Clapperton_

Clapperton_

The market from May 2021 have been corrective in nature, I am currently counting as expanded flat for intermediate wave 2. The market is currently in minor wave C which will be bearish impulsive wave. If this count is valid, it will drop the market to the price range of $2.8290 to $3.1555 per lb. i.e 0.5 to 0.618 fib level retracement of intermediate level 1....

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The market is completing a bullish correction (double two) that started in OCTOBER 2022 in which wave Y is taking the form of a triangle. After wave Y is complete the move move will continue to complete wave Z of a larger WXYXZ correction. Please refer to my earlier published analysis to follow through.

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I am counting an end of wave 2 and the market should rally in wave 3

Clapperton_

The k21.41 remains a key price level. For the current count to still be valid the prices bust not retrace below the k21.41 level in wave for. If this count holds, the market will rally to k30.68 to complete an extended wave five that has been running for over 25 years. Please see my previous analysis to follow the USDZMW analysis attached below.

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The bullish triangle has been on going for the last 22 months. confirmation of a wave five will occur when market price goes beyond the pick of wave B. Also refer to my previous analysis attached.

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The rally from is corrective in nature taking a form of a zigzag. the market should resume in wave c to take prices below the 31.85. The risk is to the downside.

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Wave four just finished the market will resume bullish move in wave five.

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USDCAD is still unfolding a double three rally and wave c of Z will soon start unfolding. Attached is my analysis released 14 months ago for reference.

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The bullish triangle wave 4 is near completion. The impulsive move is about to resume to complete wave 5. refer also to my earlier analysis attached below.

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HK50 has spent much of 2023 in a parallel channel that i am counting as a double two. The market has retraced to the .768 of the impulsive wave A. Wave C is currently unfolding.

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The bullish scenario has taken precedence. The market is currently unfolding in minute wave 3. The current analysis is forecasting completion of intermediate wave 5 @ ZWM 30.68 that has been extended from june 2008 (15 years). Refer to my early analysis published on 3rd February 2023 below.

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The market has been tracing out an impulse from March 2020.The market move from May 2022 is taking the form of a triangle, after the correction is done the market will resume the move up.

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The move from Jan 23 has been impulsive by nature. The current correction is from June this year is corrective by nature and is taking a shape of a double zig-zag. The move up is expected to complete wave five targeting the 35171.09 market level @ which wave 1 will equal wave five. The market still remains the final arbiter.

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The market is forming a bearish triangle after which the market will resume the down trend. The risk is to the down side

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we can clearly see a bullish trend on vale, the triangle pattern we have that has last 2 years is nearing completion after which the market will resume the bullish move.

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This is a chart worth a thousand words. The trend is my friend.

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The Leading Diagonal was done when the market hit a record high of 8052.93 on 13 Feb 2023. On the weekly charts, the market closed with a strong Bearish Pin Bar indicating early signs of change in market psychology and a rise in selling pressure. The risk is to the down side.

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The risk is still to the down side. Also Refer to the analysis in the link below that was posted few weeks ago.