18773675-Pitchforking-your-way-to-profits-Elliott-Wave-Daily-Market-Update-SAMPLE

August 11, 2009

© 2009 by Forkoholic.com

Dear traders and investor!

I'm Serge and I'm a Forkoholic, creator of Elliott Wave Forkology! Who is a “Forkoholic” you’d ask? Forkoholic is a person/trader who utilizes (sometimes too much! Lol ) usage of pitchforks in their trading setups and technical analysis. I’m glad to introduce to you "EWF’s MUP (Market Update) Frequent, almost daily publication on US Markets, including $SPX, precious metals, commodities, futures, forex. Check Forkoholic.com website for other services and publications. - Forkoholic Serge 2009, California, USA.

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Pitchforking your way to profits As you remember last night’s MUP suggested a rally this morning:

“We can attempt to rally to at least 1012—upper Yellow fork line in the morning and evaluate from there. “ And we indeed rallied in the futures up to 1013 area before starting a whole day’s decline. 990 area could provide some support as you can see we‘ve been here several times. Our channel we mentioned yesterday got broken today as well

© 2009 by Forkoholic.com

Pitchforking your way to profits Mid-day pop managed to get us back to the median line of Yellow fork from below. We count this decline from 1018 as an ABC with A & B complete. Only question remains if C completed at today lows or it subdivided into another abc. Tomorrow is FOMC announcement so as always we can expect some “fireworks”.

b

a

B

A

© 2009 by Forkoholic.com

No1 Tops Indicator In topping process Some divergences on MACD

© 2009 by Forkoholic.com

No2 Tops/Bottoms Indicator Bearish, lower low

© 2009 by Forkoholic.com

No3 Tops/Bottoms Indicator Topped

© 2009 by Forkoholic.com

Market Structure Indicator Bearish, lower low

© 2009 by Forkoholic.com

$TCP (CBOE Total Call/Put) indicator Bullish, higher high

© 2009 by Forkoholic.com

$ECP (CBOE Equity Call/Put) indicator Topped

© 2009 by Forkoholic.com

$NYMO indicator Bearish, crossed 0 line

© 2009 by Forkoholic.com

$NYSI indicator Bullish, divs

© 2009 by Forkoholic.com

$BPSPX indicator Bullish, some divergences, flattening

© 2009 by Forkoholic.com

$NYMOLOGYST indicator Bearish, topped, lower low

© 2009 by Forkoholic.com

Total Volume Volume drops—ahead of FOMC?

© 2009 by Forkoholic.com

Capital Liquidity Neutral, attempt to break out to upside from triangle

© 2009 by Forkoholic.com

Summary of daily indicators Indicators are mixes with some bearishness.

No1 Tops

In topping process Some divergences on MACD

No2 Tops/Bottoms

Bearish, lower low

No3 Tops/Bottoms

Topped

Market Structure Indicator

Bearish, lower low

$TCP

Bullish, higher high

$ECP

Topped

$NYMO

Bearish, crossed 0 line

$NYSI

Bullish, divs

$BPSPX

Bullish, some divergences, flattening

$NYMOLOGYST Total Volume Capital Markets Liquidity

Bearish, topped, lower low decreasing Neutral

© 2009 by Forkoholic.com

MUP Indicators Explained As no one indicator as far as we know offers a holy grail we at Elliott Wave Forkology (EWF) use multiple set of indicators to measure the market health. EWF’s Market Update (MUP) contains those several indicators we use every day to detect highs/lows, market direction, liquidity and sentiment. This article was created as many of our subscribers asked for more detailed explanation how those indicators function. As with many other indicators we’re looking for high/low values on each, as well as divergences on MACD, STO and RSI of each indicator. We also notice when all or majority of indicators are in sync, all Bullish or all Bearish, this is called a confluence of indicators. Check our “MUP Indicators Explained” publication for detailed explanation of each of our indicators. That publication is provided FREE of charge for every subscriber, who subscribed for 1 week or longer to our daily services as well as our monthly newsletter.

© 2009 by Forkoholic.com

Subscription rates Daily Market Update (MUP)

State of Indicators Daily (SID)

Includes SID

1 day

US$3

1 day

US$1.5

1 week

US$13

1 week

US$6

1 month

US$49

1 month

US$25

6 months

US$261

6 months

US$121

1 year

US$500

1 year

US$200

Monthly Newsletter

Market Vibrations Report (MVR)

1 month

US$78

30 days

US$11

6 month

US$382

60 days

US$19

1 year

US$618

Services at EWF We provide many other services, including individual Fork & Fractal Reports, as well as digital e-books & articles. Visit our main website www.Forkoholic.com for more information

Competitive pricing? At this time we can’t offer competitive pricing as shops like EWI, NeoWave & McHugh have thousands of subscribers. As we grow quantitatively we will revisit the issue.

© 2009 by Forkoholic.com

Market Fractals Methodology Fractal Market Methodology used in our technical analysis is an invention of my good friend and a brilliant technical analyst Henry Wernicki at www.ElliottFractals.com. I personally recommend subscribing to his services so you can learn more about Market Fractals from the master.

Some of my enhancement to the Hank’s original theory as well as my personal views and interpretations may not have been approved and/or endorsed by Henry Wernicki.

© 2009 by Forkoholic.com

Check out New & Upcoming Titles from “Secret Forkoholics Lab” Series

© 2009 by Forkoholic.com

Individual Services at EWF Fork Report Get unique and valuable report for 3 of your favorite stocks, indices, ETFs, commodities. Report Includes: Basic

Enhanced

Enhanced + Intraday

Proprietary EWF’s Pitchfork analysis & price projections

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Yes

Yes

Elliott Wave Count

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Yes

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Intraday EW + Fork

No

No

Yes

Ready in up to 72 hours via E-mail in Adobe PDF Format.

Fork+Fractal Report Get unique and valuable report for 3 of your favorite stocks, indices, ETFs, commodities. Report Includes: Basic

Enhanced

Enhanced + Intraday

Proprietary EWF’s Pitchfork analysis & price projections

Yes

Yes

Yes

Elliott Wave Count

No

Yes

Yes

Intraday EW + Fork

No

No

Yes

Fractal

Yes

Yes

Yes

Ready in up to 72 hours via E-mail in Adobe PDF Format.

Visit main website to purchase

http://forkoholic.com/services.htm

Forkoholics 1000 Club Signup Hello all! I’m Serge and I’m a Forkoholic! Creator and founder of Elliott Wave Forkology (EWF). I was forking since 3 years old (kidding!). In late 2007 early 2008 I started learning Elliott Wave Principle and while testing new trading software package discovered how to apply Andrew’s pitchfork in combination with Elliott Wave Analysis and that’s how EWF was born. While looking for a catchy domain name I came up with name “Forkoholic.com” and I think it’s an instant hit

Today I’m excited to introduce to you June 2009 issue of “Elliott Wave Forkology” Newsletter. For now it’s a quarterly publication with focus on Elliott Wave Forkology, Market Fractals and Market Cycles. My hope what this Newsletter will grow and it will become more frequent, possibly monthly/weekly and even daily publication.

I have a lot of great ideas, including rental e-book store with financial books, one of the kind Financial Social Network, Fork-friendly proprietary CHARTING Software (my goal to become No 2 charting software after Stockcharts.com). Just imagine iTunes-like store for everything financial and more... So what is Forkoholics 1000 Club Lifetime? It’s an educational financial hangout place devoted to Elliott Wave Forkology research and studies. It is also a Social Financing project. We invite only 1000 people to donate $1000 fee for a Lifetime membership in educational resources of Elliott Wave Forkology. Signup form http://forkoholic.com/club1000.htm

Members will enjoy following lifetime benefits: - Free Daily Newsletter covering major markets - One Free Elliott Wave Forkology book (when published around 2011-2012) + S/H - Free EWF Charting Software - state of the art elliottician-friendly & pitchfork friendly charting software which incorporates all principles of EWF (in development/when completed) - Free online educational courses on Elliott Wave Forkology (when published ) - One Free Individual Fork Report per quarter for 3 of your favorite stocks. - One Free Trading Book Rental in our Rental Bookstore (online by 2010) - Unique Members Only Financial Social Network community of traders. - One Free "I'm a Forkoholic" T-shirt individually sequenced from 2 to 1000. - Discounts to iTunes-like financial store Follow me on Twitter - Discounts to Financial Social Network parts not related to Forkology (EWF parts are free) http://twitter.com/forkoholic ...and much more

How money will be spent? Hiring programmers to write state of the art elliottician-friendly & pitchfork friendly charting software Hiring designers for website Website upgrades and maintenance Creation of instructional courses

*Lifetime – meaning lifetime of the project, meaning if something happens to me tomorrow, you can’t force my children to make a newsletter :)