Hello: As shown in the chart. Short @7900 SL 8150 TP 7215
I know this surprising uptrend is a huge hit to bears, but listen, be patient. Patience is always the key to investing, and don't just focus on your loss at this moment. I zoomed out a bit and realized that NQ is trying to create a bigger AVC corrective wave, meaning this uptrend is part of the B wave, a corrective bullish wave. It's not going to last forever; it...
Hello: I think most of us will be surprised by this huge bounce up this morning. However, I am still confident that the bear trend has been initiated and you could short more if you want. I think a good level to short at is 7651.5, a high from a previous day. More downside incoming. Take a breath and move on. GL
Good morning: Here it is. Another great shorting opportunity. Typical .618 retracement, and waiting for more dumps when they release non-farm payroll. GL
Hey everyone: As I mentioned yesterday about opening new shorts, I hope you have listened to my advice and shorted on 7629.75. You can do scalping, quickly looting $1000 and all that. Although I don’t do scalping, I really do think it’s a good strategy you can practice during this volatile moment. Alright, so back to the price. I think this is going to retest the...
Morning: I am amazed by this pullback, and I gotta say this is such as opportunity to load more shorts. I corrected my corrective waves, and just realized the ABC waves were way bigger than I thought. However, the trend remains bearish after the correction. Looking to short at the red horizontal lines, and take this chance bears!
Good morning: The report data seems to destroy the ABC corrective wave, and that definitely initiated a new bearish 5-wave. And to be honest, I don't think 7309 will be a hard support level, so maybe it's time to adjust the target price by a little bit. However, I will certainly close around 50% of my shorts on that level, just to realize the profit. The second...
Due to the agreement that US wants to reach with Saudi and Russia, I think crude oil is prepared to rebound. Target price labelled in the chart.
Hello everybody: Hope you listened to my advice and shorted. So I closed my first set of shorts, and I am looking for a pullback right now. I think NQ is going to rebound to 7683(Apr 1st, 11:00 high) or 7744.75. So be patient, don't consider shorting yet. I would actually long some MNQ at this moment. Good luck
As shown in the graph. I don't think oil has reached a bottom yet. More downside awaiting.
Before keep going down further, a rebound to 7673 is likely. If this breaks 7820, the downtrend might be invalidated. GL to yall
So excited for Monday! Alright, so as I mentioned last Friday about the possible pullback, we saw that when Trump signed the $2 trillion bill. And as predicted, the price fell. Currently, wave 3 has the same length as wave 1, but I am really excited by the strong rebound from NQ. NQ is now at the territory, meaning a high possibility of wave 3 extension,...
Hi everyone: I know yall heard about the "strategic reserve" US government wants, but I think WTI oil can fall further despite cutting supplies or receiving aids from the government. The problem is from the demand side, which is driven by this coronavirus. Back to the chart, you can see the red parallel range, which states the upsides and downsides of WTI oil. I...
Hi: Yesterday I was expecting a pullback since the bill was about to be passed. And it did. It was an easy .618 retracement that didn't hold for long. Since that failed, I am projecting that a new downtrend will form since next week, possibly triggered by the rising number of infections. Potus' plan to work on Eastern is probably gonna fail as well. So, because...
Hello: As I was analyzing the NQ movements, I still believe that NQ is in a 5-bearish-waves. Because of that, I believe further downside would come later on. When looking at the orange blocks, I am noticing a 5-bearish-waves as well. However, I think there is still some upside for NQ tonight. Politically speaking, you have the House voting for the $2 trillion...
From a greater perspective, I am seeing a truncation of wave 5 and expecting the price of gold to drop all the way to $1400(really pessimistic and ideal view though). However, since it's almost impossible for the safe haven to drop like that, I am seeing gold to drop to the (4) wave of the smaller degree, which is labeled in the chart as well. The short term price...
Good morning everyone: Was checking the moves on DAX, and noticed how it failed to break the Elliot Wave's A point drawn on the graph. The technical indicators also signal a significant overbought on DAX, in which I don't think it's a good sign and would suggest you to maybe consider shorting DAX for some profit. Target price 11859.