The wave count suggests we should see one more push lower to finish a 5 waves drop as part of wave (c) of higher degree wave ((iv)). A drop below 21.60 could get things on track and we finally could see price drop for fifth wave.
I've labeled this as a 3 waves move but it can easily turn into an impulse, taking us to 6800.
MCRB - Finally breaking out if this triangle ? We can count a potential Leading Diagonal wave (i) on the 15min with a deep 3 waves corrective wave (ii). A move below 24.36 would invalidate this view.
We're at the end of this Triangle. 470 and 480 are the ideal zones to watch for a potential reversal. If price drops below 462, we could continue to see this go some more sideways as long as it remains above wave A low at 457.7.
We have a clear 5 waves rise here as you can see. Therefore, I suggest to only look for shorts now until we reach the 50%-61.8% retracement zone.
Looks like we're in the making of wave iii of higher degree (v) of one higher degree red wave ((iii)).
DAX - Turned into a Triangle here it seems. I'm expecting price to go down to ~12645 or even a bit lower towards the 61.% retracement level and hte 161.8% projection level, respectively at 12566 and 12515. (It should ideally remain above 12463 since a close below that would significantly increase for bears to take over). Alternatively, if price remains above...
We're in a wave 4 that seems to be taking the form of a Triangle. Measures have been respected for now, each leg being 61.8% to 78.6% of the prior move. This makes us believe that wave D and E of the Triangle can be of the same proportions. But if price keeps on going higher now, we could then be in Flat correction , which could take wave B up to the noted 1.272...
Going for 220 first, followed by 240 and 250. If price goes above 220 followed by a wave ii correction down to 206-210, that would give the best opportunity to buy in and hold till 245 at first.
EURNZD - Looks like that wave B finished and are now making wave C. Ideal termination point would be 1.766.. If price stops and starts reversing from that level we should buy in.
Nasdaq - Correcting for potential red wave 4 before continuing higher. Invalidation is at wave 1 high. If price goes below that, it would make this rise a corrective move and would increase the odds for the indexes to continue lower
Gold - Could see one more push lower to finish 5 waves down if it doesn't go any higher now Alternatively, it finished wave A of higher degree Y and is making wave B now, so, it's best to just stay out of this move (unless day trading ofc).
ROL - New one I'm adding to my long term portfolio. Short term there are lots of opportunities here too.
ZM - Not looking great today. We got just 3 waves up... Maybe we'll see a triangle form. Don't buy in again for now, let's see how things develop a bit more.