There is a probability of 26% that we will have RED December with max draw back of 3.4 % & a probability of 74% we shall get a green December with 5.2% bullish move.
"It can't keep..." "It has to..." "I think it will..."
What is the theory of contrary opinion? The theory of contrary opinion, otherwise known as contrarian investing, is a psychological theory applied to trading, according to which, when most people have the same opinion about what the market is going to do, there is a high probability that it moves in the opposite direction to that expected by that mass of...
1/ Unless November 22 was a top ! 2/ Unless FOMC'S Press Conference does not crash mkts ! 3/ From Elliott perspective this is as bullish as it gets!!! 4/Always expect the unexpected and act accordingly, we could be CRASHING TODAY !!! Alternative is WYX in Red
one. The general direction is still uptrend nothing is changing except news from Europe's lock downs. Unless November 22, 2021 was our top then we will get a trough soon. *By the end of today we might see some changes in some indicators signaling a shift of direction, we need to "Reevaluate" after the close to get a confirmation !
here on this chart since Covid's low nothing alarming as you can see , or not to be determined after FOMC's meeting.
Unless November 22 was a top and we are already crashing ,then this could be WXYXXZ structure and we are in wave XX going down for Z.
1/ On schedule then, December 22,2021 2/ If delayed of weather then, December 27, 2021 ---------------------------------- Unless November 22 was our top, the grand count is still W 3 & in "Progress"
- ETA is December, 23 2021 @10:30 AM - If you, and only IF you, are bearish or holding puts then this is your path down for wave Y of WXY. Double zig zag with W =Y.
Historically Purple is your friend unless we are crashing !!! Nice script by @fract On daily this is our range
Flat Rules: A Flat is a three wave pattern labeled A-B-C that moves generally sideways. It is corrective and counter-trend and is a very common Elliott pattern. Wave A can be any corrective pattern except a Triangle. Wave B can be any corrective pattern except a Triangle. Wave B must retrace more than 70% of Wave A. Wave B is less than twice the price movement of...
DCC Since 1981 : 10.75 % down "TOP" 25% Up. " Could've been " ATH 51% Up. "End of crash" 2.5% Down. 12.80% Down "End of crash" 7.17% Down "TOP" 32% Up "Could've been" ATH 4.59 % Down "TOP" 33% Up 18% Down "End of Crash' 12% Up 'Up trend" 27% Down "End of crash" 49% Down "End of crash" 2.43% Up ' Up trend"
Do not be mistaken mkt makers stopped here for a reason not by any random chance !!! -Bad news 1/Zero volume between 165-169 = direct drop to 165 to say the leas we r @169.69 ! Good news 2/Volume's average is as high as 3.18.21 kind off "Good" signal but dangerous if used alone !!!
a trough , YES or NO yet to be determined my mkts ! Omicron's effect will invalidate this "Rhythmed" with past signals YES or NO !
We can not have a triangle in wave 2 of motive if your count is as such, it's a flat of b of ABC ! 1/ ABC Zig Zag for wave 2 of 3 of C 2/ 5 Motive for wave 2 of 3 of 5
Are they testing the water with one leg ! NO/YES ! Time will tell ! -This has nothing to do with Technical analysis or fundamental analysis, JUST MEDIA rocking the boat kinda of analysis before something big happen. No Probability here what so ever no back testing more like a GAMBLING than actual trade plan ! -This analysis is against Elliott + Many...
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
75% we go up from here, all else being equal, Data since 2009 shows W/ higher highs of RSI