... imo - #2017 it will be the last year of growth. Everything comes to an end. In the printing house also once ends the paper. In the short termt should look something like this: GL!
... on the chart we see Descending Broadening Right Angle formation /very strong bullish reversal pattern/. The market expects miracles from the #ECB. After #Italyreferendum Dragi is standing against the wall. GL! thepatternsite.com
..so - in long term I'm very bullish for $OiI. My private target for 2017 is level $70. But in short term, if I'm wrong with this idea /still active/: we have another alternative - the barier triangle. Outer line in this case, is nothing like neck-line from the inverse head shoulders: worldcyclesinstitute.com GL!
... program for the next two weeks: #OPEC meeting, Italian constitutional referendum, #Brexit on the #UKSupremeCourt, #ECB & #FOMC, #OPEX ... and finally #US election recount - be careful !!!
... very strong downward trend. I hope that the severe winter change the trend on the chart. www.cpc.ncep.noaa.gov
... it's easy - we have Double Top formation /return to $26 / or #Opec will surprise the markets and we will see huge movement to the North. GL! www.mtpredictor.com www.investopedia.com
... so - in the short term - I'm looking for Thanksgiving Top and correction in early December /Yellen?/. In long term - I'm very bullish for Trump presidency - but only for first two years. The Ending Diagonal is just one of the possibilities. Time is correct - the levels are approximate. GL! www.thepatternsite.com
I'm elliotician. Not easy to live with that ... ;) . Symmetrical triangle is a perfect fourth wave. According to the rule of alternation - we have an ideal impulse from the February bottom. But ... we are in the election time - from this structure is near to the strong bearish formation: Three Falling Peaks ... & situation on the chart will change in few hours....
Level from the June 30 /the bridge of Mars / still works as a support. The market must test it once more. When? Perhaps during the upcoming Jewish New Year. GL!
Lindsay gave only one example of a longer-than-normal Domed House/ formed in 1968/. 255 days instead of 221/224 from the bottom to the Coupola. Perhaps that we see another case. But first on Wednesday, our aunt must be a very dovish. GL! thepatternsite.com
... so - the only positive solution which at this moment comes to my mind /Leading Diagonal/. The index must go down to level of June 30. It is connected with Mars retrogradation. Below this level - we have confirmation of Three Peaks & Domed House. GL! thepatternsite.com
Descending Broadening Right Angle is a bullish reversal pattern. ... but it relates to a normal market. GL! thepatternsite.com
... above - the most positive solutions for the market in the short term. The rest - is only worse. GL!
... imo - chart suggests a rate hike in the following month. ... and an end of wave 3. in the December #2016. GL!
... so ... in the long term I'm still bullish, but I'm elliottician and I know, that correction lurks around the corner. GL! www.mtpredictor.com
... imo - in the long term: we are in the last /(5)/ wave in the impulse from the bottom #2009. For now it looks like Leading Diagonal /wave 1. of (5)/. I expect top in the December - and then pullback /when the market will receive real data from the labor market/. www.thepatternsite.com GL!
Very strong bearish formation. So ... bulls - get to work. Formation unrealized - very often is the beginning of sideways trend. thepatternsite.com
A few things: ... on Monday we have #notrading day in #Chicago. ... often in the triangle wave "e" is ...a triangle. ... the chart above is a only continuation graph. ... every year we have five contracts for wheat: 1. March - "H" : 2. May - "K": 3. July - "N". 4. September "U". 5. December "Z". Considering the above, you should look for bottom on the...