4xForecaster

4xForecaster Updated 

Friends, Predictive/Forecasting Model hit an unannounced target at the current price vicinity of 3.06557. I have constructed this DAILY chart to comprise three degrees of Elliott Waves: Cycle, Primary and Intermediate. In these relative terms, the recent top would likely represent cycle III of a Period of an Intermediate (5). The relevance of this detailed...

4xForecaster Updated 

SYNOPSIS : 1 - Limited downside risk per Predictive/Forecasting Model 2 - Predictive/Forecasting Model eyes 7296.19 3 - large developing geometry complies with internal construction of Geo 4 - Internal ab = cd nears "Model" target 5 - Internal inverted H&S in near alignment with reciprocal ab = cd symmetry 6 - Reversal probable at WL target 7 - Invalidation...

4xForecaster Updated 

Friends, A confluence of technical hurdles is likely limiting any immediate upside potential in the Italian MIB Index, based on the following set of observations: 1 - ELLIOTT WAVE + GEO: In the most recent past (12-19 OCT 20009), price rallied to complete Elliott Wave's 4th wave, completing its corrective swing at 24558.00. This became a spring board from...

4xForecaster Updated 

Friends, Watch for potential rally into the 17.564/17.757 range per Geo's Off-Set Rule, as price defined a higher-low structure into the bullish entrenchment - See following chart: Look for commodity-sensitive currencies, such as $AUD, $NZD, $CNH and correlated leaders such as $XAU, $XPT charts (posted earlier this week) for supportive hints in terms of...

4xForecaster Updated 

SYNOPSIS : 1 - Fundamentals turn against $GBP; BOJ can't control strengthening $JPY: Net Bearish for $GBPJPY, expecting the strengthening #yen to carry a longer shaping effect in the overall geometry, as opposed to a weaker #pound 2 - Predictive/Forecasting Model is net bearish with TG-Lo = 87.772, TG-Lox = 66.900, WL = 38.992 in decreasing probability 3 -...

4xForecaster

SYNOPSIS : 1 - Per Predictive/Forecasting Model, underlying force continue to favor bulls 2 - Support near the 77.61 handle offers a probable rebound level 3 - Forecasting Model eyes 01 AUG 2016 vicinity as probable timing in rally 4 - Invalidation: Break of 68.99 Best, David Alcindor, CMT Affiliate #227974 - Alias: 4xForecaster (Twitter)

4xForecaster Updated 

Friends, Model presents a potential bearish turn in the Russell-2000 ... See following analysis: PREDICTIVE ANALYSIS/FORECASTING MODEL: Predictive/Forecasting Model offers a high-probability reversal in the vicinity of 119.97, as well as a abysmal bearish target defined today (11 JUN 2016) as TG-Lo = 67.51: Per above chart, note that a Fibonacci scale...

4xForecaster

SYNOPSIS : 1 - Major bearish strength coming into play 2 - Immediate major support resides at the 15.54 handle 3 - Limited reactive rally expected at 15.54 4 - Ultimate bearish target at 7.83 Best, David Alcindor, CMT Affiliate #227974 - Alias: 4xForecaster (Twitter)

4xForecaster Updated 

Re: TSLA Following is a quick analysis offered in a personal inquiry; I was asked that it be shared in TradingView.com. I thank my friend for his trust and recommendation. =========================================== Here is the 60-min. chart, which is revealing important technical developments: 1 - A positive divergence in RSI has built a solid floor,...

4xForecaster Updated 

Friends, I would like to consider the possibility that the SP500 Index might carve out a higher high, based on a set of technical conditions I will define below. PREDICTIVE/FORECASTING MODEL: First and foremost, the Predictive/Forecasting Model I use in the foreground of my analysis has defined a probable bullish target, namely: - TG-Hix = 1063.34 -...

4xForecaster Updated 

Friends, Predictive/forecasting model suggests a limited upside with a potential retracement target and cap as follows: 1 - TG-Hi = 56.79 - 04 FEB 2015, representing a low-probability, high-reversibility target and 2 - 60.75 -- 04 FEB 2015, representing a "terminal velocity" capping value. The taut value in RSI at 4.8489 corresponded to the recent nadir in...

4xForecaster Updated 

Friends, $GBPCAD has been kind to us in terms of letting the Predictive/Forecasting Model remain tethered to the actual price action - See the following frames illustrating the prior successful forecast: $GBPCAD-4Hour Chart: 6 months ago SOURCE: "$GBP v $CAD - Wolfe Wave Completes; Model Eyes 2.08057 " bit.ly/1OvHueq Today, we are returning to this...

4xForecaster Updated 

Friends, A prop geometry is completing at the 12.65 handle, whereas the Predictive/Forecasting Model eyes a probable low at 12.43 - Look for a reversal to the UP-side if and once price reverses with bullish initial quantitative target at 17.21 and secondary target at 17.68. Best, David Alcindor, CMT Affiliate Alias: 4xForecaster in Twitter/Linked-In

4xForecaster Updated 

SYNOPSIS: MARGET GEOMETRIES: - GEO: This represents a high-probability event, whereby two Geos have a shared 5-second point defined. As per the Geo's Off-Set Rule list, this third condition calls for a limited rally to the price level corresponding to Point-3. - JANUS (Proprietary Pattern): A prop pattern is lending support to a probable near-term support...

4xForecaster Updated 

SYNOPSIS: GEO: We return to this pair chart anew, looking at a geometric cycle completion of 2 Geo's: In essence, a rally to the 1-4 Line of the Geo is called for, based on the concomitant completion of a Geo (Black) within a Geo (Blue). CONDITIONS: 1 - AGGRESSIVE: Look for a slight retracement to the 78.619/78.139 range -- INVALIDATION: BACA <...

4xForecaster Updated 

Friends, Looking at the low-high structures of DXY overtime, one has to wander whether the recent higher-low carved out on 04 APR 2011 represents a base for another cyclical impulsive leg to a new high. As you may recall, last month, I offered a case in favor of a rally in the greenback (see DXY and technical commentaries here: ). With the benefit of time, one...

4xForecaster Updated 

Friends, I light of the recent market decline, I thought to put $AAPL under varying strengths of technical lenses, looking for potential support levels. PREDICTIVE/FORECASTING MODEL: First of all, standing on its own, the "Model" defined the following bearish targets: 1 - TG-1 = 100.28 - 22 AUG 2015 2 - TG-Lo = 91.86 - 22 AUG 2015 3 - TG-Lox = 86.40...

4xForecaster Updated 

Quick Analysis: STRUCTURAL HURDLES: Two levels to watch for, each likely to determine the onset of a bullish or bearish price action, respectively ... Namely: 1 - One proximal yet technically at 2134.71, based on probable bearish entrenchment and 2 - A second at 1821.61, based on price behavior along this line. ELLIOTT WAVE ANALYSIS:: WAVE COUNT: Wave...