Inaugural

Inaugural Updated 

Lots of information to pile onto my post on the weekly scale. Short term direction continues short to 3978. Short arguments: Elliot Wave did not - Expected wave C to go farther to flip it to a wave 3 on long Fibonacci retracement stopped right at 4178 (50%) - Closes at top and bottom of the initial downtrend We have crossed 21 EMA currently All data...

Inaugural

The short argument: Taking a look at the weekly chart on S&P500, I believe this Elliot Wave Pattern looks pretty good *to me*. We've just completed the ABC retracement, and looking to continue the downtrend to 3350 and the end of the initial bubble, before the super bubble after the initial pandemic drop. We came right to the 50% fib retracement on the...

Inaugural

We broke the downtrend on ETHUSD!! This one here: Bitcoin and Ether played well off of each other to break some trends. *Keep in mind that we have the bullish trend line that we've dealt with two MAJOR pullbacks in the past. This also happens to correlate with the 3000 mark. So i think it will be interesting. I could definitely see a pull back into the...

Inaugural Updated 

The bearish trend has a high potential to continue after the latest rally. This will be the third time we came back to the .236 retracement from the top Continuing to follow the down trend both overall and the recent steeper decline Note: Each of the fib retracements measure from the high to each of the three stops along the way during the downtrend, they...

Inaugural Updated 

The bearish trend has a high potential to continue after the latest rally. This will be the third time we came back to the .236 retracement from the top Continuing to follow the down trend both overall and the recent steeper decline Note: if you take the fib retracement and measure each of the (potential) bottoms on this downtrend, they all keep popping...