Will_Wong

Will_Wong Updated 

assault at $1,000. Wave iii of 5 target is $1122

Will_Wong

the Dec 2018 low to the A of IV instead of IV. The ATH is then the B of IV. So the current wave down is the C of Iv and a retracement of 38.2 is to be expected, with a new target of 2000. Although the SPX/ES has not broken the Dec 2018 low, it makes sense to have all the major indices track the same count. Afterall, the ES/SPX current wave down has already...

Will_Wong

With zero interest rates and unlimited QE, silver and gold should take off from here.

Will_Wong

the selloff too. It retraced a healthy 61.8% and looks poised to rebound.

Will_Wong

This should be ready to take off after completing fib 38.2.

Will_Wong

its wave 4 correction, BOMN should be ready to take off, having completed its wave 2 correction with a retracement of 76.4

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past few months. Now is the time to go long on this sweet 3 of 3 of 3.

Will_Wong Updated 

a very deep wave 2 retracement. Appears that it has also printed another 1-2 and should be on the crest of a 3 of 3 movement.

Will_Wong Updated 

of the entire move from the Dec 2018 low to the recent ATH.

Will_Wong Updated 

bounce. The depth of the wave 3 drop was such that a fib 38.2 bounce should take it from $7 to $39. The 50 bps cut in the interest rate should help all commodities as a lower interest rate negatively impact the USD against which all commodities, including oil are priced in.

Will_Wong Updated 

and encompassed a stop trigger in the futures market and another on the Cash session today. The sub 3 of 3 of C had an extension of 2.6a8. Final target of this correction could be A=C of Fib 76.4, unless the CV becomes an even greater threat.

Will_Wong Updated 

corrections. On March 5&6, we went through 4 different wave counts based on price action. A typical complaint about EW is that it allows one to change the count throughout the process. Interestingly, that complaint centers on one of the key strength of EW, which is its ability to pinpoint mistakes along the way and change course with the ultimate goal to maximize...

Will_Wong Updated 

would be 3.0 extension of wave 1 @ $55. Typical wave 2 retracment is two fib levels which indicates that the sub (ii) of 3 is likely done.

Will_Wong

Bollinger bands are coiling and suggest imminent movement. Price has moved closer to the pivot. Stocks that have just completed wave 2 have the highest potential to rise. Wave 3 is next and usually the longest.

Will_Wong

See BTCUSD charts as well.

Will_Wong

Wave A down is likely completed with a B wave rally starting next week and then a final C wave down to $35.

Will_Wong Updated 

bullish on China

Will_Wong

People thought I was crazy to post this chart. Well, Target was met today. The breakout gap was completely filled. Unfortunately, those who disbelieved that DIS would fall so far will be the same who disbelieve that DIS will not fall further. I am going long DIS.