monthly-chart/comment-page-1/#comment-209783 Monthly Elliott and Fibonacci Analysis of India’s Nifty July 4 | Penny Stock Trading System Blog Sun, 05 Jul 2009 00:42:46 +0000 http://blog.afraidtotrade.com/?p=4246#comment-209783 [...] resistance ties into the thesis that the S&P 500 is forming a possible reversal pattern down (Monthly “sell signal” and also Daily Head and Shoulders with momentum/volume divergences) - and adds a layer of [...] [...] resistance ties into the thesis that the S&P 500 is forming a possible reversal pattern down (Monthly “sell signal” and also Daily Head and Shoulders with momentum/volume divergences) – and adds a layer of [...]

]]> By: Monthly Elliott and Fibonacci Analysis of India's Nifty July 4 | Afraid to Trade.com Blog http://blog.afraidtotrade.com/sell-signal-on-sp500-monthly-chart/comment-page-1/#comment-209776 Monthly Elliott and Fibonacci Analysis of India's Nifty July 4 | Afraid to Trade.com Blog Sat, 04 Jul 2009 17:12:47 +0000 http://blog.afraidtotrade.com/?p=4246#comment-209776 [...] resistance ties into the thesis that the S&P 500 is forming a possible reversal pattern down (Monthly “sell signal” and also Daily Head and Shoulders with momentum/volume divergences) - and adds a layer of [...] [...] resistance ties into the thesis that the S&P 500 is forming a possible reversal pattern down (Monthly “sell signal” and also Daily Head and Shoulders with momentum/volume divergences) – and adds a layer of [...]

]]> By: Chart Junkie: A Picture's Worth ... 7.3.09 | Wall St. Cheat Sheet http://blog.afraidtotrade.com/sell-signal-on-sp500-monthly-chart/comment-page-1/#comment-209767 Chart Junkie: A Picture's Worth ... 7.3.09 | Wall St. Cheat Sheet Fri, 03 Jul 2009 18:53:32 +0000 http://blog.afraidtotrade.com/?p=4246#comment-209767 [...] 38.2% Fibonacci level are classic technical sell signals on the S&P 500 monthly chart. (Source: afraidtotrade.com) Case-Shiller Over Past 100 [...] [...] 38.2% Fibonacci level are classic technical sell signals on the S&P 500 monthly chart. (Source: afraidtotrade.com) Case-Shiller Over Past 100 [...]

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/sell-signal-on-sp500-monthly-chart/comment-page-1/#comment-212898 Corey Rosenbloom, CMT Fri, 03 Jul 2009 03:24:34 +0000 http://blog.afraidtotrade.com/?p=4246#comment-212898 It pays to keep an open mind - there are respected technicians who are calling this move the first swing up in a new bull market. The Elliott count allows this possibility, though I'm not on board yet. It would assume the final primary 5th wave would be too small in my opinion. It pays to keep an open mind – there are respected technicians who are calling this move the first swing up in a new bull market. The Elliott count allows this possibility, though I'm not on board yet. It would assume the final primary 5th wave would be too small in my opinion.

]]> By: Mike http://blog.afraidtotrade.com/sell-signal-on-sp500-monthly-chart/comment-page-1/#comment-212897 Mike Fri, 03 Jul 2009 02:26:30 +0000 http://blog.afraidtotrade.com/?p=4246#comment-212897 Cory, how could we have completed the full 5-wave impulse of the C wave down ( your Bull case ) when your analysis of June 19th ("Large Scale Monthly Elliott Wave Chart of SP500") has still yet to be completed with a 5th wave to the downside??? Cory, how could we have completed the full 5-wave impulse of the C wave down ( your Bull case ) when your analysis of June 19th (“Large Scale Monthly Elliott Wave Chart of SP500″) has still yet to be completed with a 5th wave to the downside???

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/sell-signal-on-sp500-monthly-chart/comment-page-1/#comment-212896 Corey Rosenbloom, CMT Thu, 02 Jul 2009 23:48:03 +0000 http://blog.afraidtotrade.com/?p=4246#comment-212896 There's a couple of ways to interpret the 5-waves.<br><br>The 'bullish' count is that we've completed a full 5-wave impulse of the C wave down and are beginning a New Bull Market. That's quite optimistic.<br><br>I'm of the opinion we completed wave 4 of 5 up here and are going down to finish up 5 down of C which could truncate at 666 or slip just beneath it perhaps to 600 or even 550.<br><br>Can't see how this is just Primary 1 of Cycle C though personally - though yes it is an interpretation. There's a couple of ways to interpret the 5-waves.

The 'bullish' count is that we've completed a full 5-wave impulse of the C wave down and are beginning a New Bull Market. That's quite optimistic.

I'm of the opinion we completed wave 4 of 5 up here and are going down to finish up 5 down of C which could truncate at 666 or slip just beneath it perhaps to 600 or even 550.

Can't see how this is just Primary 1 of Cycle C though personally – though yes it is an interpretation.

]]> By: Vol http://blog.afraidtotrade.com/sell-signal-on-sp500-monthly-chart/comment-page-1/#comment-212895 Vol Thu, 02 Jul 2009 23:22:47 +0000 http://blog.afraidtotrade.com/?p=4246#comment-212895 i think others have pointed this out but it is downright ridiculous when you notice how the plunge from the all-time highs to the current 52-week low looks like wave 1 of 5, in elliot terms. so that would mean we are in wave-2 correction mode to the upside.<br><br>scary stuff. very scary. i think others have pointed this out but it is downright ridiculous when you notice how the plunge from the all-time highs to the current 52-week low looks like wave 1 of 5, in elliot terms. so that would mean we are in wave-2 correction mode to the upside.

scary stuff. very scary.

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/sell-signal-on-sp500-monthly-chart/comment-page-1/#comment-209760 Corey Rosenbloom, CMT Thu, 02 Jul 2009 22:24:34 +0000 http://blog.afraidtotrade.com/?p=4246#comment-209760 It pays to keep an open mind - there are respected technicians who are calling this move the first swing up in a new bull market. The Elliott count allows this possibility, though I'm not on board yet. It would assume the final primary 5th wave would be too small in my opinion. It pays to keep an open mind – there are respected technicians who are calling this move the first swing up in a new bull market. The Elliott count allows this possibility, though I'm not on board yet. It would assume the final primary 5th wave would be too small in my opinion.

]]> By: Mike http://blog.afraidtotrade.com/sell-signal-on-sp500-monthly-chart/comment-page-1/#comment-209759 Mike Thu, 02 Jul 2009 21:26:30 +0000 http://blog.afraidtotrade.com/?p=4246#comment-209759 Cory, how could we have completed the full 5-wave impulse of the C wave down ( your Bull case ) when your analysis of June 19th ("Large Scale Monthly Elliott Wave Chart of SP500") has still yet to be completed with a 5th wave to the downside??? Cory, how could we have completed the full 5-wave impulse of the C wave down ( your Bull case ) when your analysis of June 19th (“Large Scale Monthly Elliott Wave Chart of SP500″) has still yet to be completed with a 5th wave to the downside???

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/sell-signal-on-sp500-monthly-chart/comment-page-1/#comment-209757 Corey Rosenbloom, CMT Thu, 02 Jul 2009 18:48:03 +0000 http://blog.afraidtotrade.com/?p=4246#comment-209757 There's a couple of ways to interpret the 5-waves.<br><br>The 'bullish' count is that we've completed a full 5-wave impulse of the C wave down and are beginning a New Bull Market. That's quite optimistic.<br><br>I'm of the opinion we completed wave 4 of 5 up here and are going down to finish up 5 down of C which could truncate at 666 or slip just beneath it perhaps to 600 or even 550.<br><br>Can't see how this is just Primary 1 of Cycle C though personally - though yes it is an interpretation. There's a couple of ways to interpret the 5-waves.

The 'bullish' count is that we've completed a full 5-wave impulse of the C wave down and are beginning a New Bull Market. That's quite optimistic.

I'm of the opinion we completed wave 4 of 5 up here and are going down to finish up 5 down of C which could truncate at 666 or slip just beneath it perhaps to 600 or even 550.

Can't see how this is just Primary 1 of Cycle C though personally – though yes it is an interpretation.

]]>