SPX5000

SPX5000

Minimum target for the current up move - 10,550+ and this wave can extend even beyond 11,400+. Wave 1 of the new impulse from 9687 is still going on so keep buying on any dips(9950-9850 won't break if this impulse is as strong as I expect it to be. Good luck.

SPX5000

The probability that the wave 1 of the move which started from 1.1667 levels is over or is very near completion is high. Looking for possible pullback to 1.1800/1.1750. If this move is wave 1 then pullbacks are excellent levels to load up against a stop loss 1.1667. Good luck

SPX5000

Currently in c wave of 4th wave of the larger 3rd wave. Buy zone - staggered buy between 325 to 310 Minimum Target - 405+ with a lot more upside potential Stop loss for any trade on Tesla is 269

SPX5000

Short Term Target - 2608+ Medium Term Target - 2800+ Long Term Target - 4000+

SPX5000

As per my analysis , euro still has a lot more upside before we see substantial correction. We could be in 4th wave of the larger 3rd wave so dips could be shallow. Support/buy zone 1.1780/1.1660. Minimum upside target 1.2250 after this dip. Good luck to all.

SPX5000

Euro is moving higher as expected to complete the 5th wave of an ending diagonal. The top has to be anywhere between 1.2093 and 1.2247 without breaching the red channel. For any trade based on expectations of an anticipated ED the stop loss is well defined ie, 1.2247( as per EW theory the 3rd wave cannot be shortest so if we project 5th wave to the length of 3rd...

SPX5000

The odds that euro is indeed forming an Ending Diagonal is increasing. Euro is moving beautifully inside the red channel and the move will be complete anywhere between 1.2094 and 1.2247( the upper threshold as per ED rules).As long as the red channel is not broken and euro makes a high above 1.2094 , the possibility of ED is very much alive. Good Luck.

SPX5000

Euro's move from around 1.15 odd levels was very different from the move from 1.05-1.15. The move 1.05-1.15 was very impulsive and clean. The move from 1.15 has a lot of overlaps and 3 wave impulses rather than the 5 wave impulses. I think there is a possible ending diagonal developing in Euro at the moment so let us watch the green and red line carefully any...

SPX5000 Updated 

There is a possibility that EURUSD has completed the first leg A/1 of the fall from 1.2070 at 1.1870 . The 5th wave could be an ED but we need euro to break above 1.1885-90 to validate ED, if it happens then we are looking at levels closer to 1.20 again to complete B/2 wave.If euro breaks below 1.1870 then the 5th wave will end anywhere between 1.1870 and 1.1830...

SPX5000

Possible wave count for the move down from 1.2070

SPX5000

A very interesting channel in EURUSD.

SPX5000

Accumulate Ford from $9 to $5 with stop loss $1 for minimum target $19. If the current structure is ABC then minimum upside target is $19. If the move from $1 - $19 is a new impulse(wave 1) then the upside potential is huge .

SPX5000

For the first time since the move from 1.0340 euro price and RSI is showing a divergence. Maybe giving an early warning that euro is preparing for a correction.

SPX5000

Short Term target 1040+ Long Term target 1300+

SPX5000

Tesla in wave 3 which should take it to a minimum target of 550+. As per rules the stop loss should be top of wave 1 of 3 which comes at 269 . If price touches 269 then the whole wave count becomes invalid.

SPX5000

The chart is self explanatory and we are no were near the top.