091224 Fibonacci Elliott Wave Price & Time analysis US10yr, SPX, ES, Fibonacci Time Spiral

hello everyone and welcome to day trader S&P 500 today is is September 12th sorry 2024 this is Dale Woodson editor of Woodson wave report and the YouTube channel day trader S&P 500 I want to give you guys an update what's going on let's get into the um the key reversal trade worked out pretty good good with the um the um Fibonacci dates and everything going on but uh all right so day one it was the day after the key reversal day was back on the well Futures on 93 and the cash on 94 but you can see on day one all the parameters were met must make a sell the higher open okay um make a new low check uh must close lower than yesterday check uh if market closes lower go to day two okay it's a 4-day uh trade okay then day two um again Market cannot exceed high of previous day check play stop above day one high check did that market does not have to close lower but it did okay bonus all right got it all right so that's set up for day three day three Market must close lower than day two and make a lower low than day two check lower your stop to above the day 200 High check did that if if conditions are met go to day four day four this was back then when it was live um uh futures of day three low is taken out exit the trade take your profits okay uh it didn't and so we were exiting either way so um should have been able to make pretty good profits on those first three days um I was all over it but that's not the point and some of these don't even work out but keep in mind the 55-day FIB time spiral can have a slippage of plus or minus 1 to 2 days okay so that worked out pretty good we had some uh key reversal days didn't even get past day one okay so this one worked out pretty good and I've seen them go longer than 4 days but this one went 3 days so that was not a bad uh a bad trade there okay and we'll get into the specifics of that with the cash and the uh e- mini Futures but I want to look at the US 10 year cuz it's getting um pretty close to our Target we had triggers and targets with this we can show you guys the triggers and targets a little bit later with the S&P and or the es but um this is a little bit crowded here let's move these around so we're not all over the place there we go okay going back to uh the year 2020 we had a one up in Roman numerals a two down in Ran numerals we should get a three up here okay um Targets in the sevens but uh before that we have a one up with a circle okay and then we have an A down a b up and a c down to complete wave two in a circle our Target where C equals a is 3.51% so far the low is 3.65% on the 11th which was yesterday so it still May uh score a direct hit we'll see how that plays out but that's what we're looking at once this wave two is complete then we're going to get wave three up this three with a circle and it should go above the wave 1 high which is 5.02% so enjoy the load rates while they last where is this wrong you always ask ourselves where is this wrong okay so um this two cannot go lower than the start of wave 1 which was down here at 3253 per. so if it goes below that it's wrong okay two cannot go below there so that's pretty tight right there if you wanting to trade that or or get a loan or something like that okay the lows look like they're in or near on the uh us 10e okay um I want to get into that triggers and targets let me see if I've got that um and this is so crowded um let me um anyway we had our triggers and targets upside here I can back out of that just a quick review and uh there we go by the way I want to stress these are potential profits and I started that um that auto trade with triggers and targets a new subscription that's real trades with real stops and real gains and losses this is theoretical but I tied this algorithm into that uh Auto Trade so uh that's a brand new subscription where you open a um a trading account with with um a Futures broker Strikers and they autotrade my trades okay um let me just see if I can show it since I mentioned it let me get back into here and then you go to the website Woodsen wave.com autotrade triggers and targets here and there's the landing page for Woodson wave report with um with my uh system okay we're using uh the the Ryan Jones fixed ratio money management system and I'm using Fibonacci multiples and targets triggers and targets with the Fibonacci and Elliot waves of course okay so uh let's go back to as I got away from where we were yes there is the triggers and targets so again these are theoretical but we had five triggers upside going back to the October low this has kept us on the right side of the market for a long time about a year so the the idea is you buy a contract here another trigger you buy a second one another trigger you buy a third one four and five and so on then you get that result 108,000 that's 100% of the move never expect 100% of the move 60 to 80% is good here's a downside uh triggers and targets there's the upside triggers and targets and another one there I won't bore you with all that but if you just wanted to do your own trades you might want to subscribe to the triggers and Target subscription cuz those are video updates um otherwise you can just do the auto trade okay but it's it's been very good for us okay so uh let's get into the um I think I already did that there let me find that uh yeah we did that key reversal trade all right let me get into the S&P here let's see let's look at these I think I got the hourly nope got the hourly there okay this is the uh S&P hourly chart with these uh Fibonacci turn dates okay so a little bit off here but um the best thing about this is unlike other Fibonacci time spirals this one is calling alternating highs and lows okay so it started on uh 716 we had a low then a high then this is out of place um I don't know where that belongs but it's not there there it must have been a copy okay turn date low turn date High turn date low turn date High turn date low gave us this turn date High gave us this turn date low of 99 and uh as you can see this is the S&P cash and it bottomed one trading day earlier on Friday the 6th um and three Fibonacci calendar days earlier on Friday 96 our next turn date is 128 if this alternating highs and lows continues we might expect the next high in December okay so that's it on those um Fibonacci turn dates I want to get into um I think I got that pick here too yeah there this is you know a while back right when that made that high but this shows the uh the Fibonacci time spiral here with all the dates pointing to 99 okay and there they are again high low H low H low that makes it nice and neat and tidy as far as timing and as far as positions is concerned okay so let's get into the uh current on the es see where we're at here okay where did I put that that's the triggers and targets bear with me while I get here I tell you what I'm going to go to today's report because I know I have it there let me see that was the pre-market bear with me okay here we go all right there's our Auto Trade Tri triggers and targets okay the I'm the developer triggers and targets using Elliot wave extensions and and Fibonacci ratios Ryan Jones money management ratio basically there's a lot to it but basically it really keeps you from blowing your account up if I'm sure there's people out there who have done it I've done it in the past but this keeps you from doing it okay um and it also helps you extend your gains but it limits your losses okay and you open a trading account with Striker there's a contact info there and let's get into okay by the way I'll be out next week um for about 10 or 12 days and uh I'll try to get U reports published to paid subscrib and I'll see if I can get a YouTube video in during that time it's kind of touch and go okay but here's that count okay we had a there's the the all-time high all right there's the ABC correction down to that low we have a one up two down three up four down there's where the that was the key point right there that held that um 54 what was the actual 5394 and the Fibonacci 500 reach Trace was 5393 so this four down was perfect okay and the four down would have been eliminated if it would went below the wave one high at 53 59 and a qu that's what I love about Elliot wave if you've got your wave count right you know to the 100th of a point or to the penny on stocks where it's wrong so when we put this up where is this wrong 53 59 and A4 a move below there means that's not not away four down it means that this is wrong it's not 1 two 3 up it's something else and then you start looking for your uh targets to the downside that did not happen the blue count won out the wave four low one out perfect 50% retrace didn't have to worry about that downside trigger and here we are off to the races as you can see if this is from that August low which was an ABC correction off of that all-time high in July we have one up a two down a three up a four down we're confirmed that this count is correct when we move above the wave three High okay so uh we'll look for five waves up here to complete the pattern the uh the job or the responsibility of wave five is to go above the wave three High it doesn't have to equal one or 1.618 I put that up there as a Target we'll have to watch this unfold hourly is a good place to do that okay so that's what we're looking looking at here we're building long positions against this low on an intermediate term and a longer term against this low down here the August 5th low okay and this one was on the um again the Futures was on Sunday the 8th and the cash Market was on Friday the 6th so came really close to a direct hit in that slippage of plus or minus one to 2 days for the 99 Fibonacci turn date again our next one is in um in I'm sorry in December okay this all there we were looking at that 5359 again not achieved it still could but it doesn't look likely from here does it okay I think that's it for uh this report um till next time take care everyone