Thursday Update

Alphahorn Swing 2015No changes today for the Alphahorn Swing System, equities, precious metals and miners remain on short/sell signals, while corn and wheat remain on buy/long signals.  A subscriber asked that I show the Treasury Swing Chart, I’ve included it for the Barclay’s 20 Year Treasury Bond Fund TLT as the instrument, which has been on a sell/short signal.

I’m still looking for a bit more of a bounce for minute wave [ii], then an impulsive move down in [iii] of 3 of (A).  The bullish count looks for an impulsive move up to new highs.
spx 30Here’s the daily chart for equities, same old story.
all daily

About alphahorn

I received an MBA from Columbia University’s Graduate School of Business in New York and am a Wall Street veteran. I’ve worked for a number of investment banks including Smith Barney and First Boston/C S First Boston in New York. Over the years, I have developed my own Proprietary Swing System and I combine that System with my own Elliott Wave Analysis to trade.
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