Stock Reversals | Weekly Elliott Wave Forecasts and Trading Ideas Report
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Weekly Elliott Wave Forecasts and Trading Ideas Report


Subscription services for the Active Investor Members get an exclusive 25% coupon offer to join our SRP Swing Trade subscription service. 

Read up on all 5 Subscription Options at TheMarketAnalysts.Com or bottom of this Report


Weekly  Stock Market and Trading Strategies Report Week of December 23rd

Recent results and notes: 

Added one new swing trade position this past week, already up nicely in a few days.  Several at 1/2 position size after selling 1/2 for profits as well. We may add a few more this week, but current rally leg is getting a bit stretched.

ETF Service:  Added a new Alert on Friday for initial 1/2 position in a sector that completed a 13 week correction recently, and are close to selling 1/2 our TNA for 8% gains soon as well. Have hit 6 of our last 7 trades for 8-10% gains!!

20% off for my SRP Members… launched just recently on $40 a month less 20% coupon or $32 monthly.  We will solely trade 3x ETF Bull and Bear pairs as the market dictates. Read up at   Use the Subscribe tab to join off your desktop on Stocktwits and use code “Save20forever” verbatim to get 20% off for life. 

Short Term and Long Term Elliott Wave Views for the SP 500 Index

Short Term:   As discussed last week here, Wave 5 up could extended to 3230-3270 and we are getting close here to watch for a short term top coming.

Long Term:   (Wave  3 of Intermediate 3 of Major 3).  The long term Primary Wave 5 up from Feb 2016 lows continues, we are in Major Wave 3 up from the 2345 lows of Major 2 in Dec 2018.  We continue up in Intermediate Wave 3 of Major Wave 3 of Primary 5, this could extend to 3250-3350 area eventually before completed… then  Wave 4 of Intermediate 3 likely, guessing Jan/February time frame possible.


Long Term View:  Int 3 of Major 3 underway to over 3300 likely

5th wave of 3 of  Intermediate 3 underway from 3070… should top fairly soon, have a 4th wave correction, then rally again in a larger 5th to complete intermediate 3, this could all take several more months, we will see.


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Short Term View: Wave 5 of 3 continues higher

Wave 5 continues of 3 of 5…  Looking at 3250 area loosely as possible, but one week at a time.

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Market Notes and Indicator Charts:

  • Santa rally continues higher, though likely running out of gas into January is my projection
  • Riding the ES Futures contract higher in the E MINI Services for profits, looking for 3250 area
  • 3x ETF service going strong, consider joining, currently long TNA and took a new position Friday on another
  • Greed index climbing, may end up with final spike higher to end wave 5 up of 3, Reading at 90 out of 100!

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Weekly ideas and tips on Swing Trading Success:    Watching for top and bottom signals

Pay attention to market topping and or bottoming signals outside of the charts.  Lots of Bulls or Bears on CNBC, Magazine covers, articles on Yahoo Finance or CBS Marketwatch, headlines, discussion of possible recession or booming economy, you get the idea.  When one side of the ship has too many doubters or too many believers, your probably near a top or bottom.  We are nearing an interim top in the stock market, probably holds up through year end but prepare for some profit taking in the early new year possible. Good time to  cash in a few chips if you have some big winners of late.

Swing Trade Candidates:  A list of ideas to consider

Last week PING rose near 15% off this list, usually a few winners every week.  SEDG up 5.3% last week on top of 7.5% the week prior, both weeks on this list, DT up 4.8%, EVER 4.6%, VGR up 4.7%.

This week as usual we have an updated list of some ideas for the intermediate window.  We issue official alerts to SRP members via Text and Email and Post and they may or may not come off this list.

Updated 12/22/19 


7 week correction off Post IPO highs. Off and on our list, volatile but this recent IPO is overall holding up nicely in a  Post IPO High corrective consolidation base pattern. They make RF Devices for cosmetic procedures.


7 weeks tight base near highs for this Private Mortgage Insurance provider.


5 week base near 52 week highs, gaming, casino etc business.


An SRP alert this past week near 58, now in a 6 week tight base near highs. Develops a purchase intelligence platform for for marketers of debit cards etc.


3 week base near highs. Provides E Signatures solutions for contracts etc. (Docusign) 2nd week in row on list


7 week overall base, up 4.6% last week of this list, near highs, 2nd week in a row on the list. Online exchange/marketplace for insurance products.


5 week corrective base within an overall 14 week base near highs.  Pulled back this past week, 2nd week in a row on list. We played this a few weeks back at SRP for nice gains. FINTECH solutions in Brazil, a Warren Buffett top holding too.


A current SRP position, we took 1/2 gains this past week at 8% or so. Looks ready to spike higher though. 3rd week in a row on the list. Nice base pattern near recent multi moth highs.


5 week POST IPO Corrective pattern.  Up 4.8% last week off this list, 2nd week in a row, still looks good. Develops software intelligence platform to allow customers to modernize and automate IT operations.


6 week corrective base, testing 13 week EMA line this past week.  4th week in a row on list.  Pulled back for 2nd straight week last week, need to see it hold $36 area.


5 Week base near highs, Cigarette maker. 4th week in a row on list.  Pulled back a bit this past week, but as long as 12.25 area holds on a closing basis this is normal consolidation action.


11 Week base, golf equipment maker. 4th week in a row on list, still consolidating.


10 weeks tight base not far from 52 week highs. Reasonable PE ratio. 579 Retail stores offering sleep number bedding. 5th week in row on the list.

Read up at for more details now launching with service hosted on  Launched on 9/16/19 ! Use COUPON CODE “Save20forever” (Case sensitive)  for 20% off .

We have hit 5 straight trades over last two weeks through 12/1/19 for gains of  8%, 9%, 8% and so far 8% and 7%, pays for itself!!

 We are trading 3x ETF pairs in Bull or Bear movements based on my Elliott Wave analysis and more.

 We offer five different subscription services for our Members, helping you cover the gamut of SP 500 futures trading with tax favorable treatment, Long Term Growth Stocks, Swing Trading Stocks and ETF’s, 3x ETF only Swing Trade Service on, and Auto-Trade execution service for SP 500 futures trading.–  Swing Trading with SMS text, Email, and Post on each alert, morning pre market reports daily on the SP 500 forecasts, position updates, and strategy notes.

70% success rate since inception September 2013! – 3x ETF bull and bear leveraged swing trading using my Elliot Wave and behavioral pattern analysis.

$40 a month and only $32 using code Save20forever on stocktwits! Consistent profits without single stock risk!– Growth Stocks with 50-200% upside with our proprietary research! We cashed out on SOLO for over 200% gains in 5 weeks! SOLY recently up 400% in 10 weeks.

E-Mini Future Trading Service -Hosted on trading the ES Futures contract (SP 500)

Up over 355 points since Inception late October 2019. Thats a 155% annualized gain!! 

Daily morning SP 500 Futures trading guidance and alerts! We keep you on the right side of the market direction and trades.  Tax Favorable treatment, simple reporting to IRS, eligible for IRA and Regular Accounts both!

This service focuses on the SP 500 using our market map models and then translates that to Futures Trading advice and alerts. Short term and long term views…morning updates, trades and more.

Join for $50 a month! Use coupon code SAVE20 to try for 20% off.  Auto-Trading SP 500 Futures Service

Launched in late January 2019 for those who are too busy to wait for alerts to buy and sell and want us to handle executions for you with our Trading Firm in Chicago.

Contact Dave with any questions (