Sintar123

Sintar123

This is unlikely to be an impulse and more likely to be a double zigzag. Based on the retracement of the correction of the labelled x wave, this is unlikely to be a 4th wave because it is too deep. 4th waves are rarely greater than 50%. THe other reason this is unlikely to be an impulse is because the wave 2 is already deep so based off of rule of alternation wave...

Sintar123

I think we got a top in play. This market has been resilient so I wouldn't be surprised if we make a double top. The target for the drop is 1.618 extension of move from late June. This will be a sharp drop and we could get there by October.

Sintar123

Don't look for a big crash on this next correction. We are in an expanding triangle. If you studied EW, you know triangles are in 3s. So far after bouncing from March low we made a 5 wave move, now we make a correction then we will make another 5 wave impulse. The major top is not in but we will have a decent size 15-25% correction.

Sintar123 Updated 

Predicting a quick sharp large drop soon, that will be a good buying opportunity. This will then transform into a triangle where we will make a thrust out of an into final wave.

Sintar123

Keep the faith strong Bears. This is an update to my fractal post. Very close to top imo.

Sintar123

The DJT provides the cleanest EW count out of all the indices. Here we see a clear 5 wave impulse. Other indices the count can get confusing, not DJT.

Sintar123

5% gains every week, going to be a stairway to heaven. Why worry about debt when the market goes up everyday. /s

Sintar123

THere is no doubt in my mind we are in a blow-off phase for the Nasdaq. This is reminiscent of the 2000 dotcom bubble that also went parabolic. The angle ascent is almost 90 degrees. I'm not saying the top is in but we are near the final phase or final rally. I think we will get one more pullback this fall then continue higher going into summer of 2021.

Sintar123 Updated 

Butterfly harmonic. CD can extend 127 or 161 percent of XA. In this case, we past 127 so next goal is 161. I believe once we reach this we will have a swift correction. This is very similar to the correction that occured in 2018.

Sintar123

Continuing from the "Updated Intermediate Count" linked we are in the final waves of wave 3 from 1932 low. Once we top sometime early this decade we will fall in 3 waves likely forming a flat/expanded flat forming wave 4 from 1932 low.

Sintar123

The Oct 2018 to March 2020 correction was wave 4 from 2009 low. It is a flat/expanded flat. It is a fractal of 2000-2009. At first I didn't like this because it was hard to count 5 subwaves down but it is looking like the correct answer now. The confirmation will be the next wave down. If we go below 2700 than this count is wrong and we are still in wave 4, but...

Sintar123

Going to hit the resistance of the upper trendline. I think we will get atleast 2800 when we head down. , anything lower is up on the air. If we head down real quick in one wave to ~2800 then chances are we go lower but if we go down in 3 waves, then 2800 area may be bottom.

Sintar123

I know my timing on this has been off and we continue to be making lows. I was wrong. This is a EW count. Since the low around 9 back in March we have been making 3 waves. This may be an expanding diagonal. Wave 4>2 and Wave 5>3>1. Note I do not know if we have bottomed yet in wave 4, but this is a valid and excellent count if we were to start rallying again.

Sintar123

The current waves look almost exactly the same as early 2018 except ofc in a smaller scale. What followed in Oct of 2018 was a big correction. I expect a similar outcome.

Sintar123

Forming a double zigzag. The X wave is also a double zigzag that might have bottomed today. This has ripped with the VIX and will rip again with the VIX. SPX should fall in 3 waves.

Sintar123 Updated 

Super, Exciting Time Cycle Identified for VIX and CV stocks. There is a major time cycle(semi-circles) and minor time cycle (lines) running. The major time cycle bottoms around the 17th of August. So look for a top in the market then and a bottom in VIX and CV stocks. This will be followed by a rally in VIX/CV stocks going in 2 phases/cycles with a minor top in...

Sintar123

massive bull flag on weekly.

Sintar123

Market isn't always obvious.