Genting Malaysia has gone many years of "honey moon" time for "more bedding time" BEFORE...A "Huge/Giant" ""Tringale" " abcde (green)"running" for "many years" = To Test Our "waiting skills" waiting for 5-10 years.. "Buy and Hold" "Patience" on "BLUE cheap" stock.
P/s Unlike "conventional / textbook" written rule. There is ONLY abc subwave in any Impulsive 1,3,5 waves. NOT 1,2,3,4,5 waves...
Gold's 1888+/- is confluence zone of 1)Daily 233 EMA (white) 2) Valley of Volume Profile 3) Overlapped of support/resistance. P/s Gold's short term cycle due on mid of next week (Wed/Thurs)..
Gold is forming an expanding flat ABC (yellow) pattern in wave (2)(cyan) where its terminal will be @ 2020 +/- , a major supply zone.
SPCE. Time for travelling SPACE "commercially"? for "ordinarily people"? "Would you spend $450K travelling to the outer sky/ space with Richard Branson?...
Gold Is still building its “big base” where it will take few years before >3000. And 1795 -/+ is the “centre” of its “base”. So..so gold price probably will be “mingling around” 1795 +/- for 1-/+ year.
Gold's "triangle" pattern probably take another month ..until early July to be completed. possible a small triangle (abcde cycan) within a big triangle pattern (abcde green circle) now.
Gold's forming Daily Doji Candle /Pin Bar. Price Moving toward wave c ( Green Circled ) of triangle. where it's an expanding flat (a)(b)(c) (Red)
Gold still "lose in direction" AS ..It's "still" " unknown" that whether FED will "continue" "rate hike"!!
SCIB have "rebound" for more than 200 % at around RM0.10 as last previous 2 ideas.
The Ying and Yang = everything “up” will be “down” eventually. Many economists said no any country could “replace” US’s bonds BUT chart pattern/ cycle = the law of universe told us different “scripts/ stories “..And US is trying hard to “write/ amend “ his own “script”...
The "Good Things" about Elliott Wave Analysis is we always have different point of view even with our own "counts/bias". E.g I "see" it as 1,2,3,4,5 waves , you "see" as w,x,y,xx,z waves! There will be always a "imbalance /Bias" then ONLY that Market will "move"!
Crude Palm Oil Future price still "running" its price toward 2270 +/-. After 1 ++ year (7/March/2022)..
Both “oils” Brent and palm take caution! Beware of the palm tree can’t “grow much” as it’s almost hitting “ceiling height”! “Possible a “bull trap”!
Checking from current price structure. Gold most likely will "kept" within 1990 - 1930 range before FED rate decision on 14/15/June
Bitcoin price at 18000 +/- would be the last "piling" for completing a strong "Base" before "rising" up to next level.
KLCI index is trending down to medium term cycle 2 (purple) and mid medium cycle 4 (white) which is due around Sept.
SP500. we either @ wave X (yellow) of double three OR wave D of triangle (yellow)(not shown on chart). Probably a 7% +/- drop toward 3945 +/-