The Weekend Update Let’s start from a primary MACRO Bearish Scenario for NQ-mini: Under the Macro Bearish count in NQ, … Read more
The Weekend Macro Update. Every weekend I outline most probable macro scenarios, potential paths for upcoming months. In this update … Read more
ES-mini dropped under support 3,695 and by doing that invalidated teh bullish count for one more push higher and confirmed … Read more
Crude Oil broke out of a bullish ascending wedge: I expect a corrective -a-b-c- down pullback in wave -ii- down … Read more
This morning Non-farm payroll data release caused spike down in futures. ES-mini dropped deeper into the Green Box: ES has … Read more
This is the ES-mini 120 min chart with expected path I posted in my evening update yesterday: The expectation was … Read more
I consider that move up a corrective bounce in wave X up: You can compare two charts above and see … Read more
As we predicted on Wednesday evening, ES-mini turned down and declined overnight. On Thursday morning bulls tried to start a … Read more
My primary scenario is that ES is in a corrective wave X up: The first argument i favor of that … Read more
Yesterday I posted a macro chart that argued that gold miners ETF GDX made a lasting bottom: In the macro … Read more
To keep alive the bearish setup under the completed Expanding Triangle scenario bears had to keep ES at all times … Read more
Crude Oil still holds inside the bullish looking descending wedge: That move up into the upper egde of that wedge … Read more
On Tuesday, 4 October 2022, Bitcoin managed to make a higher high and by doing that it met minimum requirement … Read more
NQ completed a corrective Expanding Triangle on Tuesday: The “Expanding Triangle” pattern is widely known as “Megaphone” or Broadening Formation/Consolidation. … Read more
We can count a huge (A) up, (B) down, (C) up move off the lows of 2016 as a completed … Read more
This morning I shared a wave count that considered the rally in ES-mini as the final subwave e of a … Read more
In the previous macro update we noted that Bitcoin needed to drop lower to complete a macro corrective structure. On … Read more
This rally looks like a textbook subwave (c) in a corrective (a)-(b)-(c) up structure.Sometimes wave (c) up has a clean … Read more
When price goes up in a straight-line without pullbacks that is a sign it is driven by forced liquidations of … Read more
We can count decline off the top made in Nov’21 as a huge (W)-(X)-(Y) Double Three structure: The first leg … Read more
Last week GLD dropped into the Green Target box and then turned up strongly: Looking at 30 min chart we … Read more
Despite a great looking long trading setup NG dropped to a lower low today. However, its too rearly to discard … Read more
As we noted several times in September, bulls have a gorgeous long setup in crude oil: Bulls are ready to … Read more
I traditionally update macro scenarios on weekends. The main assumption of all three macro scenarios I will review before is … Read more
We can count three large waves behind the rally off the low made in December 2019: That (A)-(B)-(C) move up … Read more
DXY (USD index) hit my target for wave 3 of (C) of (3), the strongest part of any five wave … Read more
Every wave -c- even in a corrective a-b-c structure follows a five wav structure. Therefore, a five wave up rally … Read more
Under the micro bullish path the drop on Thursday, September 29th was a corrective wave b down to be followed … Read more
December 2022 contract sits at the Green Target box, a support that should stop this decline. It has a very … Read more
On the 240 min chart of RTY-mini below you can see that it approached the Green Target box. Overnight RTY … Read more
ES-mini made a new low of the 2022 year and it starts looking very oversold. Let’s discuss two main macro … Read more
This morning we got another a-b-c up pullback that can be counted as a micro wave iv up to be … Read more
I expect bears to violate the June 2022 low made at 3,655.75 and hit the Green Target box If then … Read more
Let’s start from a very bearish “consensus” scenario: Under that count RTY follows the most common simple (A) down, (B) … Read more
25 September 2022 DXY (USD index) hit a textbook target for a micro wave 3 of (C) of (3) up … Read more
I consider S&P 500 made a major top in January 2022. Specifically, it completed a huge five wave up fractal … Read more
On Friday, September 2022 ES-mini dropped to the June 2022 low. I count that decline as a corrective Double Three … Read more
ES – O Brother, Where Art Thou? I think it’s a good time to zoom-out and understand where ES is … Read more