tag:blogger.com,1999:blog-28293842430513490502026-09-14T03:34:44.358-05:005 Wave ModelThis blog introduces a new way to analyze the stock market. The 5 Wave Model uses relationships between up and down movements, or waves, in the price action to determine turning points in the market.Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.comBlogger440125tag:blogger.com,1999:blog-2829384243051349050.post-30692092553377001832026-07-02T02:14:02.952-05:002026-07-02T02:14:02.952-05:00ACMR Short Term Bullish Move ACMR looks poised to make another short term move to the upside, The stock has been in an uptrend on the 60 Minute chart since the 06/09/2026 low of 74.19. After hitting a short term high of 127.19 on 06/30/2026, ACMR has undergone a correction down to 114.37. The 5 Day RSI is now in oversold territory, as is the derivative of the MACD. The stock now looks poised to make another run up, Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-31361000262978277782026-07-02T01:01:19.024-05:002026-08-23T20:08:43.230-05:00AAOI Short Term Trading Opportuity We have identified a short term trading opportunity for AAOI. This is a technical set-up that we regard as a short term Buy. We have a 1-3 day time frame for this trade, with a minimum target at the Upper Bollinger Band near 152-153. Ultimately our price target is above 169.8 for this move. This is not meant as financial advice. It is merely a technical set-up that may indicate a near Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-67234461962105493112015-10-06T20:15:00.003-05:002015-10-06T20:15:37.330-05:00Tuesday's Market 10/06/2015<!--[if gte mso 9]>
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Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com1tag:blogger.com,1999:blog-2829384243051349050.post-40535704917351899102015-10-02T23:55:00.004-05:002015-10-02T23:56:41.126-05:00Friday's Market 10/02/2015<!--[if gte mso 9]>
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Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com2tag:blogger.com,1999:blog-2829384243051349050.post-5938389773165730442015-10-01T22:46:00.001-05:002015-10-01T22:46:05.758-05:00Thursday's Market 10/01/2015<!--[if gte mso 9]>
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Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-46150761810644946212015-09-30T22:07:00.001-05:002015-09-30T22:07:10.825-05:00Wednesday's Market 09/30/2015<!--[if gte mso 9]>
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Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com2tag:blogger.com,1999:blog-2829384243051349050.post-10439995448013192112015-09-28T23:41:00.002-05:002015-09-28T23:41:29.703-05:00Monday's Market 09/28/2015<!--[if gte mso 9]>
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Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-80259859666881303512015-09-25T23:22:00.003-05:002015-09-25T23:22:24.325-05:00Friday's Market 09/25/2015<!--[if gte mso 9]>
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Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-76500189702313680262015-09-22T22:34:00.002-05:002015-09-22T22:34:17.728-05:00Tuesday's Market 09/22/2015<!--[if gte mso 9]>
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Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-78130293586729485642015-09-21T22:45:00.001-05:002015-09-21T22:45:26.242-05:00Monday's Market 09/21/2015<!--[if gte mso 9]>
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Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-6896224194414990162015-09-17T21:22:00.001-05:002015-09-17T21:22:09.508-05:00Thursday's Market 09/17/2015
After a slightly lower opening the
SPX drifted marginally higher throughout the morning and early afternoon
reaching 2003.52 just before the FED announcement. After that announcement, the
index spiked higher to 2008.33, fell to 1987.99, and then recovered to the high
of the day at 2020.86. After that the SPX gave up its gains falling quickly to
1986.76. After rebounding to 2000.50 the index fellSteven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-61621045165625900012015-09-16T20:20:00.001-05:002015-09-16T20:20:09.053-05:00Wednesday's Market 09/16/2015
The pullback I said might happen at
the open today did not materialize. Instead the SPX continued higher after a
choppy opening. This choppiness was the conclusion of a small inverted
corrective wave as the Wave from Monday’s 1948.36 low extended to 1993.99.
After that the index did undergo a slight pullback to 1986.04 before continuing
higher. On the 5 Minute Chart you will see the short term Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-34126147566112066682015-09-16T00:28:00.000-05:002015-09-16T00:28:08.822-05:00Tuesday's Market 09/15/2015
After seemingly searching for
direction yesterday, the SPX settled on moving higher today. From yesterday
afternoon’s 1948.36 low, the index completed a 5 wave sequence higher to today’s
1983.19 high. Waves 1, 2, and 3 completed yesterday, along with Wave a of an
inverted corrective Wave 4. This completed at 1967.01, and was followed by the
surge to 1983.19 for Wave 5.
Along with my countSteven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-75336431033253638352015-09-14T23:14:00.005-05:002015-09-14T23:14:58.490-05:00Monday's Market 09/14/2015
The SPX continues its holding
pattern, with the index trading in a comparatively narrow 15 point range today.
From last Wednesday’s 1988.63 high, the SPX completed a 5 wave sequence down to
1967.72, and then formed an inverted corrective wave to 1965.29. Another
sequenced down completed at 1939.19, one up at 1963.06, and another one down to
1948.36. In the short term this action seems Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-76893280207705047722015-09-03T23:35:00.002-05:002015-09-03T23:35:32.098-05:00Thursday's Market 09/03.2015
The SPX gapped higher this morning,
reaching 1965.52 within the first half hour, and then continuing higher to
1975.01. This completed a 5 wave sequence from yesterday’s 1919.64 Wave [d] low. This sequence completed as 1919.64-1931.59-1920.29-1938.03-1929.00-1975.01
within the 1961.1989 range I mentioned yesterday for Wave [e]. From that point the SPX moved lower to 1963.73,
and had a minor Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-23113887484451560402015-09-02T23:28:00.001-05:002015-09-02T23:28:19.674-05:00Wednesday's Market 09/02/2015
It would seem that my logic
yesterday was correct, however the analysis was not. I had called yesterday’s
1903.07 low Wave d of an inverted corrective wave that began Monday at 1965.98.
I had anticipated a rally, and then one more wave down to complete Wave (e)
yellow, and thus Wave [b] green. After today’s action it seems pretty clear
that I was incorrect, and Wave d actually occurred yesterdaySteven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-36651438844284230202015-09-02T00:23:00.005-05:002015-09-02T00:23:56.484-05:00Tuesday's Market 09/01/2015
The SPX gapped lower this morning,
dropping to 1931.41 within a few minutes. After bouncing around for a couple of
hours, the index headed lower again to 1918.21. After another short
consolidation period the SPX dropped to the low of the day at 1903.07, before
staging a strong rally to 1920.41 in the last 15 minutes.
The entire drop today looks to have
completed the sequence from Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-82485864388489007712015-09-01T02:08:00.004-05:002015-09-01T02:08:50.459-05:00Monday's Market 08/31/2015
It has been an interesting couple
of days. After trading up to 1993.48 on Friday morning, the SPX has traded
lower from there. The move up to 1993.48 does seem to complete 3 waves up from
the recent lows, which alters the Daily count slightly, but does not change the
overall outlook for the index.
It may be better to start with the
big picture at this point, and then work my way down. Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-8863086642845492862015-08-27T23:35:00.002-05:002015-08-27T23:35:14.076-05:00Thursday's Market 08/27/2015<!--[if gte mso 9]>
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Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-25197421185202525692015-08-25T22:54:00.001-05:002015-08-25T22:54:12.790-05:00Tuesday's Market 08/25/2015<!--[if gte mso 9]>
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Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com0tag:blogger.com,1999:blog-2829384243051349050.post-9188633270481562852015-08-12T01:59:00.002-05:002015-08-12T01:59:34.135-05:00Tuesday's Market 08/11/2015
In several posts following the
2056.32 low on June 30th, I mentioned a rally to 2106, followed by a
test of the 1980.90 low of February 2nd could be next. While some of
the price action since that time would seem to discount that scenario, the
recent price action tends to substantiate it. After the SPX rallied more than
expected to 2132.82, the SPX quickly dropped to 2063.52. Another rally took Steven Krausehttp://www.blogger.com/profile/08378102958765649577noreply@blogger.com1tag:blogger.com,1999:blog-2829384243051349050.post-77623957419322614532015-07-11T00:43:00.005-05:002015-07-11T00:45:04.060-05:00Friday's Market 07/10/2015<!--[if gte mso 9]>
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