yuchaosng

yuchaosng

I am expecting Nikkei to crash next week for a 3rd wave down.

yuchaosng

I just watched "Dumb Money" and I thought to look at Robinhood's chart. What I found tells me that Robinhood will probably not see above $20.55 for a long time to come. Avoid this stock.

yuchaosng

I've drawn the potential Elliott Wave structure here. And now I have a short bias based on that. Now there are 2 possible entry points in NVDA: a potential right shoulder formation that will give us a limit short price, and a break down stop order price.

yuchaosng

This is a long-term short idea. Perhaps the best way to execute this trade is via short call option above $430.

yuchaosng

There are 2 ways that AAPL can move but I have a bias for it to breakdown instead of us. The reason is because the entire market has overran too far and too long in an almost straight line way and it seems like most are on the peak.

yuchaosng

This analysis is based on the expectation that AMZN's last wave is an ending diagonal. This analysis will not invalidated if price moved above 187.24 because currently wave 3 is the shorter than wave 1 and thus wave 5 cannot be longer than wave 3 (see green Fibonacci).

yuchaosng

I've published the short idea for HSI on 18th Mar and this is how it has gone since. I've updated the counts to what I think are the waves that unfolded since. Simply put, the next move is down.

yuchaosng

Silver experienced what I would call a healthy pull back because it hits the upper trendline and came down. My bias is still LONG in the long-term but holds no position until price breaks out or reassess when it hits the lower trendline.

01:20

yuchaosng

The peak for Bitcoin is already made based on: 1. 5 wave structure 2. 2 Fibonacci Extension levels

yuchaosng

Based on convergence of 2 Fibonacci levels and potential ending diagonal setup (for another ending diagonal setup, please see linked analysis). Please take note that this is using Oanda CFD.

yuchaosng

My last analysis for HSI was a bullish call. Since then, the move for Hang Seng up move hasn't been that clean and I thought that it is time for me to publish the bearish alternate count. As should be clear, I have termed the up move as a triangle, and thus expecting a move down at least to the low made on 22nd Jan. Note: I have linked my bullish breakout analysis here.

yuchaosng

I haven't been using EW to do SE analysis for a while now after I have called the peak and continued call for it's drop when it's going down. The truth is, I can't be bother to try to continue doing EW on this after it has fallen so far. If anything, I will look for long opportunities now for SE. Unfortunately, there is no clear sign that this stock will...

01:11

yuchaosng

As I've drawn on this chart, we have seen 2 days of high volume down days and there is a breaking of the trend line on Friday. I expect the coming week to see a wave 3 down move that will minimally see SPY at 498.

yuchaosng

I had done the previous update in a rush (since very close to the EOW session close) and didn't update the count (especially since lines were drawn from higher timeframe). So this is an update to the breakdown of the ending diagonal.

01:07

yuchaosng

Update that I expect SPX, SPY to crash on Monday for more than 100 or even 200 points.

04:58

yuchaosng Updated 

This is an update to my previous analysis where I mentioned that I am expecting an ending diagonal. Based on the low set yesterday, I am expecting 2 different entry points for shorts: 1. If price hits the upper trendline around 6th Mar (Wed) close or 7th Mar (Thurs) opening. 2. If price falls below 5056. I also mentioned the inte-market analysis using the 10...

yuchaosng

I am now expecting that the 10Y yield to crash and thus the trade here will be to long ZN futures. Please note that what this implies is that rates are coming down and there will be a rotation from equities to fix income and that means equity markets WILL CRASH sooner rather than later.

yuchaosng

Using 2 Fibonacci extension levels, I have a convergence. Take note that price do not have to reach there. The current resistance seems good enough to start scaling in your short position.