Today is October the 5th and here are the predictions for the above 3 tickers :
1) AMD Advanced Micro Devices had a pull back from all time high the past few weeks and now looks like a side ways consolidation from here on.
The count is now at the down trend to “C” and the sqiggly red line is where I project it to go and end. since it is a triangle , it has to atleast go down to 17.11 before we can get any sort of idea as to weather it is going to be a another zigzag or continue as a triangle pattern. What I call triangle is what is traditionally called the “flats” as in a) regular flat b) running flat c) expanding flat e)
The SPY is doing exactly like i wanted and looks prime to fall again once it reaches the 50 RSI level. The target is at 254 , the next area of support to finish the 4th wave and then go up on the long 5th wave completion of the Elliott wave cycle.
Also for more in depth analysis on SPY , visit http://seismic-shock.com/uncategorized/elliott-wave-analysis-of-spy-index/