I find that UK listed investment trusts often show quite clear EW patterns and maybe, just maybe, this is one of them. I saw a presentation that suggested that the bull market in Emerging markets is just getting under way but this count suggests a totally opposite view to that. However, the long term trend is definitely up and calling tops usually ends in tears so...
A couple of different interpretations for TWTR going forward. The blue count suggests a flat correction with the developing C wave expected to continue much, much lower. The red count however is somewhat more positive suggesting that wave 1 of an expanding diagonal completed February this year and we are now within a wave 2 correction.
Is this a little too optimistic? This count suggests that this stock is shaping up for a good run as a 5th wave, perhaps after a wave 2 correction within it.
Here's an Elliott Wave count that suggests we could be at the beginning of a 5th wave?
Personally, I'm leaning towards the bullish, blue count but I can't ignore the bearish, red count either.
Most of my counts for Bitcoin are bullish and posit that we have just finished a wave 4 correction and are embarking on wave 5. However, I also believe that other possibilities should also be considered so here's a bearish count (purple) that suggests we may be witnessing a zig zag correction and might be about to embark on a C wave down (the red and the blue...
A couple of counts for this major UK bank. Both bullish although one of them calls for a larger correction first.....
In my opinion, this stock is at an interesting juncture. Is about to begin a C wave decline to complete a flat correction or was the bottom in March 2020 already the completion of a wave 4? I'm leaning towards a decent correction as it is difficult (for me anyway) to count the upward move from 2020 in 5 waves. As always, time will tell but it might provide a...
As ever with EW and the markets the possibilities are almost endless. 2 counts here one bullish, one bearish. Personally I like the bullish count but would need to see the 145 level broken to confirm it......
Is this a possible route going forward.....and if it is does that mean one more burst of risk-on for equities and crypto......?
Just looking at the almost endless possibilities for Bitcoin going forward. Here's one of them.....
Just glanced at this chart this morning and saw these two divergent possibilities. Does this market still have legs or is the party over?
Not finding it easy to make head or tail of these equity markets except they keep going up. Is this VIX chart offering us some further clues that there may still be gas in the tank?
Is this a possible route for Ethereum? Nice 5 wave patterns and fibs so far with a possible 4th wave correction ongoing now......
2 bullish counts for Bitcoin, although with an expected decent correction not too far away.....
A couple of bullish (eventually) counts for this US stock. Both counts suggest the same outcome though and present a bullish outlook for this stock.