SPX has made a series of lower highs and lower lows inside a down going channel since starting it's decline from ATH ! We had a strong bounce back after start of war in Ukraine which can be called ((Buy the invasion )) !. Why such a strong bounce back? I guess investors thought FED will be less aggressive after this crisis and they found a reason to flow the...
Hello my friends. This is for informing you that a descending anti cycle may develop in BROS ! Lets keep talking about what is an anti cycle for an appropriate time. I may devote one of my "Educational Publications " to this very interesting topic. For now lets consider this is a real probability and we are trying to make profit from a short position: ...
LUNA is on the danger of major drop ! LUNA in most probable scenario has completed impulsive section of a wave cycle and currently is in the major correction. Decline from ATH to around 75 USD stopped by reaching to 0.382 Retracement level of shown 12345 up going wave !. As I see, continuation of down trend to lower Fibonacci level is on the way ....
Hello investors and traders ! We warned several times that Bitcoin is going to drop severely and now it came true ! now the question is where we can find a shelter? I kindly invite you to follow the related ideas for details :
BTC is more than likely completed an impulsive section of wave cycle and currently is in a major correction to complete a wave cycle. What I see know as most probable scenario has been shown on the chart. The key to the prediction is what I labeled as circled wave 2 . Some may argue this is a wave 2 but a smaller degree wave 2 which means another large up...
How far SHOP can go down? There will be a bounce ? If yes at what possible prices? We accurately predicted the stock path several weeks ago by means of Elliott waves and called for a Big Shor t at ATH ! What is next? Currently SHOP is in a MAJOR correction. SHOPIFY completed a primary degree wave cycle which was started at 18.48 USD on Jan 2016 at its ...
We can never predict the future without looking to the past ! Many analysts and traders are involved these days in latest short or mid term trend lines or small scale channels. They may use some other tools like Ichimoku clouds or pitchfork for opening a long or short position however, non of them can give us an insight to what is happening in BTC these...
Wave Relationships and their relation by Fibonacci Ratios are among the most helpful tools for target prediction. There are different types of Fibonacci and different tools with different names in different software packages. This may make users somehow confused . Here, we try to shed some light on various mostly used Fibonacci types and explain their usage...
We are at the moment which both optimistic and pessimistic scenarios are possible for TSLA in terms of Elliott waves. Lets follow and investigate BEST and WORST case scenarios : BEST CASE SCENARIO : Lest start with the best one. This scenario, if happens, can present considerable profit to bulls. In this case , Ascending rally from 546.98 up to ...
(( Stopped out. Wave counting need a major update ! )) 4th Aug 2021 (( General trend is still down. There will be a considerable Up going counter trend correction . Then we will have another large down going wave . I will publish the update at appropriate time . )) 4th Aug 2021. Above are my last two updates on the idea published on 15th July 2021 ....
SHOP is beautifully offering lots of long and short opportunities ! Are we prepared in advance ? Of course we are. SHOP has started new motive rally from 1005.14 on 26 Mar 2021 and so far has completed wave (1), wave 1, 2,3 and probably wave 4 of (3) and now is probably completing wave 5 of (3) which will terminate at two proposed strong resistances which are...
Amazing results on target analysis ! We reached to 2158-2477 target zone for GOLD on our monthly time frame analysis ( Please see related idea ). Can we narrow out target zone ? Lets follow !. Today we have a closer look to our golden road on weekly time frame. Amazing results !. we calculated two PRZ (Potential reversal zone ) in monthly time frame....
Energy sector of S&P extremely outperforms S&P since start of market decline on 4th Jan 2022 and in fact, It is not a surprise considering geopolitical conditions. This type of comparisons can help us to accurately select our stock. It is essential to look at and investigate the indices before opening any position. A single stock inside a down trend related...
TSLA has lost two important long term supports amid Russia Ukraine war and Fed's decision concerns. As shown on the chart, Two years long up trend line has been broken a few days ago and 200 days moving average support was lost yesterday. This morning Russia Ukraine war initiation officially reported. Sanctions to Russia will have negative effect on EV...
Recognizing Wave relationships is a key step in decision making and adjusting expectations from the market. TSLA, always shows some interesting aspect of wave relationships. Do we have a large degree completed wave cycle and inside a major correction which makes TSLA crash to unbelievable targets? Or we are experiencing a less amount of correction and will see...
It is not an easy task to make money from stock market these days . Lots of fluctuations, news and reports are every where ! Even large financial institutes currently have different views and ideas about market . This clearly show itself on indexes with three flat days ! There are some major risks such as inflation data and following rate hike by FED. Just add...
Can Apple become the market savior? Is it able to help the panic to be over? Lets follow ! Previous Monday we saw the large money inflow by hedge funds which pushed it back to positive territory after near 5 % fall in NDX 100 , then panic returned to the market after J erome Powell's speec h and finally exceptional earning report of Apple brought the ...
Elliott wave practitioners are sometime subject of criticism because of their apparent mistakes !. An important point that many people may not be aware of is that " Elliott waves analysis is about possibilities and probability of each possibility not about certainties ! ". In fact, there is no false or true analysis in the world of Elliott waves (if a...