Sintar123

Sintar123

Breakdown of triangle has occurred. Target is ~2. The larger pattern is an expanding triple zigzag. Once this completes, I think that may be a good buy point if company is still viable.

Sintar123

Target is 30

Sintar123

Doesn't get any better than this. This is a textbook expanded flat with a 5 wave C impulse to complete. What follows could be 5 waves down or 3. Too difficult to tell right now, we have to see the first move down and how impulsive it is.

Sintar123

You can count this as an atypical impulse or more traditional WXY corrective structure. What I think is going on is this is likely an impulse that was morphed because of bullish/bearish factors that is why you don't see an obvious impulse in the other indices such as Nasdaq or SPX. Since June we are making a triangle/diagonal structure with 5 waves or ABCDE with...

Sintar123

The Sheep are being led to the slaughter. People are being extremely complacent. Soon the dip will not stop and will keep going down and down. There will be an enormous amount of bagholders soon.

Sintar123

I don't believe we topped on this stock yet. The best harmonic that fits it is a bat harmonic which means we could see a retest of ~40 area. The EW structure we are in fits best with a B wave that is forming a triangle. This will be a long grind up imo. And we will have to wait until fall before we can reach that elusive 40 area.

Sintar123

Look for a B wave followed by C wave down.

Sintar123

After careful review, I've come to the realization that my initial count of an impulse may not be correct. The reason is because the supposed 4th wave is much too deep in tradition EW analysis. It retraced 61.8%. What is a possibility is that this is a massive corrective structure. THere a set of zigzags to start, and now we are in b of B that looks to be making a...

Sintar123

We are in the 5th wave and rn we are at a crossroads. We could subdivide the 5th wave, which is most likely or the 5th wave is over (orange). The other options show what will happen if the 5th wave subdivides. The purple path is if we are in wave ii of 5 and the blue path is if we are in wave (ii) of v of 5.

Sintar123

In some of my previous posts I spoke about how August was going to be an important low. Now I'm not so sure. This cycle that uses a larger timeframe shows good troughs at all important lows over the past 2 years, and this cycle is showing an important low around Election time. So, we may get an intermediate low around August but the more important major low I...

Sintar123

Looking for us to get back to preceding wave 4

Sintar123

If you look at the shape of these waves from highs to lows, and lows to highs from Oct 2018 a pattern emerges. It is clear, that these waves follow a 3-wave structure. So if the pattern was to continue , since we completed an impulse up we shot get a corrective wave down, followed by one more impulse likely to new highs before crashing again. Sometimes, the...

Sintar123

Maybe someday I can go into more detail. But to be brief, Interest rates are correlated to Inflation and Quantitative easing is associated with increasing money supply in the banking system. Both, cause the value of gold in dollars to increase. Quantitative easing causes banks to offset their bad non-performing loans to central banks so that the banks can continue...

Sintar123

The 3.618 Fib from Wave 1 since the Great Depression was hit. It is difficult to say if the target was hit in Oct 2018 and we are in a wave 4 correction now, or we still are in wave 3 and may hit it again after another drop. (ie a double top). Regardless, this chart along with my attached idea suggest a significant top in the market has been hit or very close to...

Sintar123

This shows an expanded flat. The drop in March was very fast, and there really wasn't that much divergence, so I think we drop one more time, we may not take out the March low, but we will have a big drop.

Sintar123 Updated 

Even though it doesn't seem like it, we may be in a Cycle Wave IV. There will be alot of volatility this decade. Don't fall in love with one side.

Sintar123

Expecting a low in Late August. Previous cycle lows matched well with 3 previous troughs.

Sintar123

Difficult to say if we are in c of IV or a of IV