wolfah

wolfah Updated 

Watch carefully!

wolfah Updated 

AAPL (weekly) in LT- and MT- rising wedges. Probably a (unfinished=?) Primary "Extension1"-pattern. $200 target still valid?

wolfah

Today, AMD's consolidation has been confirmed. This will probably be a "Intermediate-wave 2". See Fib.-Retracement levels in the chart. -This stock is still hot, but taking into account the overall market situation...

wolfah

AMD (1h) made a 0,618 retracement (ZigZag). Correction seems to be finished. Next target last ATH!

wolfah Updated 

DAX (2h scale), due to the Daimlers & Co., is in a "Minuette"-wave 4 correction (ABC-ZigZag; wave 5 of the final leg "C" of an impulsive pattern. Best seen on a 1'-scale.) Target (0,382) for this wave could be 12000 - 12125 area. Target could be reached in the coming 3 trading days.

wolfah

NDX, obviously finished a "Minuette"-wave 4 correction (ZigZag 0,238) 2 weeks earlier as predicted and is now in wave "5"! Nearest st-target could be, the breaking the old ATH at 5900. For this wave "5" as a whole, the target could be 6220 (right below the blue line, Fib. 1,000 of wave 1 after an extended wave 3). There is still a "Minute"-wave 3 to be expected...

wolfah

DAX (1d and 1min scale) in both cases finished "Minuette"-wave 4 with a RunningFlat-pattern. The last leg has had a clear impulsive wave! It also had been a retest of the prev. ATH! This correction was less than Fib. 0,24 but minimal 0,1 or 10% is allowed for a wave "4" in very strong markets). Nearest Target for next wave 13160.

wolfah

Last Friday, MMM (daily and 1' charts) seems to have finished a "Minute"-wave 4 correction as a "Running ZigZag". Next 1,618 Target = 211,68 for Monday and 219,65 for the coming 2 weeks.

wolfah

Before starting with DJI (daily) in detail, we need to know, that the major Indexes have little correlation among each other right now: The Dow Transportation Index (DTYO) has finished a wave "4" (2017-05-19) and since then, started a "Extension 5". The NDX is still in a corrective wave "4" pattern, which could be a ABC or WXY sort of thing. The SPX (best...

wolfah

Yesterday, NASDAQ (D) is in a "Minuette"-wave 4 and has probably finished the first corrective part (W=Failed Flat=?) of a "Subminuette"-WXY-combination. (Please keep in mind, this could also be a ABC-correction!) Now, NASDAQ is in an upswing, which should be relatively strong (after a preceding "Failed Flat"). Target for this wave could be 5850 and above and can...

wolfah Updated 

As described before in (20a), AMD is still in a "Minute"-wave 3 and is just about to finish a "Subminuette"-wave 4 correction ($ 14,12 - $ 1380). 0,24 Fib.-level = $ 13,80. A possible worst case scenario could be $ 13,27 (retest of the blue trendline), which I don't believe.

wolfah

AMD (1h) is still in a "Minute"-wave 3 (!) and is beyond the red trendline. "Minute"-wave 2 has definitely been a ABC Correction. This does not allow any other counting, as shown above! Next target for "Minute"-wave 3 could be at least $ 15,50 (last top) or above! See related idea on a 15'-scale.

wolfah Updated 

AMD Consolidation seems to be over! Rally starts prob. on Monday, Tuesday (Wave 3).

wolfah

Just to let you know without the usual counts. Let's see what happens.

wolfah

Wave c (we are in now) has had an impulsive pattern. Enter long below 12677 ( Fib. 1.62x) Last small impulse wave could be truncated. Careful!

wolfah

DAX could be, either in a Expanded Flat-corrective pattern with target 12312 (level of the prev.ATH), or in a WXY-pattern with target 12525.

wolfah

MU ST target could be $ 36.50 (High as of 05.12.2014)

wolfah

DAX after "Minuette"-wave 2 (almost 0.382 retr.) has also finished a "Subminuette"- and "Micro"-wave 2! First target 12984!