MoneyEngineer

MoneyEngineer

The entire rally up from the beginning year lows is corrective in its nature. Indicating the could be much more down side and a bigger degree pattern is in play.

MoneyEngineer

GBP has been on a serious bull run in the past months. The EW structure says no end is in sight yet.

MoneyEngineer

Elliot wave outlook: If it starts to break down under the 0.618% retracement it will be a nice sell.

MoneyEngineer

www.tradingview.com Bitcoin will have a very big year this 2019.

MoneyEngineer

Elliot Wave outlook. After the rally last night it is almost certain new highs will come.

MoneyEngineer

Elliot Wave outlook. Possible end of a Zig Zag. will look for entry monday.

MoneyEngineer

Elliot Wave outlook. The prior move down is too deep to be considered a retracement of the prior impulse, so that leaves us with this being a higher degree correction.

MoneyEngineer

Elliot Wave outlook. Current administration took off the red tape on small cap businesses, and now we are in the biggest bull run in history.

MoneyEngineer

Elliot Wave outlook. In a long term bull run how does someone use elliot wave practically to make $$? = Segmentate the prior impulse and corrections, and take advantage of the intra-day moves within the structure.

MoneyEngineer

Elliot Wave outlook. Due to the corrective nature of the move upwards, we have to be careful of the possibility of a flat correction.

MoneyEngineer

Elliot Wave outlook.

MoneyEngineer

My bearish count for the dow.

MoneyEngineer

From an Elliot Wave perspective.

MoneyEngineer

All other charting software does not have this spike down, can you imagine if you traded off tradingview through a broker and you were long the DJI? Really dis- heartening to see, this needs to be fixed immediately!

MoneyEngineer

So fundamentally after the crash boeing encountered recently their stock dropped 9%, which could be a spark for everyone to start shorting it. This would mean it would be difficult for the Dow to rally since Boeing holds the most weight of any other in the index. From an Elliot wave perspective the entire impulse up may be complete and this could drop up to 50%...

MoneyEngineer

This is a great pair to day trade since it has been trending so well. Overall bias for me though this is a mere correction of the overall move.

MoneyEngineer

A series of 1,2 1,2 waves down in the moment, I can imagine the nfp report later will only push this lower.

MoneyEngineer

Much more convincing than the dow count is the nas100usd. Very clean move down. I do believe we are still in a primary bull run, but as of the moment a drop to the 0.382% retracement seems likely.