For those that like to trade the night market on a smaller scale (MES) this 15-minute nailed the target line, for the most part, while you were asleep.
Precise Wolfe Wave timing works 24/7.
With the recent addition of zero days to expiration (0DTE), option trading gets even more exciting. Those with the Wolfe Wave knowledge can zero in on bets with precision to reap lottery like results.
On the two charts below the one on the left is a 30-minute of QQQ. My students could easily have recognized the bearish wave (not drawn). The chart on the right shows the price range of a put option. From bottom 1.02, to top 6.02, in just five hours on this “conservative” option choice.
QQQ with put option chart
On FOMC days things happen fast but not chaotic as TV would have viewers believe. It is simply balance: a natural rhythm, a Wolfe Wave.
At the 4 point the Fed announced a ¼ rate increase. TV analysts’ debate. Wolfe Wave practioners salivate. They know that price is likely to rally to a 5 point then reverse with a vengeance to the target line. This chart is a 15-minute of the SPY which is an ETF of the S&P. I plotted it on the SPY instead of the ES for easy comparison to a suitable SPY option.
So, what does this have to do with the stock market?
My ingredients are all natural. I use no preservatives or harmful additives: Indicators, oscillators, moving averages, or other junk.
I do use tools that were given to us by the Creator: Fibonacci spirals, waves, pendulum, vibrations and more.
Market commentary by Bill Wolfe
On the chart below the SPX is in a vulnerable position. The Fib spiral is losing its upward support and the price has entered a gap area that has thrown the price down, hard, in the past.
The Wolfe Wave count is at a dangerous 5 point, which calls for a reversal. Price could find some support at the “bumps” that I have identified.
My Wolfe Wave methodology is based on balance. It sure looks simple when I draw the lines for you. I can teach you the secrets.
Call options on TSLA have been offering lottery-like returns with minimal risk.
The current bullish wave should continue until price hits the target line or a bearish wave forms on a smaller time frame.
By taking my course you will learn the secrets and be able to scale down to as low as a 1-minute time frame to identify waves. Look too easy? Sure. Took me almost 50-years to perfect it.
The current bullish wave on the weekly time frame should continue until a bearish wave forms on a smaller time frame or the price hits the target line.
Did you know that identifying the correct time frame is the most critical component in chart analysis? Do you know that the time frame changes depending on whether you are looking for a bullish wave or a bearish wave?
This and much more is taught during my advanced lessons.
Dear Trader, Never before have the conditions been so favorable for an “educated” person to profit from trading the markets. The products are available for either bullish or bearish markets, and the computers and commissions are inexpensive. Online trading could be the opportunity of a life time for the “educated” trader. (Note the emphasis on…
The following quotes are from people that HAVE, I repeat HAVE taken my course: (For authenticity, “cut and paste” is used without editing.) Most recent posts are in pink. A typical email from past student. (12/10/20) Hi Bill, Are you still teaching fading and averaging in trading the Wolfewave or are you using a new…
Price moves around in an area that is “trapped” by space and time. In this area its movement is dictated by, what some scientist call “gravity waves” and others call “fluid dynamics.” I call them “pressure points.” Once this area is identified one can predict the path of price like reading a road map. Take…
Example number eight (10/25/15) Above is a daily price chart of Apple (AAPL). Knowing that a rally was likely at the 4 point, a WW trader could have made a bet with a weekly AAPL call option. Huge profits are possible with weekly options as there is relatively little time premium. It is all about…
Welcome Quants and others who have the computer power and the big $ to make extraordinary gains. This is ONLY open to existing firms. I have been successfully teaching my methodology “retail” for over 30-years. I have now accumulated so many findings that I cannot charge the price for what my knowledge is really worth…
Below is a Wolfe Wave on a 2hr SPY chart where I only identified the 2 and 5 points for “secrecy.” I added a Fibonacci Spiral, which suggests “time” turning points. Note how beautifully it coincides with the 5 point of the Wolfe Wave. Below is a chart of a SPY weekly Put Option that…
This is a recent email dialog between Bill Wolfe and a new student: (unedited) Student:I am having that free version of seeing the future. But, after going to your website, almost 20 times, I am convinced that method is more than just free manual. Because, I have applied that manual method and it works like…
BREXIT: Another financial crisis where the Wolfe Wave out smarts the “professionals.” So, as we were told by the big banks, the press, the politicians and all the other so called “experts,” the market refused to obey their dire warnings: “Black Monday” didn’t happen. It turned into a wonderful buying opportunity for Wolfe Wave practitioners.…