For those who may have missed the FREE live educational event that I had the other day regarding AAPL earnings and subsequent 'cover it live' session. Guess what? The conversation is still going.
Here's a FREE LINK of the event including a special video I did before the earnings announcement.
Look over my shoulder and see what was on my mind, the elliott wave count and real-time insights and commentary as investors reacted to the earnings release the following day. Of course, I'll be adding charts next time but to say the least, subscribers loved it.
So what are you waiting for? Watch the free video, then click on comments at the top of the page to get all my insights... make sure you have a chart of Apple available so you can compare my insights and possibly your thoughts together.
Thereafter, I hope that you'll join the community and consider a subscription option to Sinibaldi Analytics.
Dedicated to Multiplying Your Investment Account,
An educational blogsite dedicated to teaching the Elliott Wave Principle, Fibonacci Ratio Analysis and Market Timing strategies. Primary focus is on the E-mini S&P. Please read the risk disclosures contained within this blog.
Friday, July 26, 2013
Friday, July 19, 2013
I've Got News...
As you know, I'm busy working with some tax experts regarding the offering of digital products outside of the U.S. At present, non-US visitors to mikesinibaldi.com are currently limited to free subscription content areas of the Site.
So make sure you make Mike Sinibaldi's Elliott Wave Briefs part of your day. Five minutes and you'll have know what to expect.
The new format begins on Monday, so make sure to subscribe and take full advantage of this service.
For now, here's today's free update --- http://bit.ly/15QSN8A
Best of Trading
I've Got News
I've made some tweaks to the Sinibaldi Digest. It's now called Mike Sinibaldi's Elliott Wave Briefs (btw---it's free) so everyone can get more of my elliott wave analysis and insights. In just under five minutes, you'll know what's on my mind with regard to:- The S&P 500 or Emini S&P Futures,
- Currency Pairs,
- Natural Resources (Gold, Silver, Copper, Oil)
So make sure you make Mike Sinibaldi's Elliott Wave Briefs part of your day. Five minutes and you'll have know what to expect.
The new format begins on Monday, so make sure to subscribe and take full advantage of this service.
For now, here's today's free update --- http://bit.ly/15QSN8A
Best of Trading
Labels:
Copper,
Currency,
Emini SP Futures,
Gold,
Natural Resources,
Oil,
S&P 500,
Silver
Friday, July 12, 2013
I Need Your Help
It's been just a few weeks since I BETA launched Sinibaldi Analytics.
First and foremost, I am grateful for all the support and early indications show that the number of domestic and foreign visitors is about equal. As you know, I am currently working on eliminating the problem when dealing with foreign taxation on some digital products. I wish it was a simple as one VAT but the depth and scope of my subscriber base is global. Europe, Asia, South America... even the Middle East!
And that's why I need your help. I have tried to make extra tweets, to make posts on the elliottwavelive blogsite or open up content that would otherwise not restricted to you in an effort to accommodate those who can't gain access to all my insights and charts. However, the reality is that it's duplication of my work and in fairness to those who are paying, I can't provide the same detail or must provide the content at a later date where it carries lesser meaning and everyone knows the emphasis that I place on delivering it real-time!
In addition, you may have noticed that I have stopped creating work here and now link directly to Sinibaldi Analytics where you will need to be a subscriber to read some of the material. There's just no way around it.
The expansion of elliottwavelive and its relationship to Sinibaldi Analytics will solely be for real time education but that won't come online till Q4 or early next year. Therefore, I'm asking that all non U.S. residents subscribe for FREE to mikesinibaldi.com.
In doing so, it will keep you in the game and I promise to give extra while I work with third party compliance to meet the foreign tax laws AND for those interested in a paid subscription, it will make notifying you when the service becomes available easier and quicker rather than you checking back to see what's going on.
Finally, by subscribing I'll have more time to create new 'free' content that would be of greater educational benefit and value to everyone. After all, content is why you follow me right?
So, those who truly find value in my work, need to step up and subscribe. I don't mean to offend anyone but you can't nibble at the fringes and learn elliott wave. If you went elsewhere, like "XYZ", whose name I won't mention, you would be charged 3 times as much just for a service - and free there means no counts are free in their blogs, but you can guarantee that you will be teased until you either subscribe or decide that you aren't getting anything that you can build upon. And should you decide to pay them, you best be proficient because they won't hold your hand or explain it either. Maybe that's the luxury they have but I'm not going to build my reputation or business like that.
So if I have offended anyone along the way, please accept my apology here and now. I'm providing a link right to the page so there is no searching. Just follow this link below.
I hope to create some new articles this weekend and hope you'll join the community. Have a great weekend.
First and foremost, I am grateful for all the support and early indications show that the number of domestic and foreign visitors is about equal. As you know, I am currently working on eliminating the problem when dealing with foreign taxation on some digital products. I wish it was a simple as one VAT but the depth and scope of my subscriber base is global. Europe, Asia, South America... even the Middle East!
And that's why I need your help. I have tried to make extra tweets, to make posts on the elliottwavelive blogsite or open up content that would otherwise not restricted to you in an effort to accommodate those who can't gain access to all my insights and charts. However, the reality is that it's duplication of my work and in fairness to those who are paying, I can't provide the same detail or must provide the content at a later date where it carries lesser meaning and everyone knows the emphasis that I place on delivering it real-time!
In addition, you may have noticed that I have stopped creating work here and now link directly to Sinibaldi Analytics where you will need to be a subscriber to read some of the material. There's just no way around it.
The expansion of elliottwavelive and its relationship to Sinibaldi Analytics will solely be for real time education but that won't come online till Q4 or early next year. Therefore, I'm asking that all non U.S. residents subscribe for FREE to mikesinibaldi.com.
In doing so, it will keep you in the game and I promise to give extra while I work with third party compliance to meet the foreign tax laws AND for those interested in a paid subscription, it will make notifying you when the service becomes available easier and quicker rather than you checking back to see what's going on.
Finally, by subscribing I'll have more time to create new 'free' content that would be of greater educational benefit and value to everyone. After all, content is why you follow me right?
So, those who truly find value in my work, need to step up and subscribe. I don't mean to offend anyone but you can't nibble at the fringes and learn elliott wave. If you went elsewhere, like "XYZ", whose name I won't mention, you would be charged 3 times as much just for a service - and free there means no counts are free in their blogs, but you can guarantee that you will be teased until you either subscribe or decide that you aren't getting anything that you can build upon. And should you decide to pay them, you best be proficient because they won't hold your hand or explain it either. Maybe that's the luxury they have but I'm not going to build my reputation or business like that.
So if I have offended anyone along the way, please accept my apology here and now. I'm providing a link right to the page so there is no searching. Just follow this link below.
I hope to create some new articles this weekend and hope you'll join the community. Have a great weekend.
Thursday, July 11, 2013
Tuesday, July 9, 2013
Sinibaldi Daily Digest
US Markets Modestly Higher
6:50 a.m. ET - Stocks rose around the world after Alcoa (AA) started the U.S. earnings season with results that beat analysts’ estimates. U.S S&P 500 Futures, look to add to yesterday's gains and may test key structural resistance of 1649 in today's session. Early price action and short-term momentum indicators concur, while the market would not been viewed over-bought below 1654.75. No surprise, Gold jumped off key technical levels that I cited (1168.5 - 1169.2) while the Japanese Yen and Sterling weakened.In other news, the International Monetary Fund (IMF) will release its "World Economic Outlook" on Tuesday at 9:30 a.m. ET. Christine Lagarde, the head of the organization, indicated that the IMF could trim global growth forecasts.
Reports out show that Chinese inflation rose more than forecast in June while producer prices fell for the 16th consecutive month, the longest slump in a decade... a deflationary trend. From the monthly comparison chart above, (wave labels removed) you can see that as China goes, so does Alcoa. While Alcoa maintained its forecast that global demand for aluminum will rise by 7 percent this year, led by 11 percent growth in China, the chart is certainly reflective of our view.
If you are a natural resource investor or have holdings in China, you can read more in my free report on China.
© 2013 Sinibaldi Analytics All rights reserved.
LEGAL NOTICE: The material published on the mikesinibaldi.com website; including, The Sinibaldi Daily Digest, Sinibaldi Report and Mike Sinibaldi's Wave Advisor Newsletter is published by Sinibaldi Analytics, LLC and is subject to our Terms of Service Agreement. The material may be used for informational purposes only. The information contained herein, should not be construed as a solicitation to buy, sell or hold any investment or particular instrument; is impersonal and has been prepared without regard to your individual investment objectives, financial situation and particular needs and should not be construed as personal investment advice. Any purchase or sale activity in any securities or other instrument should be based upon your own analysis and conclusions. Past performance is not indicative of future results. The information contained herein are also the opinion and general comments of the Editor and are based upon information that the editor considers reliable; however, neither Sinibaldi Analytics nor Editor warrants it's completeness or accuracy and it should not be relied upon as such. Any statements and or opinions are subject to change without notice and there is no obligation to update or correct any content provided in the publications or website. Sinibaldi Analytics and the Editor are not liable for any errors, omissions or incomplete or out of date information.
Labels:
AA,
Alcoa,
China,
Gold,
IMF,
International Monetary Fund,
Japanese Yen,
S&P 500 Futures,
Sterling
Wednesday, July 3, 2013
Happy Independence Day
My latest blog post at Sinibaldi Analytics : July 4th Is Your Independence Day!
Tuesday, July 2, 2013
The Sinibaldi Digest
For those still wondering about Sinibaldi Analytics...
I'll be closing the doors on free access today. For those who subscribed I hope you are enjoying the site.
I'd like to address one issue that is bothersome to me... right now I'm not able to offer the same extend of service to readers from outside of the US. If you like what you've seen so far and would like to be updated on when I'll be able to extend service, send me a support request and I'll let you know as soon as I can extend service.
In the meantime, all is not lost! You can still join the community and read the majority of my articles and gain access to my morning brief by becoming a FREE SUBSCRIBER.
Best of Trading
I'll be closing the doors on free access today. For those who subscribed I hope you are enjoying the site.
I'd like to address one issue that is bothersome to me... right now I'm not able to offer the same extend of service to readers from outside of the US. If you like what you've seen so far and would like to be updated on when I'll be able to extend service, send me a support request and I'll let you know as soon as I can extend service.
In the meantime, all is not lost! You can still join the community and read the majority of my articles and gain access to my morning brief by becoming a FREE SUBSCRIBER.
Best of Trading
Monday, July 1, 2013
Last Chance: My Offer Ends at Midnight!
LAST CHANCE
I writing you today because I don't want you to miss out.
Readers of this blog and my Twitter following snapped at the opportunity to get all my content and access to my 'subscriber only' private twitter feed.
This may be your last opportunity to take me up on the opportunity I presented before the door closes as the clock strikes 12:00 am, July 2nd (without any exception or extension).
If you want to add your name, just like those before you, then please don't delay - it may be quite some time until I can talk my CPA into letting me make an offer like this again.
So RSVP right now
Mike Sinibaldi
Friday, June 28, 2013
Nike's Net Profit Jumps 22% but Chinese Outlook is Soft
Nike's net profit jumps 22% but Chinese outlook is soft. Nike's (NKE) FQ4 earnings beat expectations as net profit soared 22% to $668M, adjusted EPS came in at $0.76 and revenues climbed 7% to $6.7B. North American sales rose 12%, and revenues grew in emerging markets, although they fell in Japan and Western Europe, and were flat in greater China. Nike's shares were -0.9% premarket after the company said that it expects Chinese revenue to fall in fiscal H1 2014 and that it's hard to predict how quickly sustained growth will return to the region.
For those who may be interested... here is the link to the full text and webcast results...
http://nikeinc.com/news/nike-inc-reports-fy2013-q4-and-full-year-results
You might ask, why I'm interested in Nike? Well, as a matter of fact.... China!
I take great interest in the developments in Asia and I'm always watchful of signals that confirm my research.
I recently wrote a special report on China, entitled, "The Asian Contagion, 13 Masks of a Developing Slowdown".
If you haven't had an opportunity to read it or find yourself needing more information about China and it's influence, you can bring yourself up to speed with the details presented in the report.
Best of Trading
Mike Sinibaldi
P.S. My website is open to everyone right now. Take full advantage of it and read this free report before July 1st. After that, I have to take it down in fairness to my subscribers!
For those who may be interested... here is the link to the full text and webcast results...
http://nikeinc.com/news/nike-inc-reports-fy2013-q4-and-full-year-results
You might ask, why I'm interested in Nike? Well, as a matter of fact.... China!
I take great interest in the developments in Asia and I'm always watchful of signals that confirm my research.
I recently wrote a special report on China, entitled, "The Asian Contagion, 13 Masks of a Developing Slowdown".
If you haven't had an opportunity to read it or find yourself needing more information about China and it's influence, you can bring yourself up to speed with the details presented in the report.
Best of Trading
Mike Sinibaldi
P.S. My website is open to everyone right now. Take full advantage of it and read this free report before July 1st. After that, I have to take it down in fairness to my subscribers!
An Overwhelming Response
Yesterday I gave my followers a private invitation and an opportunity to get first dibs at my new website. The response has been overwhelming!
While I have tested the Site at length, there are bound to be some unanticipated issues and glitches that need to be ironed out. Should they occur, I apologize and appreciate your understanding and patience.
Today is the day that I officially open up the site to the general public. If you haven't already bookmarked the site - the URL is: http://mikesinibaldi.com/
I will not be restricting access to my articles, reports and insights until July 1st. That gives everyone plenty of time to kick the tires around. Thereafter, you MUST at the very least, become a FREE SUBSCRIBER, to gain access to most of my articles and insights. You can learn more about my services at: http://mikesinibaldi.com/services/
NOTICE: For those who have already taken me up on the opportunity, over the weekend, I'll be publishing the first official video edition of the Sinibaldi Wave Advisor Newsletter and I'll publish the next issue of the Sinibaldi Report on July 7th.
With regards to this blog, it's not going away but I will be quickly transitioning over to my new site. My intent is to use it exclusively for its intended purpose.
Have a great weekend everyone. I hope you are enjoying the new site. I look forward to your feedback and comments.
Mike Sinibaldi
Sinibaldi Analytcis
While I have tested the Site at length, there are bound to be some unanticipated issues and glitches that need to be ironed out. Should they occur, I apologize and appreciate your understanding and patience.
Today is the day that I officially open up the site to the general public. If you haven't already bookmarked the site - the URL is: http://mikesinibaldi.com/
I will not be restricting access to my articles, reports and insights until July 1st. That gives everyone plenty of time to kick the tires around. Thereafter, you MUST at the very least, become a FREE SUBSCRIBER, to gain access to most of my articles and insights. You can learn more about my services at: http://mikesinibaldi.com/services/
NOTICE: For those who have already taken me up on the opportunity, over the weekend, I'll be publishing the first official video edition of the Sinibaldi Wave Advisor Newsletter and I'll publish the next issue of the Sinibaldi Report on July 7th.
With regards to this blog, it's not going away but I will be quickly transitioning over to my new site. My intent is to use it exclusively for its intended purpose.
Have a great weekend everyone. I hope you are enjoying the new site. I look forward to your feedback and comments.
Mike Sinibaldi
Sinibaldi Analytcis
Thursday, June 27, 2013
Something Brand New From Mike Sinibaldi...
NEW, From Mike Sinibaldi
Inside the Site something brand NEW
and an Opportunity that may SHOCK YOU.
Your response is needed by July 1st
or you'll miss out!
I'm extremely excited to announce that I've just released my new website to my supporters. It took me along time to compile all of the research that went into making this possible, but it's finally DONE.
I've named the company, Sinibaldi Analytics. The company is a study of market action; therefore, the website is designed to be extremely visual. Although some basic technical analysis would be helpful, you don't have to be an elliott wave or technical expert to understand my work. The site, offers you access to a wealth of educational content that is meant to provide you with the necessary framework for the further development of your investment or trading strategies; anticipate trend changes and spot opportunities. Think of us as a portal to everything that makes us your Elliott Wave Authority.
Before I give you the URL...
I promised, as part of my Special Beta Launch, a private invitation to a special opportunity. Here's what you need to know about the opportunity that I'm only making available to my followers.
NOW, I must first forewarn you...
Given the feedback that I have received and that 1800 + people follow me on Twitter alone, I can't tell you how long this will last. So if you have an interest in taking advantage of the opportunity, I urge you to go to Your Private Invitation and Opportunity and study your opportunity- IMMEDIATELY.
I hope you’ll enjoy learning more about Sinibaldi Analytics.
Best,
Mike Sinibaldi
PS: This opportunity can never be repeated as I can only launch a business once.
P.S.S: I'm still working behind the scenes during the BETA Launch to increase the speed at which some pages load on the Site. Thanks for your understanding!
I've named the company, Sinibaldi Analytics. The company is a study of market action; therefore, the website is designed to be extremely visual. Although some basic technical analysis would be helpful, you don't have to be an elliott wave or technical expert to understand my work. The site, offers you access to a wealth of educational content that is meant to provide you with the necessary framework for the further development of your investment or trading strategies; anticipate trend changes and spot opportunities. Think of us as a portal to everything that makes us your Elliott Wave Authority.
Before I give you the URL...
I promised, as part of my Special Beta Launch, a private invitation to a special opportunity. Here's what you need to know about the opportunity that I'm only making available to my followers.
NOW, I must first forewarn you...
This Will Be The ONLY Invitation You Will See
For This 'One-Time Only' Opportunity
The opportunity expires on July 1st or
when 296 followers take me up on the opportunity!
The opportunity expires on July 1st or
Given the feedback that I have received and that 1800 + people follow me on Twitter alone, I can't tell you how long this will last. So if you have an interest in taking advantage of the opportunity, I urge you to go to Your Private Invitation and Opportunity and study your opportunity- IMMEDIATELY.
I hope you’ll enjoy learning more about Sinibaldi Analytics.
Best,
Mike Sinibaldi
PS: This opportunity can never be repeated as I can only launch a business once.
P.S.S: I'm still working behind the scenes during the BETA Launch to increase the speed at which some pages load on the Site. Thanks for your understanding!
Wednesday, June 26, 2013
It's Finally Here... The Beta Launch Date
My Website Is About to Go Live
and Your Private Invitation
Will Arrive Tomorrow!
Friends,
Mike Sinibaldi here with two updates that I promised I would make today.
The Beta Launch date of my new Site will be on this Friday, June 28th! I'll publish the URL at 9:00 am est but as part of my Special Launch Celebration, I'll be sending out your private invitation on June 27th, so you'll have access to the Site a day in advance. Remember, this is only for the people who have supported and followed me. So please, keep the link and the opportunity to yourself.
Until tomorrow...
Best of Trading
Tuesday, June 25, 2013
More Pre-Launch News!
Dear Friends,
I have some more news to share with you today.
Tomorrow, Wednesday, June 26th, I'm going to privately announce the Beta Launch date of my new Site AND it's only fair that those who followed me and supported me get the first crack at kicking the tires around before the general public. It's also two years of research, planning and effort coming to fruition, to build a real community of like minded elliott wave traders and investors... AND for those who might want to be... in it's modern form and certainly I'm spear-heading that effort.
I know many of you have been waiting for this day and I thank you for your patience! I can't tell you the rest of the details right now. You know its coming for sure and really soon.
In the meantime, I'll leave you with this nugget. I have a special opportunity for you. More about that in the days to come.
I do have some final tweaking to do on the Site and time permitting, I'll have at least two new articles waiting for you.
Until then,
Mike Sinibaldi
P.S. Be watching for my next update on Wednesday, June 26th, including an explanation on that something opportunity.
I have some more news to share with you today.
Tomorrow, Wednesday, June 26th, I'm going to privately announce the Beta Launch date of my new Site AND it's only fair that those who followed me and supported me get the first crack at kicking the tires around before the general public. It's also two years of research, planning and effort coming to fruition, to build a real community of like minded elliott wave traders and investors... AND for those who might want to be... in it's modern form and certainly I'm spear-heading that effort.
I know many of you have been waiting for this day and I thank you for your patience! I can't tell you the rest of the details right now. You know its coming for sure and really soon.
In the meantime, I'll leave you with this nugget. I have a special opportunity for you. More about that in the days to come.
I do have some final tweaking to do on the Site and time permitting, I'll have at least two new articles waiting for you.
Until then,
Mike Sinibaldi
P.S. Be watching for my next update on Wednesday, June 26th, including an explanation on that something opportunity.
Sunday, June 23, 2013
A Special Announcement on My New Website
Finally! My Efforts to Provide You
with a More Comprehensive Service Draws Nearer...
As most of you know, I've been diligently working on my new website and at the same time working towards obtaining my Certified Market Technician designation with the Market Technicians Association. That hasn't left much time for trading!
The Beta launch of the Site will take place in the next 1-3 weeks. Details on the exact date will be posted to this Blog-site and to Twitter as soon as they become available. So make sure that you check this Site often if you currently don't follow me on Twitter!
I know volatility has picked up and many of you might be asking yourself could 2008 happen again. But, I'm a bit ahead of myself here...
I've written several new articles designed to give you information on all sorts of topics, including:
* The 13 “Masks” of China’s Consumer Revolution and the threats you must be prepared for in 2013!
* The Japanese Bond Market: Correction or Looming Crisis!
* Coffee Essentials!
Those are just a few...
Whether you're just getting started or a seasoned investor or speculator, the Site has the resources to help you along the way! For those interested, I've made certain that the Site is interactive so you can learn faster, do what you do easier and provide the necessary framework for the further development of your investment or trading strategies; anticipate trend changes and spot opportunities.
Best of Trading,
Mike Sinibaldi
P.S. Don't forget to watch out for more pre-launch announcements.
Friday, May 31, 2013
Upside Resistance Levels I'm watching With Partial Wave Count
Appears to be a stop running exercise at 1673.5 with a possible reversal.
Today's close was horrendous. There were numerous (MOC) - Market on Close- where as near as possible to the close of a trading day a market order is executed.
Given the negative tape at the close, Monday should be interesting as nobody goes home with a future position without justification.
Friday's humor - About 3:52 pm EST, I tweeted, "I know that its 51 handles away but a print below 1586 could bring bears out of hibernation."
I guess they heard me and decided that could be a good idea.
Let's see if further weakness prevails.
Have a great weekend.
Best of Trading
======================================================================
ElliottwaveLive is not an investment advisory service or broker dealer. None of its contributors are registered investment advisors, licensed stock brokers or CTA's. The author may hold short term and long term positions in the futures, stocks and ETF's discussed herein. The author may also trade around those positions which may be in direct conflict with your positions. Complete trade disclosures of the contributor’s holdings are posted at www.elliottwavelive.blogspot.com. See Trader Disclosure.
Trade at your own risk. The blog site, Newsletter and all other information, material and content accessible from this Site (collectively, the "Content") provided herein provides the context for market analysis with respect to a market's, a security or a commodity's general position utilizing the Elliott Wave Principle. The Content contained herein are the opinion and general comments of the author and is based upon information that Mr. Sinibaldi considers reliable but neither ElliottWaveLive nor he warrants it's completeness or accuracy and it should not be relied upon as such. Mr. Sinibaldi or ElliottWaveLive (collectively, referred to as “EWL”) are not under any obligation to update or correct any content provided on this website. Any statements and or opinions are subject to change without notice. The content and comments contained herein neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade.
A more and comprehensive Risk Disclaimer and Disclosure Statements is available within the left margin of this blogsite.
======================================================================
Fair Disclosure Notice: I do not have a position in any of the aforementioned futures markets or securities related to this article.
Labels:
Market on Close,
MOC
Wednesday, May 29, 2013
Retest of Breakout Could Mean Sell In May
Yesterday I mentioned on Twitter that a retest of the breakout day had possibly occurred which incidentally coincided with Bernanke's Congressional testimony. Here's the chart for your review.
While not show, the level corresponds to .786 retracement and the concept of what was once support, once broken reverses and acts as resistance.
An initial five waves down from 1562.75, would bolster the probability that a larger price decline could occur...
Is 'Sell in May and Go Away' finally here?
We'll see.
Best of Trading
======================================================================
ElliottwaveLive is not an investment advisory service or broker dealer. None of its contributors are registered investment advisors, licensed stock brokers or CTA's. The author may hold short term and long term positions in the futures, stocks and ETF's discussed herein. The author may also trade around those positions which may be in direct conflict with your positions. Complete trade disclosures of the contributor’s holdings are posted at www.elliottwavelive.blogspot.com. See Trader Disclosure.
Trade at your own risk. The blog site, Newsletter and all other information, material and content accessible from this Site (collectively, the "Content") provided herein provides the context for market analysis with respect to a market's, a security or a commodity's general position utilizing the Elliott Wave Principle. The Content contained herein are the opinion and general comments of the author and is based upon information that Mr. Sinibaldi considers reliable but neither ElliottWaveLive nor he warrants it's completeness or accuracy and it should not be relied upon as such. Mr. Sinibaldi or ElliottWaveLive (collectively, referred to as “EWL”) are not under any obligation to update or correct any content provided on this website. Any statements and or opinions are subject to change without notice. The content and comments contained herein neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade.
A more and comprehensive Risk Disclaimer and Disclosure Statements is available within the left margin of this blogsite.
======================================================================
Fair Disclosure Notice: I do not have a position in any of the aforementioned futures markets or securities related to this article.
Labels:
Sell In May and Go Away
Friday, May 24, 2013
Matching a Waves Personality with Your Count
It's so important to match the personality of a price pattern with your count. When they diverge, something may be wrong in your assessment.
Earlier today I posted this chart of the e-mini S&P 500 where I showed two high probability scenarios that might be unfolding based upon my evaluation of most recent price action.
So far so go in that assessment! However, the personality of the waves must match your evaluation of market structure.
In the same way, when evaluating a price chart in real- time if the wave personality doesn't match price action, it's often your first sign of trouble and an opportunity to reassess, take protective action against loss, or use progressive stops to lock in gains.
I hope you found this quick tip helpful and ...
Best of Trading
Fair Disclosure Notice: I do not have a position in any of the aforementioned futures markets or securities related to this article.
Earlier today I posted this chart of the e-mini S&P 500 where I showed two high probability scenarios that might be unfolding based upon my evaluation of most recent price action.
So far so go in that assessment! However, the personality of the waves must match your evaluation of market structure.
"It's almost like a Doctor seeing a patient. You describe the symptoms.
They must match the diagnosis! This is called a differential diagnosis"
In the same way, when evaluating a price chart in real- time if the wave personality doesn't match price action, it's often your first sign of trouble and an opportunity to reassess, take protective action against loss, or use progressive stops to lock in gains.
I hope you found this quick tip helpful and ...
Best of Trading
======================================================================
ElliottwaveLive is not an investment advisory service or broker dealer. None of its contributors are registered investment advisors, licensed stock brokers or CTA's. The author may hold short term and long term positions in the futures, stocks and ETF's discussed herein. The author may also trade around those positions which may be in direct conflict with your positions. Complete trade disclosures of the contributor’s holdings are posted at www.elliottwavelive.blogspot.com. See Trader Disclosure.
Trade at your own risk. The blog site, Newsletter and all other information, material and content accessible from this Site (collectively, the "Content") provided herein provides the context for market analysis with respect to a market's, a security or a commodity's general position utilizing the Elliott Wave Principle. The Content contained herein are the opinion and general comments of the author and is based upon information that Mr. Sinibaldi considers reliable but neither ElliottWaveLive nor he warrants it's completeness or accuracy and it should not be relied upon as such. Mr. Sinibaldi or ElliottWaveLive (collectively, referred to as “EWL”) are not under any obligation to update or correct any content provided on this website. Any statements and or opinions are subject to change without notice. The content and comments contained herein neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade.
A more and comprehensive Risk Disclaimer and Disclosure Statements is available within the left margin of this blogsite.
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Fair Disclosure Notice: I do not have a position in any of the aforementioned futures markets or securities related to this article.
Labels:
wave personality
Remember This Chart of DJIA?
I offered this chart back on February 8, 2013 that showed the potential for a slowing trend. You can read the previous article by clicking on the link.
Fast forward, while price progression has failed to reach the higher blue return line, price has managed to reach the upper return line of the intermediate trend that began on October 2011.
One should have expected resistance upon a test of the upper boundary. The fact that price respected the line proves it's significance. Should an upside break occur at this junction, that could signal an acceleration of trend or if price fails to hold above the upper channel line it may signal exhaustion.
Let's see what develops.
Best of Trading
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ElliottwaveLive is not an investment advisory service or broker dealer. None of its contributors are registered investment advisors, licensed stock brokers or CTA's. The author may hold short term and long term positions in the futures, stocks and ETF's discussed herein. The author may also trade around those positions which may be in direct conflict with your positions. Complete trade disclosures of the contributor’s holdings are posted at www.elliottwavelive.blogspot.com. See Trader Disclosure.
Trade at your own risk. The blog site, Newsletter and all other information, material and content accessible from this Site (collectively, the "Content") provided herein provides the context for market analysis with respect to a market's, a security or a commodity's general position utilizing the Elliott Wave Principle. The Content contained herein are the opinion and general comments of the author and is based upon information that Mr. Sinibaldi considers reliable but neither ElliottWaveLive nor he warrants it's completeness or accuracy and it should not be relied upon as such. Mr. Sinibaldi or ElliottWaveLive (collectively, referred to as “EWL”) are not under any obligation to update or correct any content provided on this website. Any statements and or opinions are subject to change without notice. The content and comments contained herein neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade.
A more and comprehensive Risk Disclaimer and Disclosure Statements is available within the left margin of this blogsite.
======================================================================
Fair Disclosure Notice: I do not have a position in any of the aforementioned futures markets or securities related to this article.
Labels:
DJIA
Thursday, May 23, 2013
Emini S&P 500
How yesterday may have unfolded.
Fair Disclosure Notice: I do not have a position in any of the aforementioned futures markets or securities related to this article.
The Bernanke testimony before the Joint Economic Committee, U.S. Congress had traders on the edge of their seats. At the time, I tweeted, "Spirited trading today" and the bulls were pushing the market higher. Possibly they drank from the punch bowl that Bernanke had spiked so many times before and it tasted different.
Approximately an hour later, the breakout was in jeopardy. When the 240 minute bar closed, the message was clear. The breakout failed. Fittingly, Martin Pring describes this intraday pattern as a Pinocchio Bar.
Initially, several Fibonacci relationships lead me to believe that an argument could be made that a five wave sequence ended at what is now labeled as w.iii circle. However, given the loss of 1646.5 in the overnight session and subsequent price action I offer this count. Confidence remains against the figure 1632.75.
Price has already advanced off the lows in what appears to be a corrective move. That's what we would expect if a a w.2 or w.b was unfolding.
While the sea may be full of red at the moment, it is in my opinion that a correction of the prior day's decline may be in order.
Let's see what develops.
Best of Trading
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ElliottwaveLive is not an investment advisory service or broker dealer. None of its contributors are registered investment advisors, licensed stock brokers or CTA's. The author may hold short term and long term positions in the futures, stocks and ETF's discussed herein. The author may also trade around those positions which may be in direct conflict with your positions. Complete trade disclosures of the contributor’s holdings are posted at www.elliottwavelive.blogspot.com. See Trader Disclosure.
Trade at your own risk. The blog site, Newsletter and all other information, material and content accessible from this Site (collectively, the "Content") provided herein provides the context for market analysis with respect to a market's, a security or a commodity's general position utilizing the Elliott Wave Principle. The Content contained herein are the opinion and general comments of the author and is based upon information that Mr. Sinibaldi considers reliable but neither ElliottWaveLive nor he warrants it's completeness or accuracy and it should not be relied upon as such. Mr. Sinibaldi or ElliottWaveLive (collectively, referred to as “EWL”) are not under any obligation to update or correct any content provided on this website. Any statements and or opinions are subject to change without notice. The content and comments contained herein neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade.
A more and comprehensive Risk Disclaimer and Disclosure Statements is available within the left margin of this blogsite.
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Fair Disclosure Notice: I do not have a position in any of the aforementioned futures markets or securities related to this article. Japanese 10-yr Bond
ANNOUNCEMENTS: I'm about a month away from a beta launch of my new website and I'm busy adding content. Yesterday, I wrote an article for my new website yesterday on Japanese bonds. Given the overnight moves in both the Nikkei 225 and the Japanese 10-yr Bond, I wanted to at least extend the charts to my readers. While I won't be adding my opinion and insight herein, I'll leave you with a hint. Is the pattern enclosed in the rectangle the beginning of a crisis or an unfinished corrective pattern?
Best of Trading
Fair Disclosure Notice: I do not have a position in any of the aforementioned futures markets or securities related to this article.
Best of Trading
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ElliottwaveLive is not an investment advisory service or broker dealer. None of its contributors are registered investment advisors, licensed stock brokers or CTA's. The author may hold short term and long term positions in the futures, stocks and ETF's discussed herein. The author may also trade around those positions which may be in direct conflict with your positions. Complete trade disclosures of the contributor’s holdings are posted at www.elliottwavelive.blogspot.com. See Trader Disclosure.
Trade at your own risk. The blog site, Newsletter and all other information, material and content accessible from this Site (collectively, the "Content") provided herein provides the context for market analysis with respect to a market's, a security or a commodity's general position utilizing the Elliott Wave Principle. The Content contained herein are the opinion and general comments of the author and is based upon information that Mr. Sinibaldi considers reliable but neither ElliottWaveLive nor he warrants it's completeness or accuracy and it should not be relied upon as such. Mr. Sinibaldi or ElliottWaveLive (collectively, referred to as “EWL”) are not under any obligation to update or correct any content provided on this website. Any statements and or opinions are subject to change without notice. The content and comments contained herein neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade.
A more and comprehensive Risk Disclaimer and Disclosure Statements is available within the left margin of this blogsite.
======================================================================
Fair Disclosure Notice: I do not have a position in any of the aforementioned futures markets or securities related to this article.
Labels:
Japanese 10-yr Bond,
Nikkei 225
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