According to NQ1!, RTY1! and YM1! we are likely in the corrective wave (iv) which might be rather complicated for the bears Anyway the confirmation of the bearish trend will be after the break of the green bullish trend line (2)-(4) BE CALM AND and stay on
According to NQ1!, RTY1! and YM1! we are likely in the corrective wave (iv) which might be rather complicated for the bears Anyway the confirmation of the bearish trend will be after the break of the green bullish trend line (2)-(4) BE CALM AND and stay on
No.5 Google (faanG group) Short: Target 1340$ EMA200D (15% drop) Wave (I) within monthly timeframe is ongoing
No.4 Netflix (fanNg group) Short: upon completion of wave (v) of (5) of (III) Target 400$ (30% drop) Wave (III) within monthly timeframe is ongoing and is being corrected by wave (4) The stock is NOT so overbought as 4 other FAANG stocks. The historical overbought level was in July 2018 (within weekly timeframe)
No.3 Apple (faAng group) Short: Target 300$ EMA200D (25% drop) Wave (V) within monthly timeframe is ongoing The stock is overbought more than the drop of Feb-March 2020 and is currently on historical overbought levels according to daily and weekly timeframes
No.2 Amazon (fAang group) Short: Target 2700$ EMA50D (20% drop) Wave (III) within monthly timeframe is ongoing 1. The stock rallies very fast and smooth (without any sharp corrections) what makes difficult to count the waves within daily timeframe but 2. The stock is overbought more than the drop of Feb-March 2020 and is currently on historical overbought...
No.1 Facebook (Faang group) Short: Target 200$ (20% drop) Wave (I) within monthly timeframe is ongoing The stock is overbought more than the drop of Feb-March 2020 and is currently on historical overbought levels according to daily and weekly timeframes
6E1! FU Short: Target 1,11250 Wave (I) (within monthly timeframe) has completed. Awaiting abc correction to place wave (II) and afterwards long-long-long from EMA200D
SHORT: Target 131 (end of wave {a}) 10 Year T-Note Futures 1. is on historical max 2. is on historical overbought level according to weekly timeframe 3. has completed its {5}-(V)-(5) structure within monthly-weekly timeframe 4. is close to complete wave (v) within daily timeframe – which is the last one preceding to change of trend onto bearish P.S. wave layout...
SHORT: Target is 40$ (BZ1!) However: The current wave (IV) is the next-to-last wave in general downtrend/correction since July 2008 (on monthly timeframe). Upon completion of last (I)-(V) out of last {C} the trend will change and the targets will be (80$ and then 140$) Here it means that either (IV) or the last wave (V) will be complicated. In other words: If...
I believe the uptrend (I)-(V) within the Month timeframe has started and this is the way to 20K USD. You can safely take a long and drive over wave (5). But then we should expect the abc correction (I)-(II) which will go down to 7200-7600. So if you are the "intraweek" trader of bitcoin, the best solution is to long at point (II) and stay wealthy and rich until...