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Relocation to Instagram

Dear Readers, Thank you for the support in the past few years.  Please note that future updates will be move to my IG as below, and this blog will be closed on 31 Dec 2024, thanks. https://www.instagram.com/subjective.elliott.wave/ Best Regards 西門談浪

Weekly US Stock Market Review – 03 Aug 2024 一周美股回顧

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  Weekly US Stock Market Review – 03 Aug 2024 The S&P 500 Index went down 2 .06 % this week and closed at 5 346 . The pull back of SPX has continued this week, which we believe is the Micro a of the Minute iv pull back. In the short term, we’re in the Intermediate iii wave which will have 5 Minor waves. As we have the Minor 1 at 4100, Minor 2 at 3764, and we’re in the Minor 3 rally. The Minor 3 will have 5 Minute waves, and we have 4195 as Minute i, 3808 as Minute ii, and Minute iii ended at 5669 pivot, and we are at the Minute iv pull back. We keep our minimal target for Minute iv is 5102 pivot, the 2 nd target is 4953 pivot, with 3 rd target at 4607 pivot. The extreme target for Minute iv is 4203 pivot but we believe the chance is very small. In the coming week, the short-term support lies at 5264 and 5192 , while resistance is at 5361 and 5446 . The short-term MACD continue with a bearish crosss , and the RSI is at slightly oversold status on Friday

Weekly US Stock Market Review – 27 Jul 2024 波浪理論/圖表派: 一周美股回顧

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  Weekly US Stock Market Review – 27 Jul 2024 The S&P 500 Index went down 0 .83 % this week and closed at 5 459 . We maintain the mid term trend for SPX is uptrend. The pull back of SPX has confirmed the Minute iii ends at 5669 points, the Minute iv pull back starts. Our long-term labeling on the SPX is we are in the Super Cycle 3 , after Super Cycle 1 bull ends at 1576 in 2007, and Super Cycle 2 bear market ends at 667 in 2009 . W e’re in the Cycle 1 bull market of Super Cycle 3 . Cycle 1 wave have 5 primary waves, and Primar y I finished at 2134 in 2015 (with 1467 points), and Primary II ended at 1810 in 2016, then we proceed to Primary III. We expect the Primary III will arrive 10,000 points. In the medium-term, Primary III has 5 Major waves, where Major 1 closed at 3394 in 2020 (with 1583 points), and Major 2 ended at 2192, and we’re in Major 3 now. The Major 3 wave will have 5 Intermediate waves, the Intermediate i has already finished a

Weekly US Stock Market Review – 20 Jul 2024 波浪理論/圖表派: 一周美股回顧

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  Weekly US Stock Market Review – 20 Jul 2024 The S&P 500 Index went down 1 . 9 7 % this week and closed at 5 505 . We maintain the mid term trend for SPX is uptrend. The SPX has finally started a pull back and we added a tentative Minute iii at 5669 points . Our long-term labeling on the SPX is we are in the Super Cycle 3 , after Super Cycle 1 bull ends at 1576 in 2007, and Super Cycle 2 bear market ends at 667 in 2009 . W e’re in the Cycle 1 bull market of Super Cycle 3 . Cycle 1 wave have 5 primary waves, and Primar y I finished at 2134 in 2015 (with 1467 points), and Primary II ended at 1810 in 2016, then we proceed to Primary III. We expect the Primary III will arrive 10,000 points. In the medium-term, Primary III has 5 Major waves, where Major 1 closed at 3394 in 2020 (with 1583 points), and Major 2 ended at 2192, and we’re in Major 3 now. The Major 3 wave will have 5 Intermediate waves, the Intermediate i has already finished at 4818,

Weekly US Stock Market Review – 13 Jul 2024 波浪理論/圖表派: 一周美股回顧

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  Weekly US Stock Market Review – 13 Jul 2024 The S&P 500 Index went up 0 . 87 % this week and closed at 5 615 . We maintain the mid term trend for SPX is uptrend. The SPX has a nother rally week in the past few days which successfully break the 55 94 resistance. Our long-term labeling on the SPX is we are in the Super Cycle 3 , after Super Cycle 1 bull ends at 1576 in 2007, and Super Cycle 2 bear market ends at 667 in 2009 . W e’re in the Cycle 1 bull market of Super Cycle 3 . Cycle 1 wave have 5 primary waves, and Primar y I finished at 2134 in 2015 (with 1467 points), and Primary II ended at 1810 in 2016, then we proceed to Primary III. We expect the Primary III will arrive 10,000 points. In the medium-term, Primary III has 5 Major waves, where Major 1 closed at 3394 in 2020 (with 1583 points), and Major 2 ended at 2192, and we’re in Major 3 now. The Major 3 wave will have 5 Intermediate waves, the Intermediate i has already finished at

Weekly US Stock Market Review – 6 Jul 2024 波浪理論/圖表派: 一周美股回顧

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  Weekly US Stock Market Review – 6 Jul 2024 The S&P 500 Index went up 1 . 95 % this week and closed at 5 567 . We maintain the mid term trend for SPX is uptrend. The SPX has a rally week in the past few days to celebrate the holiday , which successfully break the 5535 resistance. Our long-term labeling on the SPX is we are in the Super Cycle 3 , after Super Cycle 1 bull ends at 1576 in 2007, and Super Cycle 2 bear market ends at 667 in 2009 . W e’re in the Cycle 1 bull market of Super Cycle 3 . Cycle 1 wave have 5 primary waves, and Primar y I finished at 2134 in 2015 (with 1467 points), and Primary II ended at 1810 in 2016, then we proceed to Primary III. We expect the Primary III will arrive 10,000 points. In the medium-term, Primary III has 5 Major waves, where Major 1 closed at 3394 in 2020 (with 1583 points), and Major 2 ended at 2192, and we’re in Major 3 now. The Major 3 wave will have 5 Intermediate waves, the Intermediate i has al