EurUSD also looks like a fairly Clean ABC, (B being easy to spot as a sub 3 wave pattern) Correction seems to be over. Looking for 3rd wave up from here
Tricky Pattern. Some make the case for a A of an ABC Retracment. I am Making the case for a C of a 4th Wave. One more Blowout Rally (maybe truncated to go)
The extension would be better if the Index went a little lower and bounced of the 2000 zone. Because a proper crab can get all the way down to 1.618 XA and 2.618 BC. But the index looks like it has found support at some shallower harmonic levels so I am issuing a bullish call to start building a position in Shanghai Class A Shares. A full position will be...
As Mega Bullish I am on the Price of Gold. I can ignore this perfect gartley in GDX. Also Big Put Buyers at the end of last week gives hint that someone else is feeling bearish about the miners as well.
Looking for a bullish extension to repeat the fractal from March June
The sloppiness of the current wave environment hints to AAPL being stuck in a 4 within a 4. the Clarity of the 5 wave move into the 700 high is very easy to see was probabily a larger wave B, within our current larger 4 corrective environment. Things that cant be ignored. 1. Lots of whipsaws on trend following systems. - Hints to the corrective like moves we...
Long term Momentum has shifted and turning down. Great set up for a short entry if Cad/CHF makes new lows. stop loss should be taken above resistance lines if market reverses
After a massive short covering rally in EUR USD. Pattern is setting up as a possible reversal top. Price needs to confirm a new low below 1.2800 before dmi will confirm new downtrend.
Lots of Momentum Divergences in $aapl. As long as it can hold 644 bullish trend is intact. Below that might see a substantial retracement... To Me $aapl has completed a full 5 wave advance and has some weak trend signals. Since AAPl is sitting at a very delicate level caution is signaled as the 660 level is a very important support level. DMI- Is already in...
Clear Momentum shift. Severe Money Flow Divergence. Double top Pattern Trend strength is low and DMi Cross is imminent Bearish Sell signals will be triggered with a break below trendline.
at 11am today paper bought (when long) a opening option position of 23,000+ OCT12 $TLT 124 Puts today for $1.97. Big Money is either hedging a huge stock position 11 million +/- or Huge Bearish option trader just showed us his play....
Rising Three Methods / Bull Flag Right under the lift off point. Bullish Explosion Ahead!
With Apple failing at 1.382 extension of wave 4. my final target for the current move of 720 has not been seen yet. 1.618 of march high to may low is 721.85
Short GBP NZD Harmonic Bearish Pattern : a little early... 1.985 would be a good harmonic retracement
Short EURUSD on a Ichimoku Break Below 1.24 Looks like the blow off retracement wave could turn around here on the 4 hour chart.
Missed Gartley in GBPJPY. Another missed Harmonic... Keeping my eyes open for the next one...
Fractal Gartley pattern, Some of the harmonics are irregular but perfect confines of a fibonacci harmonic
Not Perfect Measurements on the A-B leg. But Very harmonic in nature....