2021-07-31
2021-07-30
2021-07-29
DOW JONES
MANY CLASSICAL PATTERNS APPEARED ON DJIA‘S CHART LIKE INVERTED HEAD AND SHOULDERS(NOTHING TO REVERSE) INTO RIGHT ANGLED AND DESCENDING BROADENDING FORMATION, THE UPWARD BREAKOUT WORKS ABOUT 64% AND PARTIAL DECLINE IS LIKELY FAVOR THE UPWARD BREAKOUT
HOWEVER 35000 IS KEY RESISTANCE ,SHOULD BE BREACHED IF DOW JONES WANNA TO KEEP MOVING UP TO HIT NEARLY 38000
2021-07-28
CRUDE OIL
NO DOUBT, IT SEEMS A HAZY PICTURE ON CRUDE OIL CHART, WE WERE NEED TO CLEAR FIVE WAVES DOWN TO SAY THE PEAK WAS IN PLACE, , BUT THE OVERLAPPING BETWEEN THE FOURTH WAVE AND THE FIRST WAVE OPEN THE DOOR FOR MANY POSSIBILITIES LIKE THE IMPLUSIVE ADVANCE THAT HAS STARTED SINCE APRIL 2020 HAS NOT COMPLETED YET , AND THE LAST CORRECTION WAS THE FOURTH OF FIFTH WAVE, SO THE KEY LEVEL $75.5 VERY IMPORTANT TO CONFIRM THIS COUNT
ON THE OTHER HAND THE LAST CORRECTION WAS THE W WAVE OF DOUBLE ZIGZAG CORRECTION, AND THE BOUNCE IS THE X WAVE THAT MAY COMPLETE IN RANGE OF 72.5-74.5
2021-07-27
BTC vs USD
WE HAVE TWO POSSIBLE INTERPRETIONS FOR BITCOIN, THE MAIN ONE AS ILLUSTRATED IN CHART 1 , THE MINOR WAVE FOUR HAS ENDED AT $29247 AS AN EXPANDED FLAT CORRECTION AND THE FIFTH WAVE HAS JUST COMMENCED, BITCOIN SHOULD MAKE A NEW TIME HIGH ABOVE 64800 TO CONFIRM THIS COUNT
ALTERNATIVELY AS SHOWN IN CHART 2, MINOR WAVE THREE COMPLETED AT $64829 AND THE FIVE WAVES DOWN WAS ONLY THE FIRST LEG OF CORRECTION AS WAVE A, AND WAVE B IS UNFOLDING MOSTLY AS ZIGZAG CORRECTION WHICH IS LIKELY COMPLETE IN RANGE OF 51000-57000, THEN ONE MORE PUSH DOWN TO COMPLETE WAVE C OF FOURTH WAVE, LIKELY IN RANGE 15000-21000
NOTICE :- WE‘RE HERE TAKING ABOUT COMMON RETRACEMENT BETWEEN WAVES A,C C= A ( IN ZIGZAG CORRECTION)
HOWEVER THIS CANT PREVENT THE LENGTH OF WAVE C TO BE MORE OR LESS THAN WAVE A. LIKE 0.61 OR 1.618 TIMES THE LENGTH OF WAVE A (NOT UNCOMMONLY)
2021-07-26
2021-07-24
2021-07-19
EID AL- ADHA
feast of sacrifice for the sake of God, and this holiday is also a memory of the story of Abraham when he wanted to sacrifice his son Ismail in accordance with God’s order, so Muslims approach God on this day by sacrificing one of the ostriches (sheep, cow, or camel) and distributing the meat of the sacrifice to relatives, the poor and the people of his home, hence his name is Eid al-Adha.
Send congratulations to the Islamic and Arab nation on the occasion of the blessed Eid Al-Adha, and we pray that God will bring it back to us and you with goodness, love and blessings
S&P 500
SEEMS TO ME S$P 500 HAS COMPLETED 5 WAVES UP ADVANCE SINCE MARCH LOW 2020
WE NEED ONLY 5 WAVES DOWN , TO SAY THE TOP IS IN PLACE AND CORRECTION UNDRWAY AS INTERMEDIATE WAVE 2
NOTICE, SHARP CORRECTIONS LIKE WAVE 2 TEND MORE OFTEN TO RETRACE 50% OR 61.8% OF THE PREVIOUS WAVE, SO RANGE OF 3000-3300 IS THE NEXT DOWNTARGET OF THIS WAVE
2021-07-17
2021-07-16
FINANCIAL SECTOR
FINANCIAL SECTOR, SINCE MARCH LOW, I DO THINK IT IS HEADING UP IN FIVE WAVES UP SEQUENCE
SECTOR HAS COMPLETED THREE WAVES UP SO FAR, AND WAVE FOUR IS UNDERWAY, MORE LIKELY AS A TRAINGLE (LOOKING AT SIDEWAYS MOVEMENT) , BARRING A CLOSE BELOW 36 WE‘LL ALLOW FOR HIGHER TOWARDS 39-41 RANGE
2021-07-15
CRUDE OIL
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
CRUDE OIL , SIDEWAYS TRADE FROM $77 LIKELY REPRESENTS A MINUTTE FOURTH WAVE CORRECTION OF MINUTE FIFTH WAVE OF IMPLUSIVE ADVANCE THAT HAS BEEN STARTING FROM LOW OF $33.65
ANOTHER PUSH HIGHER IN WAVE (V), MIGHT APPROACH THE MEASURED OBJECTIVE IN $79- $81 RANGE
2021-07-14
2021-07-13
EUR vs USD
ON EURO CHART, THE SIDEWAYS MOVEMENT IS STILL DOMINATING
DESPITE, THE EMERGENCE OF HEAD AND SGOULDERS INTO A SYMMTERICAL TRIANGLE, BUT THESE PATTERN ARE STILL FORMING
OPEN UR EYE ON THE 1.1711 FIRSTLY , THEN 1.1612
BREAKDOWN 1.1711 MEANS . THE UPTREND SINCE MARCH LOWS 2020 HAS COMPLETED
(FIVE WAVES UP ADVANCE IN EWP PERSPECTIVE)
AND CORRECTION HAS TAKEN PLACE
ON THE OTHER HAND, CLOSE ABOVE 1.2267 MEANS ,ONE MORE PUSH UP AS FIFTH WAVE
2021-07-12
2021-07-07
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