MAY 18 > BLACK MONDAY < NASDAQ CRASH > ELLIOT WAVE WXYAs the title suggests. I believe we will see a stock market crash on Monday, May 18. (Or Tuesday/Wednesday if WXY morphs into WXYZ)
I called for the drop today, after completion of a perfect ABC flat. This however morphed into another WXY when another upside down ABC flat formed. We are now completing the 5 wave up into Monday's open.
3 (flat ABC) - 3 (flat ABC) - 5 wave impulse up. Completing a WXY complex flat
Also holding precarious levels within long term ascending channel. And exit.
Now BOOM. The drop.
If anyone has any questions regarding elliot wave. Feel free to ask. The pdf is free and can be found here:
0104.nccdn.net
5-wxy
NASDAQ<SHORT--EXITandTESTandREJECT OF ASCENDING CHANNEL, WXY EWAs title kinda suggests, and continuation from (SEE PREVIOUS) posts ...
NASDAQ is heading for new lows in a series of WXY complex zig zags.
Feel free to ask any questions regarding Elliot waves. The PDF is free and can be found online here : 0104.nccdn.net
Realty Income Corp (O - US) - WXY wave pattern Realty Income Corp (O - US) is in WXY complex correction wave pattern from major top as shown in chart. X wave was triangle, which broken with huge volume. Wave C of Y down now started, but wait till impulse 1st wave to complete as token of confirmation.
Berkeley Group Holdings PLC (BKG - LSE) - WXY wave patternBerkeley Group Holdings PLC (BKG - LSE) is in WXY complex correction pattern. W is elongated zigzag followed by X wave as double three correction, which is over. Y wave down is in progress which dropped with large volume. Wave B is about to over.
Sonic Healthcare Ltd (SHL - Sydney) - WXY wave patternSonic Healthcare Ltd (SHL - Sydney) is moving down in WXY complex pattern, where W and X wave was completed. Wave Y down started with relative high volume as wave 1 of wave A. Price moving in bearish outlook with invalidation points of X wave extreme.
US Dollar (DXY) - WXY wave patternUS Dollar (DXY) is in complex corrective pattern WXY as shown in chart. Price is going down in Y wave, which again made up of wxy internal wave counts. The direction is shown as downward direction in y internal wave. Let’s watch it closely that how price will unfold.
BITCOIN LONG Elliot Grand SuperCycle Wave 3 Underway.As the title suggests, we have now begun wave 1 of wave 3 of the Grand Super Cycle time frame since the inception of Bitcoin.
The drop from 20k to 3 k was a 3 wave WXY complex zig -zag correction.
We have now seen wave 1 and wave 2 of wave 3 of the grand super cycle time frame complete.
Wave 1 was the impulsive 5 wave move from 3k to 14k.
The 5 wave nature of that move invalidates other less knowledgeable elliot wave analysts claiming another drop in some kind of zig zag.
That is impossible when you consider the structure of these waves.
(IE, the drop from 20k to 3 k was a 3 wave move as seen here, not a 5, therefore, not a zig-zag.)
Intercontinental Hotels Group (IHG - LSE) - WXY wave patternIntercontinental Hotels Group (IHG - LSE) is in WXY complex correction pattern from last bottom upside. Wave W is over having internal B wave as triangle, which resulted in quick reversal after it ended. X wave will made of ABC. B will end soon and starts C down for X wave.
AUDUSD updateOn H4 frame the pair did not get to the target where wave Y equals wave W, that's the risk of current analysis.
This assumption is about that wxy is ok and price whether reverse into a larger move down or at least delivers wave C in a local correction.
Both scenarios imply a nice intraday move down
Massive Y wave setting up!! WXY correction Hitting the 12 k would complete the 3 waves of the X wave which could lead Bitcoin to a massive brutal crash for wave Y all the way down to 2k levels.
The final wave of a WXY correction is often the fastest so it could easily be the next way bitcoin does the unexpected...
APHA SHORT>5-3-5 Grandsupercycle Complex Elliot Wave WXY Zig-ZagAs the title suggests. After a plethora of analysis. I believe we are just about to begin the final 5th wave down to complete a WXY complex zig-zag on the grandsupercycle timeframe.
This theory corroborates my other NASDAQ predictions previously posted.
This theory, that we will see multiple legs down and extreme volatility in the coming weeks.
To complete the analysis, there is an incoming dump which will take weedstocks to new lows, APHA included.
Then there will be a rebound of the stock markets over all, and then another leg down.
However, on this next next leg down, APHA will not make a lower low. It will set first higher low.
TLDR: APHA to possibly 0.80 cents USD
ALTERNATE COUNT:
That wave 5 is already complete and there is no final leg down.