The Nas shows a strong performance. The Nasdaq has pushed through several important levels since Friday and there is almost no end in sight. Well, almost where it goes up it has to go down. I see the current movement primarily rise to around 15900 points before the market cools down. This correction should then go up to a maximum of 15034 points, which is the...
I am currently expecting more highs. Apple has made a nice continuation flag over the past few weeks. 162 is definitely still possible. I expect a small correction afterwards. For the correction I see 145 - 148 as the bounce zone. Long-term positions could be increased there. In the long term, apple will remain one of the strongest stocks in my portfolio. In the...
Gold shows two bullish formations in the superordinate picture. 1. Descending broadening wedge (DBW) - 100% target is at 2,169 - The statistical target is 2,115 2. Bullish wolfe wave is also activated. - The target of this wolfe wave is the green target line
Also the s&p is about to reach my target zone. This impulse can extend even more. But a small correction is already knocking on the door;)
Minimum target for wave 5 check. The market reached 15.600 as expected!
The Nasdaq goes straight back to new highs after a fast wave 4 and will probably continue its movement. My next target is the area from 15606 points. Depending on how well the bulls are now, the action can pull itself up to the 16,000 point mark before we have to expect a correction from there. When I say correction I mean max. 1000 points. But at least around 600...
DKNG shows a clear impulse structure. As expected, the sub wave (3) has reached its target. Now it might slowly begin to correct. It is important that the market remains with a possible correction above 51.27. The running wave 3 can extend even more. - 62.35 - 63.66 - 65.87 are possible targets for this wave. Overall, I see dkng as very bullish and expect prices...
Nasdaq 30min intraday trading analysis. - 5 wave impulse structure - range breakout --> Next target is around 15.600 30 min chart (Kassa): H1 Future Elliott wave chart:
A few words about palantir: My point of view has changed a bit. A few weeks ago I mentioned a small bearish formation, but palantir invalidated it with a gap up island. This is a good sign of more upside pressure. The chart shows the first signs of a developing channel. May 11th is considered to be a trend change day. Since then, palantir has been running very...
Key level is the resistance line (around 35.466). If the market can pass this level the following targets to the upside are activated: 35.633 - 35.855. Day trading / swing trading possibility for next week.
**IMPORTANT!** On the basis of my elliott wave analysis, I am mainly in a very bullish mood. I show that I am bullish for the future in almost all of the index analyzes that I have posted in the past few months. But I always have alternatives ready so that I am not only focused on one direction. Here you can see a slightly different analysis with typical wolfe...
S&P reached my minimum target for this minor correction. At the moment there is no real signal that wave c in the smaller count (and wave iv in the bigger one) has finished! S&P can still go to 4454 (38.2%) or 4439 (50%) before another bullish upward impulse.
In the short term view I expect a minor correction. In this correction the market should stay above 4439 (acting as a trigger). In my primary scenario I see a small correction (wave iv) and after that another impulse (wave v) to finish a wave 1 in the bigger count.
NASDAQ: The Nasdaq is still on track and I expect the Nasdaq reaching 15,600 // 16,000 points in the next few days. Nevertheless, it must be expected that the bulls have to refuel on the way there. We will probably still approach the region from 15428 to 15496 points, before an intermediate correction in the direction of 15139 points will start from there. This...
Palantir: Key level 27.56. Then we can assume that we are in a wave 3 with a target around 37.66 - 39 USD. Its important to stay above 22.36 & within this channel.
**Apple chart history:** July 4th: July 10: Now: Apple still has more room to run. 155 - 158 main target for the current impulse.
NIO: Yellow zones are key levels to activate this wave 3 in white. Long term play: Buy zone 33-40 USD.
BNGO: everything above 4.29 is bullish. GAP fill is still possible. Trading below 5.35 --> focus on gap fill. Trading above 5.60 --> Target 6 USD. 5.50 is our new support & a possible bounce zone. Very hard to give exact price targets in the daily trading of small caps with low volume. Therefore I only give fewer updates for BNGO. Otherwise it could confuse some people;)