cfetrader

cfetrader

The ratio VXV/VIX can be used to identify possible peaks, occuring within a range of values of 1.20 to 1.32. Corresponding reliable troughs can be determined between 0.85 and 0.95. Presently, trading spans the ratios of 1.08 to 1.24 (could very well go higher w.r.t. the 2140 SPX target). A very interesting relationship for wave study concerns the bonds/stocks...

cfetrader

It is time to check the ratio SPX/VIX values, which appear currently at the critical level of 160+, which served in the past (2007 peak) as an early warning of the approaching top (in contrast, the 2000 peak followed an 80+ ratio). A consistent long term low may be defined by 18, whereas "mild" corrections can be expected within a ratio range of 80 to 160 approximately.

cfetrader

Gold prices are at a critical cross-roads, as can be seen in the weekly chart. Either wave e.2 ended in the region of 1220 or will target approximately 1270 along the pressure line. Wave e.3 will then follow to conclude this correction cycle (wave I in a I-II-III very longterm pattern). The move towards the final low is expected to be rapid, the low value...

cfetrader

The ascending wedge 1-2-3 formation has been broken. Target 2138 to 2160.

cfetrader

Could this be a bearish bat (the lines XD & BD seem a bit overstretched) ? And if so, is it predicting a wave C or a wave (4) ?

cfetrader

It seems that a bat formation is in the making with a target of approximately 1,290 before the next decline towards the strong support range of 950 to 1000, where this corrective wave A cycle will end and a reactive wave B will be initiated.

cfetrader

Extended Fibonacci ratio of 2.618 leads to an AAPL stock target of 147.43.

cfetrader

Gold has broken the wedge consolidation and prices are targeting (in all probability) the lows around 1,140, where the mid-term trend will be decided (a head & shoulders pattern is already visible on the chart). I believe that the TSP and WT indicators will give us proper guidance for our trading actions.

cfetrader

A Fibonacci target for SPX may be found with the aid of the 2007-2009 correction height. The 1.618 coefficient yields a target of 2,137.5. Furthermore, the monthly TSI has given (slight for the moment) sell signal, which means that a significant correction is to be expected shortly (within 2 to 3 months).