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thatsblatzphemy
May 15, 2020 11:12 PM

MAY 18 > BLACK MONDAY < NASDAQ CRASH > ELLIOT WAVE WXY Short

Invesco QQQ Trust, Series 1NASDAQ

Description

As the title suggests. I believe we will see a stock market crash on Monday, May 18. (Or Tuesday/Wednesday if WXY morphs into WXYZ)

I called for the drop today, after completion of a perfect ABC flat. This however morphed into another WXY when another upside down ABC flat formed. We are now completing the 5 wave up into Monday's open.

3 (flat ABC) - 3 (flat ABC) - 5 wave impulse up. Completing a WXY complex flat

Also holding precarious levels within long term ascending channel. And exit.

Now BOOM. The drop.


If anyone has any questions regarding elliot wave. Feel free to ask. The pdf is free and can be found here:

0104.nccdn.net/1_5/1d1/31d/37b/A.J.-Frost--Robert-Prechter---Elliott-Wave-Principle.pdf
Comments
gowrigoli
so you are still confident that your theory do not need to be changed until wednesday?
markchang444
It looks like your thesis has been proven incorrect. News about the Feds and Vaccines really boosted the market today.
gowrigoli
@markchang444, Vaccine is a joke, not a real reason for market up. Vaccine trial was on about 45 individuals and next phase is expected in July. Fed did not give any good news. So it is either some other reason or purely technicals or the feeling of missing out.
gowrigoli
Looks like market is going reverse, huge up today.
gowrigoli
thank you very much for sharing your knowledge plus for the pdf file
thatsblatzphemy
@gowrigoli, Anytime! Spread the word Elliot wave was meant to be shared. It is a weapon. They fear it. Also, follow Victor Manena who showed me the way... even if he doesnt know it!

Victor Manena @vmanena is the elliot wave god. Check his Youtube.

All the best.
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