So far, everything is going according to my forecast. We work out the head and shoulders. When breaking through 4300, the final goal is 5000
I want to share my vision of further developments. I have already written about BTC in previous posts. In my opinion, we are working out the figure of the head and shoulders. Initially, we had an upward movement in 5 waves to the $ 2000 zone, now there is a correction of ABC, where we came to zone B, just drawing the right shoulder. Then only downwards, with a...
If this goes on, then $ 80 is waiting for us. We have broken the loi, maybe we are going to the 5th wave, according to fibo it ends at $ 80. These are the highs to covid.
Since I decomposed how I see the situation on SPX and NDX, I decomposed how the situation with GOOG can develop. Perhaps we have started the 5th wave of decline. The immediate goal is to close the void at $107.2. The next goal is also to close the empty area at $97.5. The reduction target is $90. Perhaps we will reach $ 88, there is a big trade.
The short-term idea is to close the void at $107.2. The same voids are AMZN and AAPL. These are the locomotives of the market and the ideas are connected with the general infusion of the market closing on Friday. It takes into account the fact that, according to statistics, September is the weakest month.
The short-term idea is to close the void at $125.5. The same voids are AAPL and GOOGL. These are the locomotives of the market and the ideas are connected with the general infusion of the market closing on Friday. It takes into account the fact that, according to statistics, September is the weakest month.
The short-term idea is to close the void at $157.7. The same voids are AMZN and GOOGL. These are the locomotives of the market and the ideas are connected with the general infusion of the market closing on Friday. It takes into account the fact that, according to statistics, September is the weakest month.
If the idea with NDX is implemented, then the goal is to reduce the SPX 3400. It looks very much like we are going to the 5th wave, the goal of the decline is the highs to covid.
It looks very much like the stock market correction is not over yet. We have been seeing DXY since 2008 in the ascending channel. According to Fibonichi, I see the end of the 5th wave at the level of 114 points, possibly a puncture to 115-116.
I hope I'm wrong, but according to the 5 waves of decline and Fibonacci, we have a goal of $ 12,000, these are the prices before the pandemic.
A diamond is formed where the exit from it is mostly down. After the split, I'm waiting for a hike down with goals of $ 255 ($765). Perhaps we will close the non-trading for $ 250 ($750)
Perhaps many people rejoice early that the bottom has been set and now only growth. A decrease in inflation is probably a lure, because many people believed it, and began to long. A 5-wave scenario is possible, where we have worked out the 4th wave and can go for 5, the path where the Fibonacci reduction target is 10,000 points is very clearly visible. Perhaps we...
The goal is $100. After parsing the SPX, I see a similar pattern of head and shoulders. The feeling is that we will fall to the level of $79 by the end of August. Then the upward movement, after the breakdown and consolidation of the $ 87 level, I see the goals of $ 93 and $ 100.
I see the working out of the head and shoulders. The feeling that they have gained a foothold above $ 8. False punctures up to $7 are possible, but there is one way, these are the goals of $9.8 and $11.2-11.5.
Possible testing of the ISU with a target in the area of 4600. At the moment, I am waiting for a correction to the 3912 zone, further testing will be relevant when fixing after the correction above the 4170 level. It will be possible to go on 5 waves with intermediate targets 4270, 4400. I'm laying down a deadline for this until the end of October.
In a previous post, I wrote about the takeover on a weekly basis, after which the index added + 7% in 3 weeks. I wrote then that I would write how the month would close, the month closed perfectly, a monthly takeover occurred. But with such an absorption, it is not worth waiting for a rapid shot further. I'm waiting for the next month to roll back a little,...