DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, 12 RETECH CORPORATION, GENERAL ELECTRIC COMPANY COMMON STOCK, INVESCO QQQ TRUST, SERIES 1, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Reckon there may still be some upside for this stock despite the doom and gloom. Seems to be tracing out a 5 wave pattern to the upside although it may be in the later stages.
As opposed to count 1 this count suggests that we may only be seeing a wave (iv) correction here and can expect another run up into wave (v). Again,, plenty of fib retracements and extensions aligning.
This count suggests a much bigger correction and even a change of trend. Lots of fib retracements and extensions aligning.
A pretty fanciful count for the Dollar index as the projected C wave is so much longer than the A wave. But I've seen them before and I liked how the Fib numbers seemed to align with one another. The other projected stopping point would be the R1 yearly pivot which is also the 78.6 fib retracement of the move down. Of course, on the flip side what we could be ...
Not putting that much faith in this count as it's difficult to ignore all the doom and gloom surrounding emerging markets at the moment (or is that bullish?) but with the yearly pivot in play and a bounce dead on the 70.7 fib retracement you never know.....
Of course a top could have been reached already but I reckon Apple may have one more decent leg up before any serious correction.
Not sure if the correction is already over or if there might be a few more legs to go but I still think that this trust has more room to run on the upside.
I have no idea how long or deep this correction will go (although the shallow correction in wave 1 might suggest a deeper correction here in wave 4) but I'm still bullish eventually. The hard part is working out when the correction ends. On a shorter term note reckon that might be the end of the A wave.
This is a bullish count for the Dollar that follows on from a previous post on the Dollar index from a few days days ago when I called for a reversal/correction. Imo that correction may now have finished. If that is the case the I expect the Dollar to resume it's climb upwards for some time yet.
If anyone can tell me which way this one is going to pan out I would be very grateful as these two counts are both totally opposed to one another. With Brexit swinging from positive to negative in the blink of an eye it's very difficult for me to make a call wither way. So many perfect Fibonacci hits as well for both arguments to confuse me even more. Personally, ...
A pretty ominous chart and blue count here suggesting that UK mid caps could be in for a rough ride for some time to come. We do have an ETF in the UK to short them ,1MCS. I have also included a red count that gives the possibility that this is a complex 4th wave correction and the is a final 5th wave to come. This count would have to kick in pretty quick to be ...
This count would suggest that while we can expect a decent correction in the short to medium term the trend upwards for world equities is still intact.
Since the demise of XIV I have followed this volatility etn more as an indicator than anything else. Sure enough it stopped dead on the 61.8 retracement of it's January decline in late September and has since declined sharply as volatility soared these last few days. To me it could now be shaping up as a near perfect zig zag correction. IF I am correct then I ...
Just glancing at Ozzie bank charts this morning having read about ANZ bank having problems. Haven't given them that much of look but reckon they all look a bit bearish for some time yet.
I found this chart kind of fascinating as to how many times it has respected Elliott wave theory. Doesn't mean it's going to do what this bullish count says but interesting to me all the same. Tiny bit of divergence on the RSI too. If you take a look at the longer term chart you can see that since almost going bust in 2009 the share has been in a massive basing ...
A couple of bullish counts here although one of them thinks that it may sink a bit lower yet before turning up again.
This count suggests that the US Dollar has either completed 5 waves up or will do soon on the hourly chart.
It's all so clear leading up to the January 2018 high but that correction (as ever with EWT) doesn't half spread some confusion (for me anyway). Did the correction finish at the 38.2 fib in February or did it finish in March with a truncated 5th for a C wave in a zigzag. Or has the B wave of a protracted wave 4 just completed these last few weeks? I have no idea ...