Elliott’s Soup for the end of May

artificial intelligence robo-advisor for the S&P 500 stock index SPX / ^GSPC / SP500
artificial intelligence robo-advisor for the S&P 500 stock index SPX / ^GSPC / SP500
As markets seem to get even crazier than usual, I thought to get a look at Elliott’s recipes to warm my remaining confidence. Much interested in the weekly view, here is the chart for today. The chart seems to confirm…
Every day, every market open day, I have a meeting with r.Virgeel at 22:19 At 22:20, r.Virgeel starts its operations. Data is updated and processed, responses are brewed, and files are generated. If everything runs fine, at around 23 we…
This post analyzes the present, so it will become obsolete quite soon. Anyway, I’m here for the r.Virgeel/Elliott mishmash. At the moment, r.Virgeel is pointing to a correction of the first reversal wave upward, in other words, it is pointing…
It was a long time I had in mind that clean framework with the bar on the right of the screen and it was seriously impossible to find anything to work with. As with many other things, it arrived, popped…
This chart is pointing to some interesting infos: first, the top at 4800, at the end of 2021, is not the final target of the current move, it actually is the top of a (3) wave; second, the incoming (4)…
It’s a long while I do not update the reading of the S&P 500 index with Elliott’s Wave, so today it’s time to see how the index is positioned for the medium term future. Here the chart, as usual brewed…
r.Virgeel’s model is quite stable, since a couple of years. It took a lot of time to set it up and verify it, avoiding ex-post testing that induces a lot of uncertainty. I’m talking about the core code that builds…
spxbot.com has a new blog: new address , new graphic layout and new content: a better selection of the old posts that will be updated whenever necessary. Navigation should be easier than before, readability has been improved and I hope…
I have to thank this man, again. For two reasons, mainly: first, because his writings were the eye openers to understand the markets and how they work, even after many years of investing activity. Second, because without the “it’s all…
If you occasionally read this blog, you may have noted that I often say that r.Virgeel is not a trading system. I want to warn the newcomers that they will not find any automatic fount of wealth here. Any serious…
If you think that the trader’s activity is similar to a game, I would like to first say it’s not. For many reasons. What makes to someone the trading activity similar to a game is a misconception of the bet.…
In various previous posts, I’ve stated that the monthly forecast is to take into account as a sort of path tracer, an indication, a generic route for future market action. I tend to consider it in this way, having a…
Most of us have a general knowledge of what statistic does: it extracts from data some relevant information about the data itself. What a neural network does is to add a layer of correlation between the data and relate it…
The r.Virgeel’s model is stable since enough to let me say it is now entering its early maturity. I’m working in the refinement field to gain speed, affordability, stability. Less, and this is my fault, I work in the…
I have received from a reader: Am planning to take monthly subscriptionSubscriber To access reserved pages. To subscribe click here. Before subscribeSubscriber To access reserved pages. To subscribe click here please let me know below queries. Which platform needed to…