1 target - 42600-43000 2 target - 36000 3 target - 40000-44000 next go down to 28000
Triangle with target 1.20. After should fall down bellow 1.10 - 1.0
First target is around 60 USD and after correction back to appx 10-15 USD maybe 0-5 USD
I don’t know how long it will takes, but according to the analysis of Elliott waves the target is 123
Since February 2009, there is an upward wedge of the heels of the wave. As a rule, a wedge is a reversal pattern with the target of starting a wedge. In the long-term perspective, a return is expected to the levels of 2009, more precisely 3200
Wave C with target 58.6-59.6 before that a slight down correction (56 or 55)
What is it? The first wave in the third in the fifth or fifth in the fifth? The third wave is usually a powerful impulse. Even the first wave shows a clear impulse. What we are seeing is either a divergent triangle or a wedge. The fifth wave can be a wedge. Our analysis of waves in a wedge even satisfies Elliot's law for impulse: the bottom of the fourth wave...
First Target 5K (4th wave of the impulse) than new impulse with target 11k which will complete the wave B (It will be a zigzag)
Expect market decline to the level of 2016. This will be the 4th wave of a large cycle that began 20 years ago.
By the end of the year we expect a target of 1800. There is a correction since 2008
Flat correction. Descending expanding triangle. Immediate target 1.24
Now we are in the lower border of the trading range. We expect growth to 1.18
In any case target 7100 - 7200. Then same options as in S&P500