“…if the November 21 low at 23854 holds, based on current data, the Bull market will likely continue, ideally well into April next year, before a 2022-like Bear market begins. Below that level, it ...
The anticipated continued bull run, well into April, is still unfolding as expected, with a 3rd of a 3rd wave now underway, ideally to around 26825.
Elliott Wave count shows a completed 5-wave impulsive structure followed by an ABC correction. Price is consolidating near the 0.382 Fibonacci retracement, indicating indecision. Symmetrical triangle ...
This one was going to be that the wave 3 can never be the shortest wave.  Hence, today, the pattern drawn out on Monday has been voided with today's close longer than the wave 3.  It will take some ...
Fast forward to today. The index peaked at 25827 for the orange Wave-3, dropped to 25504 for the orange W-4, and peaked at 25835 for the orange W-5. So far, so good; all waves were essentially on ...
Short-term Elliott Wave count for the NDX. We expect the orange W-3 to peak at the 161.80% extension (~26635), followed by the orange W-4 reaching 25300 ± 100, and a final W-5 to complete the gray ...
Short-term Elliott Wave count for the SPX since October. In a textbook five-wave impulse move, the third wave commonly reaches the 161.8% extension, the fourth wave hits the 100.0%, and the fifth wave ...
So my latter scenario played out (mentioned in 11th August post) Time to short GBPUSD @ 1.30042 IMO Cut loss at 1.3043 So, if you read my previous post, I mentioned that there is a chance that GBPUSD ...
From my experience, the up and down patterns formed by the price movements of the market, called Elliott Waves, are unpredictable in themselves. In practice there are simply too many possible ...
Advanced Micro Devices AMD, the multinational semiconductor company, is following the overall structure of other world indices. The stock is trading within a corrective sequence within the Grand ...
In our update from late November, we showed based on the Elliott Wave (EW) Principle, why we were still Bullish on Bitcoin in that “an ongoing corrective 4th wave targeting $86-101K from which a rally ...