New-Wave Elliott Big Picture Monthly and 2-hour views for long and short ETFs and Indeces

Mark Crumblin Author is a PRO member Rank: 42 Followers: 21 Votes: 3 Years Member: 2 Last Update: 28 March 2017, 2:59 Categories: Market Timing
Elliott Wave Analysis

Nov 28, 2016 - Documented Hacking on Stockcharts$26+Votes+final.pdf -Avatars put BACK Dec 1, 2016


1 $SPX - 30 min Zoom

Sold Long to Go Short at the Close 2164.2 Nov 14
Sold SPX short @ 2132 Nov 8 (Timer digest uses the close 2139)
LONG at the close 2150.49Oct 4
Covered short SPX limit 2145 Oct 4
The Wick ending in b purple indicates a reversal to the downside

1b $SPX Daily

1b S&P 500 arithmetic scale

Each Bearish plunge begins with an echoing, Bearish Diag II, the one in the top right corner above in monthly increments is magnified below in Daily shapshots...the Spike from the Small, Bullish Diag II in 1987 geared up the Bull, just as its reciprocal, Bearish Diag II heralds the Cataclysm

1c $SPX Daily 2 2

This Daily chart represents the final fractal highlighted in yellow on the monthly scale above

2 UVXY 30-min 2

UVXY Long Volatility, & SVXY unlevered Inverse volatility
Full pos UVXY average cost 13.75(68.75 after reverse split) Nov 9
Sold all SVXY limit 72 cost 68.10 Nov 3
Sold all UVXY limit 17.8 or better Nov 1cost 15.21
Sold 1/2 pos limit 16.3 Nov1
Sold 1/3 UVXY limit 18.23 off 18 limit Oct 13
Sold 2/3 UVXY limit 17.75Oct 17 (hi 17.88)
Sold half position @ 25.20 off open Sept 13 (26.10 high of the day)
Bot ½ back pos UVXY limit 21.6Sept 19 at the opening

2a VIX Bear Index - Monthly 2

The VIX is the index echoed in UVXY above, the longest 5th occurs after magnitude gears up in or after the 4th wave, The Spike in the $VIX is the CRASH in long equities, extremely low bond yields virtually insure a 'recession' ahead, highly underestimated concurrent with abnormally low volatility is analogous to the calm before the storm

2b $USD - Monthly

in the alternate count the dollar peaked at 104, in Jan, and this is the reversal into a DIVE...npte tyhat the previous 4th of one lesser degree was matched at 99 long ago

2c SVXY D 2

3 Bearish Correlations to SPKE in the Crash

All inverse Asset Classes set to SPIKE in the CRASH; Short Dollar, Short T-bonds, Short all US Stcoks, Short Europe, Australia & the Far East, Short Emerging Markets.... Gold, Oil, Gas and the Euro are winners in the CRASH!

3 GOLD - Monthly

GOLD overbought SHORT GOLD June 23. after a pull back, Gold to Begin a Bear Market Rally to a new, all-time High

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