Technical Analysis: - As you can see in the chart, the medium term correction is finished in the wave II in red. Now we expect that CL(Crude Oil) goes up at least in 3 waves to around $105 - H1 & H4 Right Side are Up - CL seems strong in short term Technical Information: - We like to buy CL in wave (2) in blue around $77 as hedging
Technical Analysis: - As you can see in the chart, SPY is doing a short term wave 3 in red - We expect that it will extend lower to finish correction around $300 ~$310 in the orange circle to complete the ABC correction of the wave II in red - H1 & H4 Right Side is Turning Down Technical Information: - SPY is a ETF and it has a very strong correlation with...
As we can see in the chart, Amazon(AMZN) WXY correction is in blue and we expect more downside to around $60 only when the wave (Y) in blue and Wave ((II)) in black are complete. Technical Analysis: - H1 & H4 Right Side are Turning Down - Technically AMZN has now 5 waves down and has a strong correlation with NASDAQ - that's why we expect that it extends...
As we can see in the above weekly charter, Apple(AAPL) is doing a correction in wave (C) in black to complete the wave II in red. The wave (C) will be done in wave 5 in blue. - ALERT: We expect Smart Buyers will appear around $140~142 - Apple(AAPL) has a strong correlation with NASDAQ and this also shows the similar structure. We need to continue following this...
As we can see in our weekly chart, Tesla(TSLA) is continuing to do the correction in wave 2 in black. - Around $150 we expect the smart buyers as it's a buy edging area - Around $250 we expect sellers - Around $190 we expect a big decision in Tesla(TSLA) to follow PATH 1 or PATH 2. We also need to follow correlation with NASDAQ and SPX Indices. Now the Right...
In the above Daily Chart, we've forecasted a marginal high of Gold(XAU) to around 2,060 and from this level we expect a correction ABC to around 1,800 where the smart buyers must appear with higher probabilities. In weekly(W) time frame, Gold(XAU) has a bullish structure .
In our daily chart, you can see in the orange circle wave 4 in blue and wave 2 in black which are edging buy area. The green Fibonacci Retracement 38.2% area shows the end of wave 4 which is a buy area once BTC(Bitcoin) is bullish in short term. Wave 2 is an edging buy area and we need to wait for some weeks to happen. Don't sell BTC(Bitcoin) in all time frames...
Technical Analysis: - As you can can see in the chart, Alibaba(BABA) is still correcting in short term wave V in red and it must be completed around $43 when we think smart buyers will appear - If the price crosses the invalidation level around $121.30 it means that the correction is over or we can have a bounce in WXY Structure in wave IV which will extend more...
Technical Analysis: - As you can see in the chart, DOGE has a strong up reaction but we need more data for a confirmation to have a new structure - Short term correction is finished in wave II in red - We expect in the Short Medium Term ((3)) waves in black bouncing - We need to cross wave I in red to get a more confidence up in a Bullish Short Term Structure -...
Technical Analysis: - As you can see in the daily chart, in the very short term we've two possible paths - Path 1 and Path 2 - Today with actual data - the odds for Path 1 is 60% and the odds for Path 2 is 40% - We expect to buy wave II in red completely around $8,000 Technical Analysis: - H1 & H4 Right Side is Turning Down
As you see in the chart, we expect more downsize in Crud Oil(CL) and we like to buy medium term wave II in red to around $50 where we expect that the smart buyers will arrive. Please be patient for more some days in order to do a good long term buy. Next week we'll update this forecast.
As we shown on the daily chart, we expect 1(one) wave ((5)) movement in the next months to around 118. So the biggest odds are higher. If Dollar(USDX) breaks the last low wave ((4)), a double correction will take place. In this moment, the Right Side of H1 and H4 is turning up. We need more data to see a clear definition in USDX next movements.
As we can see on the above chart, Nifty & Nikkei have two different Corrective Structures . Nifty and Nikkei is a ABC and WXY correction respectively. So the Right Side in the short medium term is down or turning down . Now we expect that the correction will be completed in the end of third quarterly, 2023. At this moment we only identify Nifty with bullish...
Short and Medium term structure S&P is bearish once it makes a new low around 3,500. Now we expects more downside to 3,100 as it's shown in the orange circle in Daily Chart. We expects a reverse in this circle area and we saw a strong correlation with other indices (American, European and Asian). Next week, we'll update this forecast.
As I predicted it just reached 9.3 Thousand. Now DMI, RSI,MACD, and ichimoku cloud ought to rise to the next strong resistance 10,000. Always we need to pay attention to the volume, it can decrease for the next 48hours.
Volume is now critical to cross the resistance ! I am waiting for the volume to increase significantly.....if not I will be short
As we can see , Volume ,DMI,MACD,RSI, points to be LONG
Volume ,DMI,MACD,RSI authorize us to be for now -LONG