SPX just confirmed a Z wave, I believe we should soon see resistance against the upside, before visiting down against the Orange 3200 MA line. What follows will be a B wave to previous highs OR impulsive 12345 waves up Breaking new highs
Everything everywhere is still set up to go down, fibonacci relations from previous months are still valid turn around levels, It all depends on wave principle guidelines and where they finally complete. WXY chart labeling can always X-Z in formation, an potentially infinitely expanding interval of waves. WXYXZ as a complete structure can form an X wave followed...
I'm pretty sure that if there are no clearing red bars around the white 800MA , the green 200 will cross over the ORANGE 3200 MA on the 1 hr so about 187$ or so or higher is my target This applies like virtually market wide - XMR C waves are super direct nowadays and will more or less glide diagonally to that fib range My lower target still stands, I think the...
Might be too early to call, but the gap between the 3200 and the 200 may close very soon Green power bars will pull the 200 over the white 800ma, and from there we will see how much power presents itself to head towards the 3200ma Possible 5 waves are in, i count a truncation, but It can be hard to tell without a clear wave 1 ahead of us Target is 39$ or near...
I believe the next 6-12 months will put the s&p potentially higher than my previous target, depending on whether or not this is in fact the start of a wave 1 of 3, part of the 5th wave of a higher degree (purple) wave 3. If current turquoise wave 3 is extended, then wave 5 will more than likely perform a "throw over" in relation to the 45 degree channel in this...
One of two things will be clear soon, if we dip into wave 1 territory again, it will be continued as an X followed by a sharp Z wave up, then larger degree Z wave down through the 3200MA If this continues as an impulsive, which it does on lower time frames then it might be time for a new high for the S&P 45 degree parallel channel
In case you haven't noticed, Silver hasn't really felt fluctuation like the rest in 2 years This type of momentum feels like compression, as we approach the end of super-complex waves market wide, This could be the end, or the beginning of much larger WXYXZ intervals the 3200 MA is 16x the 200 MA, peek at how the s&p reacts to its daily 3200 If the 20 MA is being...
S&P isn't done yet either -Lowest ma is 8k Could stop at wxy, but it will still play out in extremes
Little more up then down ? nearing the end of something big within a year or two possessive power is more valuable than ever using bitcoin
Not much else to say except a buy zone near 3200 and .382 chosen from % Target for $PSLV is 31$ .... Sprott etv's are heavily weighted to the price of silver, which for decades has been accumulating in extremely complex impulses and wxyxz corrections. The book that I learned wave principle from contained a late 1970's prediction based on the massive...
Look closely if you are interested, each one of the red lines that are mixed into these measurements are legit, valid points of pressure Look closely what sizes I'm measuring, its pretty interesting to see how the dump was exactly .618 of the size of the crash from 0.00$, currently bouncing from the .382
Don't get burned during the next B wave, accumulate - don't necessarily sell here C waves in monero often are pretty swift, on all time frames The past always mimics the future - use moving averages
XMR and probably Bitcoin too - wish the bitcoin chart looked like the btc/rub lol
Not a trade, I'll always post a general .618/.382 spiral when I find them pausing trading does nothing for wave principle
Waiting for the 20 moving average to start heading towards the 200, long term should do really well. I'm thinking somewhere in this blue circle we'll see a reversal to some high points
If it breaks through this giant pitchfans lower support line then its most definitely going to dump to sub 100$ giant red Candle Bitcoin isn't done and the stocks can't just keep going forever, what goes up must come down as fast as it went up
Counting back to the 1800's. on a "Grand Supercycle" level, wave 3 began in the 1930's By the beginning of 2000 we began an inherently Large ABC correction, ending with an (easily observable, in my opinion) C wave after a "throw-over" B wave leading into the current primary wave 5. I believe that Elliot wave guidelines cannot be broken, Therefore labeling human...
The real question is, What sort of human events will be occurring that will fall around the time these rates are sub 1%? Elliot waves will never break their natural guidelines but often have coinciding jolts on live market data - Human events only psychologically contribute to these visual happenings on a chart made by a immense collective of decisions. Given this...