yuchaosng

04:52

yuchaosng Updated 

As explained in the video, I have 3 hits that suggests that we have hit the peak for Nasdaq: 1. Hit previous high made on 20th March 2025. 2. Fibonacci Extension where wave 5 = 1.618x Wave 1. 3. Entire wave e = 2.618x Wave 1. Important here is the stop loss of around 19978. This is a positional play, meaning to ride this position if it goes in our favor. Good luck!

yuchaosng Updated 

In my 18th March 2025 idea on Hang Seng Index, I said that an ending diagonal has formed for HSI and to prepare to short (linked in this idea). I also reiterate that it will be a sharp move down because that's what proceeds from an ending diagonal. Hang Seng Index had falled almost 1400 points since then. So what now? I believe that it is still a short because...

yuchaosng

Take note that there is a rule breach in this analysis where wave IV is in the price zone of wave I. Aside from that, I have drawn a 5 waves overlapping each other for wave 5 thus expecting an ending diagonal. The target of $5.22 is from the convergence of 2 Fibonacci extensions. Also, it is near to the resistance trendline. Thus the stop loss is placed above the...

yuchaosng

I see a 5-wave structure in Cocoa with the last wave as a potential ending diagonal.

yuchaosng

Where to short AAPL? I think the red line price of $219.71 is a strong resistance because it is the price where there were 2 previous lows (first 2 red arrows pointing up). Take note that there is a chance that the recent low point is the end of the entire correction if that is a wave C. My Primary count that it is just wave 1 of C is a BIAS. Just keep that in...

yuchaosng

In my previous video, I mentioned that I expected 4th wave to have completed. However, the latest wave structure made me reconsider that I may be too early yet again. Thus, I SHIFTED the e wave of wave 4. In this idea, you can see that I also drew a parallel channel. The purpose of which is to give an approximation on where the wave 4 will actually end before...

25:47

yuchaosng

This is a long video where I reviewed indices, mostly tech stocks, Bitcoin, Oil, and Gold. In summary, I think that we are in a bear market now.

04:14

yuchaosng

As mentioned in this video, I have a primary count that states that Gold has completed the entire wave 3 (see link video for cycle wave counts), and my alternate count is that the 5th wave is not completed BUT sub-wave3 is completed and we are going into wave 4. Both primary and alternate points to a short opportunity. The stop loss will be recent high (around 3058).

06:04

yuchaosng

As mentioned in the video, I still think that this is a short. If I am wrong, I also explain how I would set the stop loss. Remember that an ending diagonal will see a quick fall in the price when a breakdown happens. Good luck!

01:23

yuchaosng

This is based on descending triangles being bearish setup. So I would think that there are 2 entry points: 1. When it touches the upper trendline, or better yet, 2. When it breaks down from the lower trendline.

yuchaosng

While I've been putting up shorts for Nasdaq, Meta, Google, and Amzn, I just realized that I did not do it for AAPL. So here's the wave counts update. While the direction is down, it does not mean to short it now because this wave 3 down is now approximately equals to wave 1 (around $40). An extension of 1.618 will give us another $24 down move but I CANNOT be...

02:55

yuchaosng Updated 

In summary, I think that there is a good odds that Nasdaq will rebound in the short-term because it has bounced off a 2-year trendline and RSI has diverged with price. Using QQQ to gauge volume, I can also see that there is a healthy volume to support a reversal. However, take note that as of now, I will still consider this to be a corrective wave up and not a...

yuchaosng

If you have seen my previous posts on Hang Seng or the China/HK market, you will know that I am a long-term bull and sometimes short-term bear on the Chinese markets. So, this post is really against my personal bias that the China/HK markets are long-term bull because if the wave counts are correct, the recent move up are but triple combinations corrective up...

yuchaosng

A simple short idea only because of a break in the longer-term trendline. Nothing sophisticated.

yuchaosng

As shown in the chart, there is a break of a trendline and it is a significant break.

03:29

yuchaosng

This is the video explanation of the same idea that I've just published. Basically, while I do think that Gold will hit $3000, I don't think it is worth it to hold on anymore as the money can be redeployed better since the next wave is going to be a wave 4.

yuchaosng

I've been calling for Gold long for the longest time and also called for short-term pull back at the end of wave 3 of 3. Now that we have finished wave 3 of 5 of 3, it is time to take a step back and wait for better prices to enter for the final leg of wave 3. Or simply, just get out of Gold because the next move will anyway be a wave 4. Wave 4s are usually the...

yuchaosng

This is not exactly a short idea for 2 reasons: 1. It is not that easy to short a Singapore stock, and 2. Singapore stocks don't really follow Elliott Waves principles because the stock market don't herd. So this is really saying: 1. Now is not the time to buy. Wait for better prices. 2. Lighten up if you are not an investor but more of a speculator/trader. Take...