CuzDelux

CuzDelux Updated 

Have been watching this one. Thinking this is a good entry, not too big, so holdable, for now, if wrong, or it it moves up, stop at break-even. Looking for equities to strike a short-term bottom and pullback, then continue down. In the meantime, I think GME will catch the progressive retrace and rally, but when equities sour for the next many months, I think...

CuzDelux Updated 

To the extent we remain elevated over our most recent low, I would expect here, and through September, a rise into the 20s. in Minor Impulsive fashion. Targeting 22-24. Seems low, but based on the ES count, bulls should be "realizing" they have underestimated the Intermediate (4) and thus will need to allow for testing of support, ideally, above 4237...with what...

CuzDelux Updated 

Finally, had to give up the shorts, and just go long. I doubt we go any lower than about 4505. Flipped all in long for a considerable loss, but when we get to 5200, it will all be history. Bulls won this one, because obviously we are just beginning our Primary ((5)). Hate that I missed the count, but you all take a look...:)

CuzDelux Updated 

Since I first idea invalidated, I have been forced to take a second look, Expand my count, and do my research. Included is my new count, where I believe we get a pull-back then top in June, then a larger pullback to roughly the same area, with an "unexpected" rally through the end of the summer. Best, Cuz

CuzDelux

Price appears to have rejected from the Bulls intermediate wave (5) up, last week. It could be a wave 2, BUT look at the structure of the upward retrace! It is a 3 wave move! Not even a "leading Diagonal" (or whatever..). This action reconciles to the downside. The next move is unclear as far as, what will it be, but the magnitude seems all but certain...it...

CuzDelux

Don't know how long this would last, but my estimate is that we will breach 105 and push 106-107, in september. This count has played out, as expected, for the past 3 weeks, so take a look, and comment if you see it differently. Best, Cuz

CuzDelux Updated 

Recently heard an interview with Mark Newton where he predicted a 30-52% rise in the VIX in August. These targets are Red and Green. I think it could get higher, but agree that this target range is solid bet. Best, CUZ

CuzDelux

This chart is a projection of what may occur over the next 4-12 months. Links to other related charts in comments.

CuzDelux

In the EWT trading room I have observed the Wizard racking the brain over "nesting" of 1s-2 in the ES & NQ futures. I have been tracking my own patterns, but as has become evident, standard fib levels are not behaving. Not only this, they are being breached in some of the most bearish ways possible, even by the most conservative counts. Assumed wave 3s...

CuzDelux Updated 

Preferred Path for ES, based on current structure and count. 1.382 extensions, .382/(.236) wave 4 retracements, 1=5. Meant to supplement Vix chart.

CuzDelux Updated 

DXY appears to have formed support for a Minor wave 1 of (3) of Primary C. After testing Intermediate wave (1) support, We have moved up with support levels as listed in chart in orange. This is about as early as this could be called, but the fractals all look right. Going with structure, here. Upper Fib Targets listed in Green, above: targeting 1.0 of the...

CuzDelux Updated 

Price has remained absolutely unstoppable. We have exceeded the magnitude of the smallest Minute Impulse waves I could find, but we have not exceeded the magnitude of the largest. I think we should continue, and especially if we get a retrace to the .382. All things considered: NQ has not gone higher, we have enough waves of sufficient magnitude to have...

CuzDelux

I have been tracking this move, and I now believe I had been trying to force an additional order of magnitude into the plot, but have backed off it, recounted, all the way back to the beginning of primary A, and think this looks a lot better. All we have done, since 100.788 is a 1-2 of C of Cycle b. The dollar is not dead, yet, and I now believe it may not fall...

CuzDelux

Here is an updated NQ count. Looks like we are hardly retracing, but should get something more definitive...even if it takes a Minute. We have failed to retrace to even a .236 of these larger waves 3. Looks like we should trade to the .786, based on proximity, but might not make it, based on symmetry and relative weakness in the past couple waves 5.

CuzDelux Updated 

Wow. What a run? DXY has rallied from just over 100 to nearly breach 105, when everyone thought, ITS DEAD. NOW, let's see if we can get completion to our intermediate 12345 count for Primary C of cycle b, and then we can start looking downward. I held out for the Minor 5 of Intermediate 3, and at best I have truncation, BUT a beautiful pattern. Since the...

CuzDelux Updated 

Got jumbled up trying to count this Chop, today, but after looking at nothing but corrections for 17 months, this looks most likely: an articulated Micro ABC Flat for a Subminuette ii, into a set of 1-2s, w a high C coming. Looking for one more runnup by tomorrow morning, just to gap down, into this pattern. OMH would invalidate.

CuzDelux Updated 

Still think we have topped. No one is expecting a dollar reversal, right here, but my DXY analysis lines up nicely with some sort of pull-back in the indices. We saw them react, a couple days ago on a DXY B wave, so wonder what a bullish Ending Diagonal would do if we make new highs?

CuzDelux

I am now tracking this reversal, which in alternation with the deep, drawn out Minor 2 should be quick and shallow, exactly like the ABC down we should be completing, now. I believe a reversal here will take us up in a choppy Ending Diagonal Pattern to push 105, then fail, then drop back to these levels then runnup once more in our Intermediate (5) of Primary C...