Wassboy

Wassboy Updated 

Minuette wave (ii) had a massive retrace of 0.69 – thereby expect minimal wave (iv) and motive move to complete Minor 3 wave. Minor wave 1 fib 1.618 is 4494 but doubt it will reach this level, but keep it in mind Projecting were the big top of Cycle V is going to hit I complex and difficult, but looking at resistance levels and final channel layout pattern it...

Wassboy Updated 

The longer the timeframe, the more complex wave pattern often develop Level 4390 is around where 3 wave minuette is meeting resistance. I expect it to be hit tomorrow 13 july and the heading to 4360 for 4 wave minuette Minor wave 3 = should be hovering around 4500 and just below upper final channel resistance line Minor wave 4 = if fractals keeps on displaying...

Wassboy Updated 

Elliot ending parallel with wave 2 and wave 4 drawn support line. This channel top trendline is marking the end of 12 bullish years in the market. As the wave 2 of five was a throw-under of the trendline the market now need to retrace back into the channel quick. The resistance i 4450 is heavy. Low volume will offen mean that upper trendline is not touch and...

Wassboy Updated 

Final channel wave 5 with 445 resistance – equals 1.618 extension of wave 1 - 2.618 of wave 3 zig zag – but also the first wave extension 2.618 in wave 5. A lot of resistance in area around 420 where it has been trading for 2 months. Combined with falling trading volume this consolidation period can become a lot more volatile with the smaller volume, and this...

Wassboy

Fear runs faster than greed – so when the stock market crash then the crypto marked is going to crash badly. This will get rid of all the garbage coins and allow crypto aka internet2.0 to grow and develop upon the good surviving coins. Surviving coins will be like buying Amazone in 2001-2002 – consider this and plausible buy the bottom in 2022 and ride the daddy...

Wassboy

Like the idea puplish yesterday. Short to 3885 for 30m 200ema support and then long to 4140

Wassboy Updated 

30 minutes support has worked every time when the price has been below 200ema 30m and broken up through. Each time the course has fluctuated to test 200ema 30m again. Therefore, I see that the support comes around 3880 and then start on 3 wave. VIX will meet daily resistance in 200ema around 25.5 where an increase to this level will pushs the price down on SPX....

Wassboy Updated 

We are in a melt up ending I think this 5 wave patern may be how this will play out. Down a little an then a green week incomming ending in wave 3(of 5) topping out in 4000-4050 ish an then alot of people will load up on shorts to be liquidated with a pump to 42-4300. Then a big correction IMO

Wassboy

200 days EMA 30min has been tested as support every time the graph has been below and a break to the upside has followed. I therefore expect the price to fall to the area around 3830. If it holds as support - which I expect - then the price will rise to the 41-4200 area but there will be resistance in 4000. The reason I expect a price in the range 41-4200 is...

Wassboy Updated 

Going short 3843 VIX over sold and SPX loading up for correction down to 3600 level for support

Wassboy Updated 

Hallo SPX bounced on 55 day EMA, last time it was 21 EMA on the 1 day chart, so this is going down big time soon, but for right now it is upwards. Looking at 1 day chart it is difficult to see but there is Hidden Bullish Divergence on the 4 hour - just like last time with the 21 EMA bounce. Also is the beginning of a new month so a little money will be flowing...

Wassboy Updated 

VIX load up fore correction - Push first SPX down to 3640 ish were 200EMA 1 hour support and level of Wave 1 top is. After small correction up, then down to 1 day 200EMA support around 3400 (se guideline below why) Ending diagonal is a special wave that occurs primarily in the fifth wave position at times when the preceding move has gone "too far too fast" as...

Wassboy Updated 

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Wassboy Updated 

Wave 5 of 5 = ending diagonal zigzag pattern VIX take SPX to 4 hour 200EMA - then last C wave of zigzag - throw-over on C wave 1 to 1 length of wave A. Then one to two years bear marked and low under 2200

Wassboy

Leg 5 = ending diagonal zigzag pattern VIX take SPX to 4 hour 200EMA then last leg and throw over on c wave 1 to 1 of wave a. Then two years bear marked

Wassboy Updated 

The symmetrical triangle is still valid. The E period is longer than D, but at a smaller price range. Several indicators show positive signs and that we can start an outbreak to the upside, but FUD will begin. The IMF and the World Bank have a fintech meeting, and much will happen here. They both have a positive attitude towards fintech and blockchain, but one of...

Wassboy

Elliot symmetric triangle in falling market it is - so red Wave E has a smaller price move than wave D, but it moves more than 20% of D meaning 5 or 6 October we will have a break to the downside.