2021-05-31
RUSSELL 2000
AS WE SEE ON THE CHART ABOV, RUSSELL 2000 INDEX IS STILL ONGOING A SIDEWAYS AS A TRIANGLE TO CORRECT THE MINUTTE FOURTH WAVE (GREY (iv)) ACCORDING TO OUR MAIN SCENARIO THAT SUGGESTES THAT THE MINUTTE FOURTH WAVE ENDED AT THE LOW OF 2132 AND THE FIFTH WAVE HAS COMMENCED, BREAKOUT ABOVE THE KEY LEVEL 2309 WE‘LL CONTINUE TO LOOK HIGHER TO COMPLETE THE FIFTH(GREY (v)) OF THE THIRD MINUTE WAVE(CIRCLED GREEN)
ALTERNATIVELY, THE THIRD MINUTE WAVE ( ORANGE) ENDED UP AT 2360, AND THE FOURTH WAVE IS UNDERWAY, MOST LIKELY IT‘S A TRIANGLE AS WELL
I DO THINK , HEAD AND SHOULDERS TOP WILL FAIL ACCORDING TO ELLIOTT SCENARIOS, AND REVERSE BULLISH DIVERGENCE IS DOING WELL
NOTICE THAT THE REVERSE DIVERGENCE( APPEAR IN UPTREND WHEN THE INDICATOR MAKES A SERIES OF LOWER LOWS BUT PRICE MAKES A SERIES OF HIGHER OR THE SAME LOWS) IS STRONGER OR MORE RELIABLE THAN NORMAL DIVERGENCE
2021-05-29
2021-05-28
2021-05-27
2021-05-26
2021-05-24
2021-05-22
2021-05-20
2021-05-19
BTC vs USD
LET THE CHART SPEAK, FORGET ABOUT ELON MUSK OR IMPACT OF A DIRECTED MASS MEDIA, AND BEAR IN MIND NO ONE ABLE TO AFECT ON MARKET,AND IF THERE IS ANY EFFECT, IT IS LIMITED, DOES NOT EXCEED A CHANGE OF DIRECTION IN THE NEAR TERM ,THEN PRICES SOON BACK TO ITS ORIGINAL DIRECTION IN LONGER TERM
PERHAPS MANY ARE SHOCKED BY WHAT IS HAPPENING IN BETCOIN AND DONT BELIEVE THAT BETCOIN COLLAPSES IN THIS WAY, BUT FROM EWP PERSPECTIVE
IT MAKE SENSE TO ME, AND I HAVE ANTICIPATED THIS SELL OFF SINCE 24/4/2021 AS I MENTIONED EARLIER. IT WAS VERY SIMPLE, WE HAVE 2 GUIDELINES REALTED TO THAT MATTER,THE FIRST IS ,WHEN THE PATTERN IS AN ENDING DIGONAL (RISING WEDGE) DECLINE WILL BE SHARP AND SWIFT BRINGS PRICES AT LEAST BACK TO THE ORIGIN POINT OF THE PATTERN
THE SECOND ONE IS:- THE FOURTH WAVE CORRECTION USUALLY REACH INTO THE PREVIOUS FOURTH WAVE OF ONE LESSER DEGREE).29000--41000, IN MANY TIMES DEPTH OF THE FOURTH WAVE CORRECTION ENDS NEAR THE LEVEL OF PREVIOUS FOURTH WAVE OF ONE LESSER DEGREE MOST COMMNLY NEAR THE LEVEL OF ITS TERMINUS
PLZ TAKE A LOOK AT THAT POST ON 24/4/2021
2021-05-18
GAME STOP
GAME STOP AFTER COMLETION OF THREE WAVES UP , FORMED A CONTRACTING TRIANGLE AS WAVE FOUR, SO WE EXPECT FURTHER RALLY CERTAINLY BACK TO BEYOND HIGH OF 483, MAYBE ALL THE WAY UP TO 650
؟ OKAY WHERE AM I WRONG
WELL, IM WRONG IF PRICE FALL BELOW 116.90
2021-05-17
US CPI vs DPI
Some data behind April's surprise jump in consumer prices, which was the biggest year-over-year rise since 2008: Stimulus checks helped push March disposable personal income to a record high, about 30% above its pre-Covid level, via Cornerstone Macro research
#GOLD
GOLD FACES CLUSTERS OF RESISTANC ROUGHLY AT $1860, BUT I DO THINK IT IS ABLE TO CONTINUE MOVING UP TO HIT THE NEXT UPWARD TARGET AT $1900 THEN $1960, ESPECIALLY WHEN GOLD CLOSED ABOVE $1755 AND CONFIRMED THE UPTREND IN LONGER TERM, ON THE OTHER HAND DOLLAR CONTINUE TO EDGE LOWER AFTER LOSING GROUND SINCE TOP OF 93.47
EVENTUALLY, GOLD MAY BE FORMING A GRAND COMPLEX INVERTED HEAD AND SHOULDERS
2021-05-15
2021-05-12
كل عام وكل المسلمين بخير بمناسبه عيد الفطر
كل عام والامه الاسلاميه بكل خير تقبل الله طاعتكم واعاد عليكم العيد بالخير والبركات , وكل عام والمسجد الاقصى محرر من ايدى احفاد القرده والخنازير واخوانا فى فلطسين اشرف من انجبت الامه محررين وسيبقى العيد عيدين باذن الله يوم ان يعود الاقصى لنا وتتحرر فلسطين من ايدى الارهاب الصهونى
اللهم امين
2021-05-10
2021-05-08
SPAC VOLUME IN EUROPE
Just to put things into perspective: #SPAC volume in Europe has significantly lagged behind US. US has seen unprecedented SPAC boom since 2020, w/522 SPAC listings w/total value of $300bn since 2020. In contrast, Europe has seen 10 SPAC listings w/total value of $1.3bn. (via GS)
2021-05-07
2021-05-06
DOGE vs USD
AS WE HAVE NOTICED ON THE CHART ABOVE , THE DOGECOINE SKYROCKETED LATELY AND EXTENDED UPWARD TO 2.24 (FIBONACCI EXTENSION) AT 0.68027,PRICE ACTION IS PULLINGBACK ,I THINK TO 0.4960 BEFORE RESUMING THE UPWARD MOVE TO THE NEXT TARGET AT 0.75075
WATECH THE BEARISH DIVERGENVE ON RSI ,BUT WAIT FOR PRICE TO CONFIRM THE BEARISH DIVERGENCE BY BRAKSDOWN THE RANGE OF 0.4150-0.4250 BEFORE GET OUT THE TRADE COMPLETELY OR PARTLY
2021-05-05
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