algayar37

algayar37 Updated 

Wave analysis .We have golden area of up move either short one ending around 504 -519 representing C of zigzag then move down to 411.53 after break of 442.65 then 427.34 Other option is to continue up breaking 542.81 in motive wave of 5 parts to be discussed later Good luck

algayar37

Break of 333.95 if confirmed means to go to the target. Target at 308.84 Break up more than (A) pattern cancelled

algayar37

In corrective move 0 Zigzag one over ABC forming W wave X(b) wave over Now y(c) going on .It may go up to 355-360 then down move targeting 322-326 may extend to 317-319 Be happy once 333 confirmed to be broken More down prices will be mentioned in proper time Goodluck

algayar37

Astrolgical events were very effective on stock course mentioned parallel to blue lines Today one is repeated so expecting up move Wave analysis we will have up move wave X TO 120-122 then down y wave to 88.1 which will close the gap For discussion and observation not advise to buy or sell

algayar37

Target achieved and now in rebound Now waiting for astrological lines and actions Wait and see

algayar37

End of zigzag wave at 5570 AB=CD Middle angle between 270 and 315 comes at 5578 Gann fan line comes in contact with future candle at 5570 Time line reverse at 5/7/2024 So most probably reverse point will be at 5570_5580 My previous Elliote analysis posted on 4/7/2024 still valid Let us wait and see

algayar37

By today rise up to 5439.27 it ends D wave in broadening triangle Now supposed coming to wave E which supposed to end around 5463 or 5432 (most likely) or extremely at 5414 After E wave will continue up and will be revealed later

algayar37

Down move started at `339 and still going Price at angle 495 which equal to 94.88 break down will take it to 80.10 rebound will pull it up to 110.91 Already symmetrical triangle support line had been broken (search for it)and so target will be at 72 .Let us wait and see

algayar37

Target of this wave at least top or bottom of 4 wave of previous motive wave which around 37073 or at 38.2% fibonacci which is 37019 More over and which is the most important reason corrective pattern may not yet completed so our important signal for down move is to break down 38000 If move going nowdays give 5 waves up so down move is over

algayar37

rebound frrom 5453 up to 5476 even to 5488 rebound from angle 270 up to angle 135 let us wait and see

algayar37

SPX 15 min chart Horizontal channel Break up target will be 505.80 Break down target will be 5455.97

algayar37

Developing bearish butterfly Key point breakup through 19940.5 target 20015.92 target 2 20064.35 Break down below 19837.86 pattern cancelled

algayar37

Gann analysis Shape hexa Now above angle 210 next angle will be 240mat 21160.11 If this angle broken will go to angle below 180 at 18204.55

algayar37

Up move calculated from 259.73 target to 503.48 Circle shape possible come back to angle 315 at 468.71 Finally to executive triangle to go to final point

algayar37

Up cycle Circle shape final target at 2793.91 now in correction move Wait fir another chart

algayar37

Down move on small scale target180.86 1ry and 2ry angles illustrated let us wait and see

algayar37

Fibo correction suspected to 183.37-178.64 2 gaps 181.35-182.07 and 181.49 -181.42 178.96 middle angle of Gann good luck

algayar37

Gann up cycle shape square Main and 2ry angles illustrated analysis for long run