OANDA:XAUUSD breakout below the short-term rising trendline is calling for a deeper pullback to 1960 and below
After hitting what it seems fifth wave high for now SKILLING:US100 is turning lower and we could see a huge reversal pullback to 16000
NASDAQ:QQQ is testing the upside resistance to confirm the fifth wave finished
BITSTAMP:BTCUSD is testing the most crucial support 42000 for the upside continuation or a pullback
OANDA:XAGUSD is rejected from 26 and is opening a swing short trade for now which could lead the price action lower to 23
SKILLING:US100 is breaking above the 16000 resistance and if this price action sustains then we will see 17000 soon
BITSTAMP:BTCUSD needs to clear above 39000 for a big short and medium-term continuation higher and an invalidation of the downside long-term wave
NASDAQ:QQQ is still in the fourth wave pullback and we have a near invalidation level 350. Watch the video for trading strategy.
TVC:DEU40 is testing the fourth wave confluence of the support 14500 and a bounce from here will lead us higher in the fifth wave
OANDA:XAGUSD could swing lower from here to attack 20-21 zone
As long as the NASDAQ:QQQ is above the 340 this is considered as a fourth wave pullback and a beginning of the fifth wave to the upside
XETR:DAX is extending higher and we expect fourth wave to be finished with a wedge break above 15600
BITSTAMP:ETHUSD is testing the extremely important support for a reversal higher continuation or a pullback lower and downside continuation
AMEX:ARKK now needs a break above 45 for an extension higher after the long-term falling trend line break. Invalidation of the upside extension can only come if we see a break below 40
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NASDAQ:AAPL bounced off the channel support and is reaching the mid point of the channel. I am more inclined to an uptrend extension to 200 at this point.
OANDA:XAUUSD is in the bullish flag consolidation before an extension higher. A break above 1950 is required for an attack on 1970. Only a break below 1890 will lead to an invalidation of the fifth wave extension.
Oil is rotating higher and is being confirmed by a break above the 73. Look at the Elliott Waves and trading setup.