Cycles
Correction in Copper Almost Over! - Elliott wave analysisHello traders!
Copper is slow and overlapping from the high so we see market in a corrective set-back. Ideally that is a wave four which may try to find support now at the rising trendline. As such, be aware of a new continuation higher, especially when/if upper line of a corrective channel support is taken out.
Trade well!
Bullish scenario forecast for Boeing Airlines (BA) for AugustNYSE:BA Triple green candles on daily chart potentially indicating reversal upward after finding support near 150$ support area . Looking for a potential swing trade bounce up to fill the gap near 245-250$ zone on daily timeframe .
Utilizing 240-260$ Strike BA call options for 8/21, 8/28, or 9/4 exp might be a more aggressive path to trade this setup. if no new lows then 260 should be printed very soon, in our view. Our cycles analysis indicates a new buy cycle has begun. SL at 150, TP1 at 272
Tempo-X: 8/3 Weekly Financial Forecast (Last Week Review)Financial market has its own law, this law is not to the will of the people to transfer!
Everything is controlled by the laws of nature. Even the capricious financial market only changes within a limited scope. If you can realize the insignificance of human beings in front of nature, you can feel the magic of nature!
Forget all the trading techniques for a moment, and make our trading a little easier. In fact, you only need to memorize a few Numbers every day to happily follow the market
What is Tempo-X?
It tells you where the market is going right now
It can tell you how long the current trend will continue
Does it tell you when is the best entry point
It tells you what's the best time to get out
It tells you how the market will go up and down over time
It can be used for most mainstream trades
This is Tempo-X !
Instructions for use:
1. The yellow line is based on the forecast turning time, according to the actual direction of the market, the forecast turning time points linked together the trend
2. The transition time must be converted according to the time zone of the trading software. The time used in the figure above is UTC time zone
3. The Numbers in the chart (blue bars) are the predicted turning points of the week
4. Most transitions occur within plus or minus 2 hours of the predicted time
5. If the force of the current trend is strong, the transition may be delayed; if the force of the opposite direction is strong, the transition may occur earlier
6. The normal rhythm of the market is the alternations of highs and lows at turning points. However, sometimes the rhythm of the market will break, with highs turning into lows and lows turning into highs, which means that the rhythm of the market has reversed, and after the reversal, the rhythm will continue to run according to the alternations until the next reversal
7. The above is only the basic usage, if we master more skills, we will be able to obtain more valuable information in advance, perhaps we can explain it further in the future
How to verify?
Once you've mastered the basics, it's easy to feed you the future tempo-x (the vertical bar in the picture) in advance, and you can dance to the rhythm of the market
What is the effect of tempo-x?
1. Be able to grasp the operation rhythm of the market, which is of great significance to judge the time of turning and the duration of trend
2. Build a new standard with time as the core and develop a new trading strategy with various technologies and indicators
Review the one-week Financial Forecast made on 7/27:
As usual, most of the stocks we track move in Tempo to tempo-x, and the only one worth mentioning is the DOLLAR index, which fell in the 7/30 session across three time ranges, due to super-strong bear forces, which are relatively rare and generally more across two.
Below selected a few representative varieties to show the trend of last week, detailed information can refer to our previous article, thank you
If you have any questions, please leave a message, like friends thumb up and attention, thank you
We are interdisciplinary research financial market explorers, welcome to enter a new world!
BTC - Still on track, lambos etc.Overlay of the last top/bear/bull cycle
The levels have been the same, and respected, and we're pretty much at the same price at the same time as last cycle. Wick not included on the line chart showing the bottom in 2015 at ~83% level
As a rough guesstimate, 20k by end of year, 250k by end of 2021. Lambos, fridges full of smol tings and girlfriends with girlfriends.
Tempo-X : Appreciate the balance between time and price "Scientific speculation must follow the laws of nature!"----Gann
What is science?
Generally speaking, it is based on, has the standard, has the data support, can give the clear forecast analysis in advance.
The establishment of a standard is at least the basis, otherwise it is no different from gambling.
The week's predictions for financial markets were published in "Witness the Magic of The Time Cycle" on July 27, and now select a few mainstream varieties for a review. See Article 7.27 for basic usage
As shown in figure:
Gold -- going from 1 to 2 basically follows the beat, turning points are within the margin of error and standard, no reversal
Dollars -- a downturn in the 1 and 2, the other turning point also duly appeared in scope, look for the inversion of 2, after the sun thread a reversal down, this is more common inversion performance (in the transition period 1-2 relatively powerful turning K line, then turn around to continue the original trend) this is a manifestation of the short power strong
Wall street-- in the reversal of the inversion are common forms of 1 (shift takes place in the middle of the two expected time) this is better, the reversal of the 2 is similar to the above said $- just do not have as strong strength, but also clearly see have long today, that long tried to, but the strength was more limited
WTI -- at 1, a V-shaped reversal, two k-lines ahead of the curve, continues to move into the next k-line, and with tempo-x, we know in advance what the market is targeting. The number 2 position is a rebound, but because the bears are too strong, so evolved into a volatile downward trend, but it is still clear that the bulls launched a number of attacks during this period.
That's the balance of time and price
This is the Tempo - X
(if you have any questions, please leave a comment below, friends who like to remember thumb up attention, thank you)