Doha, earnings season, opex week /next/ and last wave in the impulse - an explosive mixture. GL! thepatternsite.com
Happy Easter Europe. Happy Easter my lost World. "Truly man is the king of beasts, for his brutality exceeds them. We live by the death of others. We are burial places!" /Leonardo da Vinci/
Well ... I'm still bullish on the US indices. We are waiting for #ECB, #PBOC, #FED and #BOJ. I expect another rate hike in the US. GL! How to count the current up leg ? en.wikipedia.org
... without full conviction, but but the VIX suggests another LL . The last week in February would be strange. The situation on $XIV: www.investopedia.com
The euphoric market is just asking for trouble.
Well ... we are one step over the precipice. The market is waiting for another #QE made in Japan. I hope that the strengthening of the yen is temporary and sell signals will be canceled.
'Mixed feelings, like mixed drinks, are a confusion to the soul' (G.Carman). The basic question is, whether the move from the top of the 9th Sept. we have an impulse or not. ... I cannot in good conscience to say YES. elliottwave-forecast.com
Elliott Wave Principle this 'theory' of linear charts. #China & $OIL - these are two indicators which in the next week will lead the markets. This is not my favorite scenario - but carefully short near the #EMA55 would not hurt .... GL! thepatternsite.com
... strong downward trend, which does not intend to end. Perhaps nature itself will do it instead of the market. Sudden Stratospheric Warming is coming. In brief - another attack of deep frost will damage winter $wheat. Chances for now: 65/35 GL! www.youtube.com fortune.com
... so - this is a continuation chart. Bottom of the January contract was $26.19 /via #CME/. Has $OIL ‘definitely’ bottomed ? ... - #IDTS. But - I am a speculator - not a scientist ... current direction - NORTH. GL!
... imo - this is /for now/ not elliott's regular flat - but pattern in progress ... is the ordinary ABC enough for us? thepatternsite.com
... imo - on the chart, we see two very rare formations: the triangle where one of the sub-waves is itself a triangle, and complex head & shoulders pattern. In a small triangle - minimum level for the wave e /orange/ is reached. thepatternsite.com www.elliottwave.com
... imo - in the seventh wave is still missing one sub-wave / without the next extensions /: ... If the above assumption is correct: GL!
According to the Chinese horoscope - we have a year of the goat. Goat brings gains on stock markets and peace in the world. Hmmm - if you know the goats - you know very well that it are stubborn and mischievous beasts.
According to the Elliott Wave Principle, if third of wave, goes beyond channel of the current trend - we have definitive proof of the extension in this wave. Sometimes - when I am looking for an idea for a play - I think of my master. Ralph always said - sell the extension! The problem is the range of the third wave. Maximum easy to determine - from 2120 to 2140....
... still bullish on the $SPX /in long term/. ... I still think that we are in the fourth wave. This is dovish #FOMC scenario. thepatternsite.com
... George Lindsay also identified variation on his famous pattern where Domed House formed first & was then followed by the Three Peaks part. This is my own mutation of this variation - double bluff. www.traderslaboratory.com
... if this is a Ending Diagonal - in wave C we are lacking one sub-wave ... but ... beggars can’t be choosers ! ...imo - the weather in the North Sea and tension between Iran and Saudi Arabia, will give us growth. www.britannica.com www.usatoday.com