Levels are not drawn to scale, still looking for the development of a 1-2 structure, but definitely looking to retest the local high. Will post updated levels closer to target. Copyright Rohan Karunaratne 2020
Fell a little lower than my previous targets, but still found bottom, and had strong rebound. Confident in support levels, and great "comeback" trade after beatdown post Apple Event. Note Earnings are on 10/29, I plan to sell before then. Copyright Rohan Karunaratne 2020
Same count as /NQ, strong rally after reaching target for C, looking for wave 1 to 155 (micro scale), and big picture, completion of wave 5 to 160+. Copyright Rohan Karunaratne 2020
As long as we stay above the lows set in the morning, high probability we can get to 12,000 by the close. Copyright Rohan Karunaratne 2020
Modified from a ABC count to 12345 count, should get a low in the morning and then start running in the afternoon. Copyright Rohan Karunaratne 2020
Copyright Rohan Karunaratne 2020
Still bullish longterm, but needs a correction to complete wave 4 and begin 5 to the upside. Copyright Rohan Karunaratne 2020
Didn't get a lower retracement around 300 as I previously thought, so a macro ABC count was invalidated, looking for continuation of this 12345 move to the upside. Copyright Rohan Karunaratne 2020
Copyright Rohan Karunaratne 2020
Fell within our target range, looking for cross above high going into Friday. Copyright Rohan Karunaratne 2020
Elimination of the orange count earlier in the morning with the break below 2. The correction shouldn't be too large, I entered some long positions earlier today and don't see a larger selloff in play right now. Copyright Rohan Karunaratne 2020
Primary Count is in Red, still targeting a small correction to complete 4. If not, and we get a break above 3, then 4 will be the low of today, and we are on our way to wave 5 in a 12345 sub wave. Copyright Rohan Karunaratne 2020
I am personally invested in gold and gold miners, as they are inversely correlated to dollar index. Still no signs of sufficient bullish case for DXY. Copyright Rohan Karunaratne 2020
Copyright Rohan Karunaratne 2020 To be clear, not shorting this stock to 6, way to volatile and can push out anytime, but will try to get long around 6.
As mentioned yesterday, we found a good bottom earlier in the morning which will setup a 1-2 wave, as long as the bottom holds, looking for wave 3 up soon. Copyright Rohan Karunaratne 2020
Copyright Rohan Karunaratne 2020
Copyright Rohan Karunaratne 2020
Copyright Rohan Karunaratne 2020