Quite a lot of bearish confluence in this chart at the moment but bears will feel a lot better if 1500 pivot breaks and could assist with the Elliott Wave pattern here. But first, need to complete an impulse down. It has a 3 wave move at the moment so watching these levels to hold/break for clues. And then form a plan from there. Any questions, let me know, if...
Looks like it printed a pretty classic correction into resistance before the dump, which is looking like a decent impulsive move down from the AOI of the last chart. Looks like it could be ready for a correction, so I am watching for it to correct in potentially the same way into some resistance before more down. If this helps please boost and follow, Cheers!
A couple ways to play this, but here are some possibilities I am keeping an eye on. Some times, planning ahead and waiting for the market to reveal itself, give your projected count some love, is a good way to build confidence in a count variant if you have some uncertainty. Here I am looking for an impulse up, if it heads down from here Id go with a barrier...
I have been following this count since about 37k and its been playing pretty good so far. So if the High was the top, here are some most likely Elliott Wave targets combined with some market structure and vpvr confluence. The more waves that continue to be put in, the more precise the Elliott Wave projections. Please Boost and follow if this is helpful, Cheers!
Couple ways to count this, but I think its probably a tradable top is in and a potential retrace could be on its way. So watching for a corrective style retrace here for a bit more confirmation, but if this is an expanded flat, could be a swift move down. If its a running flat, the high should be taken out with a swiftness. Keeping an eye on these levels as well...
So if ADA gets a retrace here soon I would be watching for this to set up. This is an ideal area I will be looking. A break below .47 would be a bit sus and would reconsider things but the actual invalidation to to this, the bullish set up is noted on the chart. If helpful please boost and follow. Cheers!
The past 3 FOMC press conferences have been followed up by a pump into the end of day. The last 2 times, the day after, or even after the close of the day, SPX sold off and made a new low. We shall see if history will repeat itself this this time. If helpful, please boost and follow. Cheers.
Have some interesting Elliott Wave price action on this one. Some nice potential impulses to play off of. This would be the bearish variant. Bulls really need to break above and flip 3-3.40. Could be done at this point but there is a potential for one more leg up, before either more sideway or another leg lower. If helpful, like, follow and boost. Cheers.
So this would be the bearish variant of pattern in the recent price action in SPX. Will need to see these levels broken to provide more compelling evidence for the bears case. There can be a lot of PA after this that lead to some back and forth, but a break of the 4177 pivot along with these other pivots could lead to some clarity of count. If helpful, like,...
Nice bounce will be watching how it develops. The initial move up looks corrective to me, but in any case, a Zigzag and double Zigzags have similar most likely targets, so I will be looking in the same area regardless. Some nice confluence in that area. If helpful, please like and follow! Cheers.
A few things have to finish for this to play out to plan, but if the move down from 22.5k is not done and plays out in this general form, here is what I am looking for. Doesnt really matter to me what the potential impulse is finishing. Its an impulse, its a possible anchor and in this position the probabilities are limited. If bitcoin rockets from here, oh well...
Pretty cool how a simple channel can act as an auto lazer level identifier. At the range median now. Flipping this to support would be ideal, for bulls, but I will be watching these other levels as well. Please like and follow if helpful. Cheers.
It is important to remember that just because you have a completed zig zig, you do not necessarily have a completed correction... it could only just be the beginning. Please like and follow if helpful. Cheers!
If this PA plays out and moves towards 20k, I will be watching for these 2 setups, either way is fine with me. This area has proven it validity to me so its on watch. Please like and follow if helpful. Cheers!
Keeping an eye on this triangle setting up. It is hitting some markers, imo. Going to set alarms and see how it develops. If helpful please like and follow, cheers!
These are some of the major levels i am looking for confluence on and going to be playing off of. They may come in handy... Check out some of my other charts and If help full, please like and follow. Cheers!
Fun chart, looking for one more leg down, may be completing something, so watching this count. Check out some of my other stuff and give a like and follow if helpful. Cheers!
Some interesting structures here, looking for a break here to lead to some clarity. There is a trade here in my opinion, but depending on the break, could lead to even more setups to watch for, MO. Check out some of my other stuff and give a like and follow if helpful. Cheers!