S&P: 4486 key level. I´d like to see another bullish run up to confirm my primary scenario (that we are in an impulsive wave 3)
This COULD be the start of another leg down. In my primary scenario I see new lows in ETH. Long term i´m very bullish & see 10k+!
NASDAQ: At the beginning of the week, the Nasdaq is again well above the 15,000 point mark and makes clear that the correction targets on the downside will probably no longer be achieved. For the moment, this further correction remains on the chart with a 40% probability. The current breakout continues if we dont go below 14710 points. In the next step, courses in...
Nasdaq: we are now in the alternative scenario that I already stored yesterday. We must assume that the price will approach the 14,445 point mark now. Therefore I’ve adjusted the count a little bit. The wave (3) is already behind us and we are currently working on expanding the corrective wave (4). At the 14445 point mark, the Nasdaq should turn around and rise up...
The Nasdaq has been hovering around 15,000 points for days, and is unable to break away from them sustainably, either up or down. So we are ultimately caught in the corridor between 14849 and 15216 points. At this point we have to come to the conclusion that the detour as part of an interim correction would probably be better for the Nasdaq. For this a sell off...
Last update where i gave my trading idea: Another tech stock where I see a nice entry between 96.03 - 91.34 USD. Targets: 114.22 // 115.53. Then 139.77 gap - 146.59. I´ll play this with some cfd contracts. You can also use options or normal shares. Main target is 91.34 now. Just set an alert if you want to get in;)
Last update // Scenario is still active Ethereum continues to rise and broke the intermediate high at 2989 USD. The $ 2989 is the equivalent of the $ 42300 and was the key level for wave B. The current target for ETH is still the $ 3372 level, whereby the B wave could extend even further towards the $ 4000. But if the market can break 3812, the probability for a...
Next target is the 100% target area of the BW formation. 1. target (statistical target) check. Last update:
Key level 8.69 - 9.27 USD! 14.6% fibo as a trigger level.
The Nasdaq was weaker in yesterday's trading and was still not able to break away from the 15,000 point mark. Thats why we should focus on 14849 points. I do not want to see the market drop below this level. This could be the trigger for a correction. To avert this trend, the market needs the breakout above 15216 points. This clears up the picture and we would be...
S&P chart setup: the s & p has broken out of the range. The corrective movement I expected did not materialize and we have to assume that the S&P will primarily hit new highs. The range from 4374 - 4431 is still important. In the chart you can also see a "bearish" variant, which is still possible (marked with alt.). The probability for this scenario is around 30%....
The bulls are showing strength in the new week. I assume that we will continue to build new all-time highs in order to further advance wave (5) in Orange. The target of this remains in the region around 15,600. In order to maintain the expectation of new highs, we should stay above the last interim low at 14849.
Bullish signals in H4 & H1 chart. Long positions above 200 USD. Short term target 234 USD. Mid term target 257 USD (100% target of the DBW formation). Daily close above 200 // 220 is important (lower & upper edge of the wolfe wave): H4 H1
DOW JONES broadening wedge formation: Statistical target 35.591,0 & 100% target at 35.771,0
Ethereum continues to rise and broke the intermediate high at 2989 USD. The $ 2989 is the equivalent of the $ 42300 and was the key level for wave B. The current target for ETH is still the $ 3372 level, whereby the B wave could extend even further towards the $ 4000. But if the market can break 3812, the probability for a direct breakout above 4373 increases (so...