The S&P 500 reacted strongly from the extreme boundary of the wave (4) area. The main question is now if this reaction is impulsive or corrective. With the current data, it still looks corrective.
The wave (4) as a WXYXZ structure in the primary scenario was confirmed today as we took out the wave (3) high. At the one hand this is bullish as we are now working on a wave (5). At the other hand, we have to be carefull with the expectations for this fifth wave. With the current data we favor some more upside but we do not expect a huge wave (5) bull run.
In the higher time frame, we are working on a wave ((2)) correction down. This wave ((2)) is unfolding as an ABC and we are currently working on the wave B. In the lower time frame, wave B is unfolding as a WXY structure.
It seems that we are currently in the wave 4 , and the current wave is the correction of a pentagonal triangle, each side of which consists of three waves. I believe that the correction will end at 0.011, and the target is 0.618 Fibo, that is, at a price of 0.024 USD. DGH is a health project based on UK with many partnerships in Euro area and MENA . it is not a...
Good Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research for your money.)
The US CPI came down more than expected yesterday at 3.2% y/y, and as a result the USD fell sharply with US yeilds, while stocks and metals are on the rise. For now, this seems to be a very important data as it causes also a very important breakdown on USD index and US yeilds. Looking at the US yeilds, we have five waves down, so it means that top is in place,...
-5th wave on it way of elliots wave to complete DXY Bearish movement -it will retest on previous resistance now support.
The US Dollar Index has found a bottom before it continues it's historic rise. Since July 18th, the dollar issued a massive 12 week rally resulting in an impulse wave with both a third and a fifth wave extension. The resulting correction, labeled as wave 2, appears to be finished, or very close to finished. Wave 2 carved out a double zigzag that has perfect...
We did reach a first station where this could drop. Had a reaction downwards, but is it enough? Presented WXY for aditional complex variation of wave 2 forming.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Chart NAILED the pivot at 13.391 identified 🧵 Well, missed by $0.03. Couple of counts I am keeping an eye on. What's your favorite colour?
NASDAQ:MARA I like the stock and currently hold. I personally feel one more high to $28-$33 (Could extend past this). Then potentially fall to sub $3. The new lows present an opportunity for big money to buy miners whilst exceptionally low in value. The current fair value price for NASDAQ:MARA is $9.59. Anything below this is deep value in my opinion....
The index is now trading in wave (v) of 3, which could end around 16,300/16,500. This will be followed by another correction and rally to end the move, taking the index easily above the all-time highs of 16764.86. The break out of the consolidation phase that was contained by parallel lines and can be seen in both charts was the signal that the uptrend resumed.
SPX is destined to drop hard, back to 2009 lows. I decided to go short, to catch the next Market Crash. It's the previous Wave 4 of a lesser degree. If you know Elliott Wave as I do, then you are getting ready too. In my opinion SPX500USD has topped a Wave 5 of a large degree. More info on that in my Full Wave Count for that 150y old chart. Here's a picture...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
XAUUD's 1958 +/- is confluence zone of 1) Breaker Block 2) Order Block 3) Median line of Pitchfork.
#TONCOIN #TON Long-Term targets, until end of 2025 Compared to the rest of the market currencies, TON currency has been listed in the exchanges for a short time and has an incomplete chart since this day, and for this reason, it is more difficult to recognize its long-term goals. But if we use the data provided by this chart, it can be seen that during 2022, a...
XAUUSD's Bias = AS USD almost approaching 103.50 +/-. Gold could possible only "reach" @ 1995 +/-
Yes, Dogecoin (DOGE) has shown some bullish signs in recent weeks. Here are some of the factors that could contribute to a continued upward trend for DOGE: Elon Musk: Elon Musk, a longtime supporter of Dogecoin, has hinted at integrating the cryptocurrency into Twitter's payment system. This could lead to increased adoption and demand for DOGE. Growing community...