yuchaosng

06:34

yuchaosng

I propose that Oil is a good short candidate because of what I am seeing: 1. Rising Wedge 2. Ending Diagonal within the Rising Wedge I propose 3 entry points for shorting but mention that if you are shorting at the top of the trendline, to cater for false breakout, meaning more allowance in your stop. Good luck!

04:44

yuchaosng

In this video, I updated the wave counts for S&P500 and expects a last wave 5 of 5 (thus the long). I uses 2 Fibonacci extensions to project the final target and chose the lower of the target as the TP. Once the target is reached, then we look for a reversal signal before entering short. The target of the short will be the end of sub-wave 4 as illustrated. Good luck!

07:35

yuchaosng

I go though why I think that the alternate count (bullish case) is increasingly likely, and using Russell 2000 as a reference. Using S&P500, I also updated the wave counts down to the minute degree. Remember to keep your risk tight! Good luck!

07:39

yuchaosng Updated 

This idea is recorded during the Asian hours. But it is really just an update to previous calls for a down move in the equities. I touched briefly on the wave counts and discussed on the setting of stops and price targets.

yuchaosng Updated 

Nothing much to say over here as I've already given analysis previously for Bitcoin. Just wave counts update.

01:59

yuchaosng Updated 

As I mentioned, I was wrong in the previous analysis. And this time, I would short again with the stop loss above where I put the end of E wave.

yuchaosng

Instead of the original abc, I've changed to wxy. Given the tendency of markets to do combinations recently, I would put a wide stop. Maybe $1000 above the high.

03:58

yuchaosng

Take note that I do have a bias on when analyzing the bond yield. But the counts are valid nonetheless, except that another leg down is also valid (as briefly mentioned). Take this as a part 2 to the multi-assets analysis that I made on 11th April.

07:58

yuchaosng

I go through the Elliott Wave Counts here and why I think this is a good. I also discuss the various take profit targets. Essentially, I believe we have ended wave 2 of C and will be going for a wave 3 of C.

04:39

yuchaosng

I discuss how the additional wave up could have a larger implication on the entire outlook of S&P500 and could cause a re-labelling of the entire wave structure. What we want to see in order to keep our primary count, is a breakdown below the low of where I plotted wave 1 of C. That is, below 5119.8. But no matter the primary count or the alternate count, it is...

04:54

yuchaosng

As explained in the video, we are in wave 3 of C down and I expect that we will make a new low. Good luck!

10:55

yuchaosng

In another multiple asset classes and instrument video, I go through the Elliott Wave counts for each product and suggest that the market is telling us that a recession is coming. Good luck!

02:44

yuchaosng Updated 

I mentioned in my previous analysis that we are waiting for a short (the previous one was a long-then-short linked with this idea). I did not post any short idea yesterday after that NOT because I am good and recognize a double combination. It's really because I was too busy with work and I am glad my last was a long-then-short. Back to this, remember that the...

yuchaosng

As shown in the chart, I've updated the wave counts. Find a place to sell and stop above C high.

03:45

yuchaosng Updated 

Like I mentioned in the video, we have completed a 5-wave structure for wave 1 of C. We are currently in wave 2 of C. And while this is a long-then-short idea, I feel that the risk to go long at this point of my posting is too risky, so it's better to wait for a short opportunity.

yuchaosng Updated 

This is a short-term trading idea. I see that there is a chance that HSI has completed a 5-wave structure, even though wave 5 itself is a bit short. I'll go tactical long with stop below the low of the day.

05:57

yuchaosng

See the wave structure and my counts and where I place the stop loss. Good luck!

09:08

yuchaosng

I've made changes to my original wave count where wave A has ended on a short 5th wave. However, the strength of the rally today made me revisit the counts itself and I realised that it is actually more appropriate for the 5th wave to extend. I studied if there is a relationship if I moved the original 5th wave down 1 degree to become a 1st of 5th and I was truly...