nur16i

nur16i

After receiving the forecast for the S&P500 index, for more than 2 months we simply observed sideways movement. At the moment, the formation of the right reverse H&S is taking place, and the local correction looks complete. The behavior of the indices is extremely volatile - we open the day in the red, it will be released for the upcoming session next year, and by...

nur16i

According to the Russel2000 index, I change my idea to the opposite one. The index cannot overcome the resistance level, which has served as a support level for it for more than a year. A flat is formed, which in this case serves as a pattern to continue the downtrend. The target level for moving down is the level of $160. The fall will not be fast.

nur16i Updated 

The Small Cap Index has been erratic over the past year. I will assume its movement, as indicated in the attached forecast, with the target of growth until the end of the year up to a value of 270.

nur16i Updated 

Short-term forecast for Russel2000, relevant mainly for small caps companies. The index, starting in September 2020, bounced off the support level of 2100 several times, and on December 20 of this year found itself in the superpoint zone, from where it went up strongly yesterday. Growth is expected to target up to 2500, up to the support level of the sloping...

nur16i Updated 

S&P500 Index. TimeFrame = 4H. Judging by the available material, a large Wedge is being formed, which began in September 2020. Now we are in the last, 5th wave, both locally and globally. At the moment, a reverse H&S is being formed (by Friday, the right shoulder will be formed on a small correction), after which the target of this local pattern will be the target...

nur16i Updated 

Enphase Energy, Inc. Trade for a period of six months. The trade will be helped to predict the rise in oil prices and, in general, for all energy carriers. The security looks like a final correction in the second wave, from where the third wave begins in terms of growth by 52% to the price of $237, which is slightly above the historical high. The price moves...

nur16i

Cool paper, I hold it in a large position. According to TA, the annual accumulation in the form of a Triangle is nearing completion, the final wave E, which can be of any size, is nearing completion, so there is a high probability of creating a bearish trap to take their place. The current price is in the center of VPVR accumulation and near the average price,...

nur16i Updated 

The movement of the paper is exactly the same as Bitcoin. In connection with the ongoing correction of this cryptocurrency, a BTBT correction is seen up to the price of 7.50, just as Bitcoin is seen to be corrected to 37500 levels, from where the security should supposedly exit the downtrend wedge-like formation and move up to $10 (+ 34% from the 7.50 entry...

nur16i Updated 

Zynex Inc., can be conditionally considered one of the "second tier" securities, which are now massively rising from the bottom, and now it is in such securities that tens and hundreds of percent of growth can be expected. Here we have the 2-Bottom Base pattern, it is this pattern that will now justify the achievement of the first goal to $ 26.51 (34% growth)....

nur16i

Much attention has been focused on China. Getting ready to get out of the shorts. IMHO, the last doubters are shaken out of China, frightening along the way with the collapse of Evergrande and further collapse along the chain. But for now, I can emphasize, all behavior is strictly subject to technical analysis, and I must say, they will not fall for long. The...

nur16i

NIO, close to the end of the correction, is in the 5th correctional wave, locally also in the 5th wave inside the falling Wedge, the exit from which leads to short-term targets 40.85, 46.19. If the security goes beyond the limit of the big Flag, then the next targets are 53.57, 65, 78 (plus 100% of the current price). A good point for a medium term paper set

nur16i

AMC seems to be close to the end of the correction. There are no patterns here, and in such cases only Fibo levels, waves and indicators work. In this case: 1. The security came to 0.618 to the price of 38.12, while being within the previous 0.618 at the price of 28.89, from where the growth began last time, which is a strong level. 2. According to the wave...

nur16i Updated 

The S&P500 index is at the stage of the Wedge pattern and the beginning of its execution .... I hold the shorts. I suppose that market participants will start shifting from overbought Big Tech to oversold small caps.

nur16i

Looking at the correcting S&P500 and the Nasdaq, it is difficult to imagine that small caps will grow, but as I have said many times, such a scenario is quite possible. If Russel2000 breaks this local Flag up, then the target is to grow to 233, and the fulfillment of this goal will give an exit from the large Flag / Triangle, and then it will start to go up ...

nur16i

Due to numerous requests, I am publishing a technical analysis on XRP. Unlike #BTC, where the Wedge was formed and executed, the ABCD pattern was formed on XRP, which is a growth entry pattern. Point D of this pattern can be located at a distance from 127% to 161% from point B, at the previous admissible level of exactly 127% (yellow point at the red price level...

nur16i Updated 

The previous short forecast for the S&P500 index was canceled ahead of schedule, the target of the fall was not fully met, like most of the short forecasts for the last year. A wedge (in red) was formed and completely executed in the 3rd wave of the Great Wedge (in white) in the form of an ABC wave (in blue). We have a reverse H&S pattern, which is still in the...

nur16i Updated 

The index shows the formation of a large triangle with dimensions since mid-February. This pattern is a solid trend continuation pattern. The formation of waves D and E remains, now we are growing short-term to 100 and 200 leading averages (12900-13000). The further development of events depends on whether we go above all the turquoise levels, then we will follow...

nur16i Updated 

A trade in which the use of Fibo may not work, and we, knowing this, will be faster than others. The security rose literally from the bottom from the price of $ 2, and rose to the price of $ 7.85 (+ 116%), after which it went into the expected correction, forming the Flag pattern. But few will notice a strong resistance level at the price of $ 6, which the...