ElliottWaveStats

ElliottWaveStats

My model says it is likely to forecast wave 5 from the current low zone of 43,400 (83% Bottom probability) to new highs of 65,900/66,000.00 Let´s see what happens (I´m bought by now).

ElliottWaveStats

The count is still fuzzy, but Probability Boxes(84% Prob.) seems to anticipate a side way ahead, between 1,730 and 1,450 (Target Shell Zone). Let´s see what happens.

ElliottWaveStats Updated 

I was about to publicly this 2days ago but wanted to see the 84% Bottom Probability Box of 1,206/1,243 sorting out the selling pressure before. It seems so far, likely to trigger the up trend once again, targeting the zone of 1,670-1,760.00.(most probably around 1,716.00). Notice that the 72% probability box of 1,405.00-1,476.00 is still active. Let´s see what happens.

ElliottWaveStats

My model suggests that this the most likely scenario .The Target Shell is up ahead toward 46,500.00 zone (78% Bottom Probability box to trigger it up), but before to do that, the Pattern should complete a side way between 67% Short Top and 78% Short Bottom Probability Boxes, fulfilling at first, the current Wave C. Let´s see what happens.

ElliottWaveStats

My model just shot this. The zone of 1,021.00/972.00 seems to be likely(78% short bottom probability) to pull back prices up, targeting the zone of 1,217.00/ 1,280.00. Let´s see what happens.

ElliottWaveStats

Some correction seems likely. According to my model the zone of 1,286-1,224.00 has 72% Chance of being a Short top zone to trigger prices down targeting the zone of 1,054.00-1,003.00. Let´s see what happens.

ElliottWaveStats

My system just shot this. The zone of 917-872 has 62% Chance of being a Short Bottom to trigger prices up(again) reaching the Target Shell Zone of 1,199.00-1,260.00. Let´s see what happens.

ElliottWaveStats Updated 

The zone is 1,899-1,887, which still has 70% Top Probability active, had triggered the down impulsive that reached the low of 1,764. Now it is again being tested. The Target Shell Zone seems to be the 1,867/1,857. Let´s see what happens.

ElliottWaveStats Updated 

The zone of 22,100.00 is pointed by my system as 73% Short Bottom Probability, Targeting 29,100/29,200.00 zone. Let´s see what happens.

ElliottWaveStats

My algo says that the zone 592-563 (most likely 577) has 84% Short Top Probability, taking down prices to the Target Shell zone of 612-581. This would be the current correction´s target, triggered from the high of the previous Impulsive Movement finished at 637.00. The zone of 542-515 being a 62% Short Bottom Probability zone (still active as shown in the...

ElliottWaveStats

The Forecast is almost the same of a few weeks ago. My algo keeps shooting an 84% Short Top Probability at the high of 3,712.39.Targeting down the zone of 3,425-3,260.00 (being 3,341.78 the price attraction vector, it means the most likely value around the prices could be). Let´s see what happens.

ElliottWaveStats

My model just shot this. What at first seemed to be a ZIG ZAG is becoming a FLATT PATTERN so far. The 94% Short Top Probability zone was reached, targeting down a wider zone when 16,112.00 is more likely to be reached. A down wave C probably.

ElliottWaveStats

My model just shot this. The Target Shell zone might probably be around 17,710.00-(18,100-17,600.00).A short trip to a likely wave B, which may be forming a bearish ZIG ZAG.

ElliottWaveStats

Providing an update about Nov.16 ´s publication. I ´ve added a down arrow showing the most likely trajectory with a Target Shell zone of 1.17875. Once a Probability Box is shot by the system each try of prices of breaking through, can be used as Trade setup in the opposite direction. Covering the position with a trailing stop, the risk is minimized. The system...

ElliottWaveStats

This is an approach to my algorithm's real interface. This is what I see each time I use it. As a quantitative system the reliance is put on the probabilities instead of trying to figure out which the " Wave Count" will be. Letting the correct one to show itself at its time. PROBABILITY BOXES(PB): each PB has three components: Repulsion Line(main line): it...

ElliottWaveStats

In my Algo, Probability Boxes once started remains (dashed lines) until they be broken in the opposite direction with the counter trend continuation. This would be the case with S&P500 INDEX reached up again the 3,654/3478 -83% Short Top Probability Zone, targeting 3,345.80 (3,357/3,238.00). As it is normal, count is not clear so far. That´s why I rely on...

ElliottWaveStats

My model just shot this. The bounce and pullback chance at the last minimum of 3,233.94 is about 72%, the probability box was already set, and has been respected so far. The Target Shell is all the way back to 3,574/3,622.00 zone. The count seems, only has confirmed the current a; b; c Flatt Pattern Structure, but the peek of 3,588.11 could have been both, a wave...

ElliottWaveStats

My model is telling me that in the current zone of 13,573 a 94% Short Bottom chance is set. Targeting prices up to 14,585/14,736.00. The count is now shaping on itself, so the whole structure could be a kind of Irregular Flatt Pattern forming a wave (X) just to split off the previous A, B, C into a Double ZIG-ZAG (maybe).