From 2182 price moved up to 2638-2641=A, 2641-2431=B and from 2431-2814 =C ? is it doe here or still more to go!!! keeping it simple... C= 2431+459(A@100%)=2890, IF C is to extend higher, C=3017(127%*A) or even upto 3177(162%*A). 2182-3393=2790(50%), 2933(62%), 3137(78%) Next question is C completing or extending... since C started from 2431: 2431-2528=1,...
From 2624-2814 has completed the internal 5 waves... follow previous posts on know what I am referring to. for the ending diagonal to be valid from 2624-2814 and continue higher price support has to hold above 2760-2745, break below here lower support to 2720-2700 or upto 2685-2670. price break below 2700 then ending diagonal will be in jeopardy... 2685-2670 or...
EURUSD FROM 10768 -10925 = 1 and now in the 2nd wave however looks like 10900 is resistance there is a Gartely in progress and upside should be capped at 10905,double top at 10888- 10890 probable too, break out above 10925 will invalidate the gartley setup and upside will be progress . should 10905 hold upside resistance then down side price support=...
SPX HAS TESTED 2773 WHICH IS 62% FROM 3138-2182 AND IT IS ALSO AN 127% EXTENSION OF 2182-2641. 2182-2641=A, 2641-2431=B, 2431-2773=C?, 2431-2534=1, 2534-2455=2, 2455-2753=3, 2753-2624=4, 2624-2773=5? if 2624-2773 is only the 1st of the 5th wave and it is extending then 2720-2700 =support or 2665-2645 these 2 support zones should hold for an extension higher to...
PRICE has exceeded 2650 however currently at 2641 which is acceptable...( I cannot be 100%) break below 2650-2640= 2600 or upto 2570, break below 2570= 2530-2500 support should hold... Break below 2530-2500 expect lower prices back to 2460-2430 or 2420-2400. upside resistance 2700-2715, break out above here then retest of 2753 or higher T2=2840-2890. if support...
PRICE has exceeded 2650 however currently at 2641 which is acceptable...( I cannot be 100%) break below 2650-2640= 2600 or upto 2570, break below 2570= 2530-2500 support should hold... Break below 2530-2500 expect lower prices back to 2460-2430 or 2420-2400. upside resistance 2700-2715, break out above here then retest of 2753 or higher T2=2840-2890.
So far there is 3 waves to the down side and this could have completed the correction however if it is still subdividing then it requires 2 more to complete: 10768= 3 wave(c or y), 10768-10925= xor the start for wave 1 to the upside. Prices could retest 10768 or even get to 10733-10685 for completion. if prices hold between 10845-10820 then 10768 completed the C...
My previous post I had mentioned that exceeding 2640 then price would target T1=2690-2760... it is here now and probable consolidation as it is not done to the upside next price target= T2= 2840-2890 Analysis from 2182: 2182-2641-2431= 2896(100%) not there yet price extension 2182-2641=2766(127%)= 2753 3138-2182= 2770 (62%) retracement,= 2753 3393-2182= 2786(50%)...
WEEKLY PRICE CHART and probable price projections. there are many options of analysis, I have kept it simple as possible... If X=77.00, A=42.40, B=67.00-66.00, C=19.30 THEN D= 64.00-70.00 or upto 84.00-92(D=X*1.13-1.27 OR HIGHER). FROM 19.30 higher to T1= 37.00-42.00(SUP/RES) then lower to 29.00-25.00 (supp/res), higher from here to...
FROM 13500 or 13200 whichever you choose the high to be prices dropped to 11405 then reversed higher to 12485(12500) this is about 50%or 62% from 13500 or 13200... do you see where this is going to? If X= 13500? OR 13200?, A=11405, B=12485(50% or 62%), now in C, C= 12075-11940 reverse from here to continue higher or get to 11820-11660 then reverse higher for the...
EUR had an explosive rally to the upside from 10640 to 11147 which is about 62% then prices started to drop lower currently at 10800... what happen ??? nothing much apart from A gartley in formation where X=11495, A=10640, B=11147, now in C where C= 10733 or upto 10680 then another move higher for the D= 11380-11410 this would complete the gartley, however break...
2180-2638=A/1, 2638--2465-2641-2631= FLAT(A,B,C) for now, therefore if 2431 completed B then C=2431+460(A@100%)=2890. If 2182-2634=A or 2182-2634=4th and 2641-2431=1st of the 5th wave then upside from 2431= 2560-2600 or upto 2620-2630 for the 2nd of the 5th. To eliminate the 5th wave probability then price has to exceed 2620-2641 which is even better then that...
Spx got to 2640 then turned lower to tested 2460 and again back to 2641 then has since turned lower testing 2440 yesterdays low. Overnight prices have tested 2500 and then dropped back to 2460's, this is about 38% retrace of 2180-2640 break below here then expected next support levels 2415-2400 (50%), 2360-2330(62%), drop below 2330 then 2275 and retest of 2180 or...
PREVIOUS HIGH 1913, then price dropped to 1046, my view and analysis... to keep it simple I am using 1,2,3,4,5 labelling however it is not that simple therefore do your analysis 1046-1375=1, 1375-1123=2, 3= 1123+330(100%)=1453, 1543(127%),1656(162%),1783(200%), price got to 1703 then corrected to 1452 and has reversed currently at 1620's, so what does this mean...
FROM 21162-13500= A, then 13500-17200=B, 17200-11905=A of C, 11905-14370=B of C, 14370-11400= A of C and now in B of C From 11400, let me explain see chart for color code: A=21160-13500, B=13500-17200, C= 17200-7660(A)=9540(BLUE) C(BLUE) is subdividing into A,B,C(RED), 17200-11905=A, 11905-14370=B or it is forming a COMPLEX pattern for B wave...
Everyone has their own ideas and counts therefore I cannot say that I am right,I have been wrong many times therefore do your own analysis and use what works for you. EURUSD has been declining from 16000 in 3 WAVES A,B,C from what I see on the charts.As one can see from the charts it has been mostly in A,B,C'S then onces there is an overlap it starts getting...
Price has moved about 400+ pts and now in to consolidation or higher. see previous post where I had expected spx500 to around 2670-2715 price range , it is nearly there, can it get to 2715 and exceed it... I don't know. what I can see from the price & wave formation there could be a consolidation within the 2670-2715 price range as it is also =2640 price zone 38%...
PRICES FROM 1576-667(909pts)=667-3393(2726pts)=909*3=2727pts. price from 3393-2180=1213pts, this has happened in either 1,2,3 or a,b,c however some will say it is 1,2,3,4,5, it will all depend on how one see and counts the price action depending on their choice of analysis. See the chart for my count which has both options for 1,2,3 and now in the 4th wave where...