We are probably working on a wave (3) in the higher time frame. Wave 1 of wave (3) could be ongoing or we might see a relatively short wave (3). This is unclear for now. In the lower time frame, we can still expect a wave 5 up. The primary scenario suggests that we are now working on wave 4 as an expanded flat.
We are probably working on a wave (3) in the higher time frame. Wave 1 of wave (3) could be ongoing or we might see a relatively short wave (3). This is unclear for now. In the lower time frame, we can still expect a wave ((v)) up. The primary scenario suggests that we are now working on a wave ((iv)) as an expanded flat.
We made a new ATH in the DOW JONES so the bullish sequence in the higher time frame continues. We believe we are now working on a wave ((3)). Alternatively, the wave ((1)) might still be ongoing as a leading diagonal. In the lower time frame, we are observing an ending impulse.
We are probably working on a wave (3) in the higher time frame. Wave 1 of wave (3) could be ongoing or we might see a relatively short wave (3). This is unclear for now. In the lower time frame, we can still expect a wave ((v)) up.
In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded.
The S&P 500 is very bullish and the upward structure does not look finished. The bearish way out would be a flat structure: regular flat if we hold the ATH, expanded flat if we break the ATH.
We made a new ATH in the DOW JONES so the bullish sequence in the higher time frame continues. We believe we are now working on a wave ((3)). In the lower time frame, we are observing an ending impulse.
In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures.
The wave (4) as a WXYXZ structure in the primary scenario was earlier confirmed as we took out the wave (3) high. We are now working on a wave (5). In the daily time frame, the upward move looks still very strong. Therefore, we are considering an alternative scenario where the wave (4) pullback is a wave (2) correction. That would mean that we are doing a wave (3) now.
The wave (4) as a WXYXZ structure in the primary scenario was earlier confirmed as we took out the wave (3) high. We are now working on a wave (5). In the daily time frame, the move up looks still very strong. Therefore, we are considering an alternative scenario where the wave (4) pullback is a wave (2) correction. That would mean that we are doing a wave (3) now.
We made a new ATH in the DOW JONES so the bullish sequence in the higher time frame continues. We believe we are now working on a wave ((3)). In the lower time frame, we are observing an ending impulse.
In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures.
We made a new high in the DOW JONES and this has some implications. The wave ((2)) low could be in after a triple three correction or WXYXZ structure. This would mean that we are now working on an impulse. The upward structure is strong and we start to see 5 waves. It becomes less likely that the upward move is corrective. In case the upward move is corrective, it...
The wave (4) as a WXYXZ structure in the primary scenario was earlier confirmed as we took out the wave (3) high. On the one hand, this is bullish as we are now working on a wave (5). On the other hand, we have to be careful with the expectations for this fifth wave. With the current data, we favor some more upside but we do not expect a huge wave (5) bull run.
In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures.
We made a new high in the DOW JONES and this has some implications. The wave ((2)) low could be in after a triple three correction or WXYXZ structure. This would mean that we are now working on an impulse. The upward structure is strong and we start to see 5 waves. It becomes less likely that the upward move is corrective. In case the upward move is corrective, it...
The wave (4) as a WXYXZ structure in the primary scenario was earlier confirmed as we took out the wave (3) high. On the one hand, this is bullish as we are now working on a wave (5). On the other hand, we have to be careful with the expectations for this fifth wave. With the current data, we favor some more upside but we do not expect a huge wave (5) bull run.
In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures.