I like this count for $AMC. But what do I know? I just like the stock.
$SPY looks coiled in the 1hr, perhaps inside a wave 3 of 3 of 3. If it can break out of this channel, I'd expect a strong push up.
The bullish case for $SPY is that we've just entered wave 3 of 3 of an extended primary wave 5. If this count is correct, look for another melt up starting end of day/Monday morning, continuing next week or more. There is a bearish case, too, but I like this count. Not investment advice.
If $SPY can hold this channel line today, crisis averted. Otherwise, next major support in the $370 area.
$SLV is near the bottom of a long term upward channel. I'm looking to add some long June calls in the box.
Yellow looks bad. Blue looks good. Today through Monday will decide. I lean blue, but will be cautious.
$LI has been coiling a while. Primary wave C just ticked the 0.618 of primary wave A, marking what I believe is the end of a cycle wave 2. After today's low, I believe we are in intermediate wave 3 of primary wave 1 of cycle wave 3. Lots of room to run here. Target around $35.
Let's all go to the lobby, and grab ourselves a snack!
$XPEV looks coiled nearing the end of a corrective triangle on declining volume. MACD nearing a golden cross. Good r/r for some long weekly calls. Not trading advice.
If you do, then this might be the elliott count for you! Rocket emoji, etc. Good luck out there, folks!
If this weekly candle can close below the the 2.618 extension of primary wave 1, then I like $IWM to correct back to the support line ~$190 for a primary wave 4. If these trend lines are to be believed, then the timing for wave 4 will be accurately forecast as well.
$IWM has gaps. Air pockets. Vacuums. Someday, these will fill. Someday, my prints will come.
$TSLA just printed its 10th consecutive green candle. Over the past three years, $TSLA has never printed 11 green dailies in a row, and has printed 10 just once prior - in early April 2020. Law of averages favors a red candle tomorrow.