ShaneHua

ShaneHua

© Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M. Details: Wave (ii)-orange ended earlier than expected, and wave (iii)-orange is unfolding to push higher. While the low of 139.04 may act as a temporary key level. Invalidation point: 135.65

ShaneHua

© Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M. Wave (3)-orange is continuing to push higher, targeting the high of 2,550. While price remains above 2,503.80 is a significant advantage for this view. Invalidation point: 2,471.50

ShaneHua

© Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M Wave (2)-orange seems to have just ended, and wave (3)-orange is unfolding to push higher. The immediate target is 2,531.67. While price must remain above 2,473.25 to maintain this view. Invalidation point: 2,473.25

ShaneHua

© Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M. Details: Wave ((iii))-navy is unfolding to push higher since 40.00, it is subdividing into wave (i),(ii)-orange. And wave (ii)-orange probably ended at 41.40, so wave (iii)-orange is unfolding to push higher, targeting the high of 47.19. Invalidation point: 41.40

ShaneHua

AUSTRALIAN STOCK: WOW.ASX - 2 SEP, 2024 © Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M. Wave ((i))-navy has just ended, and wave ((ii))-navy seems to be unfolding to push lower, aiming at targets at 34.75 - 34.32. Finally, wave ((iii))-navy will return to continue pushing higher. Invalidation point: 32.82.

ShaneHua

Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M. Wave ((iii))-navy is unfolding to push higher, targeting the high at 32.49, while price must remain above 25.11 to maintain this view. Invalidation point: 25.11

ShaneHua

Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M. Since the low at 34.67, wave (iii)-orange is unfolding to push higher, which itself is subdividing into waves ((1)),((2))-navy and currently wave (1)-orange. Wave (2)-orange will soon unfold to push a little lower, and finally wave (3)-orange will return to push higher. Invalidation point: 34.67

ShaneHua

© Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M. Wave (4)-orange is developing into a Triangle and will extend for a while longer, then end and wave (5)-orange may turn back to push higher. While price must hold the low of 2,485.52 to maintain the view that this is a triangle. Conversely, Pushing above the high of 2,519.11 is a sign that wave (5)-orange is...

ShaneHua

© Master of Elliott Wave : Hua (Shane) Cuong, CEWA-M. 10-Year Yield, the main trend is down. Currently wave (C)-orange is unfolding to push lower. Recent price action shows that wave ((iii))-navy has ended, and wave ((iv))-navy is unfolding as a Triangle. The basis is that it will be longer and take longer than expected. But the bearish view with wave ((v))-navy...

ShaneHua

© Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M. Bonds, Wave (iii)-orange is unfolding to push higher; it is subdividing into wave ((2))-blue, and appears to be unfolding to push lower. Specifically, it is developing as a Zigzag, labeled (A)(B)(C)-orange, wave (B)-orange is nearing completion of its role. Finally, wave ((3))-blue could return to push...

ShaneHua

© Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M. Wave 1-grey of wave (5)-orange has just completed, it seems that wave 2-grey is also completed, since from the low of 2,485.52, wave 3-grey is unfolding to push higher. While price must remain above 2,485.52 to maintain this view. Pushing lower suggests wave 2-grey is extending longer than expected.

ShaneHua

© Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M. (1D) Details: Wave ((iii))-navy is unfolding to push higher. It is subdividing into wave (i)-orange, which will essentially continue to push higher. Any subsequent large decline would suggest that wave (ii)-orange is unfolding to push lower. Eventually, wave (iii)-orange will return to continue to push...

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. Wave (4)-orange seems to have just completed at the low of 2,437.97, it has also achieved the common retracement ratio of 38.20%, this 4th wave is precisely developing as an Expanded Flat. I guess wave (5)-orange is opening up to push higher, targeting around 2,492.33. While price must remain above...

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. 10 YR Yields, the main trend is bearish. Currently wave (C)-orange is unfolding to push lower. Wave ((iv))-navy has just completed at 4.022%, and wave ((v))-navy is unfolding to push lower, targeting the immediate target at 3.676%. While price must remain below 4.022% to maintain this view.

ShaneHua

US Bonds 10 YR Yield: 14 AUG, 2024 - 4H Chart © Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. 10 YR Yields, the main trend is bearish. Currently wave (C)-orange is unfolding to push lower. Wave ((iv))-navy has just completed at 4.022%, and wave ((v))-navy is unfolding to push lower, targeting the immediate target at 3.676%. While price must remain...

ShaneHua

U.S. Dollar Index: 14 AUG, 2024 - 4H Chart © Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The main trend is Bear market, wave C-grey seems to be opening to push lower, it is subdividing into wave (iii)-orange, it may continue to push lower. It is now subdividing into wave iv-grey, and it just ended at 103.546, and wave v-grey is being opened to...

ShaneHua Updated 

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation). Forecast: Bearish Where are we in Elliott wave analysis? The chart on the left shows that we are bearish with the 3rd wave (Labeled wave (iii)-orange). Basically it will continue to push down even lower. (1D Chart) The broader context suggests that wave (ii)-orange seems to...

ShaneHua Updated 

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation). Forecast: Bearish Where are we in Elliott wave analysis? The left-hand chart shows that we are inside the third wave (labeled wave 4-grey). It will basically drop lower in the near term, and after it ends, we will try to look for the 4th wave. (1D Chart): The broader context...