Yugeneswaram

Yugeneswaram

Wave 4 at larger degree could be still in progress before Wave 5 comes in...

Yugeneswaram

Awaiting..

Yugeneswaram Updated 

From wild thoughts and testing my wave pattern uncovering, Wave 2 is in formation. This is backed by oversold RSI in day chart. Corrective shall reach at 3500's area before Wave 3 of C begins.

Yugeneswaram

Upon completed Wave B of Bear, Wave C is in progress. Current outlook : Bull in short term. Market might rebound to 1600 range before drops till 890 to complete the recession/deflation cycle which is a hard reset for business...

Yugeneswaram

Wave iv is in completion as expected. Wave v shall be in progress to complete the wave 3 at 1 higher degree. Wave 4 of one higher degree shall be accomplished either few days before election or on the election day itself. Other alternative is that completion of wave 4 at 1 higher degree will complete few days before election and wave 5 will have sharp incline to...

Yugeneswaram

KLSE study initiated

Yugeneswaram

Wave 3 of Wave Big 3 of Wave Big 5 has completed. Wave 4 will be in progress to complete Wave 4 of Wave Big 3. Followed by Wave of Wave Big 3 then Wave 5 of Wave Big 3....

Yugeneswaram

Wave 2 of Wave 5 is complete. Wave 3 of Wave 5 is in progress. Wave 3 should be hitting beyond 1.618 depending the strength of bear and may touch 2.618 level before bulls to Wave 4 of Wave 5 near to Wave 1...Lets see. P/S: This is not recommendation or financial advisory.

Yugeneswaram

Can this be alternate scenario... Wait for it to unfold

Yugeneswaram

Is Wave 1 of 5 completed? Is Wave 2 of 5 completed? Is Wave 3 will be in progress today? Or will it be another alternate recount, another scenario??

Yugeneswaram

Revisit EW count, seems SPX 500 is still in bull mode where Wave 5 of (5) in progress...

Yugeneswaram

Bullishly for now, Wave 2 of Wave 5 of (5) is in formation. Target price could be between 40.6 to 41.6 before turns bear.

Yugeneswaram

In my none established humble opinion, according to Wave Pattern principle, Wave 2 of Wave 5 of (5) is in formation. Target price could be between 40.6 to 41.6 before turns to Wave 3 of Wave 5 of (5).

Yugeneswaram

Assuming POS has reached its most bottom it is generating new cycle of bull. Wave 2 of new cycle still in formation and is expected to be in range of 0.78 t0 0.68 before forms Wave 3.

Yugeneswaram

Wave 4 still in progress from monthly view. Slow completion, and it is exhausting to wait for the crash but patience is a bliss. Lets wait for bear to come.

Yugeneswaram

Tripple EMA shows downtrend. Price may move towards 0.755 or lower as time allows...

Yugeneswaram

Wave b still in force while waiting Wave c of Wave 4 cycle...

Yugeneswaram

Using Fib retracement Wave 3 of 5 did meet rules of 1.618 of Wave 1. So, pattern can say meet the rules. As long as Wave 4 does not enter territory of Wave 4, believe this pattern is valid for now...