mcmarc2000
Potential ABCD 1.27 extension that precisely hit R1Yearly 509.3 pivot by a few pennies. Note looks like a falling wedge is forming ... thoughts appreciated thanks
CAUTION if we push above 240 main structure poc .. 1st target 244 #2 245 ... happy weeknd, play safe .. cheers
Rising Wedge .. I believe we started wave 5 down .. lotsa of air to the downside.
This parabolic curve was difficult to assess due to the extreme chop. If my fib math is correct Parabolic PRZ calculated at 430 .. 1.618. Parabolic Retracement Levels … 424 .236 420 .382 417 .5 (R1 M Past 417.15) 414 .618 411.50 .71 (411.30 POC VRVP Price Magnet) Confluence Overall Swing Retracement 418.60 .236 (R1 Monthly 419.18) 411.43 .382 (411.30 POC...
Patterns have a tendency of mirroring themselves over, I've seen it too many times .. 17.32 neckline support busted. Stop loss below support would be ideal set at your risk % comfort ..
Potential of a 3rd wave equal leg precisely targeting POC / S1 Yearly.
PRZ Target confluence is remarkable ! lets see what develops )
3 DRIVE PATTERN math precisely intersects top trend / linear regression which is key. Resistance @ 417-419. Liquidity @ 426.
W PATTERN ... 55 is an important key level, calls above.
I see 2 potential targets ..... 1st Target AB=CD 280 POC R1 Yearly 2nd Target 380 if wave gets extended 168% POC.
BAT Harmonic / Weekly Bull Pin … 3rd equal leg wave precisely targets 50% fib. Resistance at 90.59 yearly central pivot. Thoughts appreciated ?
Triple Top consolidation .. 22% potential if 139 support fails
Rising Wedge .. megaphone exhibiting bearish divergence.
HES - W Pattern - Consolidated most of March in form of a FLAG. I can see it hitting 120 once it breaks out. The 24 analysts offering 12-month price forecasts for Hess Corp have a median target of 118.00, with a high estimate of 180.00 and a low estimate of 88.00. The median estimate represents a +23.64% increase from the last price of 95.44.
I see an HnS with Bear Flag breakout .. thoughts appreciated
Cup / Handle played out nicely on Tuesday with price falling again today, closing just above yearly central pivot. If CP busts its all air to 401.56 38% fib .. Gap and Liquidity waiting down under with Monthly POC @ 398.39.
Bearish Cypher that intersects exactly at Central Yearly Pivot. Note that 400 is S1 yearly key level. Im only DayTrade SPY .... just curious to see what develops with this swing prediction ) cheers
$ edging at key level, if we break 29328 plenty of air downside.. my bias is bearish. AB = CD with harmonic box confluence. AB=CD with harmonic box confluence.