TERMINAL 5 th wave ''Z'' under progress in S&P500 index.
only one day (11/1/21) left for bulls to make a new high or to surrender the BEARS
4678 OR 4736 is the magic number to reach, failing to catch these numbers BEARS will take incharge
BULLS made more money, and followers will loose all the money if you don't understand whats going on in the market!
Open your eyes , Get confirmations in 3 steps TRADE accordingly,
Elliott WAVE and FIBONACCI , these TWO simple tools are enough to WIN in trading
As BTC's 3rd wave ended this month @67000, Now its time for correction for its 4th wave
this may be sharp and swift (alternative to 2nd wave FLAT correction).
The minimum time for this will be one year from now .
set up your trade accordingly. when trend is bearish, Never attempt to buy for pull backs trades.
Use Elliot wave analysis, Find wave ''C'' and Go...
MY Chart clearly show's that SPX just completed it's 5th wave expansion after major 4th wave which was ended on 2009
As per NEO wave analysis the ''TERMINAL 5 TH WAVE'' in S&P500 INDEX is ended this month after a spectacular Rally for 13 years.
Now the game has to change on the hands of BEARS for at least 5 years.
I invite any querries about my wave counts and...
SLOW and ZIGZAG MOMENTUM in GOLD clearly denotes that underlying correction is going on.
Wait for wave '54' completion this week and take your short position. WAVE '55' has potential up to $1450.
CORRECTION in gold will continue till MAY2022
Wave ''A'' completed as 3 wave as ZIGZAG subsequently, Wave ''B'' completed as FLAT.
Wave''c1'' corrected above 38,2%of Wave'A' (minimum requirement of wave 'c') and wave c2 is yet to finish by 15th OCT
If it halts at either4407 (61.8% of c1) or 4431(100%of c1) as per NEO wave logic we can expect c3 will unfold .
Hence short positions can be taken below 4327
We are at the peak of wave''Z'' having a target of 17998.80(not reached).PL streach the chart for full view.
Weekly NEO WAVE counts will give you good EDGE in wave labelling,which in turn make your trading business healthy.
Watch out for 5th wave failure @17906 (38.2% of wave 1) today ,if it fails 100% chances of directional change.
BREAK DOWN LEVEL 17554 TARGET 15834
S&P 500 INDEX correction boosts the sentiment of BTC to unfold its fifth wave expansion.
watch the bullish 5 th wave having targets of 52555 and 60575.Before 25thOCT'21
IF IT BREACHES 64895 ,WE HAVE MULTI YEAR 5 TH WAVE EXTENSION
NIFTY correction is not simillar to S&P500 correction pattern.(ZIGZAG)
Here wave''B'' extended beyond start of wave''A'' which can turn into IRREGULAR or EXPANDED FLAT correction.
This is confirmed on friday's price action( Y>1.618 *W).
Expect a flat ''X'' wave for three days upto 17628 and take a short position on 6th OCT 21, to profit on short side when...
SGX NIFTY which is traded based on our indian NIFTY, will give you an ADVANCED movements before our market opens.
This will give traders an edge to take or quit positions ,sometimes loss of sleep also!
Elliot waves should be drawn as per cash markets(as per Glen neely) But there is nothing wrong since this future is the mainly traded by matured participants unlike...
The most anticipated correction began on 7th sep2021
initial wave to unfold is zigzag in nature for quick profiting by BEARS
2 days recovery can give you a long opertunity ,but bears will hold the grip
This will go till this month end upto or exceeding the level of c54(4232
The ongoing recovery wave(Not impulse wave)Labled as W,X,Y,X,Z
The interesting part is, wave 'Z' should be less than wave'W' for the end of Recovery(4/B)as triple ZIGZAG
But wave'Z' is more than1.382 times of wave'W' but less than 1.618*W.
This situation has two chances
i) Either WAVE 'Z' completed(since C<1.618*A) OR
ii) formation of expanding triangle in...
A simple Elliott wave corrective structure(A,B,C) having a target of A=C= 4613 is about to achieve this week.
Several times I expected (without confirmation) s&p500 to fall in AUGUST
BULL waves will end after forming an ending Diagonal which is nearing to complete.
My previous counts(bearish) are criticised ,BUT NO ONE expected this recovery wave had such an...
Using my vast experience in Elliot wave labelling, I charted a super cycle count for NIFTY INDEX.
NIFTY Completed its 5 legged 3rd wave and extended its ''B'' Wave recovery(Running flat correction)to16700
A five legged wave 'C' of WAVE ''4'' will bring the index to minimum 38.2% to 11300 before April 22 and oscillate up and down till July24
We have more time to...