Agent_of_Maat

Agent_of_Maat

Looking for a retrace to .786 or 251 area for bullish scenario.

Agent_of_Maat

HMMJ finally at last line of support. If it breaks down here then things look very dire for this etf.. my guess would be next support at 2 - 5 dollars. However.. if it bounces here which I think it will.. look for a retest of the lower bearish channel and create a running triangle which would likely break down. The only reason I could see this reversing is...

Agent_of_Maat

MGI retraced to the .786 which seems to be common for a wave 2 retracement. MGI is now focusing on debt repayment and business streamlining. Use of "on demand liquidity" is ramping up significantly. The potential upside is amazing. I'll be watching for the wave 4 to be a running triangle to confirm the count.

Agent_of_Maat

Moneygram partnered with Ripple to use ODL "on demand liquidity" to start preparing international corridors for the scaling up for use between banks. During the teleconference for the earnings report this morning the fellow said they would be compensated for the liquidity they help create with their networks and that would be added to their revenue. With...

Agent_of_Maat

1. orange line is median going back 30+ years. 2. Current wave 4 retrace to level of preceding wave 4 on a lower scale. 3. .5 retraces are common even in last bull run. bull target 1700, then ABC correction back to long term median and .382 fib of current impulse. Then off to the races for 5k gold... if usd is even around then... :P More likely we'll be...

Agent_of_Maat

Slow august volumes allowing for grind higher. c wave lower.. still in bull mode. C wave at 270 before sept 18.

Agent_of_Maat

End of correction target 1400 - 1360. Then mega bull returns.. :)

Agent_of_Maat

if this large A wave is only just starting wave 2.. then wave c target of 1400 - 1360 is much more plausible.

Agent_of_Maat

top pattern near identical to ath. sept 23 intersects bottom of bear channel and 1 standard deviation below median at the height of preceding wave 4.

Agent_of_Maat

probably hit median at 1430... amazing if it hits bottom channel line.... :P

Agent_of_Maat

Revised retrace channel.. wasn't lined up right. C wave target 1463

Agent_of_Maat

ABC until next fomc meeting sept 18 then mega bull.

Agent_of_Maat

wave 5 touched the 2 standard deviation above median perfectly.. ABC now to wave 4 previous at .382 fib.. target 1402 then mega bull to 2k.

Agent_of_Maat

Bullish c wave retrace to 274. If bear then target 210.

Agent_of_Maat

Bear case more compelling.

Agent_of_Maat

Short AF. broke and closed out of bull channel.

Agent_of_Maat

Long AF. Just finishing wave 4 running flat.

Agent_of_Maat

Wave 5 of mega cycle finishing. Support is a rug. Danger .. do not enter.