ILuminosity

ILuminosity Updated 

-Continuation Pattern - Wedge -Average drop: 84.25% -Crypto Adoption (CBDCs, etc.) -Diminishing Returns -Shorter Bear Markets -Accumulation Zone: $9-$11 <-- Bottom

ILuminosity Updated 

NIO has been bearish for a long time now. We were initially in a megaphone pattern and rising wedge, which resulted in a dump earlier this year. We tried entering back into the megaphone but failed. Now we are in a macro descending triangle and micro head and shoulders pattern. I do not like the chart, therefore I will rate NIO as a sell on the next test of...

ILuminosity Updated 

Hold support = Pumpy Break support --> turns resistance = Dumpy (Target: 1000 day EMA / 200 Week EMA ~$18) P.S. Most Auto startups do not succeed during tough times :)

ILuminosity Updated 

Crash Zone highlighted in Red. Fair warning is given as well; "Sell Sell Sell"

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Downward curving spiral channel. Equities crash when we hit the top of the resistance line. Likely stock market crash Q1/Q2 2023 given rate of increase. Short-term consolidation period expected Q2/Q3 '21 before final rip. GG

ILuminosity Updated 

This version of God View includes Fractal Analysis China QE = Roaring 20s or Black Swan Bust

ILuminosity Updated 

MSFT is currently in grand wave 3/5! PT: ~$500 Lengthening cycles & diminishing returns! 2nd Great Recession - Corrective Grand Wave 4 - 60-80% correction Roaring 20s after - liquidity for final grand wave 5!

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3950-4K micro-target followed by the melt-up rally. Linear top: 5325 Log top: (Separate post): 6000 Extension linear top: 6500 60-80% Bear Market follows; Target 1: 2150 Target 2: 1555 End of Bear Market: Q3/Q4 2024 due to QE5/6, aka Infinite easing. P.S. Disregard target 3 on the chart; Depression isn't expected this decade.

ILuminosity Updated 

Linear target: 44k Impulse target: 48k The stock market cycles are lengthening. Continued downside till EOM followed by a final melt-up rally that will bring the end of grand wave 5. ETA H2 '22 - H1 '23.

ILuminosity Updated 

- Double three is a sideways combination of two corrective patterns. - Three types of corrections: zigzag, flat, and triangle. - Combine two corrective patterns = Double Three. - Wave B = 4333 - Final Zigzag Wave C = 123.6% of wave A = Wick right below, to 3553. - News outlets will be screaming recession; the bottom signal! - Estimated time of bottom: August -...

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“Markets can stay irrational longer than you can stay solvent." - John Maynard Keynes

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-Multi-decade resistance trendline unbroken -Bearish divergence on the Wolfpack -"Overbought" on the RSI -Curling price action

ILuminosity Updated 

-Resistance trendline unbroken -Bearish divergence on the Wolfpack -"Overbought" on the RSI -Curling price action

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“Price is a creature of the market’s mood. In booms, it is set by the greediest buyer; in busts by the most fearful seller” – Benjamin Graham

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Oversold! Horizontal & 1000 Month EMA support held. Active position @$30 SL: $28.2 Projected Exit: $60 - Easy 100%

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BTC price action and targets were correctly called. Elliot Wave Theory proved practical, and the 20K target was reached. TA from 7 months ago: Some Bulls are arguing this is the bottom. This post will explain why 10K is reachable: -Fundamentals: Inflation, rising interest rates, recession talks, geopolitical events including War, commodity...

ILuminosity Updated 

H1 2023 Target Top: 6000, followed by the 2nd Great Recession. Top is confluent with our genesis trend-line (Great Depression & Great Recession tops)! Bear Market bottom around 2200 (COVID bottom / 200 Month estimated SMA).

ILuminosity Updated 

This cycle PT is 4K. Bullish pennant and room on indicators to allow for such a run!