yuchaosng

05:52

yuchaosng

The equity indices has fallen to our target and we are seeing 5-wave completions. So I think it is a good time to reduce your shorts and move from a short to a more neutral stance. The current price is also a good support for the indices. Remember that there is a weekend risk here also. Good luck!

06:18

yuchaosng

This is the video update that I promised in my previous video. I have mentioned that when prices is reaching the personal target, I will update again. So for those of you who are still holding a short position, and you want to hold on and see if this is gonna be a big ride down, my suggestion is to adjust your stop loss and maybe reduce you position (i.e. take...

16:54

yuchaosng

This is really an extra video that I made because I see some educational value. I use Nikkei 225 to show repeating of patterns and the fractal nature of the market, S&P and Nasdaq to demonstrate the usage of Fibonacci levels and study of historical support and resistance, and finally Hang Seng to discuss on placing stop losses and how noise in lower time frames...

06:16

yuchaosng

Updated the wave counts for the down move and the subsequent move up. I believe we are going into a wave 3 (or C). So it is a good opportunity to short again.

04:04

yuchaosng

As I mentioned in the recording, there are multiple completions of 5-waves with the last wave as an ending diagonal. Good luck!

yuchaosng Updated 

For this idea, there are 2 things to take note: 1. I believe the breakout to the upside to be a false breakout. Thus price should fall back into the channel. 2. The "C" wave is slightly shorter than "A" wave, but it shouldn't matter since corrective wave does not conform to the "3rd wave cannot be the shortest" rule. If you are an active trader, you can choose to...

yuchaosng Updated 

This is similar to the S&P500 short idea. In fact, they complement each other. While S&P500 has breached the top trendline, Nasdaq hits the trendline. Also something different from S&P500 is that the Nasdaq correction unfolds is 5 waves instead of 3 in S&P500. Place the stop loss where I indicated and you should be fine to take one a positional short. Good luck!

04:52

yuchaosng Updated 

As explained in the video, I have 3 hits that suggests that we have hit the peak for Nasdaq: 1. Hit previous high made on 20th March 2025. 2. Fibonacci Extension where wave 5 = 1.618x Wave 1. 3. Entire wave e = 2.618x Wave 1. Important here is the stop loss of around 19978. This is a positional play, meaning to ride this position if it goes in our favor. Good luck!

yuchaosng Updated 

In my 18th March 2025 idea on Hang Seng Index, I said that an ending diagonal has formed for HSI and to prepare to short (linked in this idea). I also reiterate that it will be a sharp move down because that's what proceeds from an ending diagonal. Hang Seng Index had falled almost 1400 points since then. So what now? I believe that it is still a short because...

yuchaosng

Take note that there is a rule breach in this analysis where wave IV is in the price zone of wave I. Aside from that, I have drawn a 5 waves overlapping each other for wave 5 thus expecting an ending diagonal. The target of $5.22 is from the convergence of 2 Fibonacci extensions. Also, it is near to the resistance trendline. Thus the stop loss is placed above the...

yuchaosng

I see a 5-wave structure in Cocoa with the last wave as a potential ending diagonal.

yuchaosng

Where to short AAPL? I think the red line price of $219.71 is a strong resistance because it is the price where there were 2 previous lows (first 2 red arrows pointing up). Take note that there is a chance that the recent low point is the end of the entire correction if that is a wave C. My Primary count that it is just wave 1 of C is a BIAS. Just keep that in...

yuchaosng

In my previous video, I mentioned that I expected 4th wave to have completed. However, the latest wave structure made me reconsider that I may be too early yet again. Thus, I SHIFTED the e wave of wave 4. In this idea, you can see that I also drew a parallel channel. The purpose of which is to give an approximation on where the wave 4 will actually end before...

25:47

yuchaosng

This is a long video where I reviewed indices, mostly tech stocks, Bitcoin, Oil, and Gold. In summary, I think that we are in a bear market now.

04:14

yuchaosng

As mentioned in this video, I have a primary count that states that Gold has completed the entire wave 3 (see link video for cycle wave counts), and my alternate count is that the 5th wave is not completed BUT sub-wave3 is completed and we are going into wave 4. Both primary and alternate points to a short opportunity. The stop loss will be recent high (around 3058).

06:04

yuchaosng

As mentioned in the video, I still think that this is a short. If I am wrong, I also explain how I would set the stop loss. Remember that an ending diagonal will see a quick fall in the price when a breakdown happens. Good luck!

01:23

yuchaosng

This is based on descending triangles being bearish setup. So I would think that there are 2 entry points: 1. When it touches the upper trendline, or better yet, 2. When it breaks down from the lower trendline.

yuchaosng

While I've been putting up shorts for Nasdaq, Meta, Google, and Amzn, I just realized that I did not do it for AAPL. So here's the wave counts update. While the direction is down, it does not mean to short it now because this wave 3 down is now approximately equals to wave 1 (around $40). An extension of 1.618 will give us another $24 down move but I CANNOT be...