Trump’s Triumph or Tragedy?The S&P 500 recently faced a sharp decline, with many rushing to blame renewed trade war tensions under President Trump's second term. But is this downturn truly a political reaction — or was it already baked into the market’s DNA?
A deeper dive using Elliott Wave Theory suggests something far more structural: the recent fall is part of a broader wave pattern, and the real crash hasn’t even begun.
A Look Back: How the Market Reacted to Tariffs in Trump's First Term
During Trump’s first presidency:
First Tariff Hike caused an 11.77% drop
Second Tariff Hike led to an 8.35% decline
China’s reaction triggered a 20% fall
Despite this turbulence, the market rebounded sharply, climbing 44% post-trade war — forming a textbook Wave 5 extension.
This historical context is crucial: event-based declines often align with technical wave structures, not random panic.
Why the Market Fell Now (and Not Earlier)
Trump’s second term victory wasn’t unexpected. Neither was his return to tariff-heavy policies.
So why didn’t the market react earlier?
📉 Because this isn’t about Tariffs . It’s about Wave 4.
The current market downturn coincides with the natural Wave 4 correction of a multi-decade Elliott Wave cycle. This phase is often sharp and emotional — yet incomplete. The final Wave 5 rally is still ahead, possibly pushing the index to new highs above 7,000.
The Calm Before the Storm: What Comes After Wave 5
Following the euphoric rally of Wave 5, the market is expected to face a massive correction — Wave II — projected to be as severe as the 2008-09 financial crisis, if not worse.
Potential triggers:
Overleveraged markets
Global debt bubbles
Geopolitical instability
Inflation shockwaves
AI and tech overvaluation
Conclusion: Trump’s Triumph or Tragedy?
This wave analysis raises the question: will Trump’s second term be remembered for a market rally or a devastating crash?
The answer may be both.
✅ Short-term triumph via Wave 5
⚠️ Long-term tragedy via Wave II
The smart investor will ride the wave — but also prepare for the fall.
Key Takeaways:
Current decline = Wave 4, not the final crash
Wave 5 (upside) may still take S&P to new highs
Post-Wave 5 = Major correction, possibly like 2008
Trump’s tariffs are catalysts, but not the root cause
Technical patterns > political events in long-term moves
Wave Analysis
EUR/JPY – Bearish Setup with Elliott Wave AnalysisThis EUR/JPY daily chart shows an Elliott Wave analysis, suggesting a possible bearish continuation. The current wave structure indicates the pair is moving through the final phase of a five-wave impulsive sequence.
The market has completed three waves of a larger impulsive cycle, with Wave (4)
The price movement between Wave (2) and Wave (4) shows a pause or slowdown after going up. This means the buyers are losing strength, and the price may soon start to fall
If the price gets rejected near 162.900 , it could confirm further downside.
If it breaks below the 159.674 level, it may speed up the decline, with a possible target around 155.526 level.
S&P 500 to tank to 5,100 pointsPEPPERSTONE:US500
The S&P 500 broke below critical support after Trump announce massive tariffs on everyone, worst than expected. Volume is increasing to the downside, and it looks like the next wave down has already started.
Wave C is supposed to be equal or larger than wave A, and reach the next critical support, which will lead us to 5,100 points in the next couple of weeks.
I heard that net tariffs on China are 54%, does than means that iPhones are going to rise in price 54%?
Maybe it will be reconsidered later, and the market will bounce in the future, but not likely in the short term.
Good luck to you
XAUUSD Hitting 44 year ResistanceGold is currently hitting a key resistance area that goes back to 1980 (44 year) trendline.
Some time may be required to correct and absorb this recent bull move. However, I would not be selling out of it completely if that's what one wishes to do with this information.
I prefer people read this chart as a good way to set their expectations in case Gold stalls for a while to prevent them from panicking out of this position.
Longer term I remain bullish on gold. Especially with Trump the 6-time bankrupt "businessman" being the 47th
SPY - support & resistant areas for today April 4 2025The key support and resistance levels for SPY today are above.
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Understanding key levels in trading can provide valuable insights into potential market movements. These levels often indicate where prices might reverse or consolidate, serving as important signals for traders considering long (buy) or short (sell) positions.
Calculated using complex mathematical models, these levels are tailored for today's trading session and may evolve as market conditions change.
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Need any other charts daily, Or how to trade this? Comment on this.
New Upswing in EURUSDYesterday, EURUSD broke above the previous high and reached 1,1146.
To identify potential targets in a continuing trend, we use Fibonacci extensions.
EURUSD hit the first target (61.8%) yesterday and bounced off from there.
The next resistance levels are around the previous highs at 1,1178. If that level breaks, the next target would be 1,1328.
At the current levels, it's important not to take excessive risk - consider reducing position size and only entering trades with a solid setup!
#ONDO/USDT#ONDO
The price is moving within a descending channel on the 1-hour frame and is expected to continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 0.7600.
Entry price: 0.8200
First target: 0.8200
Second target: 0.8446
Third target: 0.8800
POL PROBABLY IN WAVE 'C' OR 'A' This is an update on our POL wave count shared earlier, we have modified the wave count looking at the formations.
If the wave count is correct then we are in an ending diagonal which is either complete or in the last leg of completion, we will buy once price breaks above 575.
Alternate count is that of 5th wave will get extended downwards, however that probability is low that is why we have removed our short sell trading setup.
Although possibility of the downside is still there, the formation of double top chart pattern and our weekly crude oil wave count does support downside long term.
There's a correlation between international crude oil prices and Oil & Gas exploration sectors, however currently the markets have not been correlating much but on the long run prices will tend to correlate.
Let see how this plays, Good Luck !
Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
GBPUSD DAILY TIMEFRAME UPDATESHello folks, this is my daily timeframe analysis on GU, this idea base on the retracements, the zone above would be our stop loss.
The target are indicated xxx below.
Entry at daily see chart above.
this is only my view on daily timeframe.
Good luck. stop loss above the zone. pewwpeww
SOLUSDT | Elliott Wave Projection – Next big Move Incoming 50%+BINANCE:SOLUSDT
The chart is probably currently developing a five-wave impulsive structure (1)-(2)-(3)-(4)-(5), suggesting a potential bullish movement towards the 174-175 USD resistance zone before a larger correction unfolds.
📈 Bullish Setup:
- A corrective A-B-C structure seems complete, with a potential impulsive wave (1)-(5) forming.
- Price is reacting at a strong demand zone, initiating Wave (1) upwards.
- Possible target for Wave (5) lies near **174-175 USD**.
📉 Bearish Continuation Afterwards
- After reaching the projected high, expect a sharp rejection and reversal.
- The final bearish target lies within the "End of Bear" zone (~108-109 USD).
---
### 🔹 Key Levels to Watch:
✅ First Bullish Target: ~174-175 USD
⚠️ Critical Support Zone: 108-109 USD
---
### 📌 **Trading Plan:**
1️⃣ Long Opportunity: If price respects the current support, target Wave (3)-(5) completion near 174 USD.
2️⃣ Short Confirmation: If price rejects at resistance, a larger bearish wave is expected.
3️⃣ Final Bear Target: 108-109 USD zone for possible long-term support.
🚨 Risk Management:
- Stop-loss below 111 USD for longs.
- Wait for confirmation before shorting after rejection.
💬 What do you think? Will SOL hit 175 USD before the final drop? Comment below!
TSLA - BUY NOW - $240 I have been waiting for the low in Tesla . TSLA. Today is good enough at $240. Had to keep lowering the entry . Todays Legacy Media bad news bears were my trigger. You can always count of Corruption to help refine your technical signals. Murrey Math, Elliotwave, Kumar wave being used. Sell $340 for now. May $340 calls are a good way to play. Entertainment purposes only. Just having fun. Comments always welcome.
SPX scenarios in weekly chartHello
These 2 scenarios for S&P is more probable ones and as you elliotticians know there is a doubt in wave (4). In scenario 1 wave (4) is acceptable due to Alternation and in scenario 2 it made a Running Flat. In both scenarios there is one strategy for today market which is another correction starting from here.
In smaller time frames you need to find a bearish impulse wave to get in this correction.
NAS100/US100/NQ/NASDAQ Long-Bet Me, Others Sell=I BuyNAS100, US100, NQ, NASDAQ Long for 2 Weeks, it could drop a little forsure because I didn't get bullish confirmation but with my back testing of this strategy, it hits multiple possible take profits atleast TP-1, manage your position accordingly.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
#ETH #ETHUSDT #ETHEREUM #LONG #SWING #Analysis #Setup #Eddy#ETH #ETHUSDT #ETHEREUM #LONG #SWING #Analysis #Setup #Eddy
ETHUSDT.P Swing Long Analysis & Setup
Important area of the upper time frame for swing are identified and named.
This setup is based on a combination of different styles, including the volume style with the ict style.
Based on your strategy and style, get the necessary confirmations for this Swing Setup to enter the trade.
Don't forget risk and capital management.
The entry point, take profit point, and stop loss point are indicated on the chart along with their amounts.
The responsibility for the transaction is yours and I have no responsibility for not observing your risk and capital management.
🗒 Note: The price can go much higher than the second target, and there is a possibility of a 500% pump on this currency. By observing risk and capital management, obtaining the necessary approvals, and saving profits in the targets, you can keep it for the pump.
⚠️ Warning : The stop loss is dramatic and large. Place the stop loss based on your strategy and after getting entry and confirmation on the entry point behind the last shadow that will be created. (( This is just my opinion and is not meant to be 100% correct, so be careful with your capital. ))
Spot Investing : ((long 'buy' position)) :
🟢 Entry 1 : 1800
🟢 Entry 2 : 1500
First entry point calculations :
⚪️ SL : 1370 ((23.89%))
⚫️ TP1 : 4500 ((150%))
⚫️ TP2 : 5000 ((177.78%))
⚫️ TP3 : 8000 ((344.44%))
⚫️ TP4 : 10000 ((455.56%))
‼️ Futures Trading Suggested Leverages : 3-5-7
The World Let it be Remembered...
Dr. #Eddy Sunshine
4/4/2025
Be successful and profitable.
Do you remember my first Ethereum swing long signal?
My first swing long signal was provided on Ethereum, which was spot pumped by more than 100% and was profitable :
TESLA - THE CLIMB BACK TO $341 This is a pretty tough call to make right here. And I may get humbled. But the charts say to me - Kumar, there was a short term low today. And the next point of exhaustion is $341. Lets see what happens. This chart is likely a mess to most, but harmonious art work to me. Elliot, Murrey and Kumar being used for the analysis. Comments always welcome. Happy Trading.
ETH BUY?RSI on daily time frame is showing oversold which could be a sign of exhaustion.
Based on Daily & 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal.
We could see BUYERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor
#ZEC/USDT#ZEC
The price is moving in a descending channel on the 1-hour frame and is expected to continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 37.40.
Entry price: 37.90
First target: 38.82
Second target: 40
Third target: 41
Nasdaq-100 Wave Analysis – 3 April 2025
- Nasdaq-100 index broke support level 18820.00
- Likely to fall to support level 18295.00
Nasdaq-100 index recently broke the key support level 18820.00 (the previous monthly low from the end of March).
The breakout of this support level 18820.00 accelerated the minor impulse wave 1 of the intermediate impulse wave (C) from February.
Nasdaq-100 index can be expected to fall to the next support level 18295.00 (former monthly low from September) – the breakout of which can lead to further losses to 18000.00.
NAS100 Will Go Up From Support! Long!
Please, check our technical outlook for NAS100.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 18,411.4.
Considering the today's price action, probabilities will be high to see a movement to 18,773.6.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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