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$SPY on its final 5 wave move up!

Trump calling out for increasing the tax on Chinese goods to another 15% to a total 30% on over 200 billion worth of Chinese goods spooked the market enough to go down on its 4th wave down on a larger degree green count.

As per this count with the 3rd wave extended. One of the rules of Elliott wave says that the 1st and 4th wave will be equal.  The 1st wave move was $12 and this wave should end at $300 before we can see a reversal.


On the 5min chart below you can see the W (abc)-X-Y(abc) structure . The W is a zigzag and Y is a running flat. Which should end at $285 and if it breaches 884.50 then the count is invalid since the 4th wave in larger degre would have overlapped the 1st wave.



$SPY, $AAPL and $BABA wave counts for the month of April 2019

If you read the news today witht he DOW dropping 150 points and the NASDAQ looking to open lower the Boeing announcement of cutting the 737 MAX production and the big news that GE dropped more then 10% it all looks like doom and gloom. However the $SPY technical chart tells a different story that we are in a 3rd wave of (3) that is usually the strongest bull move. The signs are not all that strong at this moment but we still have ways to go to $293-$295 and we are currently sitting at $288 . The next $5 move should be a strong move.


Apple is on a 3rd wave move as well and this looks like another strong move to the upside how ever the RSI and MACD have negative divergence that seems to suggest that they are going to either reverse or have a consolidation.



Where are we in the Elliott Wave Count on S&P 500 as of March 3/9/19

As the chart below shows, we are in a corrective pattern falling from that massive resistance on top at $282 region a week ago. The corrective pattern ensues in a ABC of which the A subdivides into 5 waves, B in 3 waves and C in 5 waves to finish the pattern.  What you see below is an hourly time frame. The sharp decline from near $282 to $276 is the initial wave 1 (A) which retrace back into Wave 2(A) to $278 . Now according to Elliott wave theory the wave 1 is typically either .38%  or .618 % of the entire move. Going with the .38 % the end of wave 5 should put us at the yellow spot on the diagram which is $268.72 when confluence with the Fibonacci time ratio.

Also looking at the channelin dotted line shows how the wave 3 the strongest  so far has retrace back to the channel line should end at $268.70

$SPY finished a running flat on 15 min wave 2 Elliott Wave 2-8-19

What we have today the Friday is a running flat that ended at $270 that is waiting to start head down in the 3rd wave. It was looking like the 2 was in place where the arrow blue arrow at running flat is but the price action did a 180 at $267.37


Another crucial day for the $SPY tomorrow , Friday the 11th 2019

Why is it crucial for $SPY to test $260 and then falter, because that is what the B(AB) wave is supposed to do. On a 2h chart you can see the last  decline from $280 till now corresponds with the 61.8% at $263 and the current uptrend or the ABC the C should end at the confluence of 161.8%  fo the magenta 1, 2 wave.

.Any time there is confluence, then we can be most certain.

SPY Elliott Wave prediction for last day of 2018!

Daily Chart Elliott Wave Count: The retrace of the last trend move is 50% so this is a wave 4 , if it was a wave 3 then it should have only retrace 38% or there about. Since this is a 4th wave the next move must be reversal to form a triangle. The past 3 days formed a ABC 3 wave move and since reversed , so it is heading down lower.


The 5th wave bottomed on the 5 min chart at $232.61 and set  course of ABC to potentially form some sort of flat correction. The ABC move happened in a 2 day period with almost a 1000 point  in 2 consecutive move which prompted to make people think that this was the rebound and every one were euphoric about a bull market resumption. The $SPY has just finished a 50% retrace of the previous move in a typical ABC flat correction. The Friday price action was whip saw like in going back and forth. It had tested the resistance of $250 in pre market but had to come back and test that again in regular market there my shaking all the week hands on double top and dropping like a rock after that test. If this indeed is wave 3 of a larger downtrend then this can be counted as a 1-2

Elliott Wave Zig Zag variation

The Elliott wave analysis on the spy has been a very elusive one so far and the most curve ball I have seen is this one below.As  you can see, that the expected next leg on the ZZ had a twist where the sharp triangle move seemed like a move down to finish the second triangle ended up being a continuation of a 3,4&5 move. to finish the larger degree ZZ.

Lulu Predictions

Weekly on LULU seems like the AB leg in progress of a larger move and then upon confirmation of the end of the B leg , a trade to take on BC leg is most probable trade . If it coincides with the $SPY reversing from its UP move in its triangle 4th wave sequence.


Canada Goose is on the BC leg correction of the ABC and once the correction ends , should see a reversal trend, wait for confirmation as of 12/16/18

Case for ticker symbol AMD, forward looking waves as in Elliott Waves

If you look at the weekly drawing for AMD, the wave count is on the downword movement and the first leg of the Zigzag has fallen 15 pts and the correction leg or the AB leg of the zigzag hasto be around 50% of that and by that expectation this wave is only 4 points into that 50% retrace.


If you look at the hourly chart, the purple is the highest degree there is since the price action started going south. A Zigzag has been completed and we are in the corrective wave of that larger degree. Now if you look closer to the corrective wave form. it is a leading diagonal with a 5-3-5-3-5  and the last 5 wave is yet to come, watch!!!!!

On 11/9 morning at 7.43 the beta was in 3’s


Put to call ratio was .672

Cellphone tower landscape is going to change, and you will be not surprised

The advent of 5G has been long coming and the way it has done it is that of many ways in which you can get valuable information is very unique. When the 5g network starts beaming its light of cell phone signal at us , we would be hard pressed to realize that it is here. 4G paved the way for 5G and we did not see it coming. When we were busy changing phones and living our lives 1 social network at a time and one post from getting likes to one post getting blocked by Facebook. The Facebook revolution was the ultimate nail in the coffin of society we used to know. The old ways of meeting people at a bus station, at a coffee shop or at the gym is not the IT. The cool people have moved online to meet, greet and forget all on the same day. We have always since the day of dawn have evolved to use the most powerful organ of ours , the Brain. We automated killing for meat with farms. We automated the entertainment with Television, farming with machinery and even battle by Nuclear weapons.

I think it is very appropriate to expect our kids say , “OK Google”, ‘Tell my mom that its time to change my diaper’ before we can expect them to say “mom” . The 4G network has exceeded its limit of operation and it is ready to be sent to the back burner. The new flavor of this data hungry millennial is 5G , the world thinks, it is ready to move on to the next thing. The Internet and the WiFi enabled us and opened our eyes to what is possible and what is not. We want virtual reality and without 5G network , that will not be possible. So, this is all about that and virtual reality is going to get this power hungry data loving society the best solution. You know the AR’s and VR’s are just waiting in the wings to get word that the 5G network is deployed in all cities and the frenzy will pursue.

Will a WiFi Repeater be Solution for our Problems??

A WiFi repeater or extender is used to extend the coverage area of your WiFi network. It works by receiving your existing WiFi signal, amplifying it and then transmitting the boosted signal. With a WiFi repeater you can effectively double the coverage area of your WiFi network – reaching far corners of your home or office, different floors, or even extend coverage to your yard.
WiFi boosters, repeaters, and extenders are mostly the same thing – basically the devices to improve WiFi coverage. There isn’t a clearly defined difference between devices that manufacturers describe as “repeaters” and devices described as “extenders”. However, not all WiFi extenders work in the exact same way. There are several different kinds of devices available and below we aim to explain what those differences are and how they work, so that you can choose the best WiFi repeater for your circumstances.
One of the best options for a new router is the Archer C9 AC1900 Router from TP-LINK which offers 802.11ac, the next generation of WiFi. It’s a dual band router with ultrafast dual core processors and four gigabit ethernet ports for use with Smart TVs or game consoles. It comes with unique Beam forming technology. This technology allows the routers to concentrate the WiFi signal towards your WiFi devices. By targeting the WiFi signal to where it’s being used, the speed and performance of your network is greatly increased.
WiFi Repeater effectively contains two wireless routers, similar to the wireless router you already have in your home or office. One of these wireless routers picks up the existing WiFi network. It then transfers the signal to the other wireless router, which transmits the boosted signal.
WiFi Repeaters are very easy to install. All you have to do is place the repeater in a location that can receive your existing WiFi network, and then attach the power supply. You can then log into the WiFi repeater via your computer, and input the login details and password of your existing WiFi network, to allow the WiFi repeater to connect and extend.
A major advantage of this repeater being it creates a second network. If your first network is not available, your device will connect to the second. But in some parts of your house, your device will be able to detect both networks at the same time. This means that if you wish to change from the original network to the boosted network you will have to disconnect and then reconnect.
All WiFi repeaters have some speed loss, but some are much worse than others. WiFi repeaters work by receiving wireless signal and rebroadcasting it, but single band repeaters have to receive, then retransmit each packet of data using the same radio on the same channel. This can cost single band repeaters 50% of their bandwidth.
One final feature that helps reduce speed loss is dual radios. If the device has dual radios, it can speak to the main router on lower channels, and then rebroadcast on higher channels. The Hawking Smart Wifi Repeater Pro (HAW2R1) uses two Wi-Fi radios. One Wi-Fi radio receives the signal and the other radio rebroadcasts the boosted signal. This clever design allows the boosted signal to utilize a different WiFi channel, which greatly increases performance compared to single radio repeaters. The Smart Repeater Pro also has a very powerful high gain antenna that can pick up even very weak WiFi signals, and it rebroadcasts that signal on two powerful 3dBi omni-directional antennas.