tradersviewnet

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Markets Allocation
100 % stocks
Top Mentioned Symbols
SPY 60% | 3 SBUX 40% | 2
tradersviewnet tradersviewnet SBUX, M,
SBUX: SBUX - Parabolic Move
16 0 1
SBUX, M
SBUX - Parabolic Move

You can see the move from the low to the high was a parabolic move. Looks like it can crash from here.

tradersviewnet tradersviewnet SBUX, 240,
SBUX: SBUX Trend Reversal
18 0 1
SBUX, 240
SBUX Trend Reversal

* SBUX closed lower 2 consecutive weeks. (see weekly chart 2 red candles) * A close below $60.77 (this weeks low) creates 3 black crows (see the 2 red candles on the weekly. This weeks candle so far is green). A close below the low changes the green candle to a redcandle. * The current price is $10 higher than the weekly R3 (That's is a parabolic move higher) * ...

SPY: SPY Super Cycle Elliott Wave Count
116 0 1
SPY, M
SPY Super Cycle Elliott Wave Count

This is our forecast for the next 5 years.

SPY: SPY Elliott Wave Forecast
53 1 1
SPY, D
SPY Elliott Wave Forecast

* We believe wave 2 of the downtrend is complete. * Wave 1 of wave 3 is about to begin. * Wave 5 of wave 3 should last 18-24 months.

SPY: SPY Elliott Wave Forecast
31 0 1
SPY, D
SPY Elliott Wave Forecast

Wave 2 of the down move looks about complete. Wave 3 of down move should start soon with wave 1 of wave 3 ending around $175.00 Timeframe for wave 5 of wave 3 completion is 18-24 months.

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