ILuminosity

ILuminosity Updated 

-Resistance trendline unbroken -Bearish divergence on the Wolfpack -"Overbought" on the RSI -Curling price action

ILuminosity Updated 

-Multi-decade resistance trendline unbroken -Bearish divergence on the Wolfpack -"Overbought" on the RSI -Curling price action

ILuminosity Updated 

Hold support = Pumpy Break support --> turns resistance = Dumpy (Target: 1000 day EMA / 200 Week EMA ~$18) P.S. Most Auto startups do not succeed during tough times :)

ILuminosity Updated 

Downward curving spiral channel. Equities crash when we hit the top of the resistance line. Likely stock market crash Q1/Q2 2023 given rate of increase. Short-term consolidation period expected Q2/Q3 '21 before final rip. GG

ILuminosity Updated 

This version of God View includes Fractal Analysis China QE = Roaring 20s or Black Swan Bust

ILuminosity Updated 

- Double three is a sideways combination of two corrective patterns. - Three types of corrections: zigzag, flat, and triangle. - Combine two corrective patterns = Double Three. - Wave B = 4333 - Final Zigzag Wave C = 123.6% of wave A = Wick right below, to 3553. - News outlets will be screaming recession; the bottom signal! - Estimated time of bottom: August -...

ILuminosity

“Price is a creature of the market’s mood. In booms, it is set by the greediest buyer; in busts by the most fearful seller” – Benjamin Graham

ILuminosity Updated 

Oversold! Horizontal & 1000 Month EMA support held. Active position @$30 SL: $28.2 Projected Exit: $60 - Easy 100%

ILuminosity

BTC price action and targets were correctly called. Elliot Wave Theory proved practical, and the 20K target was reached. TA from 7 months ago: Some Bulls are arguing this is the bottom. This post will explain why 10K is reachable: -Fundamentals: Inflation, rising interest rates, recession talks, geopolitical events including War, commodity...

ILuminosity Updated 

This cycle PT is 4K. Bullish pennant and room on indicators to allow for such a run!

ILuminosity

Expanding triangle Target: 49.5 In Elliot-Wave theory, triangles have 5 sides and each side is usually subdivided into 3 waves. Analysis valid as long as the channel stays intact. Equities will micro-bottom mid-June before the commencement of the melt-up rally! Earlier analysis: 48.5/49.5 achievable with an extended market correction. Implied volatility...

ILuminosity

More downside till mid $5 range before the start of a new uptrend. Double bottom possible post squeeze or straight rip up!

ILuminosity Updated 

Log target: 48k The dotted red line is adjusted for inflation. The stock market cycles are lengthening. Continued downside till EOM followed by a final melt-up rally that will bring the end of grand wave 5. ETA: Q1 '23.

ILuminosity Updated 

12K (Wave 1 top) or 11K (200 Week EMA / 50 Month EMA ) micro-target followed by the melt-up rally. Linear local top: 19000 Extension top: 28000 (Extension includes 5 waves within final wave 5 of grand wave 5) *Bullish monthly engulfing candle closing above 19K means the log/extension targets are at play!* ETA: Q1-Q3 2023 80% Bear Market follows - Target: 5150

ILuminosity

More downside first to either support line. This move will cool down our indicators. Wave 5 melt-up follows! Bottoms: 2450/2050 followed by Top: 5000/6000! 60-80% bear market comes after!

ILuminosity

Rising Wedge + Macro Bearish Divergence = RIP Low ROI is not worth it anyway... The only way bullish is if macro conditions improve and the melt-up rally commences (entails confirmed breakout)!

ILuminosity

Top called July 27th, 2021, months prior. No surprises/remorse here! The idea is linked below. Moving forward, Netflix's price action will be choppy and downward facing. ABC correction in progress; B wave recovery expected soon. Bottom of the historical channel - end game. Fundamentally, increased competition will continue the downtrend in subscriptions. Conclusion: Bear!

ILuminosity

This version of God View includes Technical Indicators -GANN Fan -Fibonacci -Triple Confirmation Buy/Sell Indicator (Market Liberator - Money Flow Oscillator x WolfPack ID) -RSI Strong support at 18.4K as per both versions!