Andy Pancholi’s Market Report Video Here’s a link to Andy’s new market report video. In it, he takes you through the June report and shows you how to use it. http://cyclesanalysis.evsuite.com/mtr-20-june-2016/ ___________________________ Update Wednesday, June 22, 6:30PM EST Above we have the 30 minute chart for the SP500. We still appear to be working through this… Read more
Market Forecast Overview
Update Friday morning, June 17, ~10AM EST Above is a 3 minute chart of SP500 this morning. It’s not a typically motive wave, but rather an A wave with 5 subwaves. I’ve drawn on lines that show where the retrace might go down to. The wave is short in terms of meeting the previous 4th… Read more
Update Friday, June 10, 10:30 AM EST Above is the 60 minute chart of ES (emini SPX futures). I’m showing the possible expanding ending diagonal. The final wave would be go up in three waves past the upper trendline (the throw-over) before turning down for good. I’ll post the alternate converging ending diagonal on the… Read more
Update Friday, June 3: Before the Open Above is the 60 minute chart of ES (emini futures) this morning after the labor report. We dropped as I’d expected and this is the pattern I was seeing yesterday, and if it holds, a possible ending diagonal shaping up. USDJPY has technical damage so we’ll wait see what… Read more
Update Friday, May 27: Before the Open US futures have all done double tops (SPX did so yesterday) so we’re all lined up for the fourth wave drop. USDJPY at an inflection point. Watch for a big drop very soon. USDCAD and EURUSD continue on to their targets, as does Gold. ______________________ Update Thursday, May… Read more
Update Friday, May 20, 2PM, EST Above is the 3 minute chart of the SP500 showing my count so far. I’m still expecting a fifth wave to unfold if this count is correct. ___________________________ Update Friday, May 20, 10:30AM EST Above is the 5 minute chart of ES (emini futures of SPX) showing the wave… Read more
Update Friday, May 13, Noon EST Updated at 3:30 PM EST: Above is the 30 minute chart of the SP500. The triangle appears complete now in the SP500, but not in ES. In the SP500, the direction now is up to a new high—the target still 2116. It may take us a while to get there. The… Read more
Update Friday, May 6, ~ At the close Above is the 60 minute chart of ES showing what looks like an ending diagonal. If so, we’ll see one more wave down. The wave up today is in three waves, so it should come down. I’ve been able to count 5 waves in its C wave. Above is… Read more
Update: Friday April 29, 1PM, EST Above is the 60 minute chart of ES (SPX emini futures) showing the fourth wave triangle in progress. I will post a little study in the forum on the weekend so you can see how the blue circle area has resolved itself. If you’ve been following along, you know… Read more
Update Thursday, April 22, Before the Open Sometimes you just need to sleep on things to think through what could be happening … (chart updated ~12:30PM EST) Above is the 60 minute chart of ES (emini SPX futures). I’ve completely re-labelled this wave and I’ll tell you why. The circled area has always been the area of… Read more
