GLD seems to have reached the end of minor wave 2 up. Minor wave 3 should last many months and should take prices to levels much lower than 136. As shown by the Commitment of Traders graph, speculators continue to be at record net-long positions in gold futures and at this junctures they are usually wrong as shown in history. FOLLOW SKYLINEPRO TO RECEIVE UPDATES.
On March 2nd Gold reached the end of a primary upward corrective wave and began its path down in primary wave C. The correction should last around 2 and 3 years and can reach up to 40% decrease in its price.
As predicted in our post of March 16, gold is on its path to new lows and is now tracing minute wave 3 down, which should push its levels to new lows. Next target should be around 1600. FOLLOW SKYLINEPRO TO GET UPDATES.
GLD finished wave 2 up. The next moves should be down with a total decline of more than 20% duribng the next few days. FOLLOW SKYLINEPRO TO GET UPTDATES.
XAO seems to be tracing a primary wave B up of a cycle corrective wave b. It just began minor C up. We may see the index delivering 5 to 15% of returns during the next 10 days. FOLLOW SKYLINEPRO TO GET UPDATES.
AUDUSD ie tracing the early stages of a primary C wave up that should lead prices to around 0.80 in years to come. Short-term opportunities will happen as the next one that should appear when minor wave 2 is complete. The most probable next target is at 0.60 before prices increase again. FOLLOW SKYLINEPRO TO GET UPDATES.
Bitcoin seems to have completed sub-minuette wave to at exactly 0.618 of wave 1 retracement, which is the most common number for second waves. If his scenario holds btcusd should reach 8,000 level in up to 10 days. If bitcoin crosses down 6,450 this forecast should be void. FOLLOW SKYLINEPRO TO GET UPDATES.
DLN(UK) has finished primary wave A up, as the critical mark in the previous shown analysis was crossed. It is now tracing the first waves of a intermediate wave A down. After it is complete in 5 waves, there should be a small correction up and prices should fall again in order to cojplete primary wave B down. This scenario will be void if prices crosses up 3666....
Auxly retraced near 0.618 of wave A, a probable target for the end of B wave down. The next wave is a minute C up that should complete minor wave 4. If this is the case the most probable target is at 0.55, 135% above the current price. Its market peer KERN already grew the same amount recently. If it crosses down 0,21 the odds go to that minor 4 is finished and...
Ericsson seems to be tracing the last wave of an upward correction that would complete minor C wave. After this it should turn down in another good move down. Follow SKYLINEPRO TO GET UPDATES.
Harvest Health, a cannabis stock, seems to have finished its minor wave 5 down and tracing minute wave 3 up. It is behind its sector peer KERN which had recently grown more than 100% (see its recent post here). If minor 5 hasn't finished yet it should cross its low at 0.47 before going up, this would be the alternative scenario. If it crosses 1.20 the odds...
After reaching its low at the end of minor wave 2, Akerna strongly rebounded and grew 108%. the next probable target for is at 9.12, when minute wave 3 should finish. FOLLOW SKYLINEPRO TO GET UPDATES.
Brazilian real reached R$5.35 on April 9, as predicted in a previous post. It is now tracing a minor wave 4 that when completed will turn turn to another last move up in minor wave 5 that should elevate the currency to around R$5.45 to R$5.50. The most probable time frame for this target is around 3 to 4 months form now. This last move should complete primary wave...
ESRT just seems to have finished a bearish triangle pattern that may have completed minor wave 4. To a more probable confirmation wait the REIT to cross the upper line of the triangle before shorting or exiting the position.
TSX seems to be tracing intermediate C up. The most probable target is at 1x or 0.618x the size of intermediate wave (A). If 1x, the gains will reach 10%. Keep tuned. FOLLOW SKYLINEPRO TO GET UPDATES.
HPP the prime office building REIT from the west coast of the US seems to have entered in a minor 3 wave up, the best wave to surf. Most probable target is from 28.08 to 28.85. FOLLOW SKYLINEPRO TO GET UPDATES.
CUZ is finishing minuette wave 4 and should bouce back up in minuette 5 of minute 3. This scenario should boost 15% in price in the next two days, which is the 1.618 fibonacci level compared to minute wave 1. FOLLOW SKYLINEPRO TO GET UPTDATES.
SLG seems to have completed minute wave 5 up and is now starting totrace the corrective minute 2 down. The most probable range for this correction target is from 49.66 to 48.08. FOLLOW SKYLINEPRO TO GET UPDATES.