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Wednesday, March 23, 2011

Tentative Market Time Line

Update - March 30, 2011
Update - April 20, 2011

This timeline is totally speculative and should not be used for trading purposes:


So far so good. We would like to stay with the trend - which is up. Following dates will be updated in the near future.


March 28, 2011 (+/- 2 days) - Minor Top around 1332: Achieved/ Market could continue higher till April 4, 2011 (+/-3 days); Achieved/ Market topped on April 5, 2011 @ 1339
April 8, 2011 (+/- 2 days) - Bottom around 1295: Update/ April 18, 2011 (+/- 4 days) - Bottom around 1300; Achieved/ Market bottomed on April 18, 2011 @ 1296
Earnings: April 11, 2011
April 20, 2011 (+/- 2 days) - Momentum Peak 1390: Update/ April 22, 2011 (+/- 3 days) - Momentum Peak
May 24, 2011 (+/-4 days) - Top SP500 (below 1420)

This timeline takes into account long-term AD cycles, independent timing models and other external Elliott Wave relationships. These dates will be updated when new data will be made available.

Note: This data is for my reference only, so that I can refine the dates as we come closer to them. This information does not represent any model based data, and will not be directly used for trading.

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