SO TARGET 0,618 WAS ACHIEVED, NEXT TARGET 1/1.
So I consider, that S&P is at the beginning of 3-th down-trend wave.
So now I think that we are in 3th a down-trend wave of belonging 3th wave of bigger order.
I consider , that RUB is in 4-th wave , and it might be triangle. Usually the 4-th wave are formed in from of triangle more frequently than in others forms.
So now we are watching classical triangle which is forming near the strong price level. Combining level theory and Elliot theory I claim that there is great probability that we will watch plunge surge of RUB.
It is too hard for me psychologically to claim that S&P 500 has already reversed but there are several evidences that point to this very strongly. (The First) S&P - 500 has achieved its target range 3400 - 3750 which was projected by me several weeks ago, (The Second) gold - ratio analyse meets the basic requirement of Elliot theory, (The Third) since the 5 - th...
Since the 1-th wave in 1-th wave of bigger dimension was extensive that leaded to short 3-th wave and 5-th wave. When that phenomenon occurs it means that correction movement in second wave of bigger dimension may achieve to the bottom of not 4-th wave of smaller dimension and to the bottom of second wave of smaller dimension. On balance current analyse report us...
The first global target of RGBI is 157,89 that means that INDEX will continue rise that lead to strengthen of RUB . it might be the last strengthen. However there is probability that both RUB and RGBI have already reversed.
Now we consider that GOLD will reverse when reach for its second target 1751 according to gold-ratio analyse or it is also possible that gold have already reversed since first target 1525 was been achieved.
To tell the truth projection of BTC price has become very difficult work , I has realised this since my last several forecast concerning BTC considered by me as correct with great probability was wrong. At the moment there are 2 way s of development current situation GREEN and WHITE , I think that both variant are appropriate however GREEN variant is more...
Now I see subsequent situation in the American market so. According gold-ratio analyse the first probable global target of index might be be in range between 3400-3750.
there is great probability that now RGBI is depicting 4-th wave of the biggest order , that lead to sharp devaluation of Russian RUB . So USD/RUB long in short term.
We consider , that there are two possible ways of development current situation . Either RGBI is ready to draw 4 purple wave or it will occur when RGBI will achieve 150.60 approximately. According to gold ratio second variant is more probable however at the moment yellow 1 and yellow 5 wave are equal in absolute term that also might be considered as good ratio of waves.
Our last forecast concerning american market was right . There is great probability that we are at the beginning internal 3 wave.
we think that now russian state debt market is in final stage of its growth. It is obvious fact that it will lead to strengthen of Russian ruble or ruble will be stable relatively.