Wednesday's pullback looking like a subwave 4 now expect a final subwave 5 push to possibly 25100 pivot for short entry sometime next week; This last pushup will likely terminate correction wave B and usher in wave C downdraft. Anything can happen though; market is irrational- good luck!
0709: +320; 0710: + 140; 0711: +60? Can they bull it through 25K? Maybe we get a shooting star Doji for short signal on Wednesday. Will soon see. Earnings season incoming: they bought the rumor, will sell the news. Runup in banks based on earnings expectations. Tech already tanking; hanging man Doji on Nas. Divergence in NDX +0.04% Dow + 0.58% SPX +.35% =...
FIERCE SELLING INTO EVERY RALLY BUT FRIDAY'S RUNUP AT LEAST LEFT A LITTLE GREEN ON THE TABLE THE REACTION TO RISING WEDGE BO DOWN IS ONGOING, INDEX RESPECTED PRICE TRENDLINE THURSDAY ~24K EXPECT ANOTHER RALLY ATTEMPT ON 7/02. DON'T EXPECT IT TO GET MUCH ABOVE 24460, THE WEDGE MIDPOINT. TRADED RIGHT AT MIDPOINT ALL FRIDAY BEFORE DAYTRADER SELLOFF, WHICH WE SEE...
According to my Elliott Wave count, ETH is in a reactionary wave (a correction within the correction). We are in a short term uptrend within the longer term downtrend. We have just completed 5 waves with a ending diagonal and will likely see a dip. If the prices dip, we could set some buys orders and ride to back to 1k. Note: If ETH hits the target price before...