Archive for June, 2019

On the razor’s edge…

Posted on Jun 23, 2019 by .

0 By a hair prices have made a new high.  This awaits confirmation.  Elements to consider:  Climax like volume; Flag formation is not complete and has more upside in it; Confirmation should ignite a strong new wave; Is this the top of a second wave of a double top pattern? Confirmation is a strong […]

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Posted on Jun 17, 2019 by .

0 This powerful upwave appears to stall over the past five days.  Or perhaps it’s not a stall but a  flag.  Flags have the function of replacing a correction or downwave.  And they are very bullish.  Edwards noted that “the flag flies at halfmast”.  That would mean if the price breaks up we would look […]

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Buying signals…

Posted on Jun 09, 2019 by .


The market is showing all the signs of breakout.  Here in the SPX it looks like we are seeing a stong zeta wave breaking the downtrend line.  We added to our position. Individual issues are showing the same kind of pattern, and we see AAPL, MSFT, and AMZN (among many others) as buyable issues.  […]

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Real downtrend…

Posted on Jun 03, 2019 by .

0 The previously identified abgz formation  we have looked at has collapsed and is much larger than appeared.  We are now in the gamma wave and worse, are in a downtrend  that is not predictable.  Eventually we will see a zeta wave, but when is not known.  Classic management technique directs either exit from the […]

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