mikeoakster

mikeoakster Apr 30, 2016

Last support before going to fill the open gap?

mikeoakster Apr 30, 2016

Waiting for confirmation.

mikeoakster Apr 30, 2016

Log scale is the critical factor of this analysis.

mikeoakster Apr 10, 2016

Price reached the top of the channel as I've been posting since two months ago, and last week was the first one not making a higher high since the February's low. After eight weeks of buyers' control (white heiken ashi) in a row, Tenkan Sen remains below Kijun Sen, both remain below the Cloud, and future Kumo remains bearish, meaning that, while price and Chikou...

mikeoakster Apr 4, 2016

My main long-term count. For those who know and value Ichimoku, be aware that, on the monthly time frame, in the first day of April, Tenkan Sen is already threatening to cross below Kijun Sen... and for that not to happen, the index will have to reach 2134,70 in April... Highlighted with orange ellipses are most recent Tenkan/Kijun crosses, so you can realize its...

mikeoakster Apr 1, 2016

Will 2048.9 hold for wave 4?

mikeoakster Mar 31, 2016

Back to my very first idea...

mikeoakster Mar 29, 2016

A triangle could be in development, anticipating the final wave.

mikeoakster Mar 27, 2016

The first candle completely below the blue channel happens to be a hammer... If the hammer is confirmed, it could be enough to take price to the top of the brown channel. If the hammer is invalidated, next target could be the middle of the brown channel. Note: the color of the hammer's body is incorrect, as the closing price is greater than the opening price....

mikeoakster Mar 24, 2016

Hello! Price approaches the top of the declining channel, and what happens? Price starts breaking the rising channel to the downside... In other words, the current rally looks like a counter trend wave, being the major trend a downtrend, as determined by the declining channel, which is the major one. Therefore, it we get price action completely below the rising...

mikeoakster Mar 20, 2016

Structure and pattern analysis. The bad news is the rise from March 2009 being corrective... The following "good" news would be the current downtrend being corrective, which would mean one more leg up to finish wave X. The following bad news would be the current downtrend breaching the base of current channel and then turning impulsive, which would mean wave X...

mikeoakster Mar 17, 2016

Good evening. It appears to me we are approaching the end of Minuette wave y of Minute wave iv, just like it happened with Minuette wave y of Minute wave ii. The internal structure of the current uptrend seems to me as being a corrective triple zigzag, being each zigzag contained in its own channel, and never challenging the top of the channel, by the contrary,...

mikeoakster Mar 13, 2016

Making some adjustments, while maintaining the plan.

mikeoakster Mar 5, 2016

The remaining roadmap for my proposed leading diagonal could be like this: 1. One more day to finish Minuette wave w, with Subminuette wave y being equal to Subminuette wave w in price and time, in confluence with a descending resistance trend line. 2. A retrace of 50% in price and time to complete Minuette wave x, in confluence with a descending resistance...

mikeoakster Feb 28, 2016

Hello, traders. Current rally since Feb 11 seems to me like this: - Micro wave W: triple zig-zag. - Micro wave X: zig-zag. - Micro wave Y: zig-zag. The internal structure of Micro wave Y appears to me as being finished, having: - Submicro wave C (not visible on the chart) reached almost the size of Submicro wave A. - Micro wave Y...

mikeoakster Feb 21, 2016

It seems to me I can keep my plan for now.

mikeoakster Feb 15, 2016

Two weekly hammers in the last four weeks... having the latter invalidated the former... it seems to me there is someone out there trying everything for price not to leave "the" channel (the red one)... Let's see if the market confirms last week's hammer and manages to reenter the channel and to break previous week's high at 1947.20, cause, if I'm not mistaken,...

mikeoakster Feb 7, 2016

I was expecting Subminuette wave c of Minuette wave w of Minute wave iv to complete a measured move (at 1969), but a doji took place at 1947, between the 61,8% and 100% projections (near an important trend line), and was then confirmed by the following candle, so Minuette wave w was done and it was time to go down for Minuette wave x, which Subminuette wave c...