Looking for an extended (C) wave here in (Y) if we see this volume gap break through which is likely imo.
Looking for this Wave 4 triangle to fill before completing this Wave 5 of (C)
See Chart and important to follow the path given for each 3 scenarios. Best of Luck!
your up next! Looks to have completed a major 3 wave with a completed AB wave. Wave C 1-2 looks complete and should head into an impulse Wave 3 down towards 414-431 zone. Expect a bounce there but structure likely to complete after the gap fill closer to low 380's.
See Chart - Looking for a move higher to complete Wave 1 and will be a buyer in Wave 2 Box. CEO has been loading up for quite some time.
I don't want to hear your news stories about Boeing as if any of that even matters. Technicals just aren't bullish yet. The fact is, 4 weeks ago Boeing flashed the weekly sell signal and this week Boeing back tested that signal and failed leaving a 50% wick down candle at the top of the downtrend channel. I am looking for a 5 wave down structure here to fill the...
See Chart - This is ALT #2 from our original double WXY Correction in ALT #1
See Chart - I don't believe AMD has retraced anywhere near what is coming. ALT #2 to follow as this is one example.
See Chart - Looking for 112-115 before stepping in to be a buyer.
See Chart. Looking to complete an A wave before a nice bounce into B wave.
Looking for 112-115 as a good buyzone here in Wave 4. Not seeing the A wave so assuming this is it and if so, should play out similar to this. Will watch price action once/if we see these levels.
This marks a perfect Wave 5 fib level and bottom of this downtrend channel.
If bulls are able to push above 447.08, I do see upside into 456-458 where we should see bears come back in and take control as price will meet upper channel resistance as well as previous support that broke down which is now new resistance.
Unless bulls can push above 447.08, bears still in control imo. We have a W4 ascending triangle awaiting confirmation of a break up or down. A break down should take us into 409-416 area where I would be more inclined to BTD for a move into 450's. A break above would set up our Scenario 2 which has also been posted.
See Chart attached - Looking for this wave to correct into 170's
Let price guide you Can play the upside as long as price remains elevated above 4260. Below 4260 and we likely see a choppy move into lower red box. GL Today!
Within our buybox now between 144-154. Nice setup for a wave 4 bounce into 200's before next leg down. Stop loss 133
IC&H back test failed along with weekly bear flag. Looking for one more wave down into green box