Gold looking for targets of 1718 and 1692 for reversal.. If u are short watch for 1.618 or 1.764 reversals.... book partial profits at 1718 first and then if lucky 1692 ...after which expecting Rally...
Crude oil target 66 to 88 ... is currently in C wave correction... expecting sharp correction...
Gold sell stop loss 1960 target 1915 ... Gold sell targets are 1915 , 1909 1900 for truncated C wave.. If we get full C wave may target 1820 to 1835....
USDJPY looks bullish for target of 145 and 170 in 2 years .. Rectangle pattern target is 145 stop loss 122... Closing on strength for the week ... Cup and handle pattern for long term means 171 top possible 2 years...
NDX stop less hit at 13990 and stayed away .. Sell on short bounce to 13500 to 13700 and target 13100... Looking very weak Good that we took stop loss in our long at 13990 and avoided bleeding our longs... Keep strict stop loss say 2%..
BTCUSD next target 52K stop loss 40K ... Elliot wave 3 target around 52K possible in few weeks
NDX buy stop 13990 target 16350 in 1 or 2 weeks.. Currently seems to be we are close bottom around 14000 to 14310 before rallying for wave 3... expected target 16350
DXY is heading toward 96.5 first .. DXY seems to have completed minor Wave 3 and is developing Wave 4 and targeting 94.25 ...on monthly chart ... this method in few Years will go to 109 .... This view is invalid if DXY breaks below 94 or 93...which is bearish... This analysis based on Elliot wave and price action at various Fibonacci ratios
Short term bullish stop loss 37300 target 44000 ... as short term wave formation is visible.. and low formed around 34000 .... keep strict stop loss as 37300...
BTCUSD looking for 44K ... Looks like Wave 2 is completed recent low of 36K can be set as stop loss..
stop loss hit for NDX long and now there is chance of going to 13600 ..you can see the chart how it is respecting .618 resistance and i looking for target of 13350 to 13600... in coming weeks.. So sell on raise is right strategy
NDX buy Stop loss 14340 target 15475 ... NDX to start wave 5 in the small leg... keep stop loss around .5 retracement.. Go long to participate in wave 5 rally
NDX another view find support 14380 and then raise to 15600 .. We are close to neck line 14384... This is alternate to previous view... and slowly bounce to 15600 in coming week ... It looks like forming Head and shoulders.... We will worry H & S latter...for now some reversal possible as per Classical pattern support..
NASDAQ short term bottom 14000 to 14250 Then expecting wave 4 reversal to 14900 and then down again.. to 13160 to 13400 Note: Reversal to wave is incorrect in chart
I assuming we are still in Wave A ..of this correction after slight bounce to 17750 ... Nifty to find bottom of Wave A around 17351 and slowly form Wave B of this correction ..say retrace to 50% to 17850 and from there fall to 16200 to 16300 to Complete Wave C correction Best strategy is to sell on raise to 17750 to 17850 for a target of 16200.. not to jump immediately.
BTC Downtrend still in progress and sell target 37100 .. Corrective wave is expected to continue till 37000 ...Hoping correction will be complete at this level Sell in progress from recent high 51969 and hence 53700 would be stop loss
NASDAQ sell near 15600 to 16000 stop loss 16025 ... NASDAQ is III downtrend... may see 14900 or 15100... in coming weeks... as long as 16025 is not breached we see 14200 to 14500 in coming week
India Nifty 50 sell target 16400 to 16500 ... Nifty downtrend remained intact after it retracement from 17639 last week