AMEX:CQQQ The five wave thrust through the wave (iv) of ((c)) of Y of (B) high should confirm the completion of the entire double three corrective pattern that began in January. Any downside should remain corrective against the wave (B) low of 33.50 as wave (C) begins to develop higher towards the wave (A) high and through at least 38.49 and 44.05. Much...
NASDAQ:AEP An impulsive break of 78.15 against the wave (y) high of 81.08 should confirm that wave (c) is in progress. Price should decline through at least 75.96 and 74.97 towards 69.38. A violation of the 81.08 will invalidate the wave count.
NYSE:UNP A decline through 216.92 would suggest the completion of wave (b) of , and see prices move swiftly towards the wave (a) low of 199.33 and potentially lower towards 183.70. Should prices continue higher through the 224.99 high, it would signal that wave (b) is not yet complete.
NASDAQ:VFF Looking higher in wave 3 following the completion of a leading diagonal wave 1. Prices should develop impulsively through 1.17 and towards 2.37 against the wave 2 low of 0.6250. A break of this low will invalidate the setup.
COMEX:SI1! The recent sharp and sizeable decline sheds some light on the developing pattern. The failure to breach the 26.435 high, coupled with the immediate rejection and 12% decline from said high, indicates the high probability of the completion of a wave X triangle pattern. Upside should remain corrective as prices begin falling through 21.925 and...
NASDAQ:TW Tradeweb Markets is set to begin a major bear market against the 102.33 high following the completion of a double zigzag. Prices should begin to develop impulsively towards and through at least the 78.75 low against 102.33. Much greater bearish potential exists.
AMEX:GDX The impulsive break of the wave (i) of ((c)) high of 30.16 indicates the continuation of trend higher through 32.92 and 36.26. Downside should remain corrective against the wave (ii) of ((c)) low of 27.02.
NASDAQ:AAXJ The break of the wave iv of (c) of ((ii)) high at 64.86 indicates the likely completion of a zig-zag correction in AAXJ. The pattern displays a perfect corrective channel and ideal Fibonacci proportions. Downside should remain corrective against the wave ((ii)) low of 60.92 as price develops higher towards the wave (b) of ((ii)) high of 70.63 and...