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The content on this site is provided as information only and should not be taken as an investment advice. This site's content shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author and are for entertainment purposes only. Any investment decision that results in losses or gains made based on any information on this site is not the responsibility of the author.
I have been trading stocks since 2008 and options since 2009. I developed an interest in stock market from my mom, who has been trading in India since 1992. I have a day job and I primarily trade for fun. My interests are technical analysis and trading options. I primarily use support and resistance levels, fibonacci retracement levels, MACD and RSI as my trading tools. To me, Elliot waves are good to explain past market movements but they are not as good in predicting future market direction.
Elliott Wave Update ~ 28 February 2012
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Yesterday, EWI pointed out that the NASDAQ Composite had closed up two days
in a row with negative breadth. Today was also a negative breadth day
despite t...
A Look at 4-year Cycles
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As I have stated many times, my *Trend System* does not issue signals on a
strict time relationship. (See this post for more details: *Dec 8 - Daily
Cycles...
02/28/2012 Trading Signals
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Not sure about tomorrow, it’s a Leap Day, (wondering, by the way, anyone
born on Leap Day? How do you celebrate your birthday then?), the
performance is ...
2/28/12 - EOD Update
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The primary count is looking for wave c of 5 of the ED to complete. We'll
see if the market intends to tag the upper pink or purple trend lines.
1375-13...
Emerging Markets ETF versus BRIC Countries
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Below are a series of 2-Year Daily charts. I'll be comparing the current levels of the Emerging Markets ETF (EEM) with those of the BRIC countries for the pu...
tuesday update
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SHORT TERM: investors await LTRO 2 results, DOW +24 Overnight the Asian
markets were higher: gaining 1.4%. Europe opened higher and gained 0.4%. US
index f...
Time To Cash Out
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I don’t really have much to say today on the equities front. The tape is
flailing around just as expected and there’s nothing for us to do unless we
paint ...
IWM in a range
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- IWM four hour chart with a range between 81 - 83.30. Price closing
outside this range should give good direction.
- Price is near 50 Period sma...
HPQ, get new price channel here!
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TweetLikeTweetWeb Counter HPQ beat street by 6 cent.
http://articles.marketwatch.com/2012-02-23/markets/31089934_1_h-p-shares-leo-apotheker-expectations
Tr...
Another Day, Another Dollar
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It’s another glorious day in the market as short sellers continue to feel
pain calling tops. The portfolio is up near 2% thanks to gains in $RENN,
$RGLD, &...
Guesstimates on February 28, 2012
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*March S&P E-mini Futures: *Today's day session range estimate is
1353-1368. The rally from the November 25 low has carried the market up to
and a little...
How Much Gas Is Left in This Inflation Rally?
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How Much Gas Is Left in This Inflation Rally?
Once again, the major stock market indexes are trading higher before the
opening bell at the New York Stock...
SPY : In case we close above $137.20 !
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The SPY is reluctant to stop the "rally mode". The break and close above $137.20 seems close at hand now as i'm typing this. The real question now is : What ...
Dow Theory Divergences
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The dip buyers had yet another great day yesterday as the large opening gap
down was swiftly converted into a new high on SPX since the March 2009 low.
Tha...
Market Timing Update (2/28/12)
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*[EOD] Stocks - *
The wave structure in cash SPX appears (at least near term) terminal (*Chart
1 and Chart 2*), which that in ES can still be counted as a f...
2/27
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*The video is posted below the headlines. I've also posted a funny video
about the Greece deal. *
Please take the time to support this site. Greece is toas...
Monday 2/27/12 Market Update
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There is really no change to the count from Monday's update. The wave
action over the past week or two is now a bit unclear with today's deep
retracement ...
Moving comments
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I'm going to move comments to the website for the time being. Troll spam is
really starting to degrade the blog so I'm going to give it a breather for
a wh...
EURUSD Daily Market Thought 26022012
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This is one of the chart we update to members this weekend.
If you non-member check conditions
http://followmarketrend.blogspot.com/p/members.html
Click to ...
Banks, Gas in Cash; SPX Rally Done?
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Three signals take effect on Monday's open of trading in my COTs Timer
trading strategy: cash for the *BKX U.S. Bank Index* and *natural gas*, and
bearish ...
GLD, SLV - February 22, 2012
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SLV has been outperforming both GLD and S&P.That is Good and must
continueGLD must start outperforming S&PMy reasoning is simple. I want to
play outperform...
OpEx and Index Highs
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The expected (see OpEx Week and Multi-Month High) short-term pullback took
two days only, and the SPY (S&P 500 SPDR) closed out February’s option
expiratio...
A $SPY On the Floor Which Chose to Soar
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Back in August of 2011 I put up a quick post on SPY writing about a
possible bottom, since then the market has managed to work its way higher.
Even though...
Automated System
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Well, after nearly 2 years of working on it, it is finally here. I have
launched my automated system for the NinjaTrader platform. You can find it
at trade...
Subscription Policy
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Welcome to all subscribers and would be subscribers. You have two
subscription options a single month trial for $100, or a quarterly
subscription for $250/...
You Are Part Of The Herd
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I have a philosophy about life that everyone I meet has something to teach
me. From the panhandler to the successful entrepreneur it doesn't matter -
I kno...
Additional ...
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To complete the previous post, it may be a good idea to show the reasoning
behind our exit around 1200.
The following is my projection from August 12, 20...
EWI’s secret count
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Last week Steven Hochberg, of EWI, removed labels from his Short Term
Update (STU) because…. well because… His Elliott Wave Analysis has not been
working s...
Wave (c) Down
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Today’s late-afternoon decline indicates that wave (c) down has begun.
Minor 4 is unfolding as either an expanded flat or triangle, which we will
be able t...
ALERT!!!
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I have a new blog site up. This new blog site is better than this one.
Click on the following link to access it, www.dailymarketaction.weebly.com.
There are...
Another Crazy OPX Friday TGIF
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Well all I can say is this hs been one crazy week! I am so glad it’s Friday
I can’t even tell you…..:-) I am going to make this short and sweet, as I
expec...
ANOTHER CONFIRMATION MET
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This morning the miners met one more confirmation that needed to happen.
The point and figure chart has now turned bullish.
That's just one more tally tha...
SPX -FOREX
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First off I have been playing FOREX EUR/USD reason why I haven't posted
much about the SPX... So I would like to give a quick update on the SPX and
then an...
Kickoff! – Nov. 19
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Minute Degree Tops are usually Structures; bottoms are usually Spikes. A
Top in process will take days to form and can seem to take forever for a
Swing Tra...
Welcome to MarketTimingCycles.com
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Welcome to MarketTimingCycles.com blog space. MarketTimingCycles.com is a
publisher and publishes analyses and reports providing information on
selected se...