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.
Advanced WolfeWave analysis is taught during the two-week instructional fax. You will be taught extremely accurate tools that will enable you to determine PRECISE measured moves. On the above chart, our Advanced WolfeWave analysis picked the precise bottom “B” and PRECISE top “T” in advance. An uneducated trader using stochastic, would have “at best” got…
The price for my instructions is $3,000. Many clients have told me that it is the best investment that they have ever made! What you will learn…There are two parts to successful trading: a) A precise methodology and b) A healthy mental attitude. Once you have them both, you are on your way to success. …
Why does the WolfeWave work so well? Market timing is about BALANCE. Question:Can you predict the outcome of the balancing act below? Answer:If you said that Fatso is going to send Skinny skyward, you’re right. It’s no different in the market. News impacts supply and demand and price moves up and down. Once you can…