Put/Call Ratio's 9-Day EMA Still in No Man's Land
The most important chart in the world right now: VIX futures. That golden line at 31.3 must hold to maintain the bearish scenario alive. Notice what is doing the MACD histogram on the daily TF.
Win win situation. Ride the C or the 3.
Is the DAX Index in the Most Bearish Configuration Ever?
S&P 500 CFD (4H) / Bearish (Primary) & Bullish
Silver looks bearish but it will follow gold. In the bullish count, we don't have the 1-4 overlap to define the upward sub structure as a leading diagonal. Very tricky. Algos are pushing prices higher.
Very tricky situation in gold prices. We could also be in a triangle 4 before an extended 5.
Oil prices reintegrated their log channel. Bottom in? Or just an intermediate one?
Nasdaq 100 Index (2H) / Bullish & Bearish Elliott Wave Counts
S&P 500 Index (1H) / Primary EW Count (Green or Orange)
Win-win setup: ride wave or wave C. Green box: 2876-2972.
One final high in BTC to double top where algos will defend? 🤖 Notice the reaction at the 0.5 here 🧐
We lost the channel. Bearish.
We should be very close to a bottom. That wouldn't be surprising at such abyssal levels (!). The bearish scenario in SPX could send us to this green box. Algos currently blocking the way up.
Nasdaq Index (1H) / Bullish & Bearish
Nasdaq 100 Futures (4H) / Bullish & Bearish Counts
Geometry suggesting we are going down.
Beware of the triple ZZ that we propose for the S&P 500 CFD (one of our favorites).