Wave 1 down, impulsive, complex... Wave 2 A-B-C, W. 4 corrective

3 kwi 2020

This is the Daily chart, You can see the 4th wave up is complete, and we have rolled over, the final fifth wave down should be next.

Nobody knows with certainty what the Markets will do..
They could find a cure for COVID-19 and we sky rocket, or things could continue like they are another month of unemployment, and Economic stagnation.

In that case more down looks likely.

3 kwi 2020

Uwaga

Thanks to Mortdiggeddy for the awesome chart settings. Respect Brother.

6 kwi 2020

Zlecenie aktywne

Well it looks like the first case now, maybe not a cure, but the news on the COVID-19 is very positive. There are two things I like about this, the job market was in the crapper, now maybe hiring will increase and those people who are unemployed have a shot at going back to work. Secondly my favorite short vehicle SPXS dropped from $18 to $15... a wonderful opportunity to load up again on shorts. Last week we rallied on Monday and Tuesday and then crashed down.. We are reaching R4 in the Camarilla Pivots, which means the Billionaires who own the gambling casino, could decide to take profits and sell in the next few days.

16 kwi 2020

Uwaga

This might be the day my bearish predictions of a 5th wave down begin. I love how they failed to fill the gap today, we call this a "tick test failure"... The mood in the room has changes so much, many more are seeing what I saw, and there are a lot of Market Makers in the room now, trying to pump the Market back up, so they can sell higher.

27 kwi 2020

Zlecenie aktywne

s3.amazonaws.com/tradingview/snapshots/a/aI3Wm5gt.png

This is not my chart, but when I saw it, well it makes sense... This chart shows one more UP move, the 5th of V, ie the fifth wave up before Wave V down begins. So in the next few days we may go to ES ( SPX) 3200 before crashing down.

28 kwi 2020

Zlecenie aktywne

I have always been early to the party. Last time i was this active the only vocal Bears in the Stock Indexes room were me and SofiaBEAR a year or two ago. Study ES year 2018. The entire year was wave 4 of 5 going UP. The rally up has been the same only reversed.. I believe we are finally at the correction I have been looking for for years. I caught every bit of the first waves down from the exact top in February to March as published in My Ideas in the room. Now I am going all in short again.

28 kwi 2020

Uwaga

"The Rally up has been (like 2018) the same only reversed". By this i mean the current recent weekly rally up, as described above a counter trend complex correction.. to the down trend.

30 kwi 2020

Zlecenie aktywne

If you look at this closely you can see wave I down. Impulsive and complex. wave II a simple ABC correction. Wave III complex and impulsive down. Wave IV complex and corrective from 9:30 to 11:30. We are in the Vth wave down now.