yuchaosng

01:24

yuchaosng

I am expecting an ending diagonal and then an explosive move up. This is the time to LONG!

yuchaosng Updated 

As can be seen on this chart, I have extended the fibonacci extension and this time the target is hit. Short.

yuchaosng Updated 

I was too early in my previous call and was wrong (linked here), but this time it should be obvious that it has ended.

yuchaosng Updated 

AAPL has slightly overshot a fibonacci retracement level but I think this is now time to short it.

04:10

yuchaosng

Over in this video, I go through how I plotted the Elliott Waves down to the subwaves and how I used Fibonacci extension levels to get a target of 18000.

09:29

yuchaosng

Preference for wave 3 to extend. Using various fibonacci extension levels, I would imagine that HSI will ultimately move down to 14480 around 2nd Feb 2024.

03:21

yuchaosng

1. End of Triple Combination 2. Ending Diagonal 3. Z=W 4. Ending Diagonal =1.618A

02:28

yuchaosng

Please note that the last 20 seconds of this video is me trying to figure out which tab is my recording on in order to stop the video (LOL). Anyway, this is an update to HSI and that I expect it to fall even more this coming week. I expect the trendline to break and move down to ultimate target of 15000-15100 over the next 2 weeks.

yuchaosng

This is gonna be a bold call. I think SPX will fall by more than 100 points in a single trading session (that is, today). See my chart for stop loss and take profit.

08:35

yuchaosng Updated 

Firstly, apologies for coughing around the 8th min (too much chocolate). Basically this analysis builds on top of the HSI and China A50 analysis that I've done previously and that I expect Tencent to move down to $246 and hits the lower channel line as well as 1x of wave (1) distance by 2023 year end.

01:03

yuchaosng Updated 

I expect BYD to fall to $166.8 given the following: 1. Price fall before trendline cut = price fall after trendline cut 2. Fibonacci extension level of wave 5 (of C) = 1.618 of wave 1 (of C).

yuchaosng

This is just a potential bearish count where the movement up is considered a corrective wave. However, due to the strength of the impulse moves up, I will recommend that if you short, put a tight stop.

yuchaosng

This is a quick update on NK225. I think this wave up is a wave C of 2 and thus it cannot be sustained.

yuchaosng

If there is one type of stock that will never see recovery to all time high, SE's chart will be one of the top candidates. Also, given that the stock has not seen recovery even though the entire US market was in the year of asset bubble, it can only mean that when the general market comes down, so will SE. Using a very basic measurement rule, if SE breaks $35, I...

05:51

yuchaosng

This is my detailed analysis of AAPL and it is a strong Sell for the following reasons: 1. End of multiple wave 5s. 2. Triple Fibonacci targets reached. 3. Wave 4 as a triangle confirmed the 1 year move up as the last wave.

yuchaosng

Well, based on my EW counts and Fibonacci extension, we have reached the target of the move up and it's time for it to go down. Also note that the new high is NOT accompanied by an equivalent RSI(7) high. A divergence. Also, this is all-time high. You need any reason for a better risk reward?

05:20

yuchaosng

In Summary: 1. We see 5 waves up and wave1=wave5, and it doesn't matter if it is a 1-2-3-4-5 or a W-X-Y-X-Z. The next move should be down. 2. RSI(7) crosses 88 and based on 3 other historical instances of similar preceding pattern, the next move should be down. 3. The risk-reward is better on the short side than the long side.

00:57

yuchaosng

This is a short update to HSI. I will expect that the burst up today is a corrective wave 4 and for the next 2 weeks, a correction down to 15000.