ETH Long Term Elliot -- C wave or 3 wave
Netflix seems ready for a pullback RSI Divergence Stochastic Sell Hook signal MACD Crossover sell signal Watch for a break down on the RSI current trend to confirm this.
Elliott wave says there still may be a wave 5 left in Etherium. Entry point: now.
Starting from the largest trend to the smallest: We are in wave 4 (of 5) in the uptrend. We are in wave b (of c) in the corrective wave 4 We are in wave c (of c) in the corrective wave b We are in wave 5 (of 5) in the impulse wave c Rules: Wave 3 cannot be the smallest, this makes the yellow line the max point of wave 5. Guidelines: In an A-B-C correction,...
Here is an Elliott wave Analysis on Apple from the past 5-6 years.
* Currently in the 4th wave, looks like it may make a 4th wave expanding triangle. * Look to buy on the e wave of the triangle, follow through for the 5th wave. * Stop at 31.99 * Target anywhere below $50 (look to sell around $45 range)
Green represents an alternative wave to the (blue). Elliott shows we are on the 5th wave of the large 10 year cycle. Whether between the 3rd/4th subwaves or whether the 5th subwave has already happened remains to be seen.
GOLD looks to have based and is potentially making a reverse head and shoulder pattern. More importantly, if it can follow through with a breakout over the longer term downwards trend, there is potential for an upside move (read: consider buying GDX). Additionally, the Dollar is looking weak and has already broken downwards. Watch closely to see if this was a...
Dollar looking like it is losing strength, has already broken support downwards
Looking at the trends, the stock market is potentially approaching the top of a channel. Post election surge should fade to consolidation?
Strong fundamentals Rail has been moving the day after earnings for the past year, consolidating horizontally thereafter Buy in the purple range, look for 2-3 bounces to the purple range (based on number of bounces to the red range) between now and late October Look for current consolidation pattern to never leave the green-purple range during the bounces...