MrKrft

MrKrft

The Nasdaq probably ended its correction of the oct highs in 100 % of time and 61.8% in price. A Continuation to the upside would now fit perfectly in terms of wave theory and price action. Fundamentaly we are seeing a different picture. The Fundamental market sentiment remains due to a second corona wave and the upcoming US election bearish. We will see wich side...

MrKrft

The decision has been made this week. Its just a matter of time. I am expecting a break and continuation to the upside and a close of the current impulse above our current all time high. If you look closely you can see we are currently developing a tiny bull flag in a bigger bull flag.

MrKrft

A break of the current correction pattern to the upside gives us a nice opportunity for a short-term long trade on the Nasdaq with an extraordinary good risk-reward ratio. That trade has potential to run a new ath in the Nasdaq. The Nasdaq is unquestionable the crisis winning index in stock markets.

MrKrft

Due to upcoming stress with the the US elections and an ongoing failure of negotiating Brexit im very sceptical that we now succeed in entering into a bull market trend again. The time projection and wave count of the latest correction remains uncompleted to me. I would assume its still too early for a longer and healthy move upwards in the equities. Lets see...

MrKrft

After an ultra bullish outbreak into the weekend Nasdaq continues its rise due to rising stimulus hope. The Index is now overdue to a consolidation of the current uptrend. The tentions in the market remain effective as well. A profit taking of the current trend is to be considered als likely in the market situation.

MrKrft

With a ultra bullish close of the Nasdaq into the weekend, these are possible scenarios for the upcoming week. It will be interesting. A futher correction remains likely due to the time projection i shared recently. A futher correction would also fit to latest insecurity of market participants. Beware careful! Greetings. Markus

MrKrft Updated 

Despite a bullish valued Testimony it is according to my valuation still too early for a longer upward movement in the equities, especially the nasdaq, considering time as one out of two variables to picture price action, there is some more correction to come

MrKrft Updated 

Fitting to the EUR USD Projection im awaiting GBP USD to drop furthermore before potentially rising for a longer move related to a rise in the equities. This scenario fits to rising tentions in the EU due to Brexit. Greetings Markus

MrKrft

Hello TradingView Community, Im expecting EUR/USD to come down furthermore as a prolongation of the current trend. A second and longer turn upwards is probable and fits to time projections in the equity market. The second and longer turn upwards could occure monday night to tuesday. Lets see how this projection turns out. Greetings Markus