epistemophiliac

epistemophiliac

Prices should continue higher to the 4390-4560 range. Upon finishing minor wave 2, prices should make new lows during minor wave 3.

epistemophiliac

The euro is currently in subminuette wave 3 of minuette wave 3 of minute wave 5 down. The euro could experience a small pullback at any moment, but that will only be subminuette wave 4 of minuette wave 3, so it will be nothing to panic over. The overall trend should remain bearish for the foreseeable future.

epistemophiliac

The Russell 2000 has begun minute wave A of minor wave Y. Theoretically, the preferred target for wave 2 after a leading diagonal in wave 1 is the 0.786 Fibonacci level. This means that minor wave Y should take prices up to about the 2284 level. However, both the Nasdaq 100 and Russell 2000 are lagging behind the S&P 500 and the Dow by a wide margin in percentage...

epistemophiliac

The Nasdaq 100 has begun minute wave A of minor wave Y. Theoretically, the preferred target for wave 2 after a leading diagonal in wave 1 is the 0.786 Fibonacci level. This means that minor wave Y should take prices up to about the 15539 level. However, both the Nasdaq 100 and Russell 2000 are lagging behind the S&P 500 and the Dow by a wide margin in percentage...

epistemophiliac

The Dow has begun minute wave A of minor wave Y. Theoretically, the preferred target for wave 2 after a leading diagonal in wave 1 is the 0.786 Fibonacci level. This means that minor wave Y should take prices up to about the 35390 level.

epistemophiliac

The S&P 500 has begun minute wave A of minor wave Y. Theoretically, the preferred target for wave 2 after a leading diagonal in wave 1 is the 0.786 Fibonacci level. This means that minor wave Y should take prices up to about the 4565 level.

epistemophiliac

The Russell 2000 has begun minute wave C of minor wave X. Minor wave X should take prices down to at least 1849, possibly lower. After minor wave X completes, prices should continue higher during minor wave Y. Theoretically, the preferred target for wave 2 after a leading diagonal in wave 1 is the 0.786 Fibonacci level. This means that minor wave Y should take...

epistemophiliac

The Dow has begun minute wave C of minor wave X. Minor wave X should take prices down to at least 31951, possibly lower. After minor wave X completes, prices should continue higher during minor wave Y. Theoretically, the preferred target for wave 2 after a leading diagonal in wave 1 is the 0.786 Fibonacci level. This means that minor wave Y should take prices up...

epistemophiliac

The S&P 500 has begun minute wave C of minor wave X. Minor wave X should take prices down to at least 4003, possibly lower. After minor wave X completes, prices should continue higher during minor wave Y. Theoretically, the preferred target for wave 2 after a leading diagonal in wave 1 is the 0.786 Fibonacci level. This means that minor wave Y should take prices...

epistemophiliac

The Nasdaq 100 has begun minute wave C of minor wave X. Minor wave X should take prices down to at least 12335, possibly lower. After minor wave X completes, prices should continue higher during minor wave Y. Theoretically, the preferred target for wave 2 after a leading diagonal in wave 1 is the 0.786 Fibonacci level. This means that minor wave Y should take...

epistemophiliac Updated 

The euro has already met all Fibonacci requirements for minuette wave 1, but it appears that it has probably only just finished micro wave 3. We are probably in micro wave 4 now. Micro wave 5 could take the euro down to about the 1.0057 area before we begin minuette wave 2. It is worth noting, however, that it is technically possible to count 5 micro waves down,...

epistemophiliac

It appears that the euro has begun minuette wave (ii). It will most likely terminate between the 0.382 and 0.618 Fibonacci levels (1.00789-1.01896, the red box). For about the past two weeks, stocks, treasuries, the dollar, cryptocurrency, and precious metal commodities have all been highly correlated. The only major markets that seem to be going in independent...

epistemophiliac

Silver has completed minor wave B, bouncing off the 0.786 Fibonacci level on Monday, August 22. We should now be in minor wave C. There are a few possible highly clustered targets for wave C. 21.560: the minimum target. This is where wave C would equal wave A. 21.635: the 0.382 Fibonacci level. 22.565: the minor wave 4 extreme. 22.755: the 0.5...

epistemophiliac Updated 

The euro appears to be making a five-wave move down, which I can only assume is minuette wave 1 of minute wave 5. Also, the false breakout from the three-week trading range seriously calls into question the validity of the bullish case.

epistemophiliac

Like bitcoin, ethereum is still in intermediate wave B, which is developing as a triple zigzag. It appears that ethereum is currently in minute wave B of minor wave Z. After intermediate wave B finishes, ethereum should continue its decline during intermediate wave C.

epistemophiliac

Bitcoin is still in intermediate wave B, which is developing as a triple zigzag. It appears that bitcoin is currently in minute wave B of minor wave Z. After intermediate wave B finishes, bitcoin should continue its decline during intermediate wave C.

epistemophiliac

It appears that the pound is approaching the end of subminuette wave 3. Upon completion of subminuette wave 3, there should be a brief rally during wave 4 and then another decline during subminuette wave 5.

epistemophiliac

It appears that the Russell 2000 and all of the major U.S. stock indices have finished minor wave W. We should now begin minor wave X. It is worth noting that it is also possible to count all of the wave degrees from the June 16 low as one degree higher, and instead of beginning wave X, we could be beginning the major decline. In this case, minor wave W would...