Weekend Update

Tony is going to be absent for a little while. There are some health concerns we are dealing with as some of you may know. For the moment he does not have access to a computer. I will keep you updated throughout the week with any news. Thank you for your patience and all the well wishes.

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150 Responses to Weekend Update

  1. vivelaamo says:

    Got stopped out on my FTSE short. Never did master shorting. Back to waiting for the dip. Kudos to those that stayed long.

    • mcgcapital says:

      I switched long when we’d held 7800 overnight.. hate this kind of market though as it’s hard. Not sure where resistance is until the market defines it which makes it hard to short. All I have really is it’s a buy above 7800 support now. But 9th up week in a row.. and daily RSI is 83. Could begin a multi hundred point drop at any point, but impossible to trade that now there’s no resistance to trade against. You’d think sterling was quite close to a floor at $1.34 so if that was able to rally that might be the catalyst. US markets still look sideways to me which makes the FTSE move all the more weird. On Friday it was showing some signs that the technicals were turning over shorter term but that got blown out the water with the news pushing it through 7800

  2. Something just happened! The micro LONG broke… Next targets are the overnight low, 2720 and get this…today’s GAP!!!!!

  3. Mary773 says:

    Peter Brandt:

  4. traderlucas says:

    Hello everyone, it’s me from Vietnam again. 🙂
    “traderlucas says:
    April 26, 2018 at 8:03 am

    Hi all from Vietnam. MA200 was defended nicely and the market seems to want to breakout. Go long from here and looking for a breakout to 2800s. Hope you all trade well!”

    traderlucas says:
    May 11, 2018 at 8:17 am
    Now I think the market has done its rally from MA200 and should go down from here. I expect 2500s from here but anything can happen. Hope you all trade well!

    Today, May 21, 2018: I think the market should come back to my previous plan, which is projected to get to the old high @2875 (first target, new all time high: till then we should know). Chart:

    https://invst.ly/7i9m3

    Sorry if you think i changed my mind too often. Hope you all trade well!

  5. fionamargaret says:

    Short the indices…. TZA, SPXS, SQQQ, SDOW
    Long gold and gold miners….UGLD, JNUG, NUGT
    xx

  6. Lee X says:

    How about taking a day off from the petty taunting guys.

  7. CampFreddie says:

    For those who deserve this, please take a slice ….. be quick as there’s probably not enough to go round.

  8. fdr609 says:

    Thx for informing us. Get well soon, Tony.

  9. Best wishes, recover soon to keep enjoying your life and family. We all hope for the best outcome.

  10. wildmarkets says:

    Best wishes to you Tony and your family. Get well soon!

  11. ufa123 says:

    Focus all your energy on getting better, as we are missing your hand on the tiller…..

    Wishing you a strong recovery

  12. mundlia says:

    Tony my prayers with you for a quick recovery.

  13. tommyboys says:

    Tony – OT – your Jordan Hicks’ fastball clocked at 105 mph – twice 😳!

  14. tommyboys says:

    Godspeed Tony…

  15. phil1247 says:

    es

    2740 .25 is next target

    • floyd drummer says:

      phil,
      are we in extensions or traditionals?

      • phil1247 says:

        small extension
        got within 4 ticks of target
        exited

        • phil1247 says:

          small traditional target at 42

        • floyd drummer says:

          that’s a small ext. …i had my own “rogue” traditional, …intra-day. …a combination of DH traditional and HD’s (…of all people!) 10@10. …it missed the -23 by a tick

          i’m not that good with DH, so i had to teach myself my own tradeable version. ….better to be your own rogue.
          that’s the beauty of your style, phil: be your own (rogue).

          • phil1247 says:

            you have had the “light bulb moment ” floyd

            kudos !

          • Floyd…phil is very experienced and very good at knowing what high/low anchors to use….and that is the key to trading this algorithm. I would recommend working with DH’s anchors in addition to your own system. Also, using the tick to fine tune your entries, can be very useful…just saying.

            • phil1247 says:

              agree

              understand the fundamentals so they are absolutely clear to you
              then make it your own …. later

              walk before you try to run

            • floyd drummer says:

              asa,

              i tried ticks (up/down), …i hate using it, …but i ‘fine tune’ using tick charts (144t), …. very useful to trade with.
              i listen to DH daily: …for his method, ….and also for his general market insights. …some are so simple, and so very smart.

              anchors are the key. “deconstructing” phil (‘s anchors) has taught me more about DH than DH has taught me about DH. …and that has taught a few other variations on the theme.

    • travis01 says:

      good ext Phil…I’m looking down for the long awaited retest now to either buy long or run with it short – but really just looking for something to play…couldn’t play this news overnight so missed the move today

    • Front run…next long entry /ES 2731.75?

  16. phil1247 says:

    tony

    have been praying for you since saturday afternoon ………
    steady eddy is hardly ever that late with an update
    unless he is having a problem

    God bless

  17. Chuck Banducci says:

    Tony,
    You and in my thoughts and prayers.

    Chuck

  18. traderlucas says:

    God Bless You, Tony!

  19. scottycj1 says:

    Tony…..these words have been a comfort when times get rough

    “The LORD himself goes before you and will be with you; he will never leave you nor forsake you. Do not be afraid; do not be discouraged.”

  20. mjtplayer says:

    Wishing you all the best and a speedy recovery TC, hope to hear from you soon

  21. Ryan Parker says:

    Wishing you a speedy recovery Tony. Our thoughts and prayers are with you.

  22. Christian Rohlinger says:

    Get well soon Tony.

  23. allen1929 says:

    Tony
    May you get well soon.
    That’s all that matters.

  24. Best regards to Tony and I hope he is feeling better soon!

  25. floyd drummer says:

    best!

  26. elmer510 says:

    Wishing Tony and family all the best.

  27. Sumesh Kumar says:

    Tony, best wishes to you and your family.

  28. Page says:

    Praying for your speedy recovery. Best wishes.

  29. csonkabull39 says:

    This is why Americans voted for Trump. He is not a career politician. We will vote for anyone who is with us, the American people. The Republic lives, until it dies.
    https://www.armstrongeconomics.com/international-news/politics/did-obama-use-the-fbi-the-same-as-nixon-used-his-own-people-to-spy-on-opposition/

    • fenster6 says:

      Do you see the rest of the comments posted or are you too stupid? We may have lost our mentor here for good and all you can do is post this political crap. Get lost.

  30. b7anjo says:

    Best wishes Tony and Christine and thank you .

  31. Dear Brother Tony!

    Tony you once told me many years ago, I posted some very good religious thoughts. Back in day, Ee all had fun Trading. Tony! Your Elliott Wave Objective work is outstanding! Purely within greatest professionalism work known to humans. Over the years all of us, been amazed by your discipline and passion. Tony, your choice spirit above all of test.
    https://www.lds.org/general-conference/1976/10/to-die-well?lang=eng

    God bless Tony! Love you brother …

  32. vivelaamo says:

    Tony hope you get well soon. All the best.

  33. 6peweb6 says:

    Hope you get better soon . thank you .

  34. I pray for you, Tony. You are the best on Elliot and we need you! Best luck!

  35. E says:

    Our prayers are with you, Tony. Take care.

  36. fbqueen3 says:

    Best wishes for a speedy recovery Tony! I’ve learned so much from your blog.

  37. mike7x says:

    Thanks for the update Christine. I hope Tony is well very soon and wish all of you all the best!

  38. Lee X says:

    Thanks Christine

  39. Theodore Lerts says:

    $$$$$$$$$$

    Best Wishes

  40. ipman1893 says:

    Best Wishes and Prayers to Tony and his family.

  41. Mary773 says:

    God Bless You, Tony.

  42. Randy says:

    Hope things are gonging well

  43. NEWBIE says:

    Tony, we’re all praying for your speedy recovery!

  44. Thank you for letting us know. May God bless Tony and his family.

  45. learnedmylesson25 says:

    Everyone here is rooting for Mr C to beat whatever the medical issue is.Thanks for the update Christine.

  46. bamoritz@yahoo.com says:

    Hi, Wishing a speedy recovery for tony. He’ll be in our prayers

    Sent from my iPhone

    >

  47. J.Wenger says:

    Prayers for a speedy recovery!

  48. fenster6 says:

    wishing Tony and his family all the best

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