Gold: a harbinger of world cataclysm.While the forecast on small degrees, which is updated here on the 7th of each month, continues to come true, let's talk about the future, not about trading. So, the ending diagonal in a cyclic wave "V" is forming, with the alternative being impulse. These calculations are very similar by the nature of the expected movement, with the only exception that impulse (D) of will not break the historical maximum, and (Y) of of the ending diagonal will do so for sure. Next and before that, everything is identical.
Competent investors, some of whom subscribe to 89WAVES, have been flipping from stocks to paper gold all last year - a strategy that has produced substantial profits or reduced losses in the stock market. And all through this year, that approach will continue to pay off - gold will continue to rise, but now it will probably do so along with stocks.
After the U.S. indices and gold updated to historic highs twice, it will be necessary to get out of speculative assets into gold physical, despite its potential fall in the wave - we watch the quotations of paper gold, and everything else will fall even more strongly.
The end of the wave is the beginning of a global cataclysm that will bury all markets for decades: crypto, stock, debt, paper and commodities and the rest. We will not come to this point before the end of this year - it is necessary to have time to prepare. And I will help you in this, all you need to do is to check the subscription watch new forecasts.
Ewp2005
Canadian Dollar: 1.4 and then strengthening.A month ago, we have the Canadian dollar updating on the 3d of each month, I showed you the highs. Back then, the wave of "B" was in question, then I wrote: "there could be 1 or two more tops around 1.4, and if an ending diagonal is formed there in the wave of "B". That's how it's turning out so far.
I continue to wait for the completion of the figure, and I want to trade this diagonal in the wave according to the strategy.
The Chinese yuan is the new world currency.The forecast that will probably come true not in 10 years, but this year, the yuan will begin to become the world's currency. Currently it only accounts for a few percent of world trade, but it will account for tens of percent.
In this scenario China must stop devaluing the currency to please its exporters and overseas partners. Create an infrastructure parallel to the SWIFT system. I assume that this will be a digital yuan for international transactions. Whether there will be a correlation with the current fully fiat yuan - I can't say yet.
S&P500: empire’s collapseOn the second of every month we have the S&P500 index updated here, subscribe so you don't miss any entry points. Today I decided to update the most high cyclical and super-cyclical degrees on it - the global picture. We will look at the weekly chart in a month's time. I pay special attention to it and put it in bold - it's a long-term forecast for decades. Super-cyclical and cyclical waves can go on for hundreds or tens of years, respectively.
Going back to the index, we are now seeing a final rise to the ±5000 area within the ending diagonal, which will be accompanied in the media by a series of imaginary victories and a narrative about America's new greatness. In reality, the FED will simply buy out the crisis once again - there will be another QE, which will accelerate inflation and lead to the final inflation of all bubbles, including the stock market.
Then a fall of times or even dozens of times. I set the minimum target at 666, the optimal target at 66.6. This, I repeat, will happen for decades, along with the loss of at least half of the economy. The feeling is that a Great Depression multiplied by 2 will happen - wave (IV) should be sharp, as opposed to sideways (II). The probability of civil war in the wave (IV) tends to 100%, there is also a strong prospect of nuclear war, but let's not talk about it yet...
I believe that the next 2 years or so is the last chance to make money on investments. Then there will be the question of carrying capital through the crisis with minimal losses. For this purpose, in my opinion, scrap gold is the best way to go.
The most terrible thing is to see clear logic in all thisIn the early days, it seemed that the whole situation was pure madness, from which everyone would lose: the oligarchs and top officials in both countries of the conflict would be deprived of a luxurious life; the population will once again become poorer; politicians will receive reputational damage - some allowed the war, others unleashed it; EU countries will fall into a crisis due to energy prices, and will lose a large sales market; etc... And, it would seem, what is all this for? For the sake of restoring historical borders or salvation from the Nazis? Not! There is a completely banal reason, which they are trying to hide behind pathos speeches. This is money.
But everyone lost... In fact, not all! A week after the start of hostilities in Ukraine, the beneficiaries became obvious to me.
USA.
For an empire to thrive, it must siphon resources from the colonies. If the empire instead sends resources to the periphery, then it ends up as the USSR. Someone has to pay for a banquet with inflating bubbles in the financial markets during the period of financialization, in the terminal stage of the existence of the current world-system. The US has huge problems with inflation and debt. And rates cannot be raised so as not to bring down the stock market and not to disperse unemployment. Any tightening of monetary policy will lead to the loss towards China in the race for leadership. And there is only one way to solve this problem - you need to ensure a rapid outflow of capital from the periphery to yourself. And capital does not run away from anything so quickly as from war. So the States will put the wave "3" in the S&P index.
EU.
The next victim of the hegemon will be the European Union. Prices for energy resources are not only a very high communal apartment, which will inevitably lead to protests of the population; but also, more importantly, the cost of production. Cars, trains and planes will rise in price, so they will begin to lose in the competition to "partners" from the United States. The accumulated contradictions will lead to a series of crises in the EU and the bankruptcy of the peripheral members of the union - Greece, Portugal, the Baltic states and others. The semi-peripheries of Britain, Germany and France will shift their costs to the satellites. This is the wave "5" in the S&P index, the end of the hegemon's dominance.
China.
When capital is exhausted in all colonies, peripheries and semi-peripheries, then the decline of the empire will happen. But the end of the US dominance cycle will not be herbivorous at all, as we are now seeing. The same was observed by our ancestors at the beginning of the last century, when Britain was replaced by America. And their ancestors saw the same at the time of the change of leader from Holland to Britain. And before that, in capitalism there was also the Genoa cycle. Pablo Escobar once said that there can only be one king. And he was deadly right.
But why China? Due to the fact that the leadership in the brave new world is provided by the industrial revolution, to which the PRC is now closest.
Russia.
The "progressive elite" has an opinion that "everything is bad in Russia, and it will get even worse." But did you know that Russia is the only country in the world, apart from the USA, that has its own processor architecture? There is also the British ARM, but it is only nominally British. This is important in the sense that without access to microelectronics, which are the brains of everything from phones and cars to machine tools and servers, China will not be able to overtake the US. In many ways, this is why China is supporting Russia in this mess. Well, wood, wheat, military technology, oil and gas at reasonable prices in the appendage.
And what about Russia itself? In the flow of news about the bombing of peaceful Ukrainian cities and the flight of capital from the Russian Federation and Ukraine, the news about the nationalization of companies in Russia passed by many.
In simple terms, $10 billion was allocated to buy up depreciated securities, primarily export and technology companies. These companies in dollars fell at the time of the suspension of trading by 3-5 times. This means that the state will receive 5 or more stocks at the price of one outside the exchange, gold reserves are not stored in rubles. By the way, the gold reserves themselves in the NATO countries are approximately equivalent to the amount of corporate debt of depreciated companies, which means that debts can be mutually nullified. The stocks were bought at an unprecedented low cost, and dividends on foreign exchange earnings will now remain in the country. There is no point in taking them abroad - the yacht will not be sold and arrested. This means that they will have to be spent in Russia, which will serve as a multiplier growth of the economy in 5-10 years, when economic agents recover from the shock. Yes, when it seems that everything is lost, the Russian Federation will begin decades of economic growth. Buy when there's blood on the streets, even if it's yours! :o)
Those who play in long will get more in the end than they have now lost. But you can't bring back the dead...
Elliott Wave ClassicAsana demonstrates a classic Elliott wave analysis model.
There is a classic upward impulse and a correction in the form of an ABC zigzag, where B is triangle.
Now we have 5 wave upward impulse after the zigzag, which after ATH fell from the price of 145.3 to the level of 43.77, almost touching the strong support level of the top of wave .
I assume that ASAN can go to the 3rd wave with extension, but it's possible also get situation with more complicated correction in the form of WXY as double zigzag.
So, for a short-term trading there is a good opportunity to trade at least wave b of the zigzag as alt. scenario.
💨Cross Rate 𝙂𝘽𝙋 / 𝙅𝙋𝙔 - Grand Triangle 🌊●●● 𝙂𝘽𝙋/𝙅𝙋𝙔 — 𝙀𝙒𝘼
●● 𝙈𝙞𝙣𝙚 𝙨𝙘𝙚𝙣𝙖𝙧𝙞𝙤
● GBPJPY (FXCM): 🕐1W
Globally, the GBP / JPY cross rate is in a downtrend. The Yen is strengthening on all fronts as part of the senior correction of the fourth wave of the "Grand Supercycle" degree, presumably, unfolding a double zigzag with a triangle (x) . The final of wave ((X)) of d is close. Further, a decline is expected by wave ((Y)) , which should take the form of a single zigzag , the critical level for which is the bottom of the subwave b of the large triangle (x) .
● GBPJPY (FXCM): 🕐1D
Counting waves on a daily interval is exotic, suggests considering wave ((X)) in the form of a rare combination of the SZ-X-FL type. This calculation was chosen as a compromise between the rules and the "right look" .
● GBPJPY (FXCM): 🕐6h
As you know, the wave C of the plane is always an impulse or a ending diagonal . At the current stage of growth, any of these options can be implemented, but the priority is given to the diagonal ( (i)) - ((ii)) - ((iii)) - ((iv)) - ((v)) .
●● 𝘼𝙡𝙩𝙚𝙧𝙖𝙣𝙞𝙫𝙚 𝙨𝙘𝙚𝙣𝙖𝙧𝙞𝙤
● GBPJPY (IDC): 🕐1W
An alternative wave count locally reinforces the main scenario, suggests wave ((IV)) in the form of a single zigzag , within which (c) unflolding the ending diagonal .
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🛒X5 Retali Group (FIVE) - excellent setup for a long position.●● Mine scenario
● 1W
LSIN:FIVE
The large Running Contracting Triangle ④ or ((B)) has been under consideration for about two years. Until recently, the main count had a decline in the final wave of C of (E) , but after weighing all the pros and cons and taking into account the expectations for the market as a whole, priority was given in favor of a completed wave ④ or ((B)) and an early exit from the model up.
● 1D History
LSIN:FIVE
A variant of waves count (B) - (C) - (D) as part of ④ or ((B)) .
● 1D
LSIN:FIVE
If the top of the triangle is really set, then we have nothing more than a series of One-two, one-two waves " (1) - (2) 1 - 2 " as part of the expected ⑤ or ((C)) .
● 6h
MOEX:FIVE
" Pic. 4 "
The targets for wave 2 of (3) can be the Fibo cluster area within two degrees, which is indicated by the blue channel. Looking back at the alternative count, I plan to make any purchases only if 2 of (3) and subsequent ((i)) - ((ii)) of 3 are completed and the first of which will break through the top of the ((x)) — " bull lvl " and will gain a foothold above the upper border of the descending channel.
●● Alternative scenario
● 1W
LSIN:FIVE
The probability of descendind below $ 18.90 ( LSIN ) is now as an alternative count, which, however, does not make it any less likely. Wait for the indicated conditions to " Pic. 4 " and open a long trading position with the least risk.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🎮 Nvidia — Big 🐻 comes out of hibernation.● 4D
NASDAQ:NVDA
I really want to believe that only the first wave of V of (III) is formed from the top of triangle IV . But it is necessary to prepare for the worst — for the main scenario, where on the horizon the senior correction of the fourth wave of the " Supercycle " degree with approximate goals of ⁓ 10 $.
● 1D
NASDAQ:NVDA
The area indicated by the pink channel can serve as a reversal target. In the range of 830-870 , there is a cluster of significant Fibo extensions. The primary wave ⑤ will complete its target by reaching 161.8% of the wavelength ① . When the values of 830-840 are reached, the wave ④ will divide the wave V in the Fibonacci ratio, and the waves (1)-(5) in the composition ⑤ of V will reach equality.
● 2h
NASDAQ:NVDA
It is very likely that the wave (4) is completed by a contracting triangle with a further exit up. An excellent setup for buy trades with an eye on the early resumption of growth with the final wave (5) of ⑤ .
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
Apple -A company that you want to invest in over and over again.●● Mine scenario
● 2W
NASDAQ:AAPL
There is no big changes from the last update . Now the wave (III) or (V) " Supercycle " is developing, as part of which 5 of (3) is extended. The approximate targets for the third waves correspond to the color of the wave degree.
● 1D
NASDAQ:AAPL
The top of wave ((iii)) was determined with high accuracy. Next, a sideways corrections was expected in the form of a triangle, which, as will be demonstrated later in alternative count, could have already been formed.
● 4h
NASDAQ:AAPL
At the moment, I expect the correction to transform into a wider contracting triangle in the form of a running model type. The targets for the wave 5 of (3) are located at the level of 214 , but later they can be revised based on the rule of the ratio of the lengths of the first and fifth waves of the impulse.
● 30m
NASDAQ:AAPL
On the lower timeframe, not everything is so clear. A series of local sideways corrections in the form of triangles forces us to adopt a variant of counting with a ending diagonal with c of (b) .
●● Alternative scenario
● 4h
NASDAQ:AAPL
An alternative count suggests considering the probability of a completed triangle ((iv)) . If we turn to the arithmetic price scale, the lower limit of the ascending channel has been reached. The first targets for wave ((v)) of 5 have also already reached ( ((v)) = ((i)) ). Further goals: 165 and 197 .
● 30m
NASDAQ:AAPL
So far, I have nothing to offer you except of the diagonal in the current count and the top of the triangle ((iv)) 112.60 in the lower degree. I plan to make any trading decisions in this situation only if the diagonal is fully formed or broken in its current form and with a powerful exit up.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🚀Ethereum: the long-term setup FOR BUY is not ready yet ... ⏳●● Mine scenario
● 1D
Most likely, the primary wave ((4)) forms a Contracting Triangle , in which the growth is subwave (B) in the form of a double zigzag W-X-Y. Further, i expect decline by the subwave (C) . The targets for wave (B) of ((4)) can be the level 790 , where there is a cluster of Fibonacci levels and extensions.
● 6h
The growth from the top of the triangle ((b)) goes in a form of zigzags , which means that there is a probability of transformation of the wave ((c)) to the Ending Diagonal.
●● Alt. scenario
● 6h
As part of the local alternative, I assume that the diagonal ((c)) of Y is already completed. I think this count is less likely, but if the lower boundary of the ascending channel and the top of ((b)) — bear lvl are broken, this scenario will become the main one.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🚀Will Bitcoin survive the fourth wave of the supercycle?🌠●● Mine scenario
● 1W
On the left is a variant of count of the SP500 index, in which the wave ((5)) of V forms a diagonal. On the right is a variant of count of BTCUSD , which assumes a sideways correction by the wave ((4)) , as part of the final wave V of (III) .
● 1D
Probably, wave (B) of ((4)) is forming a single zigzag (double), followed by a decline in wave (C) . The critical level for wave (B) of ((4)) is 36900 , if it is broken, then wave (B)> 200% of wave (A) , which is unacceptable in triangles and, most likely, in flats.
● 4h
Count of the wave structure in the 4h interval. The first targets for wave iii of (v) are located at the level of 24470 , at which point wave iii will equal 1.618 of wave i .
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
Ripple, is that really You?! XRP/USD Elliott Wave Analysis 🚀●● Main scenario
● 1D
BITSTAMP:XRPUSD
I propose to consider the following count: the primary wave ((5)) of "I" forms the Ending diagonal , inside which the current growth (at an early stage of its development) goes through the wave "A" of (3) . Indicative targets for the third waves are indicated by the blue and green Fibo levels. The minimum goals for the intermediate wave (3) are to go beyond the local top (1) , level 3.35 .
● 4h
BITSTAMP:XRPUSD
Now we see a series of first waves in the composition of A of (3) . The Last vertical growth, I believe, was "Third of a Third" (Powerful middle section within an impulse wave). Next, a series of fourth waves is expected, at the end of which a long position can be set. The current sideways correction most likely forms a Contracting Triangle without an overlap , which is acceptable with an Expanded Flat in the position of the second wave of the impulse.
●● Alternative scenario
● 1D
BITSTAMP:XRPUSD
The count with a deeper correction "II" looks less likely, but under certain conditions it can be implemented. For example, a quite good signal for this is the transformation of the wave ((B)) into a triangle. So far, however, it is not necessary to talk about this. If we consider the current growth as a correction, then at this stage of growth it can be in the form of a single zigzag or a double zigzag (W)-(X)-(Y) .
● 4h
BITSTAMP:XRPUSD
The alternative count is aligned (has the same direction) with the main one for the near perspective, but it assumes a broader correction by the "B" of (Y) wave within the black-marked count.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.