Bullish above the blue opposing GZ. Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all our questions regarding the Elliott Wave Principle! Cryptos are...
The double top on the macro is going to be a (big) problem, if it materializes. Not a setup to trust. Either we follow the white line of or we fall back to the bottom of the macro range. Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos,...
quick Idea: SPY just has a massive rally with no pullbacks and was not able to crack the previous high (yet). It's a risky short but price is resting below the 200MA on the 1HR so has not completely broken out of resistance. I see this playing out as a ABC correction with ~370 as the C wave completion.
Extending... Please like and share if you appreciate this market update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks & ETFs, cryptos, and commodities, in weekly, daily and 4-hour timeframes. Cryptos are updated every day of the week and on Saturday, if necessary. Traditional assets are updated on Monday, Tuesday, Wednesday...
Please like and share if you appreciate this market update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks & ETFs, cryptos, and commodities, in weekly, daily and 4-hour timeframes. Cryptos are updated every day of the week and on Saturday, if necessary. Traditional assets are updated on Monday, Tuesday, Wednesday and Thursday,...
We could have a triangle E within the triangle 4
Complex situation to say the least...
Looks like we did a ZZ 2/B with a short C, typical of bear market counter trend moves (reuncated ZZs are rare but can happen). The duration of this little upward correction suggests it may be a B instead of a W2.
Beautiful bounce off the GZ confluent with the ML of the channel. It really looks like a flat B of B.
S&P 500 Index (2H) / Two Elliott Wave Counts
AAPL (2H) / Two Elliott Wave Counts
Hidden bearish divergence on the 2H RSI
S&P 500 CFD (4H) / Three Elliott Wave Counts
XLV is the Healthcare ETF. In theory, the S&P 500 can't go down without XLV. Which one is lying?
Gold (4H) / Three Elliott Wave Counts
Oil (4H) / Primary Elliott Wave Count
Algo GZ + high EW probability area +1H Vegas waves + Oscillators OK + Volume OK
AMZN (2H) / Bullish & Bearish Elliott Wave Counts