#Ethereum Update Same old story in #crypto. One is lying between #ETH (bullish?) and #BTC (bearish?). Which one is it?
#Stocks Update Has the correction already ended in #TXN?
Wouldn't it be nice to long at the 100 & 200-day simple moving averages confluent with the log & arithmetic golden zones?
#MSFT, the first component of the S&P 500 (5%), is displaying the most horrible monthly candle. Check the monthly bearish divergence on its RSI. Scary. #Elliottwave #stockstowatch #StocksToTrade #SPX #NDX
Although this count is my primary, I dislike the disproportion between yellow micro 2 and pink submicro 2. However, the reaction at the 0.382 (to the tick) gives some confidence in this count. It implies that we may visit the range of the previous 4 between 217 and 235, IF this suggested correction is not finished. We could still be working on an atypical triangle...
Tricky situation in XRP and in cryptos in general. We are at the 8H RSI bull market support and sitting on this channel. We could see an extended 5th in this scenario. Some H&S pattern showing up too. If we see a new low, the downward structure will look wedgy.
ETH is sitting on the base channel and is being pushed by the 2H EMAs. Overall structure for micro W4 here looks triangular. We are very near the 4H RSI bull market support.
Dream trading/investment opportunity coming in $UUUU? We may end some extended C of flat soon & make a triple bottom at $1.29. RSI bullish divergences on ALL time frames. What are you doing on March 4 (earnings date)?
Not much history in BYND but there may some nice opportunity in there. The first chart, in log, shows the 1:1 & the 1.27 extensions respectively aligned with the 0.5 & the 0.618 fibs. In arithmetic scale, the 0.618 lands in our green box. One to follow!