PhiWaveCapital

PhiWaveCapital

Anticipating the completion of wave {iv} of 3 before ZIM continues its journey higher through 23.78 and towards the 30-40 range in wave {v} of 3. Current price levels make a good candidate for a bottom for wave {iv} of 3. Ideal Fibonacci proportion exists where wave {iv} of 3 equals 0.382 the distance of wave {iii} of 3 and wave (c) of {iv} equals wave (a) of...

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TLT should continue to develop higher through 94.84 and 100.57 against the wave (ii) of {c} low of 89.82 following the completion of a perfectly proportioned zigzag wave {b} as well as a distinct diagonal wave (i) of {c}.

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Looking for a break through the wave D high of 209.77 and towards 227.13 against the wave C low of 191.34 in wave (C) of {B}.

PhiWaveCapital

The five-wave impulsive reversal from the 6.07 low likely indicates that the wave B flat pattern that has been developing since early April is complete and the next leg higher in wave C has begun. Wave B and the components of wave B display excellent Fibonacci proportion, increasing the validity of the pattern. Price action should remain corrective against the...

PhiWaveCapital

TSLA is likely to begin a bear market following the possible completion of a triangle pattern in wave {x}. Wave (e) of {x} has terminated near a significant Fibonacci cluster incorporating several degrees of trend. Prices should begin to develop lower in an impulsive manner against the wave (c) of {x} high of 299.3 towards and through at least the wave (d) of {x}...

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NASDAQ:AAXJ The break of the wave iv of (c) of ((ii)) high at 64.86 indicates the likely completion of a zig-zag correction in AAXJ. The pattern displays a perfect corrective channel and ideal Fibonacci proportions. Downside should remain corrective against the wave ((ii)) low of 60.92 as price develops higher towards the wave (b) of ((ii)) high of 70.63 and...

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Looking Higher in wave (iii) of {iii} through at least 12.53 against the wave {ii} low of 9.57.

PhiWaveCapital

Tilray has developed a series of very deep second waves following the completion of wave (1). Despite this, price has nonetheless adhered to the proper Elliot wave form and has begun to turn from the crucial 1.60 level. If the forecast for a third wave of a third wave is correct, prices should very rapidly begin pushing higher through at least 2.97 and 5.12 against 1.60.

PhiWaveCapital

Anticipating the completion of wave following the development of a diagonal wave . A rapid impulsive reversal should confirm wave is complete and wave is in progress towards and through 11.37. Alternatively, if price fails to develop in an impulsive manner, it may signal wave is not yet complete.

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AMEX:CQQQ The five wave thrust through the wave (iv) of ((c)) of Y of (B) high should confirm the completion of the entire double three corrective pattern that began in January. Any downside should remain corrective against the wave (B) low of 33.50 as wave (C) begins to develop higher towards the wave (A) high and through at least 38.49 and 44.05. Much...

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NASDAQ:AEP An impulsive break of 78.15 against the wave (y) high of 81.08 should confirm that wave (c) is in progress. Price should decline through at least 75.96 and 74.97 towards 69.38. A violation of the 81.08 will invalidate the wave count.

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NYSE:UNP A decline through 216.92 would suggest the completion of wave (b) of , and see prices move swiftly towards the wave (a) low of 199.33 and potentially lower towards 183.70. Should prices continue higher through the 224.99 high, it would signal that wave (b) is not yet complete.

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NASDAQ:VFF Looking higher in wave 3 following the completion of a leading diagonal wave 1. Prices should develop impulsively through 1.17 and towards 2.37 against the wave 2 low of 0.6250. A break of this low will invalidate the setup.

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COMEX:SI1! The recent sharp and sizeable decline sheds some light on the developing pattern. The failure to breach the 26.435 high, coupled with the immediate rejection and 12% decline from said high, indicates the high probability of the completion of a wave X triangle pattern. Upside should remain corrective as prices begin falling through 21.925 and...

PhiWaveCapital

NASDAQ:TW Tradeweb Markets is set to begin a major bear market against the 102.33 high following the completion of a double zigzag. Prices should begin to develop impulsively towards and through at least the 78.75 low against 102.33. Much greater bearish potential exists.

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AMEX:GDX The impulsive break of the wave (i) of ((c)) high of 30.16 indicates the continuation of trend higher through 32.92 and 36.26. Downside should remain corrective against the wave (ii) of ((c)) low of 27.02.