When no-one is happy, that's usually the way the market will go. To much volatility to tag LONG or SHORT...but long term we are SHORT If your in a TRADE.... TRADE_YOUR_PLAN... not mine
This is about as optimistic as it gets. If your in a TRADE.... TRADE_YOUR_PLAN... not mine IMO, Sooner or later APPLE needs to make a NEW LOW...Its the most bullish thing it can do. Please keep your NASTY comments, to yourself...or make your OWN chart.
This is about as optimistic as it gets. If your in a TRADE.... TRADE_YOUR_PLAN... not mine
It’s possible the 10-yr treasury yield could settle down lower to Resistance Level 1 (1.40-ish) to complete Wave-C. Then from there the Yield could continue higher (yellow) or do a double-correction (red) to Resistance Level 2 (1.19-ish). Tagged SHORT for the expected short-term price action lower. If your already in a trade, TRADE YOUR PLAN.
For me the RED path is preferred, but I have to admit the yellow is 50% possible as well. Currently have my little toe in the US- equity markets right now, .... waiting to see which WAY the dollar decides
We are currently trying to decide which long-term price-channel is strongest. Which One ? Tagged LONG for the medium-term rise in either option.
TWO(2) options to think about. TRADE carefully. IF your in a TRADE, TRADE YOUR PLAN....Don't change anything.
If Reddit TRADERS knew a little more about Elliott -Waves their manipulations would have greater impact. ..we just need to be patient and let XAGUSD correct like it WANTED too. Tagged LONG for the aggressive upward impulse Wave-3 which will be following this Wave-2 correction. If YOUR in a TRADE, TRADE YOUR PLAN
Consider; The NAS could be forming a running flat (3-3-5) A-B-C corrective structure and is currently involved in wave-C. Expecting lower to sideways price swings. If your in a TRADE, TRADE YOUR PLAN
Carefully drawn Price Channel Analysis (i.e. a series of impulse channels and corrective base channels). Is often the first step to beginning an Elliott Wave count. Tagged SHORT because the anticipated corrective impulse lower LOOKS to have started, but remain bullish long-term. Now lets see how deep or not so deep EURUSD goes. If your in a TRADE, manage YOUR...
Rising as expected. Tagged LONG for the reverse but remain Bearish Long-term. Lets see if the Reddit traders can reverse this May 1st as the roomers are flying Waiting until May 10th will have more impact.
If your in a TRADE, trade YOUR PLAN. Tagged SHORT for the upcoming correction, However remain Bullish long-term
We are expecting Silver to form a double correction (wave-2), with very aggressive impulse (wave -3) to follow. IF your in a TRADE stick with YOUR Plan.
NOT calling THE BOTTOM yet, but after 7-swings lower we could see a neckline form as we go UP and then DOWN the right shoulder. Tagged LONG for the reversal up the shoulder. but I remain bearish long-term. IF your in a TRADE, DON'T change anything, trade YOUR plan.
This chart is for your consideration. Tagged SHORT due to the anticipated Correction, However IMO Silver's major trend is UP and remain BULLISH. MY trading PLAN, is NOT explained here, AS ALWAYS my personal recommendation is to TRADE according to YOUR Plan. STUDY the GOLD/SILVER RATIO its an excellent early indicator.
Analysis anticipating a nice correction UPWARD before continuing major TREND Lower. I have my OWN strategy which is not explained here, so TRADE according to YOUR plan. Tagged LONG for the mid term correction upward, however major trend will continue lower eventually.