Cycles can be identified by a curved rise, then a large pullback back to the average, dipping below the average, reclaiming the average, then dipping below again, and then reclaiming, then the next cycle begins
Cycle 3 in progress
Jump on the train while its hot "roaring 20s"
Looking for the 11000% increase before the fall occurs
Purgatory possibility is there...
A longer / bigger time frame indicates a huge shorting opportunity, I've missed a couple of shorts but bought all the way up and knew there was upside still ahead, gamma squeeze anyone?
What do you think?
The month of March and the first quarter of 2021 are coming to an end and there is a possibility of an April correction. Not in every market, but at least for the Nasdaq100, I can't argue it away at the moment.
The RSI has a double divergence and signals weakening momentum.
Therefore, in my opinion, we should wait for the end of the month and the end of the...
This is a great example of how a Head and Shoulders pattern looks like!
$12100 is my first target!
If you are interested to test some amazing BUY and SELL INDICATORS which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Red count is clean. Something to watch in the S&P 500 as well (which is less readable than NDX).
Please like and share if you appreciate this Elliott wave 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...
as i said in my SPX post America is doing the worst job at managing the economy thanks to trump wanting to win on how " great the economy looks"
good luck trading
Hi guys, we've had a great run upwards since the double bottom at approximately ~10700 levels.
I've drawn some new lines that could show us the way forward. However, this idea is going downwards.
If the fiscal stimulus goes through congress and gets accepted, i believe this channel will be invalid.
However, if it fails the coming week, we will be ready for a...
If white minor W5 lasts as long as W1, we will top in June 2022.
Guideline of equality sends us to 15683. The 1.618 extension is at 26701 (!).
Notice those Vegas jewels serving as support the past decade. Break those and it's game over for NDX.
Until then, the market is in BTFD-mode.
