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The Yen index trades at a really interesting level as we head into the BoJ rates decision. We're trading at the 1.61 extension of the previous bull trap. This is a big make or break level. A lot of consideration does have to be given towards the bear break. In a bear break the 1.61 hits. 1.27 often retests and then the 1.61 break. If that happens, Yen can...

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In the hours before the election result I posted some longform swing plans on SPX covering the event of a 1.27 hold marking a low. The stages of this would been a parabolic move off the 1.27. A run up to 2.20. Some sort of stall there and then a follow through to 2.61. We now have all stages of that and in the 6050 - 6080 area I exited all my SPX longs taken...

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Here's a simple template that can help you to draw good fib extensions off different useful swings when the is a possible Elliot wave pattern. This should help to flag up the high probability areas in a nice expression of the Elliot pattern and also give you warning levels to watch along the way in case the nice simple pattern fails. We're going to focus on...

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BTC recently hit the 1.61 extension of the previous drop. When this 1.61 is met in a breakout, there are three main things that tend to happen. One is a reversal. Exceptional spikes ending at 1.61s can be found at the end of many trends. That would be a rare thing in this context, but it's always worth trailing stops at 1.61s. A more common reaction at the...

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In this post I want to share with you an idea I've shared with my friends irl who have market exposure. Heading into the 2022 high I strongly encouraged my friends to sell stocks. We were heading into a multi decade resistance level and I'd put the odds somewhere around 80% there'd be a notable reaction to this level. Could be a pullback, could be a crash. If...

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I honestly wish everyone in the market well and I hope things work out for the bulls. I'm not a salty person hoping people lose just for the sake of it, but some people really need to get a grip. Every single time I discuss crypto here people DEMAND I adopt their point of view. Even although I thoroughly explain my methods. Have a track record of catching many...

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Building more on the idea of a USD crash explained in previous ideas, here's the silver setup. Silver has a pending butterfly reversal patten on it. Currently we have a 1.61 high and a pullback to 1.27. From the perspective of USD bulls, the 1.61 high is encouraging but the 1.27 has to break - otherwise, failure of the butterfly is very likely. Failure of the...

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Here's a complimenting USDJPY analysis to the C leg hypothesis explained in the below post. I've been buying USDJPY a lot recently. Heavily loading up into the aggressive crash moves intraday, moving stops to even and by this point fully expecting that nice clean rip to new daily highs, where I begin to trail stops and look to repeat into the next crash....

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I think we're at a major point for USD. It's either about to make a strong bullish breakout or the failure of that implied a sharp down move in the dollar. I've been very bullish on the USD for a while and will be ultra bullish if the following breakouts can be made, but this is also the point where it's best to prep for the failure of the USD bull move - which...

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In 2022 SPX hit the 4.23 extension of the 2008 crash and went into about a year long bear move. Now we're trading back above that and around where I'd think max reasonable tolerance for a 4.23 false breakout would be. Major 4.23 breakouts are historically exceptional events. In this post I'll show you examples of what happened on breaks of them. Let's...

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Anytime a forecast on BTC is made using methods outside of the accepted ones or making forecasting outside of the popular models, invariably the same floods of comments come. People always assume you must; Not know about (the thing we all know about). Hate BTC (or whatever the thing is) Want the world to burn

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Many people here are eager to explain the bets people should make based on the halving but they're never willing to answer the obvious questions about the hypothesis. Here's a collection of questions I must have asked here 100 times in replies to my posts that I've still not gotten an answer to: Why the indices correlation? When you run an analysis on SPX...

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ETH filling the 76 retracement of what would be wave 3 if this was a downtrend. Projected full EW if the pattern plays. Optimal entry levels now. We'd typically be inside the end of the blow off here in a bear pattern.

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The big W spike could have been an important top for BTC. In times we have topping patterns we usually see the retracement levels hold 76/86 and then reject. When this happens we often seen wave 1 of the reversal in the obvious break. Wave 2 is the "Return to normal" bull trap (76 correction). When these are in place and waves 3 and 5 come, these tend to...

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Concurrent with the indices being at major inflection points crypto has broadly also filled major inflection points. Let's look at the different setups. First we have SOL in the main chart. Inset is the BTC high before the 2022 bear market. Different in a few ways but both the same general idea of a nominal spike above the previous high that fits inside of a...

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The other day I posted the confluence of resistance patterns in alts. They are now down 10 - 25% depending how much of a gamble the bet was (My idea is if the price starts 0.00000 then there are numbers, this is probably a gamble). Let's now map the typical downside break path. We're going to use the norms of breaks of 1.27 - 1.61 zone. 2.20 - 2.61 zone and a...

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SOL has a big pending butterfly reversal. Here's the typical things we see if and when there is a butterfly reversal. The first drop is usually consistent until it takes out the low of C. This is a breaking of the uptrend but it will usually setup a bull trap. There will be a parabolic bounce. Some chop. Second parabolic and then reversals typically come...

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Big W structures are all over the market. Harmonics are probably the most useful thing I know in terms of accurately predicting the important inflection points in markets. When there are harmonic reversals, they tend to come in essentially right on the nose (with a bit of stop hunting) and the failure of harmonics as a reversal is typically a strong trend...