I can see the whole up move from the beginning as corrective so for long term, it is nothing. However, short term, I am expecting a new wave up to $5 as an initial target. Note: I am assuming that the B wave is gonna be a triangle and that might be wrong later however, this will not change the direction. GOODLUCK!
We reached the target of abc down and should head to new ATH. Any break down however, will suggest a massive wave down. GOODLUCK!
MSFT got rejected hard at strong long term FIBO level. Be careful of a strong follow up to the downside! GOODLUCK!
Looks like complex Wave 4 in progress and should terminate around red box area and from there go down to form another low. goodluck!
Not sure what could push it that high and I understand that it would be a crazy move but looks like it's worth a try. RSI diverging to be bullish. Support structure at the green area. GOODLUCK!
I still see the drop from 72 as corrective and I think we are likely gonna see a new high around 150 area. Last week was formed strong weekly candle with reasonable volume so a follow up would be great to confirm. GOODLUCK!
If Wave 4 to finish at my target of 2088 then we might start Wave 5 to 2.5k and ideally to 3k target. If this level gets broken then the next support level is 1920 GOODLUCK!
Looks like SPX500 in wave 4 correcting down to the green box area. I do not think this is the major top for the big crash but still another high to come and to top around April 2022 time around 5.5k GOODLUCK!
Assumptions: 1- Yellow Wave 5 of White Wave 3 Failed (Truncated) 2- Wave 4 White is a Triangle TP1: 1,037.05 TP2: 3,302.58 Date: 11th Feb 2022 Confirmation: 255.69 Invalidation of Triangle: 145.22 GOODLUCK!
Crude Oil completed Wave 5 as truncation. We should be completing Wave B on bigger degree now. Target should be at least 40/50 area We are waiting for a retest of the trendline channel for selling. GOODLUCK!
Medium to long term, Gold has a lot of scenarios however for short term we had an impulsive wave down and now we should see a pull back to the box and from there another 5 waves down in either wave 3 of wave c of e of bullish triangle. Potential sell area around 1815/1833 Target: 1700 area GOODLUCK!
Complex correction should be done and Y Wave ending as Triangle. Confirmation: 20.64 Invalidation: 17.03 Target: NEW ATH GOODLUCK!
Wave 4 down and still Wave 5 yet to complete. Target 1430 Next Support level: 960 GOODLUCK!