I count CRM as wave (4) of circle wave 3 complete. Expect to see at least 400 level (5=1), ideal target is 600 zone.
Wave (2) in crude is taking shape of a wxy structure where only C of y is left. I count 1-2/1-2 from 23/02 low. I expect to see a strong move at least to 90, then pb in 4 to 88, then up again to 94 target in 5 of C.
Bear in mind this evil count in GOLD. Have to take it seriously due to ambiguous picture cycle-wise - it might still wish to make one more low before it takes off to 2600-2900 level. These wxyxz are very hard to trade. Wouldn't recommend taking longs before it breaks through 2k level. Stay tuned.
....Though much greater upside potential in the long run. The target range for wave (C) of circle 4 is 400-600. The first target for circle wave 5 is 8k, 1.618 extension resides at 55k! Wouldn't be surprised if it reaches that level.
Nice comparison of CADUSD and crude. CAD peaked in May 2021 whereas crude continued its move upward and peaked a year later. Both are now synchronized in their move down though I believe crude will start to accelerate soon. See separate charts on both of them.
Hard to squeeze something sensible from this price action but this is the base count I have at the moment. IMHO the whole move down from 2008 peak is wave C of larger degree irregular flat where C shaped as diagonal. Waves circle 1 and 3 are complete and wave 4 is progress. Short term, expect to see a pb in b of 4 around 1.0, then up to 1.14 level to complete wave...
Here is the longer term picture for GOOGL. Once wave iv is complete around 60, I expect to see move up to 300+ level sometime in 2026-2028. Stay tuned.
Big picture indicates Bunge has completed wave b of larger degree wave 4 (started in 2008) and has printed wave (1) of circle C targeting 25-30 level. Expect to see a pb in (2) up to 110 zone. Be prepared for a strong move down in wave (3) over the next 10-12 months. See similar set-up in FCX.
I count BTC from 65k level as irregular flat correction where wave 4 of (C) is currently in progress. Target price level for wave 5 of (C) is 8k, which is 2.618 extension of wave (A) and 1.618 extension of 1 of (C). Wouldn't recommend to rush with longs here.
CHF is cooking nice short set-up in wave 2 of (C) of circle B. I believe we'll see a strong downward move to 0.77-0.8 range. Be prepared for a prolonged CHF weakening afterwards.
Short term - down (target 95-100), long term - up (target - 120+). Have to revise my longer-term view on DXY. I count recent decline as start of wave 4 targeting 95-100 range (rather then a complete reversal to new lows). I believe we'll then see one more run up to 120+ level in USD.
Tesla seems has completed wave A of (B) of a triangle of a larger degree. The reason I expect to see a triangle is it usually take some time to absorb the preceding bullish action (since 2019). Hence wouldn't recommend trading it until 2026, triangles are very tough to trade.
My wag we'll see a diagonal in JPY where wave (3) and a of (4) are complete, next few months will take to finish wave b and c of (4). I'd expect another move up in a zig-zag fashion to new highs. That would either be completion of a larger wave C of an irregular flat or wave 1 of the larger degree. Time will tell.
Long-term- it looks like it will have few more 4/5 waves to come. In a mid-term - wave b of (4) is done or near at completion. Wave c of (4) target is in 80-100 range. Would be a great ride up afterwards.
I count crude as wave circle C of a larger wave 4 that started in 2008. So far it looks like wave 1 of circle C is complete and crude is papering for a bounce in wave 2 (somewhere to 95-100 zone). Overall target for the larger wave 4 is in the 20-25 range. We then should expect a sharp rally to 200 level into 2027-28.
SPX may run higher to 4400 level to complete wave(B). I expect to see wave (C) of circle 4 somewhere at 3k+ level.
DAX is ready to reverse, wave (B) may be done here. Wouldn't recommend to be long until mid 24.
AMZN may become the most hated stock next year. I expect to see a bounce into April to 120-130 zone, then down to 30-40 level into mid 24. My wag, we'll see some terrible things in the world trade that might trigger the selloff. Be careful!