Saturday, January 18, 2014

Market Structure Update - Jan 18, 2014

Many analysts have been calling for a market top in the recent past. But Understand, Survive and Thrive's long trade is still on. And at this point it seems like market is setting up for a sharp rally based on the charts below.

First chart shows the 1,2 sequence complete. 2nd wave had a triangle in it. This is a classic 2nd wave action. 2nd waves are followed by sharp 3rd wave rallies, which could take SP500 to almost 1900. Next IPM Turn window update will be e-mailed to subscribers.

Another interesting development is the inverted head and shoulders pattern. This pattern is almost complete and will result in higher prices.

It will be interesting to see how the market will unfold over the next few days. 

Note: IPM Model subscription is now closed for general public. If anyone wants IPM Model updates please e-mail to

No comments:

Post a Comment

I would love to hear from you! Please leave your comment below!!