TizTrader

TizTrader

In the last days of trading we were able to tap into the important support at the 38.2% retracement at $ 37,482 with a precision landing. From there the market showed a solid push to the north side. The bulls now have to show whether this is enough to end the current wave (iv). Theoretically, the ideal goal of the correction was achieved and the bulls could take...

TizTrader

long opportunity. 152.89 next important level in order to reach new highs.

TizTrader

In the last days of trading we were able to tap into the important support at the 38.2% retracement at $ 37,482 with a precision landing. From there the market showed a solid push to the north side. The bulls now have to show whether this is enough to end the current wave (iv). Theoretically, the ideal goal of the correction was achieved and the bulls could take...

TizTrader

Nothing new to add.. last update: The NASDAQ follows my expectations exactly and, as announced yesterday, runs to the lower edge of the triangle. From there an impulsive start follows and we break the trend line of the triangle upwards. This is a positive sign that wave (4) has finished. Now we are in wave (5) towards 15600. In order for this expectation to be...

TizTrader

Palantir is not really moving. At the moment it looks more like a small downtrend continuation. Here you can also see a potential bearish wolfe wave with an evolving 5. If this wolfe is activated, we could create a new low between 19.40 and 16.52. Only when we exceed 24.91 - 25.33 we can speak of an invalidation of the bearish formation. So the question is whether...

TizTrader

important technical aspects: The wedge formation is currently relevant for me. I'm not looking at more at the moment. The following levels are important: - H1 close above 6.20 - Trading above 5.49 - 6.50 If we break out to the downside, the wave (ii) in orange could reach a new low. That would be all ok as long as we stay above 4.29! Focus is on the wedge...

TizTrader Updated 

The NASDAQ follows my expectations exactly and, as announced yesterday, runs to the lower edge of the triangle. From there an impulsive start follows and we break the trend line of the triangle upwards. This is a positive sign that wave (4) has finished. Now we are in wave (5) towards 15600. In order for this expectation to be confirmed, the most important thing...

TizTrader

In the NASDAQ I cannot see any new intermediate highs so far, which presents a corrective character of a triangle. I assume that the triangle is the wave (4). As long as we are within the triangle, the upward movement is intact and I expect prices in the 15600 area in the next step. Should we leave the triangle below and go below 14789, we will see larger sell off...

TizTrader Updated 

S&P: (H4 Kassa), (4D Future), (1D Future): Very bullish for the S&P. In the short term I see a small correction before the market can build another impulse.

TizTrader

We are currently still in a corrective market and the index still has room to reach 14708 on the downside in order to end the correction there. If we sell below this mark, the focus will be on a larger sell off. So we could already have formed wave 3... Such a trend is confirmed below the 14445 mark. Until then, the increase towards 15600 remains the primary...

TizTrader

The NASDAQ continues to take off and builds a new all-time high. The bulls broke the psychological mark of 15,000 points. Now have the last piece of the puzzle and I can consider that wave 4 is completed: The correction ran into the zone of 38.2% - 50% retracement. That’s a typical target for a wave 4. I assume that the way towards 15600 points is paved. At this...

TizTrader

I’ll get back to you in 7-10 days

TizTrader

+ Dax chart:

TizTrader

The bulls are not secured out of the correction. But it looks solid. Should we break the 14825 points in today's trading, this could be the end of this interim correction. Then I expect new all-time highs in the further course. Goal: 15640 - 15.670 points! The low on Monday serves as the next relevant support. 14155 points are still possible in this correction.

TizTrader

ABC correction Wolfe wave setup:

TizTrader

PLTR reached my yellow zone that I called out a few weeks ago.. we could see 19.40 - 17.32 again. So far not a real sign of strength. old chart:

TizTrader

finally! EUR / CAD has set in motion. After entering the 1.46 CAD region, a five-part impulse goes north, and we reach new intermediate highs. This step finally confirms my assumption that we have seen a low here. I am still long invested!

TizTrader

Bullish price action. I expect higher prices now. Last update: Wave 2 should end with the approach of the 0.85251 region. However, so far we have no clear confirmation. I want to see a breakout above the high of wave 1. Then the correction would be done and the way towards GBP 0.89 would be free.