I've been publishing the beautiful elliott wave structure of gold. It has nicely followed all the expectations. Wave 4 correction will begin shortly.
This is the structure that i have been tracking since that 2009 bottom. It has been an enormous rally, but now that structure is complete. A deep and long correction is very close.
Yes. It's over. Full five waves have been developed to complete all the upside movement from the October 2022 bottom. The S&P500 has now completed 5 waves from October 2022 and has completed 5 waves from March 2009. The market is going to see a very deep and long correction.
A few months ago I was thinking that BTC was going to develop wave 5 towards 180K. But this behavior is not very encouraging. I have this alternative count in mind: A more complex wave 4 where this top is wave B, and we will see a C wave down to have an ABC flat pattern to complete wave 4. We shall see
As posted on last December, gold is building wave 5 with a text-book elliottwave structure. Now in wave 3 of 3. A move back to ext 0,618-0,764 is expected to complete wave 4 of 3. Then it will continue up to follow the shown trajectory.
The Nasdaq 100 has now 5 perfect waves to the upside, meaning that it has completed the structure since 2002. A devastating correction is very close.
On may 2022, I wrote that BTC was working on wave 4. BTC ended wave 4 where it had to, and now it finds itself on its way to the ideal target of 180 K to end wave 5. Actually this structure is an academic example of a beautiful elliott wave pattern.
Gold ended wave 4 and now has a powerful 1-2, i-ii elliott wave pattern . Target 3500
Nasdaq needs one more high to complete yellow wave 5, right at the confluence with ext 2,00 green. Typically that means that all of wave 3 is about to complete. Next it will correct on wave 4
This final structure in AAPL is an ending diagonal. Here I show the detailed pattern. A series of abc's for each 1,2,3,4,5 segments. It's too evident that AAPL needs that OMH. This Ending Diagonal puts an end to a very large structure. After that AAPL will begin a very large drop.
This chart shows SP500 futures since 2009. The current correction is wave 4. Now building wave C of 4 with an ideal target of 3000 - 3200. Final wave 5 resides at 6000
Gold is about to end this ABC correction. Wave 5 of C of 4 is in progress. Ideal target is 1575. Next upside target is at least 2500
SHIBA INU completed 5 waves to the upside as wave 1. Now SHIBA is trying to complete wave 2 as an ABC structure. One more little low will complete wave 5 of C of 2. Note that there is a nice confluence at the end of wave 5 of C of 2 and the 0,618 retracement.
Bitcoin topped in wave 3 and has been in a clear correction in wave 4. ABC correction is almost over. Wave C is a five-wave structure with sub-waves 1,2,3 done and wave 4 in progress. One more low is sub-wave 5 which will put and end to this wave 4 correction. 22980 is the ideal value to hit before Bitcoin continues its ascending path towards184000 wave 5 ideal target.
Triangles happen in 4th waves, and silver has clearly developed a nice wave 4 triangle about to end. In a few weeks silver is going to work it's way to an ideal price of 40.
Financial sector has also ended wave 4. Almost every chart show the end of wave 4. Some assets ended wave 3 in september, other in november or january. Market in now going to develop wave 5 UP
GOOG has completed wave 4. Market is now in the first stages of wave 5 UP
Virgin Galactic has developed an ABC downside corrective pattern. Now it seem to have ended wave 1 and 2 to the upside. Is it ready to fly to the stars? www.youtube.com