NDX is now in a "Micro"-wave 3. after having finished a "Submicro" 2 and "Lv11"-wave 2. Very explosive! Target for "Micro" 3 is 5777 (1.618).
SPX (1h) after having finished a very short "Minuette"-wave 2 (red) is now in "Subminuette"-wave 3 (grey). Next Target T2: 2425. ( !.618 of "Subminuette"-wave 3 (grey)). Sign for Strength!
MU is probably in an "Minuette"-wave 4 with an "TriangleAscDesc" pattern, because wave "d" has no impulsive wave count 1-2-3-4-5. Wait until the last ABC-wave "e" has finished at $ 28.77 or $ 28.47 to go long. Fibo-Level 0.382 at $ 28.58. (Probably fast reversal in the following extended wave "5", with min. target $ 32.)
NASDAQ before weekend... See the counts! Could be a flat pattern! Trade careful, next leg would then have an impulsive pattern!
After having finished a "Minute"-wave 2 over the last days, DJI is probably in a "Minuette"-wave 2 with target 20900. Perhaps, the rally will start not before Monday after this corrective pattern will be finished!
Look at the counting. "Minor"-wave 3 has been extended. So "Minor" - wave 5 probably equals wave "1"! So, an "Intermediate"-wave 3 (3) could have been finished and we would be in a wave "(4)! Could also be a "Minute"-wave 1 with a smaller ABC correction in an extended wave "5", but keep in mind and trade carefully! "Sell in May and go away." -thing? -Hope not!
DJI (1h) Next targets are 21600 (0.618 of "Minute"-wave 1) (1.00 of "Minuette"-wave 1) OR 22000 (1.000 of of "Minute"-wave 1
During the last three days, SPX (15') finished a "Minuette"-wave 4. "Minuette"-wave 3 has been more than 2.62 of the first wave (Extension3). The rules predict, that a wave "5" often equals wave "1", if wave "3" is extended. In this case the target (T1) would be 2403. A 2nd scenario could be, that the SPX is still in a "Extended Flat"-pattern. So, "Minor"-wave 4...
Yesterday, SPX (15') finished "Micro"-wave 4 and the Micro "3" has had more than a 1.618 extension! Today, there will be wave "5". Targets for this wave (to break the brown trendline) are 0.618 of "Micro"-wave 1 = 2420 or 1.618 of "Micro"-wave 1 = 2430. This is probably an optimistic view. If wave "5" only is 1.000 of wave "1" ( target 2413), which is often the...
MU (1h) probably finished a "Running ZigZag" after having closed the gap. MU seems to have started with an "Intermediate"-wave 5. - No risk no fun! Watch carefully. Could be very explosive... If true, target would be $ 40
NASDAQ (1h) finished "Subminuette"-wave 4 (with a not extended "3" (!)) and is in "Micro"-wave 3 at the moment. Targets for the next two to three days: For a "Subminuette"-impulse-wave 5, not extended (1.000 of wave "3") 5494. For an extended "Subminuette"-impulse-wave 5: (1.618 of wave "3") 5534.
DAX performed as expected, but probable "Expanded Flat" with Target 1.382 at 12545!
Targets for INTC (1h): "Minuette"-wave 3 (red): 1.000 $ 36,83 1.618 $ 37.41 2.618 $ 38.36 "Minute"-wave 3 (blue) 1.000 $ 37.44 1.618 $ 38.82 2.618 $ 40.60 "Minor"-wave 3 (dark red) 1.000 $ 39.88 1.618 $ 43.49 2.618 $ 50.03
AMD targets could be 1.000, 1.618 or above. Soon, stock will be in wave "3".
The first wave tends to stop at the base of "Minute"-wave b (blue). This often coincides with a 38.2% (Target 1, slightly above "Minuette"-wave 4) or a 61.8% (Target 2) retracement of the previous correction or something between these targets (Upper trendline perhaps?). Target 2 is very optimistic.
DAX (1h) is probably in or just finished a wave "a" of a wave "4".