Rykin_Capital

Rykin_Capital Updated 

This is one due for a bit more of a drop. It almost reached a pivot and we are pretty confident this one is going to cross the line. The rest of the picture is looking far too typical for a running floor. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in...

Rykin_Capital Updated 

Completing a zigzag here with Wave C nearly confirmed. I love zigzags, they make predicting endpoints so much easier in so many way. With the recent drop on the SPX, it is not surprising that we are generally bearish (or shortish) on many of our positions. Archrock is another one heading down the pipe, so let it fall. We are not in the business of getting every...

Rykin_Capital

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...

Rykin_Capital

Or so it appears. Corrective ABC, now in the final leg pre confirmation. One thing that worries is raised momentum on the latest rally. In any case, we can always form a flat and not a zigzag. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with...

Rykin_Capital

Looking to drop some on this one, don't ask us why. Let your own mental hamster spin a reason or two why this may be so. And I'll just watch from a safe distance. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci...

Rykin_Capital

High, high confidence on further downward moves on this one. Not often we get an immediate confirm of pivot that we can show off on TradingView, but today is our (and your) lucky day. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation...

Rykin_Capital

That is one weak looking B Wave. More evidence for a powerful C Wave incoming. Kennedy Channeling suggests the same. When will you realize? All markets are fractal in nature all of the time. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with...

Rykin_Capital

Further drops almost guaranteed as we approach pivot on this one on what is already progressing Wave C. Momentum drops are also evident. Keltner channels, and no doubt, and any other oscillator that we can pull up on this TradingView will give more evidence to the fractal picture we are observing here. We are not in the business of getting every prediction...

Rykin_Capital

A move on the Wave C in the suspect zigzag here is somewhat premature. Given that, data shows that this should happen anyway. This Wave B is unlikely to be a strong one, given the time and the moves that passed. Fibonacci is as always a very useful tool in showing us where we might be going. Time will tell us how low exactly we will descend if we are indeed. We...

Rykin_Capital Updated 

ATAX is seeing again Wave C in a zigzag, suggesting a bearish scenario. We can see reason in that approach. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than...

Rykin_Capital Updated 

In creating these charts, we are never really analyzing the companies. We do not look at the fundamentals and the return sheets for any company. At Rykin Capital we are convinced beyond any doubt that market action is really a manifestation of group psychology, which may or may not be related to the fundamentals of the company. We often find that the human brain,...

Rykin_Capital Updated 

Another five wave impulse is finished, divergences are present. We are bound to fall. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident...

Rykin_Capital Updated 

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...

Rykin_Capital Updated 

Looks like we have a an end to a zigzag here. Technically, we have not left FibChannel, hence the approach is risky. If the picture is right, we may see one or more impulses upwards. Wait and see. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with...

Rykin_Capital Updated 

Something brewing on the horizon here. A wave or an end of a strange looking X. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and...

Rykin_Capital Updated 

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...

Rykin_Capital

A massive, massive drop on that. ?5 Wave impulsive A Wave vs ... not quite sure what other scenarios could fit this alternative. A super aggressive stance ahead of any confirmations or pivots. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with...

Rykin_Capital

Something really cool is happening at UNP. And by that, we surmise some more action to the topside on this one. Momentum growth, pivots and fibtime levels are backing up this standpoint also. Having said that nothing comes ahead of the actual, correct, accurate wave count. And that is a skillset that only comes with experience. We are not in the business of...