Rykin_Capital

Rykin_Capital Updated 

We drew out Waves A,B no about to start C, which will bring us down I believe. This isn't investment advice.

Rykin_Capital Updated 

Lower lows, beginning of impulse wave identified. Does not look like a corrective pattern. NFA. I have identified nice point on the Fib Extension, Invalidation level in red as always. Anyways, I am longing this one once again. I will be following this space closely.

Rykin_Capital Updated 

At the beginning of 5th Wave Impulse here. Fibonacci levels for goals and expected time for completion. Invalidated if we drop below start of fractal. I will be watching this space carefully and modifying goals, as the market action unfolds.

Rykin_Capital Updated 

At the beginning of 5th Wave Impulse here. Fibonacci levels for goals and expected time for completion. Invalidated if we drop below start of fractal, red line. I will be watching this space carefully and modifying goals, as the market action unfolds.

Rykin_Capital Updated 

At the beginning of 5th Wave Impulse here. Fibonacci levels for goals and expected time for completion. Invalidation in red. I will be watching this space carefully and modifying goals, as the market action unfolds.

Rykin_Capital Updated 

Drawing out a nice zigzag. I will be shorting this.

Rykin_Capital Updated 

At the beginning of 5th Wave Impulse here. Broke through a number of triangles on the upside in a very unusual pattern. Fibonacci levels for goals and expected time for completion. Invalidated if we drop below start of fractal. I will be watching this space carefully and modifying goals, as the market action unfolds.

Rykin_Capital

Lower lows, beginning of impulse wave identified. Does not look like a corrective pattern. NFA. I have identified nice point on the Fib Extension, Invalidation level in red as always. Anyways, I am longing this one once again. I will be following this space closely.

Rykin_Capital

Yes. Have alook, bottoming out on w4, meaning w5 ahead

Rykin_Capital Updated 

At the beginning of 5th Wave Impulse here. Fibonacci levels for goals and expected time for completion. Invalidated if we drop below start of fractal. I will be watching this space carefully and modifying goals, as the market action unfolds.

Rykin_Capital Updated 

At the beginning of 5th Wave Impulse here. Fibonacci levels for goals and expected time for completion. Invalidated if we drop below start of fractal. I will be watching this space carefully and modifying goals, as the market action unfolds.

Rykin_Capital

At the beginning of 5th Wave Impulse here. Fibonacci levels for goals and expected time for completion. Invalidated if we drop below start of fractal. I will be watching this space carefully and modifying goals, as the market action unfolds.

Rykin_Capital

At the beginning of 5th Wave Impulse here. Fibonacci levels for goals and expected time for completion. Invalidated if we drop below start of fractal. I will be watching this space carefully and modifying goals, as the market action unfolds.

Rykin_Capital

At the beginning of 5th Wave Impulse here. Fibonacci levels for goals and expected time for completion. Invalidated if we drop below start of fractal. I will be watching this space carefully and modifying goals, as the market action unfolds.

Rykin_Capital

At the beginning of 5th Wave Impulse here. Fibonacci levels for goals and expected time for completion. Invalidated if we drop below start of fractal. I will be watching this space carefully and modifying goals, as the market action unfolds.

Rykin_Capital Updated 

Divergent RSI, 5 Wave impulse complete. Goals are in blue (blue line) Red line is invalidation. This is my short term outlook while correction happens, on longer time scales gold looks very bullish. But I don't plan to keep my short in forever.

Rykin_Capital Updated 

Breakout in QQQ Index. I believe we are in Wave 5 of Impulse. Fibonacci extension indicates possible peak/point of reversal

Rykin_Capital Updated 

I expect increased volatility on SnP500. We are finishing up on the descending wedge. An increase in VIX, signals greater volatility on markets. In the case of SNP500 this may mean a downward move as part of Wave 4 or parabolic growth as part of Wave 5.