Professional Documents
Culture Documents
© 2009 by Forkoholic.com
Dear traders and investor!
- Forkoholic Serge -
2009, California, USA.
DISCLAIMER:
ALL MATERIALS IN THIS ARTICLE ARE FOR INFORMATIONAL
AND EDUCATIONAL PURPOSES ONLY AND NOT TO BE
CONSTRUED AS A SOLICITATION OR AN OFFER TO BUY OR SELL
ANY SECURITIES OR RELATED FINANCIAL INSTRUMENTS.
BEFORE MAKING ANY INVESTMENT CHOICE YOU SHOULD
ALWAYS CONSULT A QUALIFIED FINANCIAL ADVISER. YOU
CAN’T INVEST DIRECTLY IN AN INDEX.
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© 2007-2009 BY FORKOHOLIC.COM
Pitchforking your way to profits
As you remember last night’s MUP suggested a rally this morning:
“We can attempt to rally to at least 1012—upper Yellow fork line in
the morning and evaluate from there. “
And we indeed rallied in the futures up to 1013 area before starting a
whole day’s decline. 990 area could provide some support as you can
see we‘ve been here several times. Our channel we mentioned
yesterday got broken today as well
© 2009 by Forkoholic.com
Pitchforking your way to profits
Mid-day pop managed to get us back to the median line of Yellow
fork from below. We count this decline from 1018 as an ABC with A
& B complete. Only question remains if C completed at today lows
or it subdivided into another abc. Tomorrow is FOMC
announcement so as always we can expect some “fireworks”.
b
B
a
A
© 2009 by Forkoholic.com
No1 Tops Indicator
In topping process
Some divergences on MACD
© 2009 by Forkoholic.com
No2 Tops/Bottoms Indicator
Bearish, lower low
© 2009 by Forkoholic.com
No3 Tops/Bottoms Indicator
Topped
© 2009 by Forkoholic.com
Market Structure Indicator
Bearish, lower low
© 2009 by Forkoholic.com
$TCP (CBOE Total Call/Put) indicator
Bullish, higher high
© 2009 by Forkoholic.com
$ECP (CBOE Equity Call/Put) indicator
Topped
© 2009 by Forkoholic.com
$NYMO indicator
Bearish, crossed 0 line
© 2009 by Forkoholic.com
$NYSI indicator
Bullish, divs
© 2009 by Forkoholic.com
$BPSPX indicator
Bullish, some divergences, flattening
© 2009 by Forkoholic.com
$NYMOLOGYST indicator
Bearish, topped, lower low
© 2009 by Forkoholic.com
Total Volume
Volume drops—ahead of FOMC?
© 2009 by Forkoholic.com
Capital Liquidity
Neutral, attempt to break out to upside from triangle
© 2009 by Forkoholic.com
Summary of daily indicators
Indicators are mixes with some bearishness.
$ECP Topped
© 2009 by Forkoholic.com
MUP Indicators Explained
As no one indicator as far as we know offers a holy grail we at Elliott
Wave Forkology (EWF) use multiple set of indicators to measure the
market health. EWF’s Market Update (MUP) contains those
several indicators we use every day to detect highs/lows, market
direction, liquidity and sentiment. This article was created as many
of our subscribers asked for more detailed explanation how those
indicators function. As with many other indicators we’re looking for
high/low values on each, as well as divergences on MACD, STO
and RSI of each indicator. We also notice when all or majority of
indicators are in sync, all Bullish or all Bearish, this is called a
confluence of indicators.
© 2009 by Forkoholic.com
Subscription rates
Daily Market Update (MUP) State of Indicators Daily (SID)
Includes SID
1 year US$618
Services at EWF
We provide many other services, including individual Fork & Fractal Reports, as well
as digital e-books & articles. Visit our main website www.Forkoholic.com for more
information
Competitive pricing? At this time we can’t offer competitive pricing as shops like EWI, NeoWave
& McHugh have thousands of subscribers. As we grow quantitatively we will revisit the issue.
© 2009 by Forkoholic.com
Market Fractals Methodology
© 2009 by Forkoholic.com
Check out New &
Upcoming Titles from
“Secret Forkoholics Lab”
Series
© 2009 by Forkoholic.com
Individual Services at EWF
Fork Report
Get unique and valuable report for 3 of your favorite stocks, indices, ETFs, commodities.
Report Includes:
Enhanced
Basic Enhanced
+ Intraday
Proprietary EWF’s
Pitchfork analysis & Yes Yes Yes
price projections
Fork+Fractal Report
Get unique and valuable report for 3 of your favorite stocks, indices, ETFs, commodities.
Report Includes:
Enhanced
Basic Enhanced
+ Intraday
Proprietary EWF’s
Pitchfork analysis & Yes Yes Yes
price projections
Today I’m excited to introduce to you June 2009 issue of “Elliott Wave Forkology” Newsletter. For now it’s a
quarterly publication with focus on Elliott Wave Forkology, Market Fractals and Market Cycles. My hope what
this Newsletter will grow and it will become more frequent, possibly monthly/weekly and even daily publication.
I have a lot of great ideas, including rental e-book store with financial books, one of the kind Financial Social Network, Fork-friendly pro-
prietary CHARTING Software (my goal to become No 2 charting software after Stockcharts.com). Just imagine iTunes-like store for every-
thing financial and more...
*Lifetime – meaning lifetime of the project, meaning if something happens to me tomorrow, you can’t force my children to make a newsletter :)