wolfah

wolfah Updated 

AMD did not get the boost, needed today, for an upswing. My new counts show further downside potential. Be aware, wave 1 (blue) is a Diagonal! Next target bcould be 1,618, $10,79 for wave 3 blue!

wolfah Updated 

On 16-02-2018, DJI retracement off the lows of last weeks, has been 0,618 (25442,0). This is normally the topping level of a wave b! During the last two sessions, DJI seemed to consolidate in that high region. This could be a sign for a further upswing (wave b in a Flat-Pattern, target 26400) -On the other hand, there is enough downward potential for a wave c...

wolfah Updated 

AMD has been probably in a (blue) "Minor"-wave b during the last two days, which seems to be terminated (0,382 of a). The following wave c must be at least 0,618 ($13,03) of wave a, but often, the A:C relationship is 1:1 (target $13,78). Furthermore, a "Cup with handle"- pattern is possible (red dotted line).

wolfah Updated 

NASDAQ above horiz. neckline!

wolfah Updated 

SPX, currently and probably in a wave 4c. The whole pattern of this abc correction could be a "Expanded Triangle" or a "Expanded Flat" (Target in both cases could be for wave b $3000). So far, wave b is still in its first leg , with a "Extension1" as first wave at the beginning. Remember, the following wave 3 can never be the shortest wave! That's why, I suppose,...

wolfah Updated 

AMD in wave 3. Target for next week: 1,618 $13,45

wolfah

can't see a inverted SHS for AAPL...

wolfah Updated 

Yesterday has been a nice opportunity to buy stocks on a cheap. DAX is now inline with other indexes and probably in wave3. First resistance: Lower (red) line of the trading channel at 12631 (1,618).

wolfah

1,618 SR Target 180. Next week?

wolfah Updated 

DAX's last leg 4c as a clear "Extension3"! Tomorrow, the bulls will be back again!

wolfah Updated 

AAPL correction as an Expanded Flat completed! Last öeg C has been a impulsive wave. Be aware, the following wave 5 is often very powerfull! Targets above $200 are possible!

wolfah Updated 

Termination of "Minute"-wave 4 (blue): SubMinuette wave 5 (grey) is probably a Truncated5 with a "Micro"-degree wave 5 (green) as a "Extension1"-wave pattern. If the black support-line will not be broken today, then...

wolfah Updated 

Probably 2nd test of the prev.ATH-line (black). Final leg 5 could be truncated. All depends on the opening hour of Wallstreet!

wolfah Updated 

DAX with exhaustion gap! Carefully go long. Chart self explaining. Next target 14500 to 15000 area

wolfah

INTC still in Minuette wave 4. This wave can be a "Expanded Flat", which wouldl stop at $42 or a "Running Flat", which terminates at $44.

wolfah

IBM terminated a Runnung Flat2 at Fib.0,50

wolfah

DJI: ST very oversold situation! 0,24-target for a wave 4 of an Extension3-wave reached!!! For a Extension5-wave the target for wave 4 would be 0,38 at 22500. All depends on the red dotted trendline, if it gives sufficient support or not. - In both cases, the Dow should get a little boost today! Keep you posted.

wolfah Updated 

DJI in consolidation! Next target prob. at 24000 (0,24)