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My bullish count for RUT has it in wave 3 of (3) of ((5)). Wave ((4) bounced off .382 fib pull from March 2009 low and November 2021 high. The median line of the pitchfork seems like a lofty goal/target. I honestly would be surprised if it gets tagged, and if it doesn't, that ultimately predicts the October 2023 low will be revisited eventually.

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My bullish count has US500 (SPX) in wave 3 of (5) of ((3)) of V. Pitchfork and .5 fib pull drawn from March 2020 low and January 2022 high. I'm looking for the median line of the pitchfork to be tagged to complete wave ((3)). Key support is 5191.40.

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Bull count for ETHUSD. I see ETHUSD in wave 3 of (5) of ((3)). I'm looking for wave (5) to be extended, with an ideal target in the 8755.92-9398.47 range. I would expect this wave to complete late 2024-early 2025. I also expect the median line of the pitchfork to eventually be tagged. Wave ((4)) would pull back significantly but stay above peak of wave ((1)) at...

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Lots of ways to interpret price action off low of 4963.50. This count interprets price movement as a regular flat. From low of 4963.50, there are two impulse waves (red and orange ellipses) with correction in between forming the ((A))followed by a correction (yellow ellipse) forming the ((B)). From 5022.25, you have a large five-wave structure forming the...

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It seems like the leading diagonal is playing out. My bearish count has BTCUSD in wave 3 of (3) from high of 71943.26. Key resistance level is now 64522.99. Key support levels at 60182.55 and 56547.64. Below 56547.64, .5 through .618 fib retracements would be next areas of support to look for.

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This analysis compares NDX, SPX, Dow Jones Transportation Index, and NYSE Index. This analysis assumes that the indices are highly correlated and at similar points in their larger Elliott Wave structures. This assessment views NDX, DJT, and NYA data as the primary wave 5 of SPX, whose data goes back into the 19th century. NDX, had an extra impulse wave to...

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My bearish count has BTCUSD price well outside the pitchforks drawn, with price not touching either median line. From local high of 71943.26, price has formed what looking like a leading diagonal (1). Rapid price drop below 64000 would be consistent with this analysis.

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The price action from October 2022 low to October 2023 low can be interpreted alot of different ways, so let's ignore that data for a second. From October 2023 low of 4103.78, price action has been much more clearly impulsive (at least until April 2024 low of 4953.56). If this is to be interpreted as a five wave impulsive, from start to finish, then (1) is...

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My current count has a leading diagonal (A) or (1) from 18246.51 to 11946.21, corrective wave (B) or (2) up to 16717.04, wave 1 of (C) or (3) down to 13471.47, and wave 2 of (C) or (3) up to 16273. I'm looking for DJT to roll over and go after the median line of the pitchfork. If this were to happen, I would assume equities are at or near the top.

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I think bulls should be a little concerned about yesterday's price action. A complete impulse from high of 3974.38 down to 3427.51 would have made for a nice expanded flat. However, price broke the low of 3427.51 down to 3362.91 before forming an impulse up to today's high. It's certainly possible that yesterday's low at 3362.91 was the completion of the expanded...

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I've been playing around with different bearish counts, assuming the top is near. This one has the COVID-low completing an expanded flat of subwave (2), rather than it being a wave (4). This would explain why October 2022 low did not extend further to approach the wave four of a lesser degree; it stopped short so as to not overlap wave (1). Wave (5) ends up being...

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My bullish count is looking for an extended ((5)) of iii (in blue), with an ideal target of 8755.92 to complete the iii. For this count to fly, price would need to get above 6000 at a minimum to complete the iii, so that there is room for a proper iv (in green) to stay above 4867.81.

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My bullish case for ETHUSD would have a completed impulse off low of 2814.12 for a wave (1), completed zigzag (with leading diagonal A) for a wave (2) with support off of pitchfork and .5 Fibonacci retracement.

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XAUUSD does not look very bullish at the moment. Key resistance at the moment is 2387.71; any move above that price would confirm the zigzag and give the bulls a sigh of relief. Most bullish scenario is in green, with zigzag already completed. Count in yellow has a larger C wave down below 2200. Most bearish scenario in red, where XAUUSD completes a full 5-wave...

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BTCUSD's bullish price action is not very encouraging. It has fallen outside both pitchforks without tagging either median line. I suspect that price will continue to fall, and supports at 60182.55 and 56547.64 are likely to be challenged. If 56547.64 support breaks, 46000-52000 might be a nice dip to buy. I do expect at least one more push up to ATHs to...

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Chart comparing ES1! and YM1!. YM1!'s move down from 40213 to 38111 looks impulsive, bounce off 38111 looks corrective. I'm looking for YM1!'s resistance to hold at 40213, and I expect ES1! and YM1! to both have two impulse waves down to complete their respective (B) corrective waves.

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I have been keeping this count alive, with the idea that the price action from the October 2022 low is completing the B wave of an expanded flat. I am looking for the (A) wave to complete its impulse before 5532, after which I'm looking for a correction (B) towards the 4800 level, likely a zigzag. I expect it to be rather volatile.

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My most bearish count for ETHUSD. It has price action after March 2024 high as a regular flat (zigzag A, regular flat B, impulse C predicted). I think this case has merit, with equities looking like a temporary top is incoming. If correct, I'm looking for price to break 3000 to be a buyer.