Friday, September 8th, 2018 EOW Update
https://www.tradingview.com/chart/eJuQrhx0/#
We have explained that we are at a 38 Year S&P SuperCycle Wave 3 Top Turning into SuperCycle Wave 4 down.
The Supercycle Wave 3 to 4 Is further Broken Down into 5 Major Waves MW1 through MW5.
This EOW Review we broke Major Wave 1 from the All Time High (ATH) 2916 to MW1 Target 2680/2700 into 5 Subwaves that we calculated with over a Dozen+ Major TA Rules Algorithms and Confirmations interdependencies with multiple Probabilities isolated to the mathematically and Psychologically most probable..
I do not have time today to Draw the MW1 Minor Subwaves 1 through 5 (Much smaller Subwaves would Clutter the Supercycle/Major Subwaves chart live link above) executing over the next couple weeks (Now) but we will list the most Probable.
Background info:
The classification of a wave at any particular degree can vary, though Technical Analysts generally agree on the standard order of degrees (approximate durations given):
Grand supercycle: multi-century
Supercycle: multi-decade (about 40–70 years)
Cycle: one year to several years (or even several decades under an Elliott Extension)
Primary: a few months to a couple of years
Intermediate: weeks to months
Minor: weeks
Minute: days
Minuette: hours
Subminuette: minutes
So since these targets are over the next few weeks these are "Minor Wave" Counts extending into "Intermediate" waves.
Therefore these will be indicated as 1-5 "MinWv" followed by A-B-C Intwaves. REMEMBER we only use Waves and Fibonacci range Retracements and or Extensions like an Interstate Road Map and then use multiple additional Confirmation refinements as a much more immediate timeframe GPS & ETA if you will as an analogy to provide us with highly probable trading predictive analytics.
Major Wave 1 from SPX (a.k.a S&P Cash) high 2916 to 2860 to 2865/70:
MinWave 1 - 2916 down to 2884
MinWave 2 - 2864 up to 2898/2900
MinWave 3 - Impulsing and most Probable and therefore PROFITABLE...
2898/2900 down to 2866
MinWave 4 - 2866 up to 2880
MinWave 5 - 2880 down to 2860/65
Then trend change is a three count ABC as follows:
IntWave A from 2860/65 up to 2895/96 ( likely wick up to 2900 retest)
IntWave B from 2895 down to 2840/50
IntWave C from 2840/50 up to 2880.
MinWaves 3 to 4 are impulsing waves in a market correction downtrend so fast moving impulsing wave.
Same with IntWave B...
Subsequent Minor Subwaves analysis will include process/waves down to the bottom of MW1 target 2680/2700.
I am currently holding 180 SPY Puts contracts looking to add 20 to 30 more Monday or Tuesday to catch the immediate 2900 to 2860 run. 1/10 ratio on SPYs so 290 to 286 - 4 full SPY points capture multiplied by 100 SPYs per contract ...
$400 per SPY Put Option Contract times approx 200 Contracts = potential $80K in this portion of the planned trades of the SuperCycle Wave 3 to 4 turn.
I am trading various expirations dates and strike prices to build real market data inputs to my planned Advanced Trading Heuristics and Predictive Analytics engines project now in Stealth mode. EOW Watchlist SPY PUTS follow:
Symbol LastPrice$ Change$ Change% Qty PriceWhenAdded DateAdded TotalGain$ TotalGain% Value$
SPY Jun 28 19 $200 Put1.690.106.29%11.7208/26/2018-3.00 -1.74%169.00
SPY Nov 16 18 $260 Put1.530.106.99%11.5309/09/20180.000.00%153.00
SPY Oct 19 18 $270 Put1.210.043.42%10.9909/01/201822.00 22.22%121.00
SPY Jan 18 19 $220 Put0.930.055.68%10.8908/26/20184.004.49%93.00
SPY Mar 29 19 $200 Put0.880.000.00%10.9008/26/2018-10.00 -11.11%-88.00
SPY Jan 18 19 $200 Put0.540.0510.20%10.5008/26/20183.006.00%54.00
Good Hunting...
Deepdiver
NBF - Nuke Boats Forever
NOTE: This discussion is not intended as investment advice in any way, shape, or form and is mentioned for informational purposes only for discussing that we are now making a major Market Top and entering a Major S&P 38 Year Long Supercycle Top Wave 3 to 4 Reversal. Seek competent professional advice to determine your risk tolerance before trading Options or Futures contracts. Never invest more than you can afford to lose.
https://www.tradingview.com/chart/eJuQrhx0/#
We have explained that we are at a 38 Year S&P SuperCycle Wave 3 Top Turning into SuperCycle Wave 4 down.
The Supercycle Wave 3 to 4 Is further Broken Down into 5 Major Waves MW1 through MW5.
This EOW Review we broke Major Wave 1 from the All Time High (ATH) 2916 to MW1 Target 2680/2700 into 5 Subwaves that we calculated with over a Dozen+ Major TA Rules Algorithms and Confirmations interdependencies with multiple Probabilities isolated to the mathematically and Psychologically most probable..
I do not have time today to Draw the MW1 Minor Subwaves 1 through 5 (Much smaller Subwaves would Clutter the Supercycle/Major Subwaves chart live link above) executing over the next couple weeks (Now) but we will list the most Probable.
Background info:
The classification of a wave at any particular degree can vary, though Technical Analysts generally agree on the standard order of degrees (approximate durations given):
Grand supercycle: multi-century
Supercycle: multi-decade (about 40–70 years)
Cycle: one year to several years (or even several decades under an Elliott Extension)
Primary: a few months to a couple of years
Intermediate: weeks to months
Minor: weeks
Minute: days
Minuette: hours
Subminuette: minutes
So since these targets are over the next few weeks these are "Minor Wave" Counts extending into "Intermediate" waves.
Therefore these will be indicated as 1-5 "MinWv" followed by A-B-C Intwaves. REMEMBER we only use Waves and Fibonacci range Retracements and or Extensions like an Interstate Road Map and then use multiple additional Confirmation refinements as a much more immediate timeframe GPS & ETA if you will as an analogy to provide us with highly probable trading predictive analytics.
Major Wave 1 from SPX (a.k.a S&P Cash) high 2916 to 2860 to 2865/70:
MinWave 1 - 2916 down to 2884
MinWave 2 - 2864 up to 2898/2900
MinWave 3 - Impulsing and most Probable and therefore PROFITABLE...
2898/2900 down to 2866
MinWave 4 - 2866 up to 2880
MinWave 5 - 2880 down to 2860/65
Then trend change is a three count ABC as follows:
IntWave A from 2860/65 up to 2895/96 ( likely wick up to 2900 retest)
IntWave B from 2895 down to 2840/50
IntWave C from 2840/50 up to 2880.
MinWaves 3 to 4 are impulsing waves in a market correction downtrend so fast moving impulsing wave.
Same with IntWave B...
Subsequent Minor Subwaves analysis will include process/waves down to the bottom of MW1 target 2680/2700.
I am currently holding 180 SPY Puts contracts looking to add 20 to 30 more Monday or Tuesday to catch the immediate 2900 to 2860 run. 1/10 ratio on SPYs so 290 to 286 - 4 full SPY points capture multiplied by 100 SPYs per contract ...
$400 per SPY Put Option Contract times approx 200 Contracts = potential $80K in this portion of the planned trades of the SuperCycle Wave 3 to 4 turn.
I am trading various expirations dates and strike prices to build real market data inputs to my planned Advanced Trading Heuristics and Predictive Analytics engines project now in Stealth mode. EOW Watchlist SPY PUTS follow:
Symbol LastPrice$ Change$ Change% Qty PriceWhenAdded DateAdded TotalGain$ TotalGain% Value$
SPY Jun 28 19 $200 Put1.690.106.29%11.7208/26/2018-3.00 -1.74%169.00
SPY Nov 16 18 $260 Put1.530.106.99%11.5309/09/20180.000.00%153.00
SPY Oct 19 18 $270 Put1.210.043.42%10.9909/01/201822.00 22.22%121.00
SPY Jan 18 19 $220 Put0.930.055.68%10.8908/26/20184.004.49%93.00
SPY Mar 29 19 $200 Put0.880.000.00%10.9008/26/2018-10.00 -11.11%-88.00
SPY Jan 18 19 $200 Put0.540.0510.20%10.5008/26/20183.006.00%54.00
Good Hunting...
Deepdiver
NBF - Nuke Boats Forever
NOTE: This discussion is not intended as investment advice in any way, shape, or form and is mentioned for informational purposes only for discussing that we are now making a major Market Top and entering a Major S&P 38 Year Long Supercycle Top Wave 3 to 4 Reversal. Seek competent professional advice to determine your risk tolerance before trading Options or Futures contracts. Never invest more than you can afford to lose.