Vyaz

Vyaz Updated 

I count GOOGL as start of wave circle C of iv where wave (1) is done and a pb in wave (2) is in action. Wave (2) is shortable from the 100 zone. A=C rule gives us a target of 60 for the whole wave iv correction. Would be a great long opportunity sometime in 2024-25. Longer-term count will be posted separately.

Vyaz Updated 

Moex is in completion of wave 3 of (C) of circle B, expect to see pb in wave 4 to 100-110 zone. Further upside might be sensible to expect unless it breaks 90 level. Wave 5 target is 135-140.

Vyaz Updated 

Crude has built the base for a wave (C) to complete circle wave 2. Expect to see a sharp move up to 92-96 zone in Brent. Wouldn't recommend taking longs afterwards.

Vyaz Updated 

This is an alt count which fits well fib-wise. Looks like wave (4) is complete, wave 1 and 2 of (5) done as well. Might be a good long from here with SL at 127.2. Ideal target for the whole wave (5) is 165.

Vyaz Updated 

Seems like SPX has found the base for another push up to 4400+ zone in wave C of larger B. It may take up to 2 months to complete this structure. I count recent choppy action as wave 1 taking shape of expanding diagonal, it may still do one more spike up before retracement in 2. 3840 should be a stop-loss here.

Vyaz

Looks like a short setup is ready to unfold in NDX into early next year. I expect at least 30% correction to 8500 zone

Vyaz

BAC has similar to MS setup though looks to have started wave 3 of circle wave 1 already. Expect to see circle wave 1 landing somewhere in 15+ zone before a pullback in circle wave 2 sometime in 2026. Bear in mind this is the view on the financial sector, which imo is leading the market and can be used as a benchmark for the US economy. Major stocks (big tech,...

Vyaz

Here is a long-term view on the banking sector in US. I see Feb'22 peak as completion of large B-wave of flat correction, C-wave of which might take couple of decades before it finishes. So far it has printed wave 1 of circle wave 1 and started wave 1 of 3 (tag is not on the chart). Expect to see some downside action until mid-May to complete 5 of 1 of 3, then up...

Vyaz

1-2 setup is in place. wave 3 of C is upcoming. Expect to see at least a 30-33 range for the wave C down.

Vyaz

...targeting 95+ zone, or 1.618x of wave A. if we see shallow wave 1 of C high chance for C=A ext, in this case target is 118. Expect to see strong move from the through to 200-240 zone to complete wave 5.

Vyaz

Here's a bigger picture in BTC. Expect a deep dive to 9-12k area to the lower bound of the channel, then up to the TOP of 95k.

Vyaz

Here is a pathway for a downside action in NVDA. Expect to see final move up to 280+ level to complete wave (B) of circle wave 4. Wave 1 through in early may near 200 zone, wave 2 top sometime in mid-June around 250, wave 3 should land near 120 zone by end of Aug. Whole wave (c) target is 90+ zone be end of the year. See higher TF chart for long term target...

Vyaz Updated 

US10Y yield is in completion of C of wave (4), expect to see a strong run up to 6% zone in wave (5) of circle 3 by end of this year.

Vyaz

imho CAT is the best benchmark stock to track cycle throughs ahead. In line with my view of a nearest major bottom sometime in Oct-Nov 2023. Upside should be expected until 2026-2027. Next major bottom is in 2030-2031.

Vyaz

RUT is in 1-2 structure and is ready for a move down in wave 3 of C. It might still try to push up until mid April though I don't expect to see a major move. Whole structure should bottom by mid August in 130+ area.

Vyaz

Baltic Dry Index points to smth ugly in global trade to happen. I count move from 2008 top to 2016 bottom as wave circle A. Move from 2016 trough to 2021 peak as wave circle B. Wave circle C is ahead. Assuming C=A extension the bottom should be expected somewhere in the 140-200 range, almost 80-90% drop from the current levels.

Vyaz

I expect to see two moves down in few subwaves 5. c=a extension points to a 0.7 target sometime by mid-2024. Can be a great long opportunity afterwards.

Vyaz

INTC is in a free fall mode in wave (3) of circle C of larger degree wave iv that started in 2000. I guess we'll see a bunch of 4-5s ahead so wouldn't recommend trading/investing until it drops to 12 zone.