Thursday, December 29, 2016

2017 Trading Guide: $ALT/$CAL/$APX/$PX

1. $ALT

a. Chart 1 : Monthly Time Frame


Long-term Trend: up

Resistance: 24.00 area

Trendline Support: broken

Is 8.90 the bottom of Wave 4?

If this is the case, Wave 5 is $ALT's next destination...

b. Chart 2 : Weekly Time Frame


Short-term Trend: down

Pattern: Expanding triangle (3-3-3-3-3)

Good News: It appears that Wave 4 Correction is finished.

2. $CAL

Chart : Monthly Time Frame


Currently @ Primary Wave 5

Next Destination: Primary Wave A

3. $APX

Chart : 3 Month Time Frame


Now done with corrective wave E.

A breakout is on the way moving to Primary Wave 5...

4. $PX

Chart: Weekly Time Frame


Next Destination:

Cycle Wave I

Currently @ Primary Wave [3] and heading to Primary Wave [4]

Currently @ Intermediate Wave (5) and heading to Intermediate Wave (A)










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