Despite a great looking long trading setup NG dropped to a lower low today. However, its too rearly to discard the long setup because that low is still a way over the previous low made by wave ( 4 ) down at 5.465 in July 2022: If we zoom-in to…...
As we noted several times in September, bulls have a gorgeous long setup in crude oil: Bulls are ready to break out of that tight bullish looking wedge. That setup allows bulls to start an explosive rally in subwave (C) of wave ( 3 ) up targeting 145/ barrel…. This...
I traditionally update macro scenarios on weekends. The main assumption of all three macro scenarios I will review before is that ES-mini made a lasting top in Jan’22 because it completed a five wave up rally that started in 2009. Watch this video where I explain why: https://youtu.be/8zvNKipEpVM Let’s start…...
We can count three large waves behind the rally off the low made in December 2019: That (A)-(B)-(C) move up that topped in November 2021 can be counted as a large wave ( 1 ) up. Let’s zoom in to a daily chart to inspect a micro structure of the…...
DXY (USD index) hit my target for wave 3 of (C) of (3), the strongest part of any five wave up rally. After this top we normally get a quick drop in a micro wave 4 down to be followed by another A-B-C up push in wave 5 up. That…...
Every wave -c- even in a corrective a-b-c structure follows a five wav structure. Therefore, a five wave up rally has to start from a micro i up, ii down setup. We have such a setup in ES mini this morning:… This content is for Monthly Plan, Quarterly Plan, Annual...
Despite a great looking long trading setup NG dropped to a lower low today. However, its too rearly to discard the long setup because that low is still a way over the previous low made by wave ( 4 ) down at 5.465 in July 2022: If we zoom-in to…...
As we noted several times in September, bulls have a gorgeous long setup in crude oil: Bulls are ready to break out of that tight bullish looking wedge. That setup allows bulls to start an explosive rally in subwave (C) of wave ( 3 ) up targeting 145/ barrel…. This...
I traditionally update macro scenarios on weekends. The main assumption of all three macro scenarios I will review before is that ES-mini made a lasting top in Jan’22 because it completed a five wave up rally that started in 2009. Watch this video where I explain why: https://youtu.be/8zvNKipEpVM Let’s start…...
We can count three large waves behind the rally off the low made in December 2019: That (A)-(B)-(C) move up that topped in November 2021 can be counted as a large wave ( 1 ) up. Let’s zoom in to a daily chart to inspect a micro structure of the…...
DXY (USD index) hit my target for wave 3 of (C) of (3), the strongest part of any five wave up rally. After this top we normally get a quick drop in a micro wave 4 down to be followed by another A-B-C up push in wave 5 up. That…...
Every wave -c- even in a corrective a-b-c structure follows a five wav structure. Therefore, a five wave up rally has to start from a micro i up, ii down setup. We have such a setup in ES mini this morning:… This content is for Monthly Plan, Quarterly Plan, Annual...
Under the micro bullish path the drop on Thursday, September 29th was a corrective wave b down to be followed by a rally in wave c up: However, I can see an equally probable “one more push lower” count: I slightly prefer the second bearish count over the first bullish…...
December 2022 contract sits at the Green Target box, a support that should stop this decline. It has a very attractive macro long setup to ride a five wave up rally in subwave (C) of wave ( 5 ) up that may stretch over 12…. This content is for Monthly...
On the 240 min chart of RTY-mini below you can see that it approached the Green Target box. Overnight RTY tagged the June’22 low and bounced. The ideal scenario is one more trip lower to into the Green Target box today. But because RTY managed to make a lower low…...
ES-mini made a new low of the 2022 year and it starts looking very oversold. Let’s discuss two main macro scenarios that argue for an upcoming bullish bounce. The first scenario is the Santa’s rally. The Very Bullish scenario counts the decline off the mid Aug top as a subwave…...
This morning we got another a-b-c up pullback that can be counted as a micro wave iv up to be followed by another push lower in wave v down targeting the Green Target box. That push down would complete the Double Three corrective move down and set the stage for…...
I expect bears to violate the June 2022 low made at 3,655.75 and hit the Green Target box If then bulls manage to push ES back over 3,655.75 they would trigger a macro “failed breakdown” long setup A pessimistic bullish scenario is that we would then get a corrective a-b-c…...
Let’s start from a very bearish “consensus” scenario: Under that count RTY follows the most common simple (A) down, (B) up, (C) down structure: Under that count price has only started a new five wave down structure of wave (C) down: Bears try to count the decline off the mid…...
25 September 2022 DXY (USD index) hit a textbook target for a micro wave 3 of (C) of (3) up at 100% extension of subwave (A) of wave (3) up. I would expect to get a pullback in a micro wave 4 down to be followed by another push higher…...
I consider S&P 500 made a major top in January 2022. Specifically, it completed a huge five wave up fractal (repeating pattern) that started in March 2009. You can watch a short video explaining that topping wave count: The Wave Principle argues that upon completion of a five wave up…...
On Friday, September 2022 ES-mini dropped to the June 2022 low. I count that decline as a corrective Double Three structure, specifically that decline is its subwave -c-, the final leg down…. This content is for Monthly Plan, Quarterly Plan, Annual Plan, and Free Membership members only.Login Join Now...
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Corrective Structures. TRIANGLE I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. CHECK REAL LIFE EXAMPLES MAIN FEATURES A triangle is subdivided into five subwaves subwaves of a triangle are
COURSE MENU < Regular Flat Expanded Flat > Watch Video Lesson Corrective Structures. RUNNING FLAT WATCH NEXT VIDEO Corrective Structures. RUNNING FLAT Running Flat is a flat consolidation where price keeps bouncing between two parallel lines, support and resistance. Wave b up makes a new higher high over the high
Corrective Structures. Expanded Flat I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. CHECK REAL LIFE EXAMPLES MAIN FEATURES Wave a down is subdivided into three subwaves Wave c down
ES – O Brother, Where Art Thou? I think it’s a good time to zoom-out and understand where ES is on a macro level. This current major rally started at the lows of March 2009. ES bottomed then at 520! Off that low the price has been perfectly followed the…...