$ES: Completed Inverse H&S Pattern
$ES #breakout #breakdown #Inverse Head and Shoulders We’re seeing another potential breakout setup reinforced by a long -i- up, -ii- … Read more
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$NQ: Breakdown is Brewing
$NQ #breakdown NQ has a short term bearish look. That wave count allows bears to push NQ down to 24,400: … Read more
$ES: Bulls Have 150+ pts to Push Higher
$ES #ES-mini #rally extension In my previous update I correctly predicted a breakout and a rally to follow. ES-mini has … Read more
$ES: Attractive -i- Up, -ii- Down Long Setup
$ES #es-mini #long setup #breakout Bulls consider the spike down on Sunday evening as the final subwave c of wave … Read more
$ES: Failed Breakdown Triggered the Rally We Expected
$ES #ES-mini #failed breakdown I’ve been watching this market for almost 30 years, and it still amazes me how often … Read more
$ES: Bulls Can Still Save the Show
$ES #milestone support #breakdown the bearish Head and Shoulders reversal pattern produced decline down to the monthly support: Monthly Levels … Read more
$NQ: A Clean Long Setup
$NQ #i up – ii down setup #long setup We can consider NQ as having completed a bullish -i- up, … Read more
$ES: Bulls Keep Pushing Higher as Expected
$ES #ES-mini #five wave up #breakout ES strongly spiked on CPI reading (even though CPI did not actually bring any … Read more
$NQ: Sitting on a Breakout Level
$NQ #breakout We keep patiently watching the completed triangle shaped consolidation that allows bulls to start a new strong leg … Read more
$ES: Bulls Keep Pushing Higher as we Expected
$ES #five wave up rally #trending move up #breakout We have been watching that bullish path for weeks. This week … Read more
$ES: Bulls Need to Break Fresh Weekly and Monthly Resistance
$ES $NQ #breakout #weekly range Bulls still have decent long setups in both, $ES and $NQ futures. Let’s start with … Read more
$NQ: Pending Breakout of a Triangle
$NQ #breakout setup #triangle NQ has been accumulating breakout energy in a tight triangle shaped consolidation: NQ-mini 240 min chart … Read more
$ES: A Long Setup to Reach 7,170
$ES #ES-mini #long setup Our primary bullish wave count allows bulls to start a new leg up targeting 7,175 in … Read more
$NQ: Triangle Scenario May Be in Play
$NQ #NQ-mini #triangle consolidation So far bulls have not broken over the red trend line and we have not got … Read more
$ES: Tracking Re-Accumulation Pattern
$ES #ES-mini The big picture allows bulls to keep pushing ES-mini higher over 7,300: ES-mini 120 min chart On Friday … Read more
$ES: Buy Every Dip Mode
$ES #ES-mini #Running Flat The big picture remains to look bullish. Bulls have a lot of room to push ES … Read more
$ES: Bullish Path Leading to 7,300+
$ES #ES-mini #five wave up rally this is a possible bullish path for a five wave up rally targeting the … Read more
$ES: Breaking Out of the Bearish Friday Cycle
$ES #ES-mini Yesterday bulls got an early Christmas present from Santa, a very low CPI reading. That was a good … Read more
$ES: Bulls Need to Confirm Start of the Rally
$ES #ES-mini #long setup Bulls can consider the whipsaw of the first two weeks of December as a completed corrective … Read more
$NQ: Bulls Have a i up ii down Setup for a Rally
$NQ #long setup The bullish scenario considers the move up off the low made on Nov’21 as a starting wave … Read more
$ES: Holding On the Brink of a Breakdown
$ES #breakout #breakdown As I noted in my weekend update posted on Sunday, bulls need to break over the Monthly … Read more
$ES: Bulls Have to Defend the Clean Long Setup with 400 pts Upside
$ES #long setup #ExpandingTriangle Please note that Tradestation switched from Dec’25 contract to Mar’26 contract. This is why price levels … Read more
$ES: Breakout And Retest Pattern
This morning we see a standard bullish pattern – break over a resistance – followed by a retest from above: … Read more
$ES: The Chart Still Looks Bullish
$ES #ES-mini #breakout Normally FOMC days bring volatility to the market. Yesterday was no exception. We got several wild swings … Read more
$ES: Trading Fresh Weekly Levels
$ES #ES-mimi #WeekOpeningRange Yesterday my new TradingView indicator calculated fresh Week Opening Range Levels and their extensions: As you can … Read more
$ES: Do We Get Yet Another Friday Morning Trough?
$ES #ES-mini It has been a persistent theme to see weakness on Friday morning. Its like a repeating low-low cycle … Read more
$ES: A Trigger and a Target for a Strong Rally
$ES #ES-mini #long setup #Monthly Resistance #breakout Yesterday the market completed a Month Opening Range of December and we got … Read more
$ES: A Pullback May Be That Shallow
We are currently seeing a very flat and shallow consolidation. Despite its limited depth, this entire structure may still represent … Read more
$ES: Bulls Needs a Base for Another Rally
$ES #ES-mini #long setup #consolidation Today is the second trading day of a new month, a traditionally volatile three day … Read more
$ES: A Long -i- Up, -ii- Down Setup
$ES #ES-mini #long setup The macro count is bullish and allows bulls to produce a five wave up rally off … Read more
$ES: The Next Pullback May Turn into a Textbook Long Setup
My primary (preferred) wave count considers the strong rally off the low made last Friday as a micro wave -i- … Read more
$ES: Keeps Pushing Higher as Expected
$ES #ES-mini #long setup #five wave up rally We have been tracking a strong rally off the green demand zone: … Read more
$BTCUSD: Bullish Scenario Argues for a 60% Upside
#Bitcoin $BTCUSD #Macro #longsetup Very Bullish Wave Count: This drop may complete the wave 4 shaped as a very bullish … Read more
$ES: Support Levels for a Pullback Before Rally Acceleration
$ES #weekly_levels #i_up_ii_down_setup Bulls started the rally we expected after ES tagged the Green Demand Zone: ES-mini 120 min chart … Read more
$ES: Bulls Pushing ES Up out of the Green Demand Zone
$ES #GreenDemandZone #long_setup Last week bears pushed ES-mini into our green demand zone. We counted the whole Nov’25 decline as … Read more
$ES: Finally Tested the Green Demand Zone
$ES #ES-mini #Demand Zone #completed_pullback This week I repeated several times that bears could push ES-mini down one more time. … Read more
$ES: NVDA Earnings Set Fire
$ES #green_zone #bulllish_reversal On Tuesday and Wednesday I warned you that the corrective structure looked complete and Bulls had a … Read more
$ES: What Spark Bulls Need to Start a Rally?
$ES #bullish reversal #bottom The macro wave count allows bulls to turn ES up and start a new five wave … Read more
$ES and $NQ: Bulls May Consider the Corrective Structure Completed
$ES $NQ #Double Three The corrective (w) down – (x) up, (y) down structure made enough micro waves to be … Read more
$ES and $NQ: Move Down is Extending
$ES $NQ #a-b-c move down The wave count argues that bulls have completed a wave ( iii ) up, the … Read more
$NQ: A Short Setup to Ride 900 Pts Drop
$NQ #short setup Friday bounce really looks like a subwave -c- up of a corrective wave (b) up shaped as … Read more
$ES: The Corrective Structure Got Complex
$ES #complex correction Bulls had a setup to start a new rally but they failed to push ES to a … Read more
$ES: Bulls Are In Control
$ES #extension rally The primary wave count is bullish and allows bulls to push ES-mini up to 7,200: ES-mini 120 … Read more
$ES: Potential i up – ii down Long Setup
$ES #expected rally #i up – ii down setup Last week ES completed a corrective -w-x-y- down structure that can … Read more
$ES: Bulls Can Push ES Over 7,000
$ES #long setup Last week bulls managed to close on a bullish note: Bulls managed to close the last week … Read more
$NQ: Bulls Got a Long Setup
$NQ #NQ #longsetup Bulls stopped the decline over the key support 25,407: NQ-120 min That drop can be counted as … Read more
$ES: We May Get another Bounce Before It Plunges
$ES #ES #DoubleThree ES mini has broken under the Monthly Support 6,793. ES-mini Month Opening Range 6,587 is a 100% … Read more
$ES: Bears Started the Second Leg Down
#ES #corrective pullback Yesterday morning we correctly called a temporary bottom and forecasted a corrective bounce: ES-mini 15 min chart … Read more
$ES: Hit the Weekly Support. Lets Play a Bounce
$ES #ES-mini #a-b-c down pullback Yesterday I shared a new macro count. The market invalidated the Very Bullish wave count … Read more
$ES: Support Got broken. What Now?
$ES #ES-mini Yesterday I warned that break under the key micro support 6,866 would make me taking all the bullish … Read more
$ES $NQ: Bulls Look Weak
$ES $NQ #MonthOpeningRange Bulls have been unable to push higher: ES0mini 15 min chart Last week bears managed to make … Read more
$ES: A Corrective a-b-c Down Pullback Provides Bulls With a Base for Another Rally
$ES #ES-mini #rally extension Note that bears produced a clean a-b-c move down, a corrective looking pullback that can be … Read more
$ES: Bulls Can Extend the Rally
$ES #ES #extension Ideally I would expect bulls to make a push up to 6,969 (min target), with extension up … Read more
$ES $NQ: Bulls Should Keep Pushing Higher
$ES $NQ #rally acceleration That wave count allows bulls to push ES-mini over 7,000: ES-mini 15 min chart Note that … Read more
$ES $NQ: Bulls Can Run A Big Rally
$ES $NQ #NQ #breakout #accelerated rally Bulls finished the week on a bullish note closing over the broken Monthly Resistance … Read more
$ES: The Bearish Scenario Got Invalidated
$ES #breakout This spike over 6,800 invalidated my bearish scenario. That invalidation made me look for a more bullish alternative … Read more
$NQ: Bulls Ride a Decent Breakout Setup
$NQ #breakout The drop we got this week did not even challenge the key support / invalidation level = 24,242: … Read more
$ES: Direct Breakdown or a Trickly Failed Breakout Scenario
$ES #short setup The rally from October 17 forms a clean a–b–c corrective advance, which I label as wave (y) … Read more
$ETHUSD $ETH: Bulls Can Push #Etherium to a New All Time High
$ETHUSD $ETH #long setup The macro wave count considers the A up, B down, C up move off the 2022 … Read more
$NQ: This is How Bulls Can Trigger the Very Bullish Scenario
$NQ #breakout To confirm the very bullish scenario bulls need NQ to break over the milestone resistance 25,394: NQ-mini 120 … Read more
$ES: This Rally Looks Like the Final Leg up of a Corrective Structure
$ES #ExpandingTriangle #short setup We have been tracking an overlapping corrective structure that followed the sharp drop on Friday Oct … Read more
$ES: Will Bears Attack the Lows?
$ES #ES #short setup Bears turned trend down both on Daily and weekly timeframes: These levels are calculated by my … Read more
$BTC: Macro Long Setup in the Making
$BTCUSD #bitcoin Off the Aug’24 top BTC has produced an A down, B up, C down corrective structure, as we … Read more
$ES: Bears Have a Setup for a Drop
$ES #ES #short setup Bulls pushed ES mini back up into the resistance of the Red Box: ES-mini 15 min … Read more
$ES: Arriving in the Red Box
#ES $ES #short setup #a-b-c up bounce Yesterday morning we expected bulls to produce another push higher: ES-mini 15 min … Read more
$ES: Has the First Bullish Bounce Topped?
$ES #long setup Normally a corrective bounce after such a strong drop like we did on Friday takes a lot … Read more
$ES $SPX: MACRO BEARISH Scenario Becomes the Primary One
$ES $SPX #Running Flat Last Friday we got a huge one day drop that sliced through a number of strong … Read more
$ES: That Sharp Drop May Complete a Corrective Structure
$ES #ES-mini #Expanding Triangle That drop can complete a corrective structure of the subwave -b- down of wave -iii- up: … Read more
$ES: Expecting a Pullback
$ES #ES-mini #corrective a-b-c dowb To start a new leg up in a subwave -c- of wave -iii- up bulls … Read more
$ES: Failure of a Breakout Triggered a Pullback
$ES #ES-mini #Elliott Wave Yesterday bulls had a breakout setup that allowed them to start an accelerated phase of a … Read more
$ES: Looks Ready For a Breakout
$ES #ES-mini #trading setup #ElliottWave ES keeps consolidating building a base under the key resistance 6,794: ES-mini 10 min chart … Read more
$ES: Bulls Have a Setup to Break Over Monthly Resistance
$ES #ES-mini #Month Opening Range #breakout #long setup ES-mini has formed a new Month Opening Range for October 2025: Monthly … Read more
$ES, $NQ, $RTY: Bulls Can Produce Another Hated Rally
$ES $NQ $RTY #Weekend It sounds crazy but NQ has potential for a large extension of that already overextended rally: … Read more
$ES: Bulls Have a Setup for a 100 pts Rally
$ES #Running Flat Here bulls have a setup to start an accelerated rally under an alternative Very bullish scenario: ES-mini … Read more
$NQ: Will We Get A Micro Pullback Before It Goes Parabolic?
$NQ #Elliott Wave The bullish wave count allows bulls to push NQ much higher: NQ-mini 120 min chart On a … Read more
$ES: Breakout Setup: Path to 6,800
$ES #ES-mini #breakout Bears had to break under 6,597 support. They tried once but failed. Failure of bears to break … Read more
$ES: Starts Looking “Heavy”: Micro Breakdown Scenario
#ES #breakdown #a-b-c down After surprisingly strong rally we got on Sunday night that hit the Red Box on Monday … Read more
$ES: Hit the Red Box Too Fast
$ES #ES-mini #Elliottwave ES is in a runaway mode. I expected bears to produce a micro pullback before another leg … Read more
$ES: This Corrective Bounce Has More Time to Burn
#ES $ES #corrective a-b-c up pullback #Weekend We have been tracking the corrective looking action off the Sep’25 high as … Read more
$ES: Playing a Large a-b-c Bounce off the Green Demand Zone
$ES #ES-mini #corrective a-b-c up Yesterday we correctly predicted extension of the decline down to the Green Demand zone” ES-mini … Read more
$ES: Approaching a Demand Zone
$ES #ES-mini #first a-b-c move down ES-mini topped very close to the Red Target box and rolled over: ES-mini 240 … Read more
$ES: Time to Cut Your Long Position
$ES #ES-mini #topping This rally could be 99.9% done. You should get very careful playing longs here: ES-mii 240 min … Read more
$ES: Make or Break Long/Short Setup
$ES #ES-mini #trading setup #Elliott Wave I my weekend update I concluded: We can move the critical support // invalidation … Read more
$ES: Bulls Should Hold Over the Friday Low to Push Up to 6,800
$ES #ES-mini #topping #rally extension #weekend We have been accurately tracking an unfolding impulsive structure off the major low made … Read more
$ES: One or Two Pushes Higher: An Alt Micro Path to 6,800
#ES-mini $ES #bullish path Our bullish wave count allowed us to correctly predict a corrective pullback and correctly anticipate where … Read more
$ES: Moving Up in the Wave -v- Up to the Red Box
$ES #ES-mini That was our micro path for yesterday: ES-mini 15 min chart published on Sep 17, 2025 Yesterday ES … Read more
$ES: Will Bulls Produce Another Push Higher off the Micro Demand Zone
$ES #ES-mini $NQ #FOMC To keep alive the potential for one more push higher bulls will have to stop the … Read more
$ES: Bears Get the First Setup To Break the Rally
$ES #ES-mini #first test of support #topping ES has made enough micro waves and hit the first Red Box: ES-mini … Read more
$ES: Bulls Have Room to Push Higher
$ES #ES-mini #ElliottWave #tradingsetup Bulls are pushing ES-mini higher extending the rally in the final innings of the micro wave … Read more
$ES: Bulls Are in a Hurry To Complete the Rally by FOMC Next Week
$ES #ES-mii #Elliott Wave Yesterday bulls pushed ES higher without re-testing the broken Monthly Resistance 6,616.25: As I noted several … Read more
$ES: How to Make the Market Play by Your Rules
$ES #Es-mini #mental rules #getting to a Pro level Nothing changed in my macro view. The market has room to … Read more
$ES: Has Hit the Micro Red Box As Expected
$ES #ES-mini #nailed Yesterday morning I shared the Max pain scenario that allowed bulls to extend a corrective rally to … Read more
$ES: What Comes Next, a “Bears’ Trap” or “Bulls’ Trap”?
$ES #ES-mini Es-mini 5 min chart Note the repeating pattern: a sharp drop in a subwave a down, followed by … Read more
$ES: Building a Base for Another Push Higher
$ES #ES-mini #flat a-b-c #consolidation #re-accumulation The Friday drop looked scary and questioned continuation of the rally. To heal the … Read more
$SPX: Early Warning: 10% Drop Setup
$S&P500 $SPX #MACRO I keep posting micro long setups for weeks and they have been working fine. But we are … Read more
$ES: Keeps Pushing Higher as Expected
$ES #ES-mini #rally extension ES mini keeps climbing higher as expected: ES- mini 120 min Lets look at a micro … Read more
$ES: A Micro Long Setup for a Push to A New All Time High
$ES #ES-mini #long setup When we see a wave -i- up followed by a quick a-b-c move down, the base … Read more
$ES: Bulls Got An Attractive Setup for a Big Rally
$ES #ES-mini #long setup #flat consoldiation Our bullish wave count treats the low made yesterday as subwave (b) down of … Read more
$ES: Dropped as Expected. We Need Bulls to Defend a Weekly Support
$ES #ES-mini #failed breakdown #bullish reversal The move up that topped in mid Aug 2025 fell short off the normal … Read more
$ES: Bears Can Push $ES 50 pts Down
$ES #ES_mini #Short Setup #Failed Breakdown The Friday drop could be counted as a subwave -c- of a corrective -a- … Read more
$ES: Bulls Have a Setup to Attack the Red Box
$ES #ES-mii #Elliott Wave #long setup #tradimg setup PCE data has been released without any surprise. I think that slow … Read more
$ES/$SPX: Early September Is the Time for Bears to Wake Up
$ES $SPX #failed breakout Check out a repeating bearish pattern of September on teh SPX chart below: S&P Daily chart … Read more
$NVDA: Post Earnings Drop Can Spook Bulls
#Bonus #NVDA #Earnings NVDA will report its quarterly earnings after the market close this afternoon. NVDA Daily chart That straightforward … Read more
$ES: Kiss the Green Box then Push Higher. Rinse and Repeat
$ES #ES-mni #Green Box Bulls remain in control and they have a decent setup to accelerate the rally by breaking … Read more
$ES: Bulls Have a Setup for the Last Rally
$ES #topping #OMH ES took a dive into the Green Box: ES-mini 15 min chart Under the bullish scenario, we … Read more
$ES: 6,600 is the Next Target
Last week we had bullish expectations upon completion of a corrective ES-mini 120 min chart posted on Wednesday We concluded … Read more
$NQ: Bulls Got a Long Setup
#NQ-mini $NQ The Very Bullish scenario is very welll alive: NQ-mini Daily chart Let’s zoom int o a 120 min … Read more
Bonus: Macro Long Setup
On the chart you can see a picture perfect textbook corrective Triple Three structure that looks having bottomed: LLY Daily … Read more
$ES: Tested the Key Support on Wed
$ES #ES-mini #Month Opening Range Yesterday bears tested the key level of support on the monthly timeframe: The two key … Read more
$ES: Has it Made the Top?
#failed rally I think its too early to bury the “one more push higher” scenario: ES-mini 120 min chart That … Read more
$BTCUSD: Hit the Red Box and Turned Down
$BTCUSD #macro #weekly Bitcoin completed a five wave up structue of the rally off the major low made in Nov … Read more
$ES: Looks Ready to Rally
$ES #ES-mini #Elliott Wave I use yellow boxes to highlight flat consolidations that follow strong impulsive rallies: ES-mini 120 min … Read more
$ES: Bulls Remain in Control and Can Push Higher
$ES #ES-mini Bulls are still in control and as long as they hold ES-mini over the support 6,387.50 they can … Read more
$ES: Bulls Still Can Push Higher
$ES #ES-mini Yesterday we correctly predicted another push higher. As we expected, the micro wave -v- up has made a … Read more
$ES: Bulls Have Room For Another Push Higher
$ES #longsetup #a-b-c- pullback #sharp c drop Yesterday we nailed the top of the wave -iii- up and correctly predicted … Read more
$ES: Bulls Firmly Holding the Steering Wheel
$ES #ES-mini #acceleratonrally Overnight, we saw a micro wave iii up top out, followed by a micro wave iv pullback. … Read more
$ES: Perfectly Follows Our Bullish Path
$ES #ES-mini #rally acceleration The micro a-b-c down pullback we got on Monday built a base for the second leg … Read more
$ES: Bulls Have a Setup to Test 6,600
$ES #ES-mini ES-mini does not move up strongly despite a decent long setup. I want to share a less bullish … Read more
$ES: Decent Long Setup
$ES #ES-mini #long setup On Thursday morning bulls failed to defend the broken Monthly Resistance 6,377.50 but in the afternoon … Read more
$ES: Bulls Turned the Intramonth Trend Up
$ES #breakout That strong break over the Monthly Resistance 6,377.50 puts bulls back into a driver’s seat. I noted yesterday: … Read more
$ES and $SPX: The Breakout Range is Formed
#MonthOpeningRange $SPX $ES We have formed the Month Opening Range: To start a trending move up bulls need to break … Read more
$ES: The Weekly Support Got Broken. Can Bulls Repair the Damage?
$ES #reversal #breakdown The sharp drop we got on Thursday and Friday last week made serios damage to the bulls’ … Read more
$ES: Bulls Failed Big Time. How Deep The Correction Can Go?
$SPX $COMPX $ES The Very Bullish scenario I tracked for weeks got invalidated by the drop under the stop level … Read more
$ES: Bulls Triggered Long “Failed Breakdown” Setup
$ES #FailedBreakdown #LongSetup Yesterday afternoon I published a quick update and shared a wave count that considered the spiky drop … Read more
$ES: Can Bulls Turn a Broken Support into the Long Failed Breakdown Setup?
$ES #ES-mini #trading setup #failed breakdown Bears triggerred protective stops under 6,391: ES-mini 15 min chart We can count that … Read more
$GC: Bulls Got a Setup to Attack 4,000 Level
$GC #gold #triangle #long setup The triangle shaped consolidation looks having completed in Gold: GC Daily chart Bulls have a … Read more
$ES: A Flat Consolidation is a Base for Another Rally
$ES #ES-mini #Elliott Wave Under the very bullish wave count we are supposed to get a flat -a-b-c- down consolidation … Read more
$ES: One More Push to the Red Box
$ES #ES-mini #impulsive rally In my weekend update posted on Sunday I argued that the rally could take a pause … Read more
$ES: Bulls Keep Pushing Higher As We Expected
$ES #Very Bullish #Acceleration Bulls keep pushing ES-mini higher, as we expected. This is our primary Very Bullish wave count … Read more
$ES: Bulls Can Start Another Push Higher to 6,460
$ES #ES-mini #ElliottWave #trading setup This is our primary Very Bullish wave count: ES-mini 120 min chart The wave count … Read more
$ES: The Long i up, ii down Setup in Action
$ES #acceleration #long setup On Tuesday I shared a promising textbook i up, ii down setup that allowed bulls to … Read more
$TSLA: Bulls Got a Long Setup
$TSLA #triangle Yesterday I shared this path with subscribers of my chat room: TSLA 120 min This morning TSLA took … Read more
$ES: Bulls Got a Starting i up-ii down setup
$ES #ES-mini #EllittWave #trading setup Bulls may argue that they have built a micro i up, ii down long setup … Read more
$ES: Breakout Confirmed: Bulls Have a Path to 6,600+
$ES #ES-mini #ElliottWave This morning bears attempted to break the broken Monthly-Resistance-turned-support again, but failed: ES-mini 120 min chart The … Read more
$ES: Has Broken Out and Out for the Race
$ES #ES-mini #long breakout setup ES-mini keeps following the Very Bullish path Nicely! ES-mini 120 min chart ES has consolidated … Read more
$ES: Bear Trap Closed Overnight
$ES #ES-mini #Elliott Wave #trading setup Overnight price action delivered a textbook bear trap—bears briefly pushed below the previous low, … Read more
$BTCUSD: One More Push Higher
#BTCUSD #Bitcoin #one-more-high Bitcoin has been moving along our path nicely. On Monday morning I shared the path with subscribers … Read more
$ES: Trading the Breakout-Re-test Sequence
$ES #es-mini #ElliottWave #breakout #failed breakout We’ve been closely monitoring a Very Bullish Scenario that could be triggered by a … Read more
$ES: Potential Breakout Setup
$ES #ES-mini So far bears have been holding ES under the broken Daily support 6,296: Price has been consolidating inside … Read more
$ES: Shallow Pullback Could Trigger an Explosive Leg Up
$ES #ElliottWave #trading setup #shortcovering Bears are getting disappointed about very tame reaction to the complete looking micro wave count … Read more
$ES: Waiting for a Stronger Move Down
$ES #SPX #Elliott Wave ES-mini has made enough waves to consider a rally off the April low completed. We expect … Read more
$ES: Rolling Over As Expected
$ES #ES-mini #Elliott Wave #trading setup In my weekend update posted on Sunday afternoon we correctly predicted that move down. … Read more
$ES: What Kind of a Pullback Bears Can Produce?
$ES #Elliott Wave #a-b-c down off the top Under the Very Bullish wave count ES-mini only topped in a subwave … Read more
$BTCUSD: A (i) up – (ii) down Long Setup
$BTC #BTC #Bitcoin On July 3rd I warned subscribers of my Premium Chat room: “We can see a corrective pullback … Read more
$SPX: Potential Reversal Point: Watch 6,222 – the Perfect Fib Confluence
$SPX #topping #ElliottWave #trading setup SPX is approaching a perfect confluence of two fibs at 6,222. SPX has made enough … Read more
$BTC: Attractive Breakout Setup in Bitcoin
$BTC $BTCUSD #Bitcoin I am watching an attractive long setup forming before our eyes: BTCUSD 120 min chart I expect … Read more
$SPX: Corrective Pullback is Expected
$SPX #SPX500 Today marks the first trading day of a new month. Let’s see if volatility returns to the market … Read more
$ES: The Market Ignores Bearish Sentiment
#ES #Elliott Wave Despite broad bearish sentiment, ES continues its slow grind upward. S&P Cash Index 15 min chart 🟢 … Read more
$GC: Gold Has a Bullish Setup
#GC #long setup This bullish macro wave count of Gold that considers that drop as a subwave B down of … Read more
$ES: Bulls Can Make One More Push Higher
$ES $SPX #Elliott Wave #trading setup The quick drop on Friday afternoon could be counted as a micro wave iv … Read more
$ES: Bears Should Beware of the Accelerated Alternative Scenario
$ES #ES #Elliott Wave #trading signal Two days ago I shared with you the accelerated Very Bullish scenario: ES-mini 30 … Read more
$ES: Big Gift for Bulls or Buy-the-Rumors-Sell-the-News” Kind of Setup
#ES #SPX #Elliott Wave yesterday we noted a complete looking shallow and flat -a-b-c- down consolidation: …that is a very … Read more
$SPX: Topping Pattern Unfolding: A Reasonable Bearish Wave Count
$SPX $NQ #topping #top #a-b-c- down off the top In my morning report I shared a very very bullish wave … Read more
$ES: Bulls Can Trigger an Acceleration Phase
$ES #ES-mini #Elliott Wave #trading setup The Very bullish scenario assumes ES-mini has started an accelerated rally in a subwave … Read more
$ES: Bulls Have Built a Base for Another Push Higher
$ES #ES #Elliott Wave We can count that move up off the April’25 low as an ufolding five wav eup … Read more
$ES: Most Likely A New Rally Has Started
$ES #ES #Elliott Wave On Sunday evening bears manage to make a new lower low. In October 2022 ES-mini produced … Read more
$ES: Bulls Built a Base and Started a Rally
$ES #ES #trading setup #Elliott Wave We got a corrective three wave decline that almost hit the Green Box: ES-mini … Read more
$ES: Leaking Down to a 80 Day Trough As Expected
$ES #ES-mini #Elliott Wave Today the US stock market is closed. Let’s review the overnight decline in ES-mini futures. ES … Read more
$ES: This Consolidation Builds a Base for Another Rally
$ES #ES-mini #triangle ES continues to consolidate in a narrow range squeezed in between of two contracting trend lines: ES-mini … Read more
$ES: Bear Got a Short Setup
$ES #ES-mini #short setup Bears need to break under 6,051 level to trigger another wave of selling targeting the Green … Read more
$ES: I Count This Rally as Part of a Consolidation
$ES #ES-mini #Elliott Wave I do not think bulls are ready for another run. I still expect a bigger consolidation … Read more
$NQ: Looks Ripe for a Drop
#NQ #Elliott Wave #trading setup #short setup It really makes sense to count the high made last week not as … Read more
$NQ: A Short Covering Rally Kicks In!
$NQ #breakout Bulls managed to reclaim the Monthly Resistance 21,803: NQ-mini 30 min chart That opens the door for a … Read more
$ES: Bulls Can Produce an Extension of the Rally to 6,164
$ES #Running Flat #rally extension Overnight, ES dipped to key milestone support at 5,928 before rebounding sharply to test the … Read more
$ES: Sharp Drop is How the Ending Diagonal Gets Resoved
$ES #Ending Diagonal ES-mini got the final push higher in a subwave (c) of wave ( v ) up completed … Read more
$ES and $SPX: Bull May Make One More Push Higher
$ES $SPX #Elliott Wave #trading setup #one-more-oush-higher The overnight pullback failed to break under the 5,999 Monthly Support. The failed … Read more
$SPX: Finishing the Ending Diagonal and Gann’s Projection of the TOP
$SPX $S&P #Ending Diagonal #topping S&P cash index has the cleanest wave count at this point: S&P 500, Daily chart … Read more
$ES: Lack of Acceleration is a Warning For Bulls
$ES #ES-mini #Month Opening Range Bulls pushed ES-mini over the Monthly Resistance 5,999: Then price came back down and re-tested … Read more
$ES: Potential Short “Failed Breakout” Setup
$ES #SPX #Elliott Wave I am looking for an interesting micro bearish scenario: ES-mini 120 min chart The last major … Read more
$ES and $NQ: Breakout Setup
$ES $NQ #breakout Break over 5,999, the Monthly Resistance, would confirm that the wave -ii- down has bottomed and a … Read more
$ES: Bulls Have to Break Over the Fresh Monthly Resistance
$ES #Month Opening Range Yesterday we got the Month Opening Range completed: The idea behind that indicator is that once … Read more
$ES vs $SPX: Two Wave Counts to Follow
#ES-mini #S&P500 #Elliott Wave We can count the rally in the cash index S&P 500 as a five up rally: … Read more
$BTC: An Attractive Long Setup to ride a 10% rally
#Bitcoin #long setup I count a large (a)-(b)-(c) down move made by Bitcoin in May’25 as a corrective subwave B … Read more
$ES and $NQ: Bulls May Allow Bears to Dig For a Bears’ Trap
$ES #NQ $NQ #Elliott Wave #trading setup Bears may produce one more push lower in both Es-mini and NQ-mini to … Read more
$ES: WEEKEND UPDATE: Has The Chase Begun?
$ES #ES-mini #Elliott Wave #trading setup Bulls can consider the early April’25 low as the bottom of the subwave B … Read more
$ES: Bulls Got a Great Long Setup
$ES #ES-mini #long setup #breakout #accumulation We got a compete looking bearish correction, the -a- down, -b- up, -c- down … Read more
$NQ: Wait for Confirmation of Completion of the Accumulation Pattern
$NQ #NQ-charts #Accumulation #long setup NQ Analysis – Potential Running Flat & Accumulation Pattern in Play NQ has just tagged … Read more
$ES: A Gorgeous Inverse Head and Shoulders Breakout setup
#ES #trading setup #Inverse Head and Shoulders #long setup We can perfectly count the overnight surge as a micro wave … Read more
$NQ: A Push Down to the Green Box would Make a Long Setup
$NQ #trading setup #Elliott Wave #a-b-c down Under the bullish scenario we have been expected a corrective a-b-c down consolidation … Read more
$ES: Will Bulls Get a Pullback Before It Takes Off?
$ES #ES-mini #Elliott Wave #trading setup Yesterday I noted that bears may lose another battle if they allow bulls to … Read more
$NQ: Micro Long Setup
#NQ $NQ #Elliott Wave We can count the move up off the Friday low as a micro wave -i- up, … Read more
$ES: Has A New Leg Up Started?
$ES #ES-mini #Elliott Wave The bullish scenario assumes that the low made in early April was the bottom of a … Read more
$ES: Bulls vs. Bears: One Side Must Blink
#ES $ES #Elliott Wave #trading setup #Elliott Wave Weekend Market Update: ES-mini 30-Minute Chart Outlook Here is the current structure … Read more
$NQ: Bulls Got a Setup for a Rally
$NQ #NQ-mini #closing week Yesterday we correctly predicted NQ to plunge: NQ-mini 30 min chart posted on Thursday, May 23, … Read more
$ES: Where Bulls Will Feel Brave Again?
#ES #Elliott Wave #trading signals Yesterday I concluded my afternoon update with bearish prediction: “Bulls produced an overlapping textbook corrective … Read more
$ES: Expect Bears To Produce Another Leg Down
$ES #ES-mini #trading setup #Elliott Wave We are getting a bounce up off the Green Box. I think the a-b-c … Read more
$NQ: Bears Got a Setup for a Drop
$NQ #NQ-mini #trading setup #Elliott Wave That pop looks like a textbook subwave c in a corrective a up, b … Read more
$ES: It Has Topped. What Bearish Reaction We Should Expect?
$ES #Eliott Wave #trading setup #a-b-c up off the low Bears finally has broken under the first micro support 5,892.75 … Read more
$NQ: Bullish Macro Scenario: Where Bears Can Produce A Pullback
$NQ #NQ-mini #Macro The Bullish Macro scenario allows bulls to produce a five wave up rally off the early April … Read more
$NQ: Bulls Have Room For One Small Push Higher
$NQ #NQ-mini #one more push higher #topping I really would like bulls to push NQ higher one more time to … Read more
$NQ: Approached the Major Crossroads
$NQ #Conflicting Scenarios #Elliott Wave The Nasdaq (NQ) is tracing a structure that closely resembles that of the ES-mini (discussed … Read more
$ES: Bears Will Get Active Again
$ES #ES-mini #Elliott Wave #trading setup It’s always easy to recognize a completed five-wave rally after the fact.But in real … Read more
$ES: Bulls Keep Pushing Higher as Expected
$ES #ES-mini #Elliott Wave #trading setup 5,972 – 5,980 is a confluence of two extensions that can temporary stop this … Read more
$ES: The Bullish Scenario Is Confirmed by the Breakout
$ES #ES-mini The break over the macro resistance 5,837.25 is a strong indication that the bullish macro scenario is in … Read more
$ES: Break Over the Monthly Resistance Triggered a Spike Up
$ES #ES-mini #breakout #Monthly Opening Range In my previous update I warned you: …”PLAN B: If bulls manage to break … Read more
$ES: Bears Have A Clean Setup
$ES #ELLIOTT WAVE #trading setup #short setup Bulls squeezed a slighly higher high on Thursday. But ES closed back under … Read more
$ES: Bears Failed to Break the Monthly Support
$ES #Month Opening Range Yesterday, I anticipated a classic “pump-and-dump” scenario following the FOMC announcement. However, that move didn’t materialize. … Read more
$ES: Be Prepared for FOMC-Driven “Pump-and-Dump” Setup?
#FOMC #ES #corrective (a)-(b)-(c) The ES-mini bounced off the early April low in a three-wave corrective structure. So far, wave … Read more
$ES: Rally Stalled in the Red Box
$ES #ES-mini #Elliott Wave #trading setup The rally run out of gas in the Red Box: ES-mini 120 min chart … Read more
Nasdaq Composite – A Macro Head & Shoulders Bearish Reversal Comes In Play
$COMPX #Head and shoulders 🧠 Understanding the Instruments: Nasdaq Composite vs. NQ-mini Futures Before diving into the wave count and … Read more
S&P 500: Macro Weekend Update
$SPX #Macro #Weekend The S&P 500 cash index and the E-mini S&P 500 futures (ES-mini) track the same benchmark—the S&P … Read more
$NQ: Really Simple Way to Trade Extensions of a Rally
$NQ #NQ-mini #Elliott wave On Tuesday I noted: …“If price manages to break over the red box, it will most … Read more
$ES: Bulls Keep Pushing Into The Red Target Box
#ES #Ellott Wave #trading setup Yesterday I noted: …”At this stage, there’s no sign of bullish exhaustion—buyers look poised to … Read more
$NQ: Potential for Extension of the Rally vs Bearish Reversal Scenario
$NQ #NQ-mini #Elliott Wave In my Weekend report posted on Sunday I concluded: “I reiterate my bullish view for NQ … Read more
$ES: Bulls Pushed ES to a Fresh High on the Heels of the Bears’ Failure
$ES #failed breakdown Yesterday, bears tried to ignite our short-term bearish scenario by piercing the immediate support at 5,497.75, but … Read more
$ES: Looks Ready for a Plunge
$ES #ES-mini #trading setup We have been considering this path as our primary one: ES-mini 120 min chart It is … Read more
$NQ: Hit The Red Box. Will Bears Break A Support?
$NQ #NQ-mini This is my favorite forecasting technique in action: NQ-mini 120 min chart We measure a preceding decline from … Read more
$ES: Bulls Can Push ES Higher
#ES-mini #Elliott Wave #trading setup Yesterday we discussed two paths for this corrective consolidation: (1) Straightforward path (“one-n-done”): ES-mini 120 … Read more
$ES: Bulls Have Three Weeks To Burn
$ES #ES-mini #a-b-c up #corrective pullback After a sharp drop, the ES-mini found strong support in early April. Since then, … Read more
$ES: Paused at the Key Yearly Pivot
$ES #ES-mini #Elliott wave #trading setups #education #pivots On Thursday evening I posted an update where I shared my target … Read more
$ES: Bulls Can Produce Another Leg Up
$ES #Elliott Wave #trading setup This morning I shared my bullish view: …”The only micro wave count I can see … Read more
$ES: Bulls Should Push Higher
$ES #ES-mini #Elliott Wave #trading setup To complete the corrective (a) up, (b) down, (c) up structure off the low … Read more
$ES: Turned Up off the Green Box
$ES #ES-mini #Bullish Reversal Yesterday ES-mini followed our bearish path nicely, it broke under support 5,251 and dropped hard more … Read more
$ES: Bears Have Triggered a Micro Bearish Scenario
$ES #breakdown In my weekend update (see the bearish path) I noted that: …***”Break under 5,251 may be followed by … Read more
$NQ: Bulls Got a Setup for a Rally
$NQ #trading setup #Elliott Wave NQ has a similar wave count to that of ES-mini: NQ-mini 120 min chart NQ … Read more
$ES: MACRO UPDATE: Bounce Up to 5,700 followed by a 2,000 pts Drop
$ES #Macro #weekend My Macro wave count is based on the macro bearish assumption that ES-mini // S&P 500 made … Read more
$ES: Decent Setup to Celebrate Good Friday
#ES #long setup #Elliott Wave #complex correction #w-x-y correction Bears can push ES-mini down one more time to complete the … Read more
$ES: Looking Ahead for Another Long Setup
$E #ES-mini #Elliott Wave #trading setup as long as bears hodl ES under the micro resistance 5,498 the pressure should … Read more
$ES: Another Painful and Annoying wave -b- up
$ES #ES-mini #Elliott Wave What makes a wave b up inside a corrective a down, b up, c down structure … Read more
$ES: Corrective Waves B Take a Lot of Time
$ES #ES #Elliott Wave #fake rally This move up has a clean a up, b down, c up subdivision. This … Read more
$ES: This Exhaustion Gap May Trigger a Sell Off on Monday
$ES #ES-mini #Elliott wave On Friday we tracked a grinding move up into the Red Supply zone ES-mini 15 min … Read more
$ES: Following the Path of a Complex Correction
$ES #ES-mini #Elliott Wave $ES-mini keeps following the path I outlined in the update of S&P 500 index published yesterday … Read more
$ES – Bears Stepped In Right Where We Expected
$ES #ES-mini #Elliott Wave As anticipated, sellers showed up right on cue in ES, turning price down from a powerful … Read more
$SPX: That Rally Was the First Leg Up
$SPX #S&P500 #Elliott Wave We can count a large (a)-(b)-(c) down move off the mid Dec 2024 high as the … Read more
$ES: Popped As We Expected
$ES #ES In my Tuesday evening update I concluded that we can get one more dead cat bounce up to … Read more
$NQ: Bulls Can Produce Another Dead Cat Bounce
$NQ #NQ-mini Macro Wave Structure Analysis: Bearish Impulse & Corrective Rebound The sharp decline from the December 2024 high appears … Read more
$ES: The Next Leg Down May Test 4,500
$ES #Macro I count that decline off the Dec’24 top as the wave A down that does not look having … Read more
$ES: This is Where This Move Up Can Top
$ES #ES #Elliott Wave Looking at the ES Mini chart, it’s hard to argue that the drop is complete.The Sunday … Read more
$ES: A Weak Bounce Can Be Followed By Another Leg Down
$ES #ES #Elliott Wave So far we got a clearly corrective -a-b-c- up bounce that can be counted as a … Read more
$RTY: Small Caps Have Room To Go Lower
$RTY #Macro In January I warned subscribers of my chat room about upcoming big drop in small caps: RTY Daily … Read more
$SPX: Implications of the Friday Macro Breakdown
$SPX #S&P 500 #Weekend #Macro Updtae 🔍 Weekly Chart – Macro Analysis Let’s update our macro perspective on the S&P … Read more
$NQ: Hit A Super Strong Support
$NQ $NA #ElliottWave NQ has hit a super strong 50% retracement of teh whole rally off the Oct’2022 lo We … Read more
$ES: Bulls Have to Stop Decline here to Avoid Macro Breakdown
$ES #ES #Elliott Wave ES dropped to the Macro Target 3 and enetered the green macro Demand zone. We have … Read more
$NQ: I Would Expect A Big Move Up
$NQ #NQ #ElliottWave NQ came back down to re-test the Green Box: NQ-mini Daily chart overall NQ looks macro bullish. … Read more
$ES: What Path Can Bring It Down to 5,300
$ES #ES #Elliott Wave In yesterday’s afternoon update, I concluded that the bears now have a solid macro short setup, … Read more
$NQ: Micro Long Setup
$NQ #NQ #Elliott Wave Yesterday I showed a micro wave count that argued that the move up off the Monday … Read more
$ES: Waiting Time / Macro Update
$ES #ES #ElliottWave #trading setup Let’s talk first about the primary bearish scenario. ES-mini Daily chart Bears argue that ES-mini … Read more
$NQ: Bulls Have a Setup for Another Push Higher
$NQ #NQ #ElliottWave #tradingsetup It is possible that the large multi month log corrective wave (iv) down bottomed yesterday. Then … Read more
$NQ: Bulls Can Trigger the “Failed Breakdown” setup
$NQ $NQ #failed breakdown #intraday reversal This morning bears finally pushed NQ down to tag the Green Box we discussed … Read more
$NQ: The First Days of April Can Bring a Bullish Reversal
$NQ #Elliott Wave #weekend Only one trading day remains in March. Historically, markets often close a month with a final … Read more
$ES: Bears Have a Setup for a Dive
#ES $ES #Elliott Wave #trading setup Bears managed to break support of the blue trend line. ES-mini 240 min chart … Read more
$ES: Can Bulls Save Their Game?
$ES #ES-mini #ElliottWave On Tuesday I shared a bullish path to a new all time high: ES-mini 240 min chart … Read more
$ES: A Three Wave Move Up Topped in the Red Supply Zone
$ES #ES-mini #a-b-c up off the low Yesterday ES-mini completed the second leg up inside our red Target Box: ES-mini … Read more
$ES: Bulls Have to Violate the Key Resistance
to prove it was more than just a corrective bounce off the mid March low… $ES #ES-mini #ElliottWave #trading setup … Read more
$ES: Keeps Climbing as Expected
$ES #ES-mini #Elliott Waves As we expected in the Weekend Update posted on Sunday morning, a break back over the … Read more
$ES: Bulls Can Trigger a Long Breakout Setup for a 100 pts Rally
#MACRO #Weekend $ES #Elliott Wave Over the last 10 years, chances to make money on going long SPY on March … Read more
$ES: Another Chance for Bulls
$ES #ES-mini #Elliott Wave #triangle Overnight bears violated the stop level 5,685. That is a very bearish sign. Move under … Read more
$NQ: MACRO UPDATE: Bears Seem To be in Control
$NQ #NQ The broader outlook for NQ remains bearish. We can consider the rally that began in October 2022 as … Read more
$ES: Bulls Still Hold Cards for Another Push to 5,800+.
$ES #ES-mini #Elliott Wave Yesterday afternoon I shared expectation for another push higher towards 5,800. And then ES rallied but … Read more
$ES: Rally off the Support
#ES $ES Yesterday I noted: 5,659 would be the critical level of support. If bulls manage to stop bleeding at … Read more
$AMZN: Bulls Can Play a 10% Bounce
$AMZN #Elliott wave #long setup We accurately nailed the completion of a five wave up rally in AMZN and predicted … Read more
$ES: Did We See a False Start of a Rally Led by Overoptimistic Retail Traders?
$ES #ES-mini #Elliott Wave The bullish scenario considers the low made on March 13th as a bottom of a corrective … Read more
$ES: Tracking Inverse Head & Shoulders Long Setup
$ES #ES #Elliott Wave First, please note that Tradestation, the platform I use for charting, automatically switched me from expiring … Read more
$ES: The Next Big Move Should Be Up
#ES $ES #Elliott Wave Yesterday morning I got you prepared for one more push lower to test and undershoot the … Read more
$ES: The March 2023 Fractal Prescribes A Move Up
#ES $ES #Elliott Wave #seasonality #fractals The March 2023 bottom looks very similar to that consolidation: ES-mini 240 min, March … Read more
$ES: A Buy Point for a 100 pts Rally
$ES #ES #Elliott Wave This morning bulls got a gift from teh CPI data. Core and frontline inflation both are … Read more
$IJH: S&P 400 Mid Cap Approaches a Buy Point
$S&P #buy point #strong support #corrective a-b-c down The $IJH ETF tracks performance of S&P Mid Cap 400 index (the … Read more
$ES: Four Tools to Identify a Bottom of a Corrective Decline
$ES #ES-mini #Elliott Wave #trading setup #bottoming We got a corrective three wave down (a)-(b)-(c) move towards the Macro Target … Read more
$ES: Bears Triggered the “One More Lower Low” Short Setup
$ES #ES #Elliott Wave Bears triggered the bearish Plan B we discussed on Sunday night: go short on a break … Read more
$ES: One More Lower Low Scenario
$ES #ES-mini #Elliott Wave Bulls need to hold ES over 5,735 to keep the long setup alive. The macro bullish … Read more
$ES: Bulls Has a Turnaround Bullish setup
$ES #ES-mini #Elliott wave Bears made enough micro waves to consider the second leg down having bottomed: ES-mini 240 min … Read more
$ES: At The Crossroads Again
$ES #ES #Elliott Wave We just got a solid jobs report but the market has not made its mind yet: … Read more
$ES: Bulls Failed to start a Rally. It’s Bears Turn Now to Attempt a Breakdown
$ES #ES-mini #Elliott Wave Yesterday I noted a micro i up, ii down long setup. I noted that we can … Read more
$ES: Can Bulls Start a New Rally?
$ES #ES-mini #Elliott Wave #breakdown #failed breakdown The first takeaway from the sharp drop we got yesterday is that bulls … Read more
$ES: The Market Can Set Up A Trap for Bears
$ES #ES #Elliott Wave #trading setup On Sunday I noted that: “…as long as bears hold ES-mini under 6,000 we … Read more
$COMPX: NASDAQ MACRO: Can Bulls Squeeze One More Higher High?
$COMPX #one more higher high #the Top Looking at a weekly chart of Nasdaq Composite you can see that it … Read more
$ES: My Way to Pivot from Bearish to Bullish Bias
$ES #ES-mini #Elliott Wave #trading tips On Friday I expected ES to drop. It did drop but then strongly recovered … Read more
$SI: Watch That IHS Long Setup
#silver #long setup #Inverse Head and Shoulders Bulls need to push silver over 32.90 (the neckline), to trigger a very … Read more
$SPX: Bulls Can Rally to 6,270.
$SPX $ES #Elliott Wave #trading setup Traditionally I will start this weekend update from a very big picture looking at … Read more
$TSLA: Why I Am a Buyer Here
$TSLA #Bullish #long trade TSLA has hit a strong support 283.50: TS:A 120 min chart Note the whole move down … Read more
$BTC and $COIN: Both Look Attractive
#Elliott Wave #Swing Trading BTC hit the upper edge of the unfilled gap up left behind in Nov’24 (the the … Read more
$ES: What Would Trigger a 200 pts Short Covering Rally
$ES #ES-mini On Tuesday I warned you that “Break under 5,997 would open the door for another leg down targeting … Read more
$ES: At The Crossroads of Two Paths
$ES #ES-mini #Elliott Wave Bears did not see anything to get concerned about prospects of the bearish path: ES-mini 240 … Read more
$BTC: Bitcoin Approached Demand Zone
$BTC #Bitcoin Back in Jan 2025 I warned you that Bitcoin would drop, see my update. Here I can offer … Read more
$ES: Bulls Think They Turned the Market up
$ES #ES-mini #bullish reversal The green demand zone 5,994 – 6,.000 got broken yesterday: ES-mini 120 min chart Note that … Read more
$ES: A Trigger for Another 200 pts Drop
$ES #ES-mini #trading setup In my yesterday update I concluded: If a new lower low under the Friday’s low is … Read more
$COIN – Approaching a Green Box
#Long Setup #Elliott Wave In mid Feb 2025 I shared a bearish path with subscribers of my Premium chat room: … Read more
$ES: We Need A Break Out of the Range
$ES #ES-mini #Elliott Wave #trading setup The red line indicates a major level of resistance at 6,155 – 6,162.50: ES-mini … Read more
$ES: Bulls Failed to Break Over Yearly Resistance
$ES #ES-mini #Elliott Wave Yesterday bulls tested the Yearly Resistance 6,162.25 but today they dropped the ball and price dropped … Read more
$ES: Bulls Built a Base Under the Yearly Resistance
$ES #breakout #gathering pattern #flat consolidation We are starting the day exactly where we started Tuesday, right under the Yearly … Read more
$ES: Bulls Struggle Under the 2025 Yearly Resistance
#ES #Elliott Wave This is why bulls have a problem with push ES higher: ES-mini 120 min chart 6,162.25 is … Read more
$ES: Bulls are in Control and May Push Higher
$ES #ES-mini #Elliott Wave We still have two very different scenarios in play: Bearish Scenario: This view considers the early … Read more
$ES: Has Triggered the Bullish Scenario
$ES #ES-mini #ElliottWave #tradig setup #breakout Yesterday bulls managed to break over 6,103, the Monthly Resistance for Feb 2025. The … Read more
$ES: Bears Failed Again. Let’s Look at Bulls’ Arguments
$ES #ES-mini #Elliott Wave Yesterday bears failed to push ES lower than support 1. Moreover, we got a very strong … Read more
$ES, $NQ: Hot CPI and Full Moon Produced a Gift for Bears
$ES $NQ This morning CPI numbers came out higher than expected. That triggered a bearish spike: NQ-mini 120 min chart … Read more
$ES: Bears Have a Short Setup
$ES #ES-mini ES-mini has stopped right under the Red Box yesterday. Bears keep ES under the Monthly Resistance 6,103. That … Read more
$NQ: Buried in a bunch of overlapping three wave moves
$NQ #NQ-mini #ElliottWave #Lesson Elliott Wave Theory is an excellent tool for identifying trending, impulsive moves in the market. These … Read more
$NQ: The Bearish Look
$NQ #NQ-mini #trading setup I can’t see any wave count that allows bulls to push NQ-mini to higher highs before … Read more
$ES: Thursday Whipsaw is a Launchpad for a New Leg Up
$ES #ES-mini #Elliott Wave #trading setup The whipsaw we got on Thursday can be perfectly counted as a subwave -b- … Read more
$ES: Two Micro Counts Allow Bulls to Push Higher
$ES #ES-mini #Elliott Wave #tradig setup The bullish wave count tracks this move up as an unfolding five wave up … Read more
$ES: Bulls Got a Long Micro Setup
$ES #ES-mini As I noted yesterday, bulls got a solid base for another impulsive rally, a flat -a- down, -b- … Read more
$ES: Multi Week Consolidation Continues
$ES #ES-mini #Elliott Wave We have not seen true higher high and a true lower low for weeks. This is … Read more
$ES: February Should Help Bears to Make Lower Lows
$ES #ES-mini On Friday Es-mini dropped under support and invalidated the bullish -i- up, -ii- down setup. Remember a rule … Read more
$RTY: Hit the Milestone Resistance and Looks Ready to Take a Dive
$RTY #Macro #milestones Check how price stumbled upon the red line three times: RTY Daily chart This is where two … Read more
$ES: Bears Can Generate a Daily SELL Signal Today
$ES #ES-mini #Elliott Wave Let’s review a bearish MACRO scenario: ES-mini Daily chart The key daily support is 6,067.50. Why? … Read more
NQ: Bears May Push NQ down to 20,700
NQ has been trading within a defined range for five weeks. The range has an upper resistance zone around 22,100 … Read more
$ES: When A Rally Can Accelerate?
$ES #ES-mini #Elliott Wave I tend to think that ES has not completed the micro wave -ii- down yet: ES-mini … Read more
$ES: My Plan B: A Breakout Scenario
$ES #ES-mini #Ellitt Wave Ideally I would like ES-mini to spend more time for consolidation. But the market may be … Read more
$NQ: Another Shake-Out Before A Rally?
$NQ $NQ #Double Three The spiky drop we got on Monday did not invalidate the Uber Bullish scenario: NQ-Daily chart … Read more
$ES: Possible Triangle Consolidation
$ES #ES-mini #Elliott Wave That is potential reasonable scenario for bulls: ES-mini 480 min chart Price may need more time … Read more
$ES: The Hard Stop for Bears
$ES #ES-mini #Elliott Wave #trading setup Bears are still in control. But they have to keep ES-min under the key … Read more
$AAPL: A Case For a Major Top Made
$AAPL #TOP #a-b-c down AAPL looks having topped in its rally from the 2009 low. So, what should we expect … Read more
$NQ: The 50% Rule: What Could Trigger a Massive Sell-Off to 20,000!
$NQ #NQ-mini 21,428 is the 50% retracement of the overnight Monday drop. That 50% retracement fib is now a critical … Read more
$NQ: the Key Moment of the Day
$NQ #NQ-mini NQ bounced up to a 50% retracement of the overnight drop: NQ-mini 15 min chart That is teh … Read more
$ES: Has the Bear Party Started?
$ES #ES-mini #Elliott Wave #trading setup Lets look first at a bullish scenario: $ES dropped down to support of the … Read more
$ES: The Short “Failed Breakout” Got Triggered
$ES #ES-mini #Elliott Wave #trading setup ES-480 min chart ES mini opened with a gap down diving under the key … Read more
$ES: Bears Can Trigger the Failed Breakout Short Setup
$ES #ES-mini #trading setup That is pivotal moment of the day. ES came back down to the breakout 6,123.50 level. … Read more
$NQ: Bears Got a Micro Setup
$NQ #NQ-mini #trading setup #Elliott Wave That move up really looks like a subwave -c- of wave (b) up: NQ-mini … Read more
$NDX: Searching for a Reasonable Wave Count
$NDX $NQ Futures and the underlying cash index often display noticeably different wave structures. The primary reason is that indices … Read more
$ES: Is That a Dead Cat Bounce or Something Bigger?
$ES #ES-mii #ElliottWave #trading setup The alternative bullish scenario allows bulls to make a new all time high in a … Read more
$NQ: Can Bulls Fulfill the Dream Scenario?
#NQ #ElliottWave #tradingsetup I keep watching two paths: Ultra Bullish vs the Bearish one. We got a micro a-b-c move … Read more
$BITCOIN: Major Top Warning
$BTC $BTCUSD #ElliottWave If we zoom out, we can observe significant risks suggesting that Bitcoin might be forming an important … Read more
$NQ: Primary Bearish vs Alt Ultra Bullish Scenarios
$ES #NQ Let me show you how we can count the rally off the major Oct’2022 low in two different … Read more
$ES: Bulls Won One Battle. Can They Win the War?
$ES #ES-mini #Elliott Wave #trading setup Bears are still very much in control even after that strong short covering rally … Read more
$ES: Can Bears Fade the CPI Rally?
$ES #ES-mini #Elliott wave This morning the core CPI numbers came out unexpectedly cooler than expected. Bulls got a gift … Read more
$NQ: Two paths I will be watching for a corrective a-b-c- up bounce off the Monday low
$NQ #NQ #trading setup #Elliott Wave #a-b-c bounce Two paths I will be watching for a corrective a-b-c- up bounce … Read more
$ES: A Wild Full Moon Party that only muddied the waters further
$ES #ES-mini Yesterday Es dropped as expected but did not hit the target 2 = 5,973.50. Then we got a … Read more
$ES: Expect Bears to test the Micro Support / Target 2
$ES #ES-mini Bears keep pushing ES-mini down as we expected. ES-mini 120 min chart Our micro target 2 is located … Read more
$ES: Bears Opened the Door for a 100pt Decline
$ES #ES-mini #Elliott Wave #trading setup ES-mini keeps moving down along our bearish path. Finally bears managed to break the … Read more
$ES: Hit the Resistance and Built the Base for Breakdown
$ES #ES-mini #Elliott Wave #trading setup Note that bulls produced a micro a-b-c up bounce off the meaningful resistance 5,925. … Read more
$ES: Bears Can Drive ES 180 Points Lower
#Es-mini #Elliott Wave #trading setup We successfully identified the major top made at the beginning of December 2025. Following this … Read more
$ES: Bears Have a Setup for A Leg Down
$ES #ES-mini The first leg down off a potential TOP bottomed in mid Dec’2024. Off that low we got a … Read more
$ES: Path for Jan’25 Decline
$ES #ES-mini #Elliott Wave #trading setup In Mid December 2024 I shared a bearish scenario that argued that ES-mini made … Read more
$ES: The Bearish Scenario Keeps Working
$ES #ES-mini #Head and Shoulders #Bearish reversal .The macro bearish reversal Head and Shoulders scenario keeps working. ES-mini 8 hr … Read more
$ES: The Bounce Hit the Red Box
$ES #ES-mini #Elliott Wave #trading setup #Elliott wave I can remind you about two main macro scenarios we have been … Read more
$ES: Friday Bounce Stopped at the Key Level of Resistance
$ES #ES-mini #trading setup #Elliott Wave The primary wave count is bearish. That wave count is based on an important … Read more
$ES: Hit the TOP and Rolling Over
$ES #ES-mini #Elliott Wave #trading setup This chart shows you a 100% completed structure of the rally off the last … Read more
Both $ES and $NQ Look Very Toppy
$ES $NQ #Elliott Wave #trading setup I count the low made by ES-mini in Aug 2024 as the bottom of … Read more
$ES: MACRO Bearish Setup for a 400 Point Drop
$ES #ES-mini #macro #rally top #bearish reversal I have a clean micro wave count that argues that the rally off … Read more
$NQ: Waiting For Bears to Start the Leg Down
$NQ #NQ-mini #Elliott Wave #trading setup Three weeks ago I warned that NQ would top in the Red Box. So … Read more
$ES: This Move Up Looks Corrective
$ES #ES-mini #Elliott Wave #trading setup Bears pushed ES-min down to the Green Box following the black path we discussed … Read more
S&P 500: Bears Produced First Confirmation of the TOP
$SPX #S&P 500 #trading setup #MACRO I think its time to come back to 2009 and count the rally in … Read more
$ES: Two Paths Leading to the TOP
$Es #ES-mini #Elliott Wave #tradinhg setup Ther are two macro paths leading to the Red Box: ES-mini Daily chart The … Read more
$ES: One More Step to the MACRO TOP
$ES #ES-mini #Elliott Wave Bulls still have room to push ES higher to tag the Red Box (6,138 – 6,260): … Read more
$NQ: Exhaustive Push Into The Red Box
$NQ #NQ #trading setup #Elliott Wave I count that push higher as a subwave c of wave v up that … Read more
$ES: The Most Bullish Scenario In in Play
$ES #ES #tradig setup #Elliott Wave On Monday we discussed two macro bullish scenarios: Es-mini Daily chart Back then I … Read more
$ES: The Perfect Scenario for the US Election Night
$ES #ES #failed breakdown #Elliott Wave The ideal micro scenario is some strength into the Red Box this morning, rejection … Read more
$ES: On the Brink of a Breakdown
$ES #ES #trading setup #Elliott Wave 5,715 is a very important support because this is where a drop can complete … Read more
$ES: Does That Spiky Rally Sets Up a Bulls’ Trap?
$ES #ES-mini #trading setup #Elliott Wave Yesterday ES stopped inches off the main support 5,725. I expect that support to … Read more
$NQ Started a Led Down As Expected
$NQ #NQ-mini #Elliott Wave #trading setup Two days ago I shared that bearish path: NQ-mini Daily chart Bears have started … Read more
$NQ: I Expect The Next Big Move to Be Down
#NQ $NQ #trading setup #Elliott Wave My preferred macro count argues that: NQ-mini Daily chart Let’s zoom-in to a 60 … Read more
$ES: Bears Sit on A Short Setup
#tradingsetup #Elliott Wave $ES #ES-mini There are two important resistance lines – 5,871.50 and (6,000.50 – 6,011.50): Es-mini Daily chart … Read more
$NQ: The Short Term Bearish Scenario Still Looks Legit
#NQ $NQ #Elliott Wave #trading setup #Elliott wave Bears miserably failed to start a leg down off after rejection off … Read more
$ES: Back to the Key Resistance: Possible Breakout Setup
$ES #ES-mini #Elliott Wave #price levels #trading setup Price tests the 5,871.50 key resistance once again: ES-mini 15 min chart … Read more
$SPX: The Last Bastion of Bears Still Holds
$SPX #S&P500 #trading setup #Elliott Wave Bears have a setup to turn NQ-mini down here: NQ-mini Daily chart Note that … Read more
$NQ: Looks Ready to Take a Nose Dive
$NQ #NQ #trading setup #Elliott wave I maintain my short term bearish view on Nasdaq: NQ-mini Daily chart It tagged … Read more
$ES: Finishing a 2-year Long Bull Run
$ES #ES-mini #Elliott Wave #trading setup ES is about to finish a large 2-year long bull run, a five wave … Read more
$NQ: I Expect a 1,000 pts Drop Before Another Big Rally
$NQ #NQ #trading setup #Elliott Wave NQ needs to make a new all time high in order to finish a … Read more
$SPX: Hit A Strong Resistance / Target
$SPX $S&P #Elliott Wave #trading setup SPX has finally hit 5,881.50, a negative 138.2% ext applied to the preceding move … Read more
$S&P Cash Index: Rally Looks Almost Done
$SPX #SPX #ES $ES #Elliott Wave #trading setup We can count the rally in S&P 500 cash index as a … Read more
$NQ: Has Finally Hit The Red Box
$NQ #NQ #Elliott Wave #trading setup Today bulls finally tagged the Red Box we have been watching for weeks: NQ-mini … Read more
$ES: How Monthly Resistance Works
$ES #ES-mini #Elliott Wave #trading setup I consider the October rally as a subwave -b- up of a corrective consolidation … Read more
$ES: Break Out of a Monthly Opening Range is Coming
$ES #ES-mini #Elliott Wave #trading setup ES mini has been in a tight range consolidation for five trading days: ES-mini … Read more
$ES: Waiting for an October pullback
$ES #ES-mini #Elliott Waves #trading setup Last week ES declined to a well defined support level 5,721-5,711 (the resistance-turned-support): ES-mini … Read more
$ES: the Key Support 5,721 Still Holds
$ES #ES-mini #Elliott Wave #trading setup So far bears tested the key support 5,721 twice and miserably failed to break … Read more
$ES: A Week Ago I Gave you the Key Support. It’s Being Tested Right Now
$ES #ES-mini #key support #crossroads A week ago I posted an update that focused on two levels, a resistance 5,830 … Read more
$ES and $NQ: Bearish Seasonality of October Should Help Bears
$ES #ES $NQ #NQ-mini #Elliott Wave #trading setup I expect ES to make a pullback into mid October or late … Read more
$NQ: What Path Can Bring Us to the Macro Target 22,600?
$NQ #NQ-mini #Elliott Wave #trading setup I think NQ should extend the rally in the final wave (v) up at … Read more
$ES: Hit the Target and Key Resistance 5,830
$ES #ES-mini #Elliott Wave #trading setup In my Sunday update I noted: “A corrective subwave -b- up often tops out … Read more
$ES: The Next Pullback Will Test the Key Support
Its Wednesday morning but nothing has changed since my Sunday weekend update. The rally looks having run out of steam. … Read more
$ES: The Key Two Levels to Watch
$ES #ES #trading setup #Elliott Wave Let’s discuss the short term bearish scenario: Bears need to pish ES down under … Read more
$ES: Watch the Breakout Line
$ES #ES-mini #Elliott Wave #trading setup 5,721 was a very very strong resistance that now should work as a strong … Read more
$ES: Is It Coming Up to 6,000 from Here?
$ES #ES-mini #Elliott Wave I have been watching that bullish Macro wave count that allowed bulls to test 6,000 level … Read more
$ES: Not Ready To Trust the Breakout Yet
$ES #ES #Elliott Wave #trading setup Yesterday bears failed to break the Daily resistance 5,607. In an uptrending market a … Read more
$NQ: The Short Term Bearish Case Looks Reasonable
$NQ #NQ #Elliott Wave I watch that short term bearish scenario: NQ-mini Daily chart In the bearish case, at the … Read more
$ES: Two Paths Leading to the TOP
$ES #ES-mini #Elliott Wave #trading setup I keep tracking two scenarios / paths leading ES up to 6,000. The first … Read more
$ES: Two Path Leading to 6,000
$ES #ES-mini #Elliott Wave I have been tracking two scenarios and both allow bulls to push ES-mini to 6,000. Let’s … Read more
$ES: A Bear Trap Followed by A Bull Trap
$ES #ES-mini #trading setup #Elliott Wave We started Tuesday morning with a picture perfect short setup: ES-mini 30 min chart … Read more
$ES: Hot CPI numbers Can Trigger Another Leg down
$ES #ES #trading setup #Elliott Wave Bears have a decent setup for a strong drop in a subwave -c- of … Read more
$ES: Broke Under Support and Hit A Demand Zone
$ES #ES-mini #Elliott Wave #50% retracement On Friday morning bulls had a picture perfect bullish reversal setup. But they failed … Read more
$NQ: Bears Have Room To Push Lower
$NQ #NQ-mini#trading futures #Elliott Wave The Aug’24 rally was a weak move because it never even tested the key 76.4% … Read more
$ES: The Last Chance to Turn Up
$ES #ES #trading setup #Inverse Head and Shoulders Overnight bears pushed ES-mini into my Green Target box: ES-min 120 min … Read more
$ES: Will Bulls Wait for Another Bear Trap to Close?
$ES #ES-mini #Elliott Wave #trading setup I consider the September decline as the final leg in a corrective pullback: We … Read more
$ES: Testing A Major Support
$ES #ES-mini #Elliott Wave #trading setup ES-mini dropped to intersection of two trend lines: Overnight bears tested a strong support … Read more
$ES: Bulls Built a Base for A New Leg Up
$ES #ES-mini #trading setup #Elliott Wave I continue to expect a new leg up to 6,000 upon completion of that … Read more
$ES & $NQ: Do Bulls Need Anotehr Bear Trap for a Breakout
$ES #ES $NQ #NQ #trading setup #Elliott Wave The Thursday morning rally stopped where two previous swings stopped. And that … Read more
$ES: Kissed the Green Demand Zone and Trapped Bears as We Expected!
$ES #ES-mini #trading setup #Elliott Wave In my evening update yesterday I noted that the drop can be counted as … Read more
$ES: Dropped to the Green Demand Zone as Expected
$ES #ES-mini #trading setup #Elliott Wave In my Monday update I shared a path that allowed bears to push ES-mini … Read more
$NQ: I Expect Another Push Up To 20,400
$NQ #NQ-mini #Elliott Wave The key idea is that the rally in subwave (a) of wave (v) has not topped … Read more
$ES: Bulls Need to Set Up a Bears’ Trap Before Making a New All Time High
$ES #ES-mini #Elliott Wave #trading setup Bulls had a simple direct path to re-test the July 2024 all time high … Read more
$ES: Bulls Have a Path to Push Up to 5,720
$ES #ES-mini #Elliott Waves #trading setup Bulls keep pushing ES-mini up following the path I shared on Aug 16: This … Read more
$ES: Bulls Got a Long Setup
#ES $ES #trading futures #Elliott Wave In my previous update I reaffirmed my bearish expectations. ES turned down and dropped … Read more
$ES: Negative Divergence
ES #ES-mini #tradig setup #Elliottt Wave ES-mini keeps climbing extending in the micro wave -iii- up: I continue to expect … Read more
$ES, $NQ: We Need to Build A Base Before Retesting Highs of the Year
$ES #ES $NQ #NQ #trading futures I have identical micro counts for ES-mini and NQ-mini. For NQ-futures that could be … Read more
$ES: Bulls Can Re-test the 5,700 Resistance
$ES #ES-mini #Elliott Wave #trading setup My bullish path (posted on Friday open) argues for bulls to keep pushing ES-mini … Read more
$ES: Hit A Very Important Resistance
$ES #ES-mini #trading setup #Elliott Wave The rally stopped at the critical juncture, a 76.4% retracement of the July decline: … Read more
$ES: Acceleration of the Rally
$ES #ES-mini #trading setup #Elliott Wave ES-mini keeps going up and accelerating the speed of ascent. Yesterday I noted : … Read more
$ES: Bulls Can Keep Pushing Higher
$ES #ES-mini #Elliott Wave let’s have a look at a daily chart to see a bigger picture: So far we … Read more
$ES and $NQ Hit Resistance, Expect A Consolidation
$ES $NQ #trading futures #Elliott Wave This morning both ES-mini and NQ-mini have hit the Red Target box: Even under … Read more
$ES: Bears Have Not Given Up Yet
$ES #ES #trading setup #Elliott Wave This is how the primary bullish wave count looks like: The Primary bullish wave … Read more
$NQ: Corrective Bounce Into the Resistance
$NQ #NQ-mini #Elliott Wave #trading setup So far we got a clean corrective looking three wave up bounce off the … Read more
$ES and $NQ: Both Ready To Spike
$ES $NQ #Elliott Wave #trading setup Yesterday I shared a bullish i up, ii down setup in ES-mini: That bullish … Read more
$ES: Bearish Failed Breakout Followed by Bullish Failed Breakdown
$ES #ES-mini #trading setup Yesterday algos run stops of bears by playing a failed breakout by overshooting resistance 5,344.50. The … Read more
$ES: On A Brink of a Breakdown, Support to Watch
$ES #ES-mini #trading setup #Elliot Wave The primary wave count considers the July drop as a large wave (iv) down … Read more
$NQ: Bulls Can Trigger A Short Squeeze Rally
#NQ $NQ #trading setup #Elliott Wave I think we got an a-b-c move down that was either all of wave … Read more
$ES: Hit the “Risk Level”: Two Scenarios to Watch and Trade
$ES #ES-mini #trading setup Here we can see how the “risk level”, a 76.4% ext of the first leg up, … Read more
$ES: Keeps Following Our Bullish Micro Script
$ES #ES-mini #trading setup Yesterday evening I shared that bullish path: ES-mini 5 min chart This is how that chart … Read more
$ES: Bouncing off the Textbook Target for a Wave (iv) Down
$ES #ES-mini #Trading setup #Elliott Wave This morning ES kissed the textbook target for a wave (iv) down, a 41.4% … Read more
$NQ: Hit the Fat Demand Zone. But Don’t Be in a Hurry to Call it the Bottom
$NQ #NQ-mini #trading setup #Elliott Wave NQ dropped down to the Green Demand zone and is attempting to play a … Read more
$ES: Did the Panic Selling Killed the Bulls Market?
$ES #ES-mini #trading setup #Elliott Wave Overnight ES dropped deeper into the macro Green Box on the Daily chart: It … Read more
$NQ: Dropped to a Support 1
$NQ #NQ-mini #trading setup #Elliott Wave There are three strong support levels: 17,990 is a strong micro support in NQ-futures: … Read more
$ES: The Very Bearish Scenario
$ES #ES-mini #trading setup #Elliott Wave Break under the 5,400 Demand Zone made me consider this very Bearish scenario. That … Read more
$NQ: Two Levels of Support Capable of Stopping This Drop
$NQ $NQ #trading futures #trading setup #Elliott Wave On July 26th I shared with you the projected path for NQ-mini: … Read more
$ES: Hit The Green Demand Zone. What Bounce We Can Expect?
$ES #ES-mini #trading setup As we expected in the evening update, ES-mini continued to leak lower. This morning it finally … Read more
$ES: Dropped as Expected. Where It Can Find Support?
$ES #ES-mini #trading setup #Elliott Wave #trading setup This morning I noted that ES-mini hit the Red Target box and … Read more
$ES: Approached the Red Box
$ES #ES-mini #trading futures #Elliott Wave Two days ago I posted a path that promised a strong rally: We got … Read more
$NQ: Lack of Structure is Achilles Heel of This Rally
$NQ #NQ #trading setup #Elliott Wave In my previous update on NQ-mini posted on Tuesday I correctly predicted a bullish … Read more
$ES: Should You Trust that Rally?
$ES #ES-mini #trading futures Yesterday I expected a corrective rally. But bears first re-tested the lows and made the double … Read more
$NQ: A Clean Corrective Structure Looks Completed
$NQ #NQ-mini #trading futures #Elliott Wave We got a clean complete looking (a)-(b)-(c) move down where wave (c) = 138.2% … Read more
$ES: Macro: Where This Bounce May Top
$ES #ES-mni #trading futures #Elliott Wave I expect ES-mini to play out a large (a)-(b_-(c) down pullback off the mid … Read more
$RTY: Macro: This is Where the Rally Should Top
$RTY #Russell #Elliott Wave Off the Nov 2021 top RTY dropped in a five wave down impulsive move and bottomed … Read more
$ES: Will Bears Get Ever Elusive OML?
$ES #ES-mini #trading setup #ElliottWave In July we got a large -a-b-c- move down where -c- bottomed at a 100% … Read more
$NQ: Hit the Green Target Box, Expect A Bullish Bounce
$NQ #NQ-mini #trading futures #Elliott Wave On Wednesday I noted that NQ would drop 500 pts until it tags the … Read more
$ES: Bears Have a Setup to Undershoot 5,400
$ES #ES-mini #Elliott Wave #trading setup This morning I shared a path that allowed bulls to test the broken support … Read more
$ES: One More Extension Lower
$ES #ES-mini #trading setup #Elliott Wave Looking at the bigger picture on the 120 min chart its difficult to argue … Read more
$NQ: Keeps Going Down as Expected
$NQ #NQ-mini #trading setup #Elliott wave NQ has been moving down as we correctly predicted in the morning update. The … Read more
$ES: The Fat Green Demand Zone that Can Produce a Tradeable Bounce
$ES #ES #trading setup #Elliott Wave Note how break under 5,690, the stop for bulls triggered acceleration of the decline: … Read more
$NQ: Heading Down to Support of the Green Box
$NQ #NQ-mini #Elliott Wave #trading setup This drop invalidated the Very Bullish scenario. Now the Bullish scenario becomes the primary … Read more
$ES: A Move Down to 5,500 Would Complete Head and Shoulders Setup
$ES #ES-mini #trading setup #bearish reversal Note that ES finally broke under support of the blue trend line: That move … Read more
$ES: Bulls Failed To Extend the Rally to the Resistance
$ES #ES-mini #trading setup #Elliott Wave Bulls produced a rally but that rally stopped at a much lower level than … Read more
$ES: Working on Corrective Bounce
#ES-mini $ES #trading setup #Elliott Wave Most likely ES is working on a correctiev bounce in a subwave -b- up: … Read more
$NQ: Bulls Have a Setup for Extension of the Rally
#NQ $NQ #Elliott Wave #trading setup That is my preferred Very Bullish wave count: Zooming-in: Under the Very Bullish scenario … Read more
$ES: Completing Structure of the Decline
$ES #ES-mini #trading setup So far the July decline looks like a corrective -a-b-c- down structure. This morning bears are … Read more
$NQ: Drops to the Demand Zone
$NQ #NQ-mini #Elliott Wave #trading setup This drop can be counted as the final micro wave v down that kisses … Read more
$NQ: Bulls Got A Setup for Another Rally
$NQ #NQ-mini #trading setup #Elliott Wave As we expected, NQ produced a nice decline. But the decline looks corrective because … Read more
$NQ: Watching A Short Setup
$NQ #NQ-mini #trading setup #Elliott Waves I consider a corrective looking overlapping pullback off the Friday morning low as a … Read more
$ES: Will Bears Trigger a Micro H&S setup?
#ES-mini $ES #trading futures #Elliott Wave Bulls made enough micro squiggles to complete a five wave up rally that started … Read more
$ES: The Level of Support To Break
$ES #ES-mini #trading setup #Elliott Wave Bulls have completed two five wave up structures. Traders are very short sighted creatures. … Read more
$ES: Bears Have A Lot of Room To Push Lower
$ES #ES-mini #trading setup #Elliott Wave On Thursday morning we got an exhaustive panic driven spike powered by CPI data … Read more
$NQ: Hit The Target, Expect a Pullback
$NQ #NQ-mini #trading setup #Elliott Wave We expected the rally to stumble upon a confluence of two strong fibs at … Read more
$ES: Ready To Roll Over
$ES #ES-mini #trading setup #Elliott Wave Yesterday the rally tagged the target 1 = 5,621, then overshot it, cam back … Read more
$ES: Why 5,646 – 5,656 is a Strong Resistance
$ES #ES-mini #trading setup #Elliott wave Let me explain why I think that 5,646 – 5,656 is a very strong … Read more
$ES: The Accelerated Part of this Rally is About to Top
$ES #ES-mini #ElliottWave #trading setup I count this forming top as a top of a subwave (c) of wave (iii) … Read more
$NQ: Expect One More Push Higher
$NQ #NQ-mini #trading setup #Elliott wave NQ found firm support in the Green Box and started a rally towards the … Read more
$ES: Two Scenarios and Two Trading Plans
$ES #ES-mini #trading setup #Elliott Wave In the previous update we correctly predicted extension of the rally: “…stretch higher up … Read more
$ES: Turned Up As Expected. Should Push Higher
$ES #ES-mini #trading setup #Elliott Wave Yesterday I noted that bulls could start a new leg up off the weekly … Read more
$ES: The Next Push Up Should Tag 5,630
$ES #ES-mini #trading setup #Elliott Wave .I expect bulls to make another run higher upon completion f that move down … Read more
$ES: Failed Breakout Would Be A Great Long Setup
$ES #ES-mini #trading setup #Elliott Wave #trading futures Yesterday in my weekend update I discussed two alternative macro scenarios that … Read more
$ES: We Can Get One or Two More Legs Up
$ES #ES-mini #trading futures #Elliott Wave I keep tracking two main scenarios, the Uber bullish one and a normal bullish … Read more
$ES: Are Bulls Ready to Push to a New High Yet?
$ES #ES-mini #trading setup #Elliott Wave Under that Trickly Bearish scenario this rally that has a clean a-b-c up structure … Read more
$ES: Bears Can Make Another Leg down
$ES #ES-mini #trading futures We can cout the rally that topped overnight as a corrective wave -x- up to be … Read more
$ES: Drifting Lower as Expected
#ES $ES #trading setup #Elliott Wave Yesterday I shared several macro scenarios. Today I will update the primary bullish scenario. … Read more
$ES: Bulls Have to Defend 5,460 Support to Keep Alive Bullish Scenarios
$ES #ES-mini #trading setup #Elliott Wave I watch three potential macro scenarios and two micro scenarios. Let’s discuss them. (1) … Read more
$NQ: Does Not Look Having Topped
$NQ #NQ-mini #trading futures #UberBullish I would like to update the uber bullish path I posted for NQ-mini a week … Read more
$NQ: The Uber Bullish Wave Count
$NQ #NQ-mini #trading setup #Elliott Wave The Uber Bullish wave count argues that the five wave up structure off the … Read more
$ES: Two Ways How Bulls Can Arrive to 5,650 – 5,800 target
$ES #ES-mini #trading setup The Daily chart has had the Red Box for the major top in between of 5,650 … Read more
$ES: Pump-n-Dump Scenario
$ES #ES-mini #trading setup #Elliott Wave Bears failed to trigger a bearish move. This morning CPI came out slighly cooler … Read more
$ES: Inverse H&S Pattern Should Power A Breakout
$ES #ES-mini #trading setup #Elliott Wave The bullish wave count allows bulls to produce another stromg rally into Nov 24 … Read more
$ES: Hit the Red Box and Rolled Over
$ES #ES-mini #trading setup #Elliott Wave In the previous update I shared my expectation for a turn down off the … Read more
$ES: The Next Long Entry
$ES #ES-mini #trading setup Unfortunately, we never got the second leg down in a subwave (c) of the wave (iv) … Read more
$ES Hit the Green Box and Bounced
$Es #ES-mini #trading futures #trading setup #Elliott Wave On Friday we correctly predicted a bullish reversal off the Green Box: … Read more
$ES: The First Week of June Should Bring A Bounce
$ES #ES-mini #trading setup #Elliott Wave On the Daily chart you can se ES-mini futures moving down in the second … Read more
$NQ: The Second Leg Down is Underway
$NQ #NQ #trading futures #tradig setup #Elliott Wave On the daily chart you can see that NQ-mini rolled over and … Read more
$ES: The Second Leg Down Has Started
$ES #ES-mini #trading-setup #Elliott Wave Bears finally broken under a meaningful support 5,300 today and by doing that they turned … Read more
$NQ: Has the Corrective Rally Topped?
$NQ #NQ-mini #trading setup #trading futures Yesterday we got a textbook bearish 2-close outside reversal pattern, a morning rally makes … Read more
$ES: Long Term and Short Term Trading Plans
$ES #ES-mini #trading setup The big picture for long term traders: we wait for another leg down to the Green … Read more
$ES: How Far that False Rally Can Go?
$ES #ES-mini #trading setup I count that rally as a corrective bounce in a subwave (b) up that should be … Read more
$ES and $NQ: Bears Have a Setup for Another Leg Down
$ES $NQ #trading setup #trading futures Last week a rally in ES-mini finished in the Red Supply Zone: The lowest … Read more
$ES: the Rally Has Hit the Red Box
$ES #ES-mini #trading setup #Elliott Wave I count that rally as a subwave -c- of wave (b) up that has … Read more
NQ: Bears Can Trigger A Short Setup
#NQ-mini $NQ #trading setup #trading futures We can count that move up in NQ as a complete looking -w-x-y- up … Read more
$ES: Have Bears Wasted A Great Setup?
#ES-mini $ES #trading setup #trading futures #Elliott wave The stock market is a quintessential zero sum game. In each trade … Read more
RTY – A Macro Corrective Bounce Has Not Topped Yet
#Russell #RTY #trading futures #trading setup The first conclusion that we can make based on that wave count is that … Read more
$ES: Dropped As Expected. Bulls Got A Setup
$ES #ES-mini #trading futures #trading setup As we correctly predicted, ES-mini dropped to our Green Box: Now bulls have a … Read more
$ES: Bears Finally Started a Move Down
$ES #ES #trading setup #Elliott Wave Bears finally started the move down towards the Green Box we expected If bulls … Read more
$ES: Updated Micro Path
$ES #ES-mini #trading setup #trading futures Yesterday I shared a whipsaw path. This morning I want to slightly update it: … Read more
$ES: Wild Whipsaw Ahead
$ES #ES-mini #trading futures #trading setup #Elliott Wave We are going to get important data release of Personal Consumption Index … Read more
$NQ: One More Leg Down
#NQ $NQ #trading futures #Elliott Wave Let’s first look at a big picture on teh Daily chart : Bears can … Read more
$ES: The First Leg of the Bounce Hit the Target
$ES #ES-mini #trading setup That bounce off the important 5,000 level could be a subwave -a- of wave (b) up: … Read more
$ES: Bouncing off the 5,000 Level as We Expected
$ES #ES-mini #trading setup #Elliott Wave ES-mini keeps working on a large corrective -a-b-c- up bounce as we expected: ES-mini … Read more
$ES: Bulls Defended the 5,000 Level. They Can Start a Move Up
$ES #ES-mini #trading setup #Elliott Wave Let’s start from the macro update based on the Daily chart: Last week ES … Read more
$ES: Nicely Followed Our Plan
$ES #ES-mini #trading setup #trading futures #Elliott Wave In my previous updates I shared my expectations for a final move … Read more
$ES: I Expect A Big Bounce off 5,000
$ES #ES-mini #trading setup #Elliott Wave Let’s look first at a big picture on the daily chart of ES-mini: That … Read more
$ES: Upcoming Test of 5,000 Level
$ES #ES-mini #trading setup #Elliott Wave #triple three Yesterday I shared my expectation that a complete looking Double Three corrective … Read more
$ES: The (w)-(x)-(y) Down Structure Hit the Demand Zone
#ES-mini $ES #Elliott Wave The corrective (w)-(x)-(y) down structure made enough micro waves to be considered completed. On Friday ES … Read more
$ES: Approaching a Strong Level of Support
$ES #ES-mini #trading setup Bears keep pushing ES min down as we expected: Note that 5,132 is a very strong … Read more
$ES: Two Paths Leading Down to 5,000
$ES #ES-mini #trading setup The macro count of the Daily chart argues that this move down is a starting corrective … Read more
$ES: Hot CPI Numbers Triggered a Breakdown
$ES #ES-mini #trading setup The hotter than expected CPI numbers triggered a move down under the Monthly support: Es-mini 30 … Read more
$ES: Price Will Break Out of the Month Opening Range Tomorrow
$ES #ES-mini #trading setup Today Es-mini failed to break under the Monthly Support 5,235: Bears failed to break under the … Read more
$ES: The Friday Pop Could Be A One Day Wonder
$ES #ES-mini #trading setup Let’s start from a macro update of daily charts of S&P 500 cash index and ES-mini … Read more
$ES: Breakdown Confirms a Top of the Wave (iii) Up Made
$ES #ES-mini #trading setup This drop to a lower low makes me consider ES-mini having topped in a wave ( … Read more
$ES: Has the Wave (iii) up Topped?
$ES #ES-mini #trading setup #Elliott Wave ES stretched high enough to hit the typical target for the strongest part of … Read more
$ES: Bulls Still Have A Setup to Push Higher and Tag the Red Box
$ES #ES-mini #trading setup #flat a-b-c consolidation Bulls got a flat a-b-c down consolidation over the resistance of the previously … Read more
$ES and $NQ Look Ready to Test the Red Target Boxes
$ES #ES-mini #trading setup #trading futures We keep watching the same bullish counts that allow bulls to keep pushing both … Read more
$ES and $NQ: One More Push Higher Scenario
#ES-mini #NQ-mini #trading setup #Elliott Wave #topping Bulls finally made a move pushing ES out of the Green box: To … Read more
$ES: Expect One More Push to the Red Box
$ES #ES-mini #trading setup #Elliott Wave #trading setup ES-mini follows the path I shared yesterday. As we expected, ES has … Read more
$ES: I Expect the Wave (iii) up to Top
$ES #ES-mini #trading setup #trading futures #Elliott Wave I think that is the final spike that wil finish the wave … Read more
$ES: Bulls Can Push ES to the Red Box
$Es #ES-mini #trading setup #trading futures We can count the post FOMC announcement pop as a teh top of the … Read more
$ES: Bulls Have a Setup for Another Leg up
$S #ES-mini #trading setup #Elliott Wave We can count that overlapping corrective looking action as a completed wave -iv- down … Read more
$ES, $NQ: One More Shake Out Before Rally Resumes?
$ES $NQ #FOMC #Trading setup #Elliott Wave The uber bullish wave count allows bulls to start acceleration of the rally … Read more
$ES: Bulls Can Push Higher
$ES #ES-mini #trading setup #Elliott Wave ES-mini should be in the final innings of the wave ( iii ) up … Read more
$ES: This Leg Up Looks Like A Corrective Subwave -b- up
$ES #ES-mini #trading setup #Elliott Wave I count this push high as a corrective subwave -b- up: If we get … Read more
$ES: Bears Have a Setup for a Push Down
$ES #ES-mini #trading setup Here bears have a setup for a push down in a subwave -c- There are three … Read more
$NQ: A Chart of the Jun 2024 Contract Looks Toppy
$NQ #NQ-mini #trading setup #trading futures The continuous contract switched to Jun 2024 and it slightly changed the numbers. This … Read more
$ES: The Strongest Part of the Rally May Complete at 5,215
$ES #ES-mini #trading setup #trading futures #Elliott Wave Off the major low made in Oct 2022 ES has been moving … Read more
$NQ: Bears Could Trigger a Bearish H&S Pattern
$NQ #NQ-mini #trading setup #head and shoulders #Elliott wave The uber bullish wave count allows bulls to keep pushing higher: … Read more
$ES: Working on a Pullback as Expected
$ES #ES-mini #trading futures #trading setup As our wave count suggested yesterday, ES-mini turned down: This is how that move … Read more
ES: The Level of Resistance That Should Trigger A Large Pullback
$ES #ES-mini #trading futures #trading setup This rally in a wave ( iii ) up should be followed by a … Read more
$ES: Rallied as Expected and Hit a Strong Resistance
$ES #ES-mini ES mini hit 5,150, the target we have been discussing for weeks: . ES-mini 120 min chart Here … Read more
$ES: Bulls Got A Setup for a Rally
$ES #ES-mini #trading setup Bulls have broken out of the declining price channel: That morning push up confirms completion of … Read more
$ES: Get Ready for the “Max Pain” Tricky Scenario
$ES #ES-mini #trading setup #Elliott Wave ES-mini popped up strongly following strong earning reports posted by NVDA. We correctly predicted … Read more
$ES: Started the Rally We Expected
$ES #ES-mini #trading setup #Elliott Wave This afternoon I reiterated my bullish view for subscribers of my chat room: “So … Read more
$ES: Bulls Got Another Setup for a Rally
$ES #ES-mini #trading setup #trading futures ES-mini kissed the Green Demand zone today. We can count the move down as … Read more
$ES: Bulls Got a Setup to Test 5,100 Level
$ES #ES-mini #tradig setup #trading futures #flat a-b-c consolidation Bulls keep pushing ES-mini futures higher along our “Very Bullish” Wave … Read more
$ES: Bears Failed to Break 5,000 Support. Bulls Can Push Higher Again
$ES #ES-mini #trading setup In my Sunday report I concluded: “If bears fail to break under 5,000 then we can … Read more
$ES: Bears Have Opportunity for the Second Shot
$ES #ES-mini #trading setup Ideally I would like bears to start another push down in a subwave -c- targeting the … Read more
$NQ: Bears Should Follow a Head and Shoulders Path
$NQ #NQ #trading setup Yesterday I shared the Less Bullish scenario that argued that NQ made an important top. This … Read more
$NQ: At The Crossroads
$NQ #NQ-mini #trading setup Let’s update two most probable macro scenarios: (1) Less Bullish scenario: Under the Less Bullish scenario … Read more
$ES: If Bears Fail To Break 5,000 Support the Rally May Extend By 200 Points
$ES #ES-mini #trading setup In my previous updates (here and here) I made a bullish case for a rally that … Read more
$ES: The Rally Approaches A Strong Resistance
$ES #ES-mini #trading setup In the previous update we correctly predicted this rally and noted a clean bullish triangle setup: … Read more
$ES: Bulls Built A Base for a Push Over 5,000
$ES #ES-mini #triangle We can consider ES-mini as having consolidated in a triangle-shaped consolidation: Above I show you a conservative … Read more
$ES and $NQ: Yet Another Bears’ Trap Should Trigger a Move Up
$ES $NQ The morning drop was bought out again: I keep repeating that the cornerstone law of the bullish trend … Read more
S&P: Bulls Can Take A Direct Route
$SPX #S&P Two weeks ago we discussed two different path for S&P to climb over 5,000. Last week bears failed … Read more
$ES: A Move Down we Expected Has Started
$ES #ES-mini #tradingfutures #Elliott Wave In the previous update I showed three potential paths for a bearish pullback: As I … Read more
$ES: Hit Resistance 4,447 and Turned Down
$ES #ES-mini #trading setup In my previous update I noted: !! Note that ES-mini has not tagged the strongest resistance … Read more
$ES: Rejection off a Strong Resistance May Trigger a Pullback
$ES #ES-mini #trading-futures Lets update two major macro scenarios we have been watching and also have a look at less … Read more
$ES: Approaching Strong Resistance
$ES #ES #trading futures In my yesterday’s update I discussed the Running Flat scenario: Under the Running Flat scenario the … Read more
$ES: What if this is the Final Wave 5 up Shaped as the Ending Diagonal?
$ES #ES-mini #trading futures We still do not have clarity if the January 2024 rally is a corrective wave -b- … Read more
$NQ: Bears Can Trigger a Short Setup by Filling the Morning Gap
$NQ #NQ #trading setup This morning spike up can be the final squiggle of the five wave up rally off … Read more
$NDX: Two Macro Paths Higher
$NDX #Nasdaq-100 #Macro Forecast #Weekly This is a macro wave count of NDX Cash Index (Nasdaq-100): We can count the … Read more
$S&P: Macro Structure of the Rally
$SPX #SPX #S&P500 #Macro #Weekly The huge A down, B up, C down structure that played out in between of … Read more
$NQ: Is That a Fake Breakout?
$NQ #NQ-mini #trading setup In the previous update I noted: “The ideal target for the Oct’23 – Dec’23 rally is … Read more
$NQ: We Can Get a Pullback in the 1Q 2024
$NQ #NQ #trading futures #trading setup Over the weekend I posted a macro analysis of Nasdaq Composite index. The Nasdaq-100 … Read more
$S&P: Applying 1999 – 2000 Fractal to Guide Us in 2024
$SPX #Yearly Opening Range #Yearly #Macro #Weekend Let me start from explanation what the Yearly Opening Range is. You may … Read more
$ES: Has This Wave -b- Up Topped?
$ES #Weekend #Daily I continue counting the December 2023 rally as a subwave -b- up inside a corrective -a- down, … Read more
Nasdaq Composite: Macro Update
$COMPX #Weekend #Weekly The Nasdaq-100 is frequently confused with the Nasdaq Composite Index. The Nasdaq Composite index (often referred to … Read more
$ES: Broke Out of the Monthly Opening Range
$ES #ES #Month Opening Range #Elliott Wave #trading setup Today ES-futures broke over the Monthly Resistance 4,797.50: When price breaks … Read more
$ES: Bears Got A Setup for A Breakdown Move
$ES #ES-mini #trading setup #trading futures #Elliott Wave On Thursday last week I posted that path: ES-mini perfectly followed the … Read more
$ES: We Got a Corrective a-b-c up Bounce
$ES #ES-mini #trading setup On Friday update I noted: “If bulls manage to reclaim the monthly support 4,727 we can … Read more
$ES: Watch the Critical Monthly Support
$ES #ES-mini #trading setup #trading futures The big picture is the Nov – Dec 2023 rally was a corrective subwave … Read more
$ES: Triggered the Failed Breakout Scenario
#ES $ES #trading setup #failed breakout We have been watching that same wave count and expecting ES-mini to drop back … Read more
$ES: We Got the Drop to the Demand Zone. What’s Next?
$ES #ES-mini #first decline #re-accumulation On Dec 29th I shared the pattern of a re-accumulation: Back then I noted similarity … Read more
$ES: Keeps Leaking Down As We Expected
$ES #ES #trading setup #Head and Shoulders ES-mini futures keep leaking down in a five wave down structure off the … Read more
$ES: A Bounce off the Key Support Would Define Destiny of the Market
$ES #ES-mini #trading setup ES-mini keeps moving down in a five wave down structure. The target for that overnight decline … Read more
$SPX: We May Replay 2011 – 2012 Fractal
$SPX $S&P 500 #trading #fractal analysis This is my macro forecast for the first half of 2024: I found a … Read more
$ES: Waiting for the Market To Roll Over
$ES #ES #trading setup #toppying We keep waiting for ES-mini futures to roll over: 4,757 – 4,738 is the crucial … Read more
S&P: Cycle Forecast for 2024
$SPX #SPX #Cycle Analysis We can identify a 35 year cycle from 1974 low to 2009 low: There was a … Read more
$NQ: Rolling Over
#NQ $NQ #trading setup NQ-mini has hit the red target box and is ready to roll over: The target 1 … Read more
$NQ: Finishing the December Run
$NQ #NQ-mini #trading setup Nq-mini futures have been following the five wave up structure in this rally. The sharp drop … Read more
$ES: The Plan A and the Plan B for the Holiday week
$ES #ES-mini #trading setup #Heand and Shoulders #breakout Bears still sit on a bearish Head and Shoulders setup: That Head … Read more
$ES: Just Hit The Target 2 and the Main Resistance
$ES #ES-mini #trading setup #Head and Shoulders Yesterday we discussed two targets for a bounce: This morning Es-mini hit the … Read more
$ES: Keeps Working on the Right Shoulder
$ES #ES-mini #trading setup #Elliott Wave #Head and Shoulders Yesterday I shared the bearish reversal Head and Shoulders bearish reversal … Read more
$ES: Working on the Right Shoulder of the Bearish Reversal Setup
$ES #ES-mini #trading setup #Head and Shoulders Almost any big bearish reversal is shaped as a Head and Shoulders pattern … Read more
$ES: Macro Outlook: First 400 points down, Then 800 points Up
#ES #es-mini #macro outlook I count the November – December rally as a completed subwave -b- up to be followed … Read more
$ES: 4,808 is now the Key Support
$ES #ES-mini #trading setup #micro This morning bulls defended the breakout level 4,808: Every time bears fail to break a … Read more
$ES: New All Time High Can Be the Perfect Trap
$ES #ES-mini #trading setup #micro Let’s look at a micro 15 min chart: Today bulls overshoot the previous high made … Read more
$ES: Micro – Drop Under 4,780 Would Be A Bearish Sign
$ES $SPX #ES-mini #futures We continue to patiently wait for signs that this corrective rally in a wave -b- up … Read more
$ES: Waiting for the Bulls’ Trap to Close
$ES #ES-mini #trading setup #weekend I currently consider the very bullish Running Flat scenario as the primary one (read explanation … Read more
$NQ: Bears Got A Setup
$NQ #NQ-mini The micro count of the rally argues NQ might have topped: 16,600 remains the key support now. You … Read more
$ES: This Rally Looks Like a Corrective Wave -b- up
$ES #ES-mini #trading setup Yesterday a member of my chat room asked me if that rally could be a corrective … Read more
$ES: The First Reaction is Bullish. Will It Hold?
$ES #ES-mini The FOMC has just published its “dot plot” chart that implies three quarter-point interest rate cuts next year … Read more
$ES – The Rally Got Overextended
$ES #ES-mini #trading setup Ona Daily chart you can see that bulls keep pushing ESH24 (the March 2024 contract) towards … Read more
$ES: The Rally Looks Completed
$ES #ES-mini #trading setup ES-mini keeps pushing higher moving along our bullish scenario. The Bullish scenario considers the November rally … Read more
$ES: A Pullback is Coming: Macro Weekend Update
$ES #ES-mini #weekend Please note that I have switched to ESH24 , the March 24 contract of ES-mini futures: This … Read more
$ES:Bulls Are Working On A Bulls’ Trap
$ES #ES-mini #failed breakout Yesterday I shared a path and ES has been nicely following it: We got an emotional … Read more
$ES: A Fake Breakout Setup Can Trigger an Overdue Pullback
$ES #ES-mini #trading setup This is the ideal scenario for Friday – Monday: The key resistance is 4,607.75. That is … Read more
$ES and $SVIX: Both Promise A Move Up
#greed index #a-b-c flat consolidation #long setup check The morning Update – 11-29 AM EST below. $SVIX has a picture … Read more
$NQ: Messy Correction Continues
$NQ #NQ #micro #short setup On a daily chart you can see that a drop to 15,600 would complete the … Read more
$NQ: The Bullish Path to a New All Time High
$NQ #NQ-mini #trading setup The Daily chart looks bullish. It shows a clean path for bulls to re-test the high … Read more
$NQ: Will Bulls Squeeze Higher One More Time?
$NQ #NQ-mini #trading setup Bulls need to break over 16,010 to start the final micro leg up: However, keep an … Read more
$ES: Two Micro Paths to Reach the Top
$ES #ES-mini #Elliott Wave #trading setup The previous update correctly predicted an upcoming rally. We keep watching two very different … Read more
$ES: Are You Ready for a Bulls’ Trap?
$ES #ES #trading setup #bulls trap The macro bullish count argues for ES-mini to top somewhere around 4,660 after kissing … Read more
$NQ: Bullish Setup for Another Push Higher
$NQ #NQ-mini #trading setup 15 min chart of NQ-mini futures looks very bullish: In the yellow box you can see … Read more
$ES and $SVIX Look Ready For Another Push Higher
$ES $SVIX #trading setup ES-mini looks having completed a corrective consolidation in the wave -iv- down and looks ready to … Read more
$SVIX: How to Use the “Greed Index” to Nail the Top of that Rally
$SVIX $ES #toppong #Expanding Triangle #Megaphone This is how the macro bullish scenario looks like: Even that bullish scenario argues … Read more
$ES: The November Rally Could Complete the Right Shoulder of the Head and Shoulders Reversal Pattern
$ES $SPX #Head and Shoulders #toppying Today was the worst day for trading in 2023. Look at that miniscule daily … Read more
$ES: Macro Update & Gann’s Levels
$ES #ES #Macro #Trading Setup Let’s first look at the daily chart of S&P cash index: The last three trading … Read more
$ES: Two Path Leading Higher
$ES #ES-mini #trading setup I think this rally will eventually extend up to 4,687 – 4,717: But I do not … Read more
$NQ: Bulls can push higher one more time to complete the wave iii
$NQ #NQ-mini #trading setup This is the micro path I am watching: I think Bulls should be able to push … Read more
$ES: Volatility Will Most Likely Spike After Thanksgiving Holiday
$ES $SPX $VIX #corrective a-b-c up pullback The US stock market will be closed on Thursday. This week has been … Read more
$ES: Keeps Pushing Towards the July’23 High
$ES #ES #trading setup Bulls keep pushing ES-mini towards the main resistance, a red trend line that connects previous highs. … Read more
$ES: Macro: Either Triangle or Breakout Scenario
$ES #ES-mini #trading setup #triangle The only macro scenario that looks relatively reasonable for me is based on the assumption … Read more
$NQ: Micro: Two Potential Trading Setups
$NQ #NQ #trading futures #day trading This chart can be named “the thrill is gone”: Bulls built a base and … Read more
$ES: Expect Volatility on OPEX Friday
$ES #ES #trading setup #OPEX I keep two options on the table. The bearish scenario is still alive: The nearest … Read more
$NQ: Due for a Pullback
$NQ #NQ #trading setup NQ-mini futures looks having completed a five wave up structure off the Oct’23 low: 15,850 remains … Read more
$NQ: The Rally Annihilated the Bearish Scenarios
$NQ #NQ #trading setup I did not expect that rally to climb that high. The strength of that rally annihilated … Read more
$ES: Hit the Red Box and Completes the Five Wave Up Structure
$ES #ES #trading setup That spike completes the five wave up structure off the low made in late Oct’23: ES-mini … Read more
$ES: Get Prepared for a Wild Ride Triggered by CPI Release on Tuesday Morning
$ES #ES #Macro The macro wave count / scenario we discussed on Sunday argues that bulls would be able to … Read more
$ES: The Most Painful Scenario is in Play
$ES #ES #Macro #Expanded Flat On November 8, 2023 I Outlined three paths: This is what I wrote about the … Read more
$ES: WE Got The Bounce. I expect Rejection and Another Leg Down
$ES #ES #trading setup Yesterday I shared an unfolding head and shoulders bearish reversal pattern. That pattern argues for a … Read more
$ES: Head and Shoulders Reversal Pattern is in the Making
$ES #ES-mini ES-mini got rejected off that same Red Band 4,400-4,415: This is how ES -mini looks like after the … Read more
$ES: Micro Path to 4,460
$ES #ES-mini #trading setup #Elliott Wave Yesterday I showed the purple max pain scenario that allowed bulls to produce a … Read more
$ES: Three Macro Paths
$ES #ES #Macro The extremely violent and rare early November rally hit the Supply zone 4,400-4,415 and stalled: Note that … Read more
$ES: The Rally Will Not Stop Until the Bulls’ Trap is Set
$ES #ES Bears had a chance to turn ES-mini down off the resistance 4,381. However, bears failed. Most likely this … Read more
$SPX – $NQ: Fractals Trying To Say Something
$SPX $NQ #trading setups I am going to show you two amazing fractals that seem to be replaying by S&P … Read more
$ES $NQ: MACRO UPDATE: Two Bearish Scenarios
$NQ $ES #ES-mini #trading setup #Elliott Wave I do not see any macro bullish scenario. I consider this short covering … Read more
$NQ: Approaching The Resistance 2
$NQ #NQ-mino Yesterday I noted that if bears fail to stop NQ at 15,000 the rally would extend up to … Read more
$ES: MACRO UPDATE: Corrective Rally Hit The Red Box
$ES #ES-mini #trading setup On October 27 I noted that ES-mini hit an important support 4,160: This is what I … Read more
$NQ: This Rally Looks Like A Textbook Short Squeeze
$NQ #NQ-mini #trading setup #Elliott Wave The steepness of this ascent and lack of a structure behind that rally leaves … Read more
$ES: Hit The Strong Resistance Pre-Market.
$ES #ES #Elliott Wave #trading setup #Inverse Head and Shoulders Yesterday I noted that if bulls manage to violate the … Read more
$ES: A Short Squeeze Rally Extended the Bounce
$ES #ES #trading setup Afternoon update, 2-40 PM EST Afternoon update, 3-50 PM EST Yesterday bulls completed a double three … Read more
$NQ: The Bounce Has Completed its Structure
$NQ #NQ #trading setup I think we are dealing with a corrective bounce in a wave (b) up to be … Read more
$ES: Bounced As Expected, Bears Got a Big Short Setup
$ES #ES #trading setup #Elliott Wave #Double Three Afternoon update, 3-38 PM EST In my Sunday weekend report I shared … Read more
$NQ: Two Key Levels to Watch
$NQ #NQ #trading setup #Elliott Wave Afternoon update, 2-56 PM EST Note where this rally stopped. Right at the trend … Read more
$ES: This Bounce Can Be Followed by a Panic Driven Crash
$ES #ES #trading setup #Elliott Wave This morning I published my bearish macro outlook based on weekly and daily charts … Read more
$SPX: Breakdown Confirmed the Bearish Outlook
$ES #ES #MACRO #WEEKEND #Weekend The previous week solidly invalidated the alternative bullish scenario that allowed bulls to make a … Read more
$ES: Bulls Have Opportunity for a Corrective Pullback
$ES #ES-mini #trading setup #Elliott Wave So far bears failed to break under a strong support 4,160. We discussed significance … Read more
$ES : Hit the Strong Support: A Bounce is Coming
$ES #ES #trading setup updated at 3-54 PM EST Yesterday I shared expectations for a drop down to 4,160: Today … Read more
$NQ: The Target 1 is Still 14,200
$NQ #NQ #trading setup #Elliott Wave #breakdown #76.4% risk level On October 18 I noted: “We can say that 14,886 … Read more
$ES: Target for This Move Down
$ES #ES #trading setup #Elliott Wave #breakdown #acceleration In the first morning update morning I noted: “Break under 4,224 would … Read more
$ES: A Spiky Move Up Would Complete a Corrective Bounce
$ES #ES #trading setup #Elliott Wave The noon update, posted at 11-55 AM. The afternoon update at 2-23 PM. That … Read more
$ES $NQ: Morning Micro Update: Bulls Build a Base For Another Push Up
$ES $NQ #trading setup #Elliott wave If we get a decline down to the Green Box that decline would complete … Read more
$ES: Hit The Gann’s Level of Support and Bounced.
$ES #ES #trading setup #Elliott Wave , I think bulls will get an opportunity for one more corrective rally in … Read more
$NQ: Bulls Can Produce a Short Covering Rally
$NQ #NQ #trading setup #Elliott Wave This morning bears undercut the double bottom but then bulls stepped in and reclaimed … Read more
$ES: MACRO UPDATE: A Pullback That Fails To Get Over 4,310 Would Be A Short Setup
$ES #ES #trading setup #Elliott Wave #weekend In a Weekend Macro update published on Sunday October 8 I posted that … Read more
$ES: Triggered Breakdown Scenario
$ES #ES-mini #trading setup #Elliott Wave Yesterday I noted that if bears break under 4,291 scenario they will open the … Read more
$ES: Break Under Strong Gann’s Level 4,291 Would Trigger a Very Bearish Breakdown Scenario
$ES #ES #trading setup #Elliott Wave #breakdown #Gann Under the bullish scenario bulls still have a chance to stop this … Read more
$NQ: MACRO: Stopped at the Macro Intersection
$NQ #NQ #trading setup #Elliott Wave Added morning update at 9-56 AM Added noon update at 11-26 AM EST Added … Read more
$ES: Dropped to the Green Box. Bulls Can Start A New Rally
$ES #ES #trading setup #Elliott Wave Yesterday I posted that bearish path: Today ES-mini tested the Green Box: ES stopped … Read more
$NQ: Micro Bullish Wedge Before the Friday OPEX
$NQ #trading setup #OPEX All bears made is a bullish looking descending wedge: Bulls sit on a long setup to … Read more
$ES: Break Out Of The Range is Coming
$ES #ES #trading setup #Elliott Wave Yesterday I started an experiment that should deliver additional value to subscribers of “Big … Read more
NQ: Bears Got A Micro i Down, ii Up Short Setup to Trigger a Macro Short Setup
$NQ #NQ #trading setup #Elliott Wave The macro bearish setup allows bears to produce either a large wave ( iii … Read more
$ES: At The Key Micro Support: Updated
$ES #ES-mini #trading futures #trading setup #Elliott Wave So far all what bears did is they produced a corrective flat … Read more
$ES: I Do Not Trust This Rally
$ES #ES-mini #trading setup Even under the bullish scenario this rally could be a part of a corrective subwave -b- … Read more
$NQ: Two Levels to Watch: Updated
$NQ #NQ-mini #trading futures #Elliott Wave #trading setup #AfternoonUpdate Last week NQ-mini hit the upper red trend line and turned … Read more
$ES: Macro Weekend Update: Bulls Can Produce One More Leg Up
$ES #ES #trading setup #Elliott Wave The Primary Bearish scenario allows bulls to make one more push lower to produce … Read more
$ES: Two Micro Path Leading Lower
$ES #ES #trading setup #Elliott Wave This morning ES-mini completed the a-b-c pullback we expected yesterday: We have two path … Read more
$NQ: Working on a Topping Head and Shoulders Pattern
$NQ #NQ #Elliott Wave #trading setup #Head and Shoulders In my evening update yesterday I posted a chart showing the … Read more
$ES: This Leg Up Has Topped
$ES #ES #trading setup $Elliott Wave This drop confirms the rally has topped. Now we want bears to violote support … Read more
$NQ: Extremely Overbought: Move Down is Coming
$NQ #NQ #Elliott Wave #trading setup NQ-mini futures produced a clean (a) up, (b) down, (c) up structure into the … Read more
$ES: MACRO Update: I Favor Bearish Scenarios
$ES #SPX #Elliott Wave #Macro The Most Bearish Macro scenario is that we deal with a corrective wave X up: … Read more
$ES: Re-test of the Broken Neckline From Below
$ES #ES #trading setup #Elliott Waves So we got an (a)-(b)-(c) up move back to re-test the broken neckline from … Read more
$NQ: Too Many Potential Paths, All Look Toppy
$NQ #NQ #Elliott Wave #trading setup #a-b-c pullback Bulls did not allow for one more push lower that would perfectly … Read more
$ES: Both Micro Scenarios Argue for A Move Lower
$ES #ES #trading setup #Elliott Wave #a-b-c down In my Sunday weekend macro update we correctly predicted a move down … Read more
S&P 500: MACRO UPDATE: A Pullback Making a Higher Low Would Confirm a Reversal
$SPX #S&P500 #macro #weekly #weekend In this weekend update I will be updating scenarios we discussed in details the previous … Read more
$ES: We Got A Crazy Short Covering Rally. Do not Get bullish!
$ES #ES #trading-setup #ElliottWave #a-b-c pullback This morning we correctly predicted a pre-market drop, followed by a bullish reversal and … Read more
$ES: Path for a Friday Rally
$ES #ES #trading setup #RunningFlat ES made a higher high overnight and by doing that it set the stage for … Read more
$NQ: Macro Update: Triangle Shaped Consolidation Should be Followed by Another Dive
$NQ #NQ #trading setup #Elliott Wave #triangle NQ-mini has been a week in a directionless consolidation. When price gets stuck … Read more
$ES & $NQ: Bears Insist on Another Deep Dive, But Bulls Can Invalidate that Scenario
$ES $NQ #Running Flat #Very Bearish Scenario Perm bears are focused on the same very bearish scenario in $ES and … Read more
$ES: Bullish Reversal Setup: Inverse Head and Shoulders
$ES #trading setup #bullish reversal This morning I correctly predicted a pullback after the pre-market rally. After that pullback bulls … Read more
$ES: Hit The Target Box and Popped with Gusto
$ES #ES #trading setup #Elliott Wave In my afternoon update yesterday I noted that ES was going to make another … Read more
S&P 500: Approaching the Target
$SPX $ES #trading setup In my Weekend Update (Part I and Part II) posted on Sunday I explained that I … Read more
$ES: Bearish Head and Shoulders
$ES #ES #trading setup #Head and Shoulders We got another bearish Head and Shoulders pattern Break under the upper trend … Read more
$ES: Bulls Still Can Make One More Push Higher
$ES #ES #trading setup #Elliott Wave #a-b-c pullback This is a quick intraday update. It has been a slow leaking … Read more
$NQ: Has the Pullback Topped?
$NQ #NQ #trading setup #Elliott Wave Under the Macro Bearish scenario bulls tested the Red Box and got rejected: That … Read more
$S&P: Bulls Consider the Pullback off the July High as a Buy Opportunity: Macro Update: Part II
$SPX #SPX #trading setup #Elliott Wave #macro #weekly The Bullish scenario assumes that S&P made a bottom of a corrective … Read more
S&P: Bearish Scenario: Macro Update Part I
$SPX #S&P #Macro Update #Elliott Wave Let’s update our two alternative macro scenarios. We will be looking at S&P 500 … Read more
$ES: Dropped As Expected: Bulls Can Attack 4,400 Resistance Next Week
$ES #es-mini #trading setup #ElliottWave This morning I correctly predicted a pullback off the morning highs. I shared two bearish … Read more
$NQ: Hit The First Resistance and Got Rejected. Can Bulls Make Another Push Higher?
$NQ #NQ #trading setup In my previous update “Both Scenarios Allow Bulls To Push Higher” I correctly predicted a corrective … Read more
$ES: Hitting the Red Box, Pullback Will Follow
$ES #ES #trading setup #Elliott Wave This morning ES-mini is hitting the red Box: There are two potential micro paths: … Read more
$ES: How Bulls Can Avoid the Plunge
$ES #ES #trading setup #Elliott wave Yesterday I outlined an alternative bearish scenario that argues for the final plunge either … Read more
$ES: Potential for the Final Capitulation Drop on Friday
$ES #ES-mini #trading setup The base case is that bulls produce a bigger bounce to the intersection of two trend … Read more
$NQ: MACRO UPDATE: Both Scenarios Allow Bulls to Push Higher
$NQ #NQ #trading setup #Elliott Wave Today NQ tested a strong support at 14,628. That was the June 2023 low. … Read more
$ES: Dropped and Hit The Target. Bulls Have a Setup to Turn it Up
$ES #ES #trading setup #Elliott wave I kept repeating that 4,312 is the target for the move down: Yesterday I … Read more
$NQ: May Take a Dive
$NQ #NQ #trading setup #Elliott Wave Ideally bulls should produce one more push higher in a subwave c of a … Read more
$ES: Made a Move Down as Expected But Has Not Hit The Target Yet
$ES #ES #trading setup #Elliott Wave We closed last week with a short setup that allowed bears to push ES-mini … Read more
$NQ: Approaching a Strong Support
$NQ #NQ #trading setup #Elliott Wave NQ is approaching a very strong confluence of two levels: Let’s dive deeper and … Read more
$ES: The Crowd Expects a Market Crash. Stay Away From the Crowd!
$ES #ES-mini #trading setup #Head and Shoulders Last week ES-mini futures broke under the important support, the green band 4,415 … Read more
$ES: Bouncing Back to 4,399 As Expected
$ES #ES-mini #trading setup #Elliott Wave Yesterday in my evening report I concluded that ES-mini hit an important support at … Read more
$ES: Stopped at a Strong Support on Thursday.
$ES #ES-mini #trading setup #extension #wave 3 down #Elliott Wave Yesterday ES-mini broken under an important support 4,462 and that … Read more
$ES: A Breakdown Has Triggered “Short-Every-Bounce” Regime
$ES #ES-mini #trading setup #Elliott Wave #invalidation This morning I shared my expectation for an a-b-c move up targeting 4,540: … Read more
$ES – Potential Micro Path for a Volatile FOMC Day
$ES #ES-mini #trading setup #Elliott Wave #trading strategy #trading plan Yesterday I posted a “spaghetti” chart showing three potential paths: … Read more
$ES: Bullish Reversal Off The Green Box
$ES #ES-mini #trading setup This morning I posted an update arguing for another push lower to test the Green Box: … Read more
$ES: Three “Spaghetti” Models
$ES #ES-mini #trading setup #Elliott Wave Meteorologists use the term “spaghetti models” to show different paths for the cone of … Read more
$ES: A Corrective Bounce to the Supply Zone Looks Like a Short Setup
$ES #ES-mini #trading setup ES just bounced up to the same macro red supply zone in a clean a-b-c up … Read more
$ES: Weekly Macro Update: Can Bulls Stop this Drop at 4,400?
$ES #ES-mini #trading setup #Elliott Wave #weekly #macro #Month Opening Range Last week bulls failed to break over the immediate … Read more
NQ: Turned Down. The Bearish Path to follow
$NQ #NQ #trading setup Yesterday I posted a clean short -i- down,. -ii- up setup: This is how that chart … Read more
$ES & $SPX: The Bearish Scenario is Barely Alive
$ES $SPX #ES-mini futures #trading setup #Daily On Thursday bulls broke out over the red supply zone: So far that … Read more
$NQ Still Hesitating What Path to Follow
$NQ #NQ #trading setup #Daily #Macro We still have two alternative very different macro scenarios: NQ dropped to the green … Read more
$ES: Bears Get Another -i- down, -ii- up Short Setup
$ES #ES-mini #trading setup ES-mini tested support of that green trend line 10 times: By now that support has been … Read more
$ES: Break Over 4,540 Would Trigger A Short Squeeze
$ES #ES #trading setup #Elliott Wave #trading strategy #acceleration The Weekly chart of ES-mini looks bullish, no doubts about that: … Read more
$NQ: Bears Sit On a Picture Perfect Short -i- down, -ii- up Setup
$NQ #NQ-mini #trading setup #Elliott Wave #trading setup $NQ is at the critical intersection in between of the blue bullish … Read more
$SPX – $ES: At The Intersection of the Macro Bullish and Bearish Scenarios
$SPX #ES #S&P500 #Macro #Weekedn #Weekend We continue to follow two different macro path, the blue bullish and the red … Read more
$ES: Bulls Produced a Bounce We Expected. Has it Topped?
$ES #ES-mini #trading setup #Elliott Wave Yesterday I correctly predicted a bullish bounce triggered by a micro bullish Head and … Read more
$ES: A Micro Bounce Before the Drop?
$ES #ES-mini #trading setup #Head and Shoulders On a macro chart everyone watches that huge Head and Shoulders bearish reversal … Read more
$ES: Macro Bearish Head and Shoulders
$ES #ES-mini #trading setup #Head and Shoulders This is the macro bearish Head and Shoulders reversal pattern: To trigger that … Read more
$ES: Can We Get a Bounce off the 50 Daily MA?
$ES #ES-mini #trading setup Today ES-mini dropped to an upward sloped 50 Daily MA: Moreover, both, ES-mini and NQ-mini, made … Read more
$ES: Dropped to the Target. What’s Next?
$ES #ES-mini #trading setup #Elliott Wave On Friday we closed the week with an attractive short setup. I posted that … Read more
$ES: The Wednesday Low Will Become a Monthly Support
$ES #ES-mini #Monthly Opening Range #trading range I keep teaching my followers a mighty strategy that helps me a lot … Read more
$ES: A Bullish Wedge Is a Long Setup for a Spike to a Lower High
$ES #ES #trading setup #bullish wedge #Elliott Wave #trading startegy The micro Head and Shoulders setup produced a very weak … Read more
ES: Bulls Could Regain Control Over 4,523
$ES #ES-mini #trading setup #Elliott Wave Interestingly we get a similar picture on a macro and a micro timeframes. We … Read more
$NQ: Rolling Over As Expected
$NQ #NQ-mini #trading setup #Elliott Wave #trading strategy NQ-mini futures looks having completed the Right Shoulder of a large bearish … Read more
$ES: Micro Update: Setting Up for a Drop
$ES #ES-mini #trading setup #Elliott Wave #trading strategy Today ES-mini futures completed the bearish Head and Shoulders reversal pattern: The … Read more
$ES: Bears Are Going to test 4,500 Support
$ES #ES-mini #trading setup #Elliott Wave #trading strategy ES-mini has a bearish look: I really like how price broke under … Read more
$NQ: Bears Keep Sitting on a Textbook Short Setup
$NQ #NQ #trading setup #Elliott Wave #trading strategy We got an -w-x-y- up bounce into the resistance of the Red … Read more
$SPX: The “make-it-or-break-it” point for bears and bulls.
$SPX #S&P 500 #Macro Forecast #Weekly #Elliott Wave On Aug 21st I posted that chart with two potential macro paths: … Read more
$ES: The Structure of the Bounce Looks Complete
$ES #ES #trading setup #Elliott Wave #trading strategy If we look at a macro 240 min chart we can see … Read more
$ES: We Got The Rally As Expected. Cab Bears Close the Bulls’ Trap?
$ES #ES-mini #trading setup #Elliott Wave #trading strategy Yesterday we correctly predicted that violent rally: My conclusion was: “That flat … Read more
$ES: This Rally Should Set Up a Bulls’ Trap
$ES #ES #trading setup #Elliott Wave Let’s refresh the big picture looking at the weekly chart below: My primary scenario … Read more
$ES: Bulls Triggered the Bullish Scenario
$ES #ES #trading setup #Elliott Wave Yesterday I posted two different scenarios. Bears had a great scenario for a breakdown … Read more
$NQ: Bulls Can Re-Test the Red Box
$NQ #NQ-mini #trading setup #Elliott Wave #trading strategy In mid August decline stopped at the Green Box, the ideal place … Read more
$ES: Weekend Update: Bears Ended the Week With A Charged Short Setup
$ES #ES #Weekend #Elliott Wave In my Thursday report I outlined two alternative scenarios, a bullish and the bearish one. … Read more
$ES: The Most Bearish Scenario Argues for a Deep Dive
$ES #ES-mini #trading setup #five waves down Yesterday I shared a bearish path and noted that it would be valid … Read more
$ES: Lower Lows Are Coming
$ES #ES #trading setup #breakdown #Elliott Wave Yesterday I posted a chart showing that ES-mini hit the supply zone: I … Read more
$NQ: Failed Rally Is A Setup for a Breakdown
$NQ #NQ-mini futures #trading setup #Elliott Wave On Tuesday I posted this chart It showed a bullish widely watched scenario … Read more
$ES: How High This Rally Can Go?
$Es #ES-mini #trading setup #Elliott Wave #trading strategy We have got a bounce to the lower edge of a Red … Read more
$NQ: Bulls Keep Pushing Higher as Expected
$NQ #NQ-mini #trading setup #Elliott Wave On August 17th I noted that the minimum bullish expectation was a rally to … Read more
$ES: Keeps Following the Corrective a-b-c up Path Nicely
$ES #ES-mini #trading setup #a-b-c up #Elliott Wave Yesterday I shared an expected path for continuation of the corrective a-b-c … Read more
$ES: Consolidation Should Take More Time
$ES #ES-mini #trading setup #Elliott Wave Yesterday I shared a micro forecast for a micro rally targeting 4,418 – 4,435. … Read more
$NQ: Bouncing Up off My Green Box
$NQ #NQ-mini #trading futures #Elliott Wave #trading strategy In my previous update on NQ-mini futures I noted that it dropped … Read more
$ES: A Bullish Corrective Bounce is Under Way
$ES #ES-mini #trading setup #Elliott Wave #a-b-c up bounce I keep watching two macro scenarios on a weekly chart of … Read more
$ES: WEEKEND MACRO FORECAST
$es #es-mini #trading setup #Elliott Wave My macro count has not changed for months. I continue to consider the move … Read more
S&P Macro Forecast: Can Bulls Turn it Up?
$SPX #S&P 500 #weekly #Elliott Wave ES-mini futures kept tanking to new lows overnight. I expected ES-mini to produce at … Read more
$NQ: Hit The Macro Target 1
$NQ #NQ-mini #trading setup #Elliott Wave We can count the move down off the July high as a corrective (a)-(b)-(c) … Read more
$ES: A Bullish Bounce is Coming to Town
$ES #ES-mini #trading setup #Elliott Wave #trading strategy On Tuesday I concluded: “In ideal case this move down should extend … Read more
$NQ: Arrived to The Main Target and Support
$NQ #NQ-mini futures #trading setup In the previous macro update I reiterated my expectation for this decline to eventually test … Read more
$ES: Approaching the Green Macro Demand Zone
$ES #ES-mini #trading futures #trading setup #Elliott Wave #trading strategy Yesterday I concluded that bears could push ES-mini lower. On … Read more
$NQ: A Potential “Failed Breakdown” Setup Can Trigger A Short Covering Squeeze
$NQ #nq-mni futures #trading setup #Elliott Wave #trading strategy This morning NQ is testing a micro demand zone formed by … Read more
$ES: Bulls Have a Path for a Bullish Reversal
$es #es-mini #trading setup #Elliott Wave Yesterday evening I posted a chart that argues for bears to make at least … Read more
$ES: Dropped As Expected. It Can Drop Even Lower to Hit the Target
$ES #ES-mini #trading setup #Elliott Wave Yesterday I shared a decent short setup: I concluded that report with the following: … Read more
$NQ: Tested the Red Box and Dropped As Expected. What’s Next?
$NQ #NQ-mini #trading setup #Elliott Wave #trading strategy In the previous update I shared a setup for a rally: NQ … Read more
$ES: We Got A Bounce, Bears Got A Setup For A Short
$ES #ES-mini #trading setup #Elliott Wave In the morning update I shared a bullish path for ES-mini futures: This is … Read more
$ES: How Bears Can Push To the Macro Demand Zone Under 4,400
$ES #ES #trading setup #Daily #micro #Elliott Wave #trading strategy Yesterday in a macro update I posted that Daily chart … Read more
$NQ – Bulls Have a Setup To Test 15,300 Resistance
$NQ #NQ-mini #trading setup #Elliott Wave The wave count of the rally in NQ-mini futures off the low made in … Read more
$ES: Macro Update: The 2023 Rally Looks Having Topped
$ES #ES-mini #trading setup #trading futures #Elliott Wave My primary macro scenario assumes that the rally off the 2009 low … Read more
$NQ: Bullish Macro Scenario: A Bullish Bounce is Coming
$NQ #NQ-mini #trading futures #macro update #Elliott Wave We can consider that bullish path our primary scenario. The bullish scenario … Read more
$NQ: We Got A Gap Down as Expected. What’s Next?
$NQ #NQ-mini #trading setup Yesterday I shared a short setup that played out well. NQ-mini dropped 150 points overnight. Let’s … Read more
$NQ – Bears Have A Great Short Setup for an Accelerated Drop
$NQ #NQ-mini #trading setup That slow grinding move up after close is exactly what I expected. At 2-30 PM I … Read more
$ES: Bears Are In Control and Setting the Stage for An Accelerated Decline
$ES #ES-mini #trading setup Yesterday I posted the bearish scenario: Today algos played the same tricky Expanded Flat structure we … Read more
$NQ: Bears Got A Short Setup for a Big Dive
$NQ #NQ-mini NQ produced a large -a-b-c- move down off the July high. Ideally it should be followed by a … Read more
$ES – Bullish Scenario Failed
$ES #ES-mini #trading setup Overnight the bullish bounce that started on Tuesday afternoon extended to ne higher highs. At 8-51 … Read more
$NQ: Bulls Played the “Failed Breakdown” Long Setup
$NQ #NQ-mini #trading setup #ElliottWave Yesterday NQ started with a clean short setup for bears: I expected bears to produce … Read more
$ES: Bulls Triggered the Bullish Scenario
$ES #ES-mini #trading setup #ElliottWave Today I posted an intraday update and note that bulls could start “a large corrective … Read more
$ES: 4,506 is a Hard Stop for Bears
$ES #ES-mini #trading setup #Elliott Wave Yesterday ES-mini completed a corrective a-b-c up bounce and provided bears with a great … Read more
$NQ: Bounced as Expected, Bears Got a Great Short Setup
$NQ #NQ-mini #trading setup #Elliott Wave #i down-ii up setup In my previous update I shared my expectations for a … Read more
$ES: Bounced and Got Rejected: Bears Got A Setup for a Drop
#ES-mini #trading setup #Elliott Wave #Running Flat In my Weekend Update I shared expectations for a corrective bounce: My conclusion … Read more
$ES: One More Bounce Would Provide Bears With a Sweet Short Setup
$ES #es-mini futures #trading setup #Elliott Wave #weekend update #weekly Part II of the Weekend Update. Let’s start from a … Read more
$ES: Will It Bounce off the Fresh Monthly Support?
#es-mini #trading setup #Elliott Wave #Monthly Opening Range #weekend update The Weekend Update Part I. ES-mini futures managed to close … Read more
$NQ: Started a New Leg Down to the Target 2
In the previous update I expected a bounce to the red supply zone followe by another decline: It is possible … Read more
$ES: We Nailed the Overnight High. Price Dropped to he Green Box
$ES #ES-mini #trading setup #Elliott Wave ES-mini follows the path posted in the evening update: In the evening update I … Read more
ES: Hit the Buy Point and Turned Up As Predicted
$ES #ES-mini #trading setup #trading futures #bullish reversal In the previous update posted yesterday I shared my expectations for bears … Read more
$NQ: Hit the Target 1 and Bounced. What’s Next?
$NQ #NQ-mni #trading futures #Elliott Wave #trading setup In my previous update I concluded: “I expect this leg down to … Read more
ES: We Nailed the Low of The Day. Will We Get A Lower Low Tomorrow?
$ES #ES-mini #trading setup #Elliott Wave Today I shared my plan to go long at 4,528. The low of the … Read more
ES: Has Hit the Target 1. Where To Buy for a Bounce?
$ES #ES-mini #trading-setup Yesterday I shared a chart of ES-mini with three targets for this leg down: The target 1 … Read more
$NQ: Broke the Uptrend. Where is the Support?
$NQ #NQ-mini #Elliott Wave #trading setup In the previous update posted on 31 July 2023 we correctly forecasted an upcoming … Read more
ES: Staring A New Leg Down As Expected
$ES #ES-mini futures #trading setup #Elliott Wave #Bearish Reversal Last Friday I shared this path that expected a pullback and … Read more
NQ: Looks Having Topped in a Tricky Exoanding Triangle Structure
$NQ #NQ-mini #Elliott Wave #trading setup This volatile overlapping whipsaw still looks like a tricky Expanding Triangle structure, a pullback … Read more
$ES: Rallied as Expected to Complete the Right Shoulder of the Bearish Head and Shoulders Pattern
$ES #ES-mini #trading setup #Elliott Wave In the previous update I explained that “almost every bearish reversal is shaped as … Read more
$ES: Topped in the Red Box as Expected. What is the Macro Target for This Drop?
#ES $ES #trading setup #trading futures #Elliott Wave #day trading #swing trading Yesterday I warned you about upcoming top and … Read more
$NQ #NQ-mini #trading futures #trading setup #Elliott Wave NQ-mini keeps working on a corrective a-b-c up structure we correctly predicted … Read more
$ES: The Rally Started off the Green Box. It is Approaching the Red Target Box
$ES #ES-mini #trading setup #ElliottWaves ES-mini keeps following the micro bullish path I shared with you yesterday: This is how … Read more
$ES: Until Bears Violate this Level Bulls May Push ES-mini One More Push Higher
$ES #ES-mini futures #trading setup #Elliott Wave That strong bounce created uncertainty as to whether ES made a major top. … Read more
$NQ: Bears Get a Setup for A Large Leg Down
$NQ #NQ-mini #trading futures #trading setup #Elliott Wave In Sunday update we correctly predicted a bullish bounce: Overnight NQ tested … Read more
$NQ: Working on a Bullish Bounce As We Expected
$NQ #NQ-mini futures #trading setup #Elliott Wave In the previous update we correctly predicted an upcoming bullish bounce: This morning … Read more
S&P: Macro Weekend Update: Bears Have A lot of Work To Do
$SPX #ES-mini #Elliott Wave #trading setup Off the May 2023 low ES-mini produced a clean five wave up structure. That … Read more
$NQ: Expect A Bullish Bounce
$NQ #NQ-mini futures #trading setup #Elliott Wave Most likely NQ will make a lower low and test the Green Box … Read more
NQ: Approaching the First Micro Support
$NQ #NQ-mini futures #trading setup Note that NQ may find support slightly under 15,430 because resistance of the double top … Read more
$NQ: Looks Having Topped in a Rally Off the April’22 Low
$NQ #NQ-mini #trading futures #trading setup #Elliott Wave I can count five waves up off the late April 2023 lows … Read more
$ES: Turned Down As Expected
$ES #ES-mini futures #trading setup #Elliott Wave In my previous update posted on Wednesday I explained why I thought ES-mini … Read more
ES: Hit The Target 2. The Major Top May Be Done
$ES #ES-mini #trading setup #Elliott Wave We have discussed the target at 4,595 for several weeks: see my reports: “ES: … Read more
ES: Keeps Climbing Towards the Target 2 = 4,595
$ES #ES-mini #trading setup #Elliott Wave In my update posted on Monday July 10th I shared this direct path leading … Read more
S&P 500 – Two Multi-Year Paths Leading to 5,700
$SPX #macro #weekly #weekend This macro update will be discussing very long term scenarios. In particular , the main subject … Read more
$ES: Hit the Target 1. Can It Stretch Higher to the Target 2?
$ES #ES-mini #trading setup In my yesterday update I shared two main resistance levels: That -a-b-c- up structure has two … Read more
$ES: Two Potential Micro Paths to the Top
$ES #ES-mini futures #trading setup #Elliott Wave At this point I can outline two high probability wave counts (or scenarios), … Read more
$ES: Bulls Keep Pushing Towards the Target at 4,600
$ES #ES-mini futures #trading setup #Elliott Wave In my update posted on Monday July 10 I shared this direct path … Read more
ES and NQ: Promising Setups for Day Traders
$ES $NQ #ES-mini #NQ-mini #trading setup #Elliott Wave Let’s start this update from ES-mini Daily chart: Bears tried to push … Read more
ES: Bulls Still Have Good Chances to Make One More Push Higher
$ES #ES-mini #trading setup #Elliott Wave Bulls have a setup to produce another push higher. I can outline two alternative … Read more
ES: Bulls Remain In Control
$ES #ES-mini futures #trading setup Today I will update two bullish counts shared in my previous update posted on June … Read more
ES: Two Paths to 4,600
$ES-mini #trading setup #Elliott Wave #weekend update In this update I will explain two wave counts that have been helping … Read more
ES: Keeps Following the Bullish Path
$ES #ES-mini #trading setup #Elliott Wave ES-mini futures keep grinding higher following the bullish path I shared on Tuesday: This … Read more
$ES: Bulls Defended Support and Opened a Door for a Rally
$ES #ES-mini #trading setup #Elliott Wave In my yesterday update I noted that the ES-mini futures could rally to 4,460 … Read more
ES: Two Paths to 4,460 Resistance
$ES #ES-mini #trading setup #Elliott Wave In the previous report “Expect a Bullish Bounce” we correctly predicted a rally in … Read more
ES: Expect a Bullish Bounce
$ES #ES-mini #trading setup #Elliott Wave If we examine a micro structure of that decline we will see it is … Read more
ES: Bulls Can Play a Bounce to 4,460
$ES #ES-mini #trading setup #Elliott Wave Last week ES-mini futures hit the first green support area: I think chances are … Read more
ES: Macro Update
$ES #ES-mini #tradingsetup #Elliott Wave I consider the move up off the Oct’22 low as a corrective bounce in a … Read more
ES: Testing the Green Box
$ES #ES-mini #trading setup #Elliott Wave In the previous update we correctly predicted a flat consolidation that would test the … Read more
ES: Will This Bounce Stretch to 4,585?
$ES #ES-mini #trading setup #Elliott Wave This is how a macro bearish wave count looks like for the cash index … Read more
ES / SPX: I Would Not Buy It Until It Pulls Back
$SPX $ES #trading setup Gun to my head, but I will still tell you the structure off the Oct’22 low … Read more
ES: This Leg Up May Hit 4,460 Before A Pullback
$ES #ES-mini #trading setup Yesterday I concluded that in order to confirm the bearish count bears needed to step in … Read more
ES: Hit the Target 4,440. That is The Last Line of Bears’ Defense
$ES #ES-mii #trading setup #Elliott Wave #wyckoff #education In the previous update I shared a bullish path to 4,440. Today … Read more
NQ: Hit The Target. Has the Big Top Been Made?
$NQ #NQ-mini #trading setup #Elliott Wave #toppy On Sunday I shared bullish expectations for NQ-mini: This is how I concluded … Read more
$ES: Bulls Pushed to the 4,385 target. Can They Test 4,440 Next?
$ES #ES-mini #trading setup #Elliott Wave Yesterday I noted that a wave count of NQ-mini futures argues for another rally … Read more
NQ: Bulls Still Can Push Higher
$NQ #NQ-mini futures #trading setup #Elliott Wave #Weekend Please note that I switched from June 2023 (NQU23) to September 2023 … Read more
$ES: The Red Box for the Upcoming OPEX Week
$ES #ES-mini #weekend updated #Elliott Wave Please note that I switched to ES-mini September (ESU2023) contract from June (ESM2023) contract. The … Read more
ES: Rallying As Expected
$ES #ES_mini #trading setup #Elliott Wave Yesterday I shared a bullish setup and concluded: …”That scenario allows bulls to start … Read more
ES: That Thing Hates Straightforward Scenarios
$ES #ES-mini #trading setup Bulls keep ignoring good setups that allow them to make the final push higher to 4,340 … Read more
ES: Bulls Got another Setup for a Rally
$ES #ES-mini #trading setup #Elliott Wave Yesterday before close I posted a micro setup for an immediate rally targeting 4,320. … Read more
ES: Two Paths Leading Over 4,300
$ES #ES-mini #trading setup #Elliott Wave Yesterday I posted a bullish micro path leading higher to 4,325. This is how … Read more
ES: Bulls Got A Setup for a Push to 4,325
$ES #ES-mini #trading setup Bulls got another attractive long setup upon completion of a shallow corrective -a-b-c down structure: In … Read more
ES: Bulls Hit 4,300 As Expected. Now What’s Next?
$ES #ES-mini futures #trading setup #Elliott Wave In my previous update I shared a very bullish scenario that allowed bulls … Read more
NQ: Bulls Got A Setup for Another Push Higher
$NQ #NQ-mini #trading setup NQ keeps following the bullish path I shared in the previous update: Let’s zoom in to … Read more
ES: Bulls Have a Setup to Test 4,300
#ES $ES-mini #trading setup In my previous update I correctly predicted this rally: I concluded: …”Here bulls have a setup … Read more
NQ: Bulls Have A Setup for One More Push Higher
$NQ #NQ-mini #trading setup This rally in NQ stretched much higher than I expected. I expected the double brown line … Read more
ES: Got Rejected off 4,240 resistance and Started Consolidation As Expected
$ES #ES-mini futures #trading setup In my previous update I noted: “I think that gap up tonight that hit 4,240 … Read more
ES: Still Needs a Consolidation Before The Final Blow-off Top Move Can Start
$ES #ES-mini #trading setup ES-mini spiked to 4,240 level, the target 2 we discussed several times in May 2023 (see … Read more
Learn a Trick: How to Spot a High Probability Fake Breakout Setup
#education #VIX #ES-mini #trading setup Thank you very much to my subscribers! Your support is very important for me! I … Read more
ES: Bulls Triggered a Setup Leading to 4,300
$ES #ES-mini #trading setup #ElliottWave In my yesterday update I shared a bullish scenario leading over 4,200: I concluded my … Read more
ES: Bulls Have to Step in And Push ES Over 4,170
$ES #ES-mini #trading setup #Elliott Wave analysis (1) The Very Bullish scenario: Yesterday bulls stopped decline right at the edge … Read more
ES: Got Rejected off the Fat Supply Zone As Expected
$ES #ES-mini #trading setup In the previous update I noted: “The majority of scenarios I watch argue that ES has … Read more
ES: The Ever Elusive “One More High” Scenario is a Risky Bet
$ES #ES-mini futures The primary Less Bullish scenario allows bulls to make one more push higher to tag the target … Read more
ES: Hit the Target 1 and produced a pullback As Expected
$ES #ES-mini #trading setup Yesterday I posted several potential resistance targets: This morning ES hit the target 1 at 4,226 … Read more
ES: Hit a Fat Supply Zone
$ES #ES-mini #trading setup On May 14th I shared my Primary bullish scenario: This is how that chart looks now: … Read more
ES: Looks Having Started the Leg Up Over 4,200
$ES #ES-mini #trading setup In the previous update I outlined that primary scenario: Today bulls have made the first move … Read more
NQ: Bulls Have Completed a Structure of this Leg Up
$NQ #NQ-mini #NQ futures #trading setup Looks like bulls perfectly completed micro five wave up structure of the subwave c … Read more
ES: Calm Before The Breakout Out of the Range
$ES #ES-mini #trading setup #Month Opening Range ES has been unusually calm in a sense that it spent 95% of … Read more
NQ: At the Major Crossroads
$NQ #NQ-mini #trading setup NQ is at the major crossroads: (1) Scenario 1: Less Bullish. Bears have a setup to … Read more
ES: Bulls Have a Setup to Test 4,200
$ES #ES-mini #trading setup The volatile CPI day did not change anything. We still have two bullish setups. (1) The … Read more
ES: Bulls Have A Setup To Produce The Final Spike Over 4,200
$ES #ES-charts #trading setup #Elliott Wave Here you can see the whole five wave up move off the March 2023 … Read more
NQ: The Final Spike To The Red Box Would Be A Short Setup
$NQ #NQ-futures #trading setup #Elliott Wave analysis As you can see on the daily chart shown below, the whole move … Read more
$ES: Contraction in Volatility Should be Followed by Expansion in Volatility
$ES #ES-mini #trading-setup On Monday we got the narrowest trading range for seven trading days. The rule of thumb is … Read more
ES: The Friday Rally Stopped at the Critical Resistance 4,155.50
$ES #ES-mini #trading setup Remember, a 66.7% retracement is the strongest retracement fib you should always pay attention to. In … Read more
ES: Bulls Played the Failed Breakdown setup as Expected
$ES #ES-mini #trading setup In the Wednesday update I concluded that …”To trigger the textbook long “failed breakdown” setup first … Read more
ES: Bulls Will Get Back Into the Drivers Seat Upon Push Over 4,105
#ES $ES #ES-futures #trading setup Today we completed the Month Opening Range: The Monthly Resistance is 4,206. The Monthly Support … Read more
ES: Bulls Are in Control and Have a Path Leading to 4,220+
$ES #ES-mini #trading setup A sharp decline on Tuesday hit the lower Green Box: That drop was not something unusual. … Read more
ES: This Pullback is Setting the Stage for a Rally Over 4,200
$ES #ES-mini futures #trading setup The rule of the Elliott Wave traders club is: an a-b-c move down that stops … Read more
ES: At this a rally over 4,200 looks inevitable.
$ES #ES-mini #trading setup #Elliott Wave analysis I think we have been dealing with a large corrective pullback off the … Read more
ES: Rallied as Expected, It’s Time for Consolidation Now
$ES #ES-mini futures In the previous update “ES: Bulls Got A Chance To Start Another Rally” we correctly predicted that … Read more
ES: Bulls Got A Chance to Start Another Rally
$ES #ES-mini futures #trading setup In my Tuesday update I shared a micro short setup for another decline targeting 4,078: … Read more
ES: Hit The First Support
$ES #ES-mini futures In my Sunday update I noted: The last week produced the narrowest weekly trading range for several … Read more
ES: Two Macro Scenarios
$ES #ES-mini #trading setup I have two main counts. None of them provides me with arguments that ES can be … Read more
$ES: Contraction in Volatility Always Often Leads to Expansion in Volatility
$ES #ES-mini futures #trading setup The last week produced the narrowest weekly trading range for several months. When an extended … Read more
$ES: A Rally to 4,200 is Still On The Table
$ES #ES-mini #trading setup #Harmonic Elliott wave analysis In my previous update I noted that bulls would most likely tag … Read more
ES: Will Bulls Tag 4,200+?
$ES #ES mini futures #trading setup #Harmonic Elliott wave This is how the bullish scenario looked like in my report … Read more
ES: Both, the Macro Bullish and the Macro Bearish Scenarios Allow Bulls to Overshoot 4,200 resistance
$ES #ES-mini futures #trading setup #Harmonic Elliott Wave ES has been squeezed in between of two converging green lights: Quite … Read more
ES: Bulls Have Unfinished Business of Testing a Marco Resistance 4,223
$ES #ES-mini futures #trading setup In my previous update I argued that bulls had a setup to push up to … Read more
ES: Bulls Have A Setup for Another push higher to 4,200
$ES #ES mini #morning update Overnight bears completed a clean corrective micro wave -iv- down right at the Daily support … Read more
$ES: Approaching 4,200+ Red Box. What Will Happen After?
$ES #ES-mini futures This morning I sent out a note to share my bullish expectations for a push towards 4,200. … Read more
ES: Bulls Have a Setup to Test 4,200
$ES #ES-mini On Thursday I concluded my report: …” Therefore the result of the day is a new higher high … Read more
$ES: The Monthly Resistance Stopped the Morning Spike
$ES #ES-mini #trading setup In two previous updates (here and here) I noted: “Last week S&P completed a Monthly Opening … Read more
ES: Waiting for a Break Out of the Month Opening Range
$ES #ES-mini #trading setup In my previous update I noted that ES-mini popped to the critical resistance 4,146 and shared … Read more
ES: Popped to the Critical Resistance on Friday
$ES #ES-mini #trading setup #ES-mini futures ES closed a shortened trading session last week at the critical resistance 4,146. As … Read more
ES: The Bearish Scenario is Alive or how Structured Products Made S&P 500 index Useless
$ES #ES-mini futures #trading setup This is the bearish scenario I have been tracking: Under that scenario the critical resistance … Read more
NQ: Has the Corrective Rally Topped?
$NQ #NQ-mini #trading setup I consider the overlapping move up off the October 2022 low as a corrective (w) up, … Read more
ES: Most Likely Bears Lost this Battle but they Have the Very last Chance
$ES #ES-mini #trading setup Let’s review the bearish count and I will explain why that count can not longer be … Read more
ES: Bears Have a Setup to Turn ES Down
$ES #ES-mini futures #trading setup #wave C down Yesterday bulls hit the Red Target box under the Bullish scenario: The … Read more
ES: A Crispy Clean Diagonal Wave Count
$ES #ES-mini futures I found a really clean wave count that can be used for forecasting the next big move … Read more
ES: Loves to Make Bears Feel Pain
$ES #ES-mini futures #trading setup #slow grinding wave b up I know you are frustrated that ES refuses to follow … Read more
ES: Bears Failed To Break The Wedge
$ES #ES-mini futures #trading setup Since the market topped in Jan’22 almost every attempt to turn ES back up was … Read more
ES: Looks Having Completed a Bearish Wedge
$ES #ES-mini #trading setup ES has completed another bearish wedge that looks very similar to the bearish wedge that was … Read more
$ES: April Bullish Seasonality Makes Me Consider Alternative Bullish Scenarios
$ES #ES-mini futures The primary Bearish count is still alive: To invalidate the bearish count bulls need to push ES … Read more
ES: The Bearish Ascending Wedge Got Completed
$ES #ES-mini futures #trading setup #Elliott Wave In several previous reports I kept saying that the pullback was shaped as … Read more
ES: Roadmap for Bears for Today and Tomorrow
$ES #es-mini trading #trading setup Morning Update This is potential path for today and tomorrow: Yesterday ES could finally top … Read more
ES: Bears Have a Setup to Violate Dec’22 Low
$ES #ES-mini futures #trading setup The macro count remains unchanged. Yesterday and today bulls pushed ES deep into the Red … Read more
ES: Bounced Into Resistance in A Corrective Structure Ahead of Another Rate Hike
$ES #ES-mini futures #trading setup Today bulls got excited by anemic behavior of bears and push ES deep into the … Read more
ES: Bulls Have Not Completed a Corrective Bounce Yet
$ES #ES-mini futures #trading setup The macro picture has not changed. ES-mini keeps working on a corrective bounce: As you … Read more
ES: Bounced to Critical Resistance
$ES #ES-mini futures #trading setup On Mar 13th I shared expectations for a strong short covering rally: I pointed to … Read more
ES: Made a Vicious Short Covering Rally as We Predicted
$ES #ES mini futures #tradig setup #short covering rally #short squeeze On March 13th I issued a report called “ES: … Read more
ES This Consolidation May Get Completed Without Making a Higher High
$ES #ES mini futures We can count that messy consolidation as a symmetrical triangle: A symmetrical triangle is a consolidation … Read more
ES: Keeps Working on a Corrective -a-b-c- up Bounce As We Expected
$ES #ES mini futures #trading setup On March 13 we correctly predicted a corrective bounce. On March 14 we correctly … Read more
ES: That Drop to the Demand Zone looks Corrective
$ES #trading-setup Yesterday I shared this scenario: This how it played out: Bears produced an a-b-c down corrective looking structure … Read more
$ES: The Expected Corrective Bounce Has Started
$ES #ES mini futures #trading setup In the previous update I shared my expectation for a strong corrective bounce. This … Read more
ES: Time Comes for a Vicious Short Covering Rally
$ES #macro #ES-mini futures #trading setup This morning ES has tagged 100% extension of the first leg down labelled -a- … Read more
ES: Every New Push Down Will Get Scarier
$ES #triple three #five wave down In this weekend report we will discuss the big picture including targets for that … Read more
$NQ: Review of Two Paths for This Decline
$NQ #NQ-mini futures #Macro update This is our macro bearish wave count: Note that it finally dropped under the pink … Read more
$NQ: Setting Up for a Drop
$NQ #NQ-mini futures #trading setup #i down ii up setup Let’s look at a macro structure of the decline off … Read more
$ES: Has Started A New Leg Down As We Expected
$ES #ES-mini futures #trading setup In the previous update posted yesterday I concluded: “That is a decent short setup for … Read more
ES: The Corrective Rally Seems Having Topped
$ES #ES-mini futures #trading setup #Expanding Flat The relentless short covering rally seems having stopped today. Before I show you … Read more
$ES: The Rally Did Not Change My Bearish Outlook
$ES #ES-mini futures #trading setup #Expanding Flat Last Wednesday I shared a bullish short-term scenario that argued for a corrective … Read more
ES: We Got a Corrective Rally as Expected
$ES #ES-mini futures #trading setup #Running Flat Yesterday I shared expectations for a bounce off the green target box. This … Read more
ES: One More Pullback Could Be A Great Short Opportunity
$ES #ES-mini futures #tarding setup ES continues to leak lower. The most bearish count expects for accelerated decline in subwave … Read more
$ES: The First Three Days of March Will Bring Back Heightened Volatility
$ES #ES-mini futures #trading setup ES-mini continues to consolidate after a strong five wave down move that bottomed at 3,947.25 … Read more
ES & NQ: This Shallow Flat Consolidation Sets the Stage for a Sharp Drop
$ES $NQ #trading setup In my weekend update I correctly predicted an upcoming corrective pullback. Both, ES and NQ followed … Read more
ES: Get Ready For a Bounce
$ES #ES-mini futures #trading setup Under the most bearish wave count ES-mini has been leaking down off the top of … Read more
ES: Update of the Two Bearish Scenarios
$ES #ES-mini futures #trading setup Let’s start form a macro update. We assume that the large corrective subwave Y of … Read more
ES: We Can Outline Two Bearish Scenarios
$ES #ES-mini trading #trading setup As we expected, ES pushed lower under 4,000 on Wednesday. Here we can outline two … Read more
ES: Has Room For Another Push Lower
$ES #ES-mini futures #trading setup Overnight bears managed to test 4,000 level then bulls stepped in and played a pullback. … Read more
NQ: Has Room To Go Lower
$NQ #trading setup NQ keeps leaking lower confirming my bearish count that argues that NQ made a major top in … Read more
$ES: May Test 4,000 Before Starting a Bigger Pullback
$ES #trading setup On Sunday I posted a weekend update where I concluded that the bullish scenario could be proclaimed … Read more
ES: The Last Chance for Bulls
$ES #trading setup Yesterday ES mini closed a day on a bullish note. It finally broke out over 4,150. This … Read more
ES: Bulls Prevailed
$ES #macro #trading setup #breakout In the previous update we outlined two scenarios. The bullish one seems having prevailed: On … Read more
ES: At The Major Crossroad
$ES #trading setup As long as bulls hold ES-mini futures over support 4,100 this bullish path will be a feasible … Read more
ES: Failure of Bears is the Best Gift for Bulls
$ES #macro #tradig setup #failure In my weekend update I shared a bullish scenario and noted: “If bears fail to … Read more
NQ: Bears Failed on Sunday Night
$NQ #macro #trading setup Last week we discussed a bullish alternative scenario. So far bulls stopped decline right at the … Read more
ES-mini: The Primary Bearish Count in Details
$ES #macro #weekend #trading setup In this update we will review in details our primary bearish count and discuss a … Read more
NQ: Broke Under Important Support
$NQ #macro #breakdown #trading setup In my previous update I repeated several times that bulls would remain in control until … Read more
ES: Bears Need to Break Under Support to Confirm Completion of This Rally
$ES #Macro #Double Three #one more high Under the bearish micro scenario ES-mini has topped. But bears need to confirm … Read more
Both, NQ and SMH Can Push Higher
$NQ $SMH #Macro #trading setup As long as bulls hold NQ-mini over support 12,455 they will remain in control and … Read more
ES: Macro Update: Very Limited Upside is Left
$ES #Macro #trading setup #Expanding Triangle The macro view has not changed: There are two micro scenarios on the table. … Read more
NQ: Bulls Have Room for One More Push Higher
$NQ #trading setup Bulls can push NQ-mini to a new higher high to set up a bull trap and make … Read more
ES: the Direction of the Intra Month Trend Will be Defined Within the Next 96 Hours
$ES #Monthly Opening Range The first three trading days of each month sets so called Month Opening Range. The highest … Read more
ES: The Weekend Update
$ES #Weekend #Macro #trading setup #Double Three I count the move up off the Oct’22 low as a large corrective … Read more
ES: Can Bulls Push Higher One More Time?
$ES #micro Yesterday I explained the (w)-(x)-(y) corrective structure of the pullback that started in Oct 2022. Today I will … Read more
ES: Bulls Have Not Tagged the Red Box Yet
$ES #macro #trading setup In my previous update I shared a path for a rally from 4,075 to 4,250. In … Read more
ES: A Spike Down on FOMC Will be a Long Opportunity
$ES #es-mini futures #trading setup The big idea behind the bullish expectations is that to complete the corrective (w) up, … Read more
NQ: Two Possible Paths for a FOMC Day
$NQ #macro #trading setup Tomorrow we have a very strong catalyst for the market, first FOMC will announce its decision … Read more
NQ: Dropped as Expected and Hit The Support
$NQ #Macro In the previous update we correctly predicted a move down. We noted that bears had a setup to … Read more
SPX: This Repeating Fractal Argues the Correction is Not Over
$SPX #MACRO #forceast #fractal analysis Nothing is new under the sun. Over the weekend I scrolled back through the last … Read more
NQ: Bears Have A Setup for a Move Down
$NQ #macro #trading setup #Double Three The move up off the October 2022 low looks corrective and hit an important … Read more
ES: The Tricky Path Higher
$ES #micro #macro #trading plan #trading setup #es-mini This is how the big picture looks like: Bulls are trying to … Read more
ES: Bulls Finally Look Ready for the Breakout
$ES #trading setup The morning drop set a bears’ trap and now bulls can play a breakout over that red … Read more
ES: Bulls Failed Again and That Makes Me Doubt Their Prospects
$ES #macro #trading setup In my yesterday update I shared my doubts about considering the extremely bullish action on Friday-Monday … Read more
S&P: Has it Broken Out?
$ES $SPX #Macro Many analysts claimed that S&P broke over the trend line that connected several previous tops yesterday. As … Read more
ES: Intraday Update
$ES #intraday micro update #trading setup I consider that a-b-c- up consolidation off the low made yesterday as a corrective … Read more
$ES: Upcoming Test of a Monthly Support
$ES #trading strategy #Month Opening Range This is a great example of how mighty the Month Opening Range strategy is. … Read more
ES: So Far Bulls Failed to Breakout
$ES #macro #trading setup For several weeks we have been watching that Red Target box that could stop the rally … Read more
ES: Bulls Got A Strong Argument in Favor of Potential Breakout
$ES #Macro In addition to our primary bearish scenario we have to consider two alternative mid term bullish counts: Note … Read more
NQ: Macro Update
$NQ #macro #daily #trading setup There are two macro wave counts I can identify here. Let’s start from my primary … Read more
ES: In the Red Target Box
$ES #trading setup Bulls pumped up the market into the Red Target box based on expectation sthat CPI data will … Read more
ES: Topped in a Corrective Bounce
$ES #macro Yesterday ES-mini futures finally completed the rally as we expected: ES tested the Red Target Box yesterday in … Read more
RTY: Has Hit a Strong Resistance
$RTY #240 min #corrective a-b-c up pullback #trading setup RTY hit confluence of two fib levels and 200 MA on … Read more
ES: Macro Update: I Continue to Expect a Trip to 3,600
$ES #Macro #trading setup This is the straightforward very bearish count that was widely adopted by the market in Dec … Read more
RTY: Should Re-test the Double Bottom Made in 2022
$RTY #macro #daily #trading setup I consider the decline off the November’22 high as a subwave (a) of the final … Read more
ES: To Start A New Decline Bears Need to Invalidate a Bullish Setup
$ES #trading setup #i up – ii down setup Yesterday we got the final spike up making a slighly lower … Read more
ES: Bulls Will Get a Chance After Test of 3,700-3,600 Support
$ES #ES-mini futures #trading setup ES continues to consolidate in a 120 point range (3,920 – 3,800). That triangle shaped … Read more
ES: Looks Ready to Tank Down to 3,700
$ES #Macro #Daily #i down – ii up setup #trading setup Since ES bottomed on Dec 22nd it has been … Read more
RTY: Macro Update and Potential Path for 1Q 2023
$RTY #Macro #Daily #W-X-Y correction #trading setup On a daily chart of RTY-mini futures shown below you can see the … Read more
Crude Oil: Breakout in Crude Would Provide Support for the Market
$CL #Crude Oil #Macro analysis #Daily #trading setup Cycle analysts noted that Crude oil normally leads the equity market by … Read more
ES: The Macro Count is Bearish
$ES #Macro #Daily #i down – ii up setup #trading setup Last week bears managed to break under support 3,945: … Read more
TSLA: Looks Attractive
$TSLA #Macro #tradingsetup A huge corrective (W)-(X)-(Y) down structure looks complete: The stock dropped to important support from September – … Read more
Natural Gas: Making a Bottom
$NG #Daily #Macro #tradingsetup On a Daily chart we can see how NG is completing a huge (A)-(B)-(C) down corrective … Read more
ES: As Always, Follows the Most Tricky Path
$ES-mini #trading setup #i down – ii up setup This is the macro picture: We are getting a corrective a-b-c … Read more
ES: Bounced As Expected
$ES #trading setup #i down – ii up setup As we expected here, here and here, the market produced a … Read more
ES: Started a Corrective Consolidation
$ES #Daily #micro #trading setup #i down- ii up short setup ES-mini futures seem having bottomed in the first a-b-c- … Read more
ES/SPX – Bears May Get a Short Setup for a 300 Point Drop
$ES $SPX #DAILY #micro #i down – ii up setup Last week I noted that SPX was approaching a fat … Read more
QQQ: A 1-2 day Bounce Would Be a Short Setup
$QQQ #micro #1 down – 2 up setup On the chart below you can see a crystal clean (a)-(b)-(c) up … Read more
S&P 500: Expect a Bounce off the November Unfilled Gap Up
$SPX #micro #wave i down – ii up S&P 500 cash index has a very clean wave count: We can … Read more
$ES: Finally Violated the Support
$ES #micro #trading setup ES-mini futures finally violated the support 3,945: It has been our target for the first move … Read more
$ORCL – A Macro Count That Confirms Bearish Bias for 2023
$ORCL #WEEKLY #2023 forecast A huge rally in $ORCL topped in November 2021: Upon completion of a five wave up … Read more
NQ: Bottomed in October with a Similar (Inversed) Pattern
$NQ #trading setup So far NQ-mini has topped in the (a)-(b)-(c) move up off the October low at a strong … Read more
ES: Triggered the “Failed Breakout” Short Setup
$ES #Daily #trading setup #macro The rally off the October low started from a huge intraday bullish reversal (see the … Read more
NQ: Bears Have a Setup to Start a Strong Decline
#NQ #Daily #Macro #Micro #trading setup We can count the decline off the top made in November 2021 as an … Read more
ES: Bears Have Huge Advantage for Upcoming Week
$ES #short trading setup #broken bearish wedge #Month Opening Range Tomorrow we will start a volatile week packed with news … Read more
ES: Key Support to Crack is 3,992
#ES #ES-mini futures #Daily #Macro #Trading setup I count the whole structure of the decline off the top made in … Read more
NQ: Break Under 11,710 Should Trigger A Strong Decline
#NQ #Daily #Macro #Micro #trading setup My main assumption behind that bearish wave count is that (a)-(b)-(c) up pullback off … Read more
DOW: Under 33,500 This Decline Would Accelerate
#macro #DJIA #Daily #Expanding Flat I my previous bearish update I noted that “Dow played out a macro short failed … Read more
SPY: Weekly: 8FLD points to the top this coming week
#macro #weekly #cycle analysis #FLD #Hurst JM Hurst proposed using the tool called Future Line of Demarcation to identify underlying … Read more
ES-mini: Until Bears Break Under 3,940 Bulls Will Remain in Control
#ES #macro #weekend update #trading setup I count the move up off the October low as subwave C of wave … Read more
NQ-mini: Bears Need to Break Critical Support To Confirm Reversal
#nq #weeken update #macro update #daily #trading setup We can count the move up off the October 2022 low as … Read more
NQ: Dropped Into the Green Box as Expected
#trading setup Yesterday I concluded that NQ was going to drop into the Green Box even under the bullish scenario: … Read more
DOW: A Macro Short “Failed Breakout Setup”
#macro #daily #short #Expanded Flat #failed breakout #trading setup Note that Dow played out a macro short failed breakout setup. … Read more
NQ-mini: A Pullback Can Be Followed By Another Push Higher
#daily #tradingsetup #macro #micro #Harmonic Elliott Wave I count the (a)-(b)-(c) up move up off the October 2022 low as … Read more
ES-mini: Macro Update
#macro #trading setup #daily In our macro update posted yesterday, I concluded that “bulls have room for one more push … Read more
ES-mini: Macro Update: Has the Market Turned Down Yet?
#macro #daily #3-3-3 structure #bear market rally #trading setup This is the right time to zoom-out and look at the … Read more
US Dollar: A Lot of Room for Rally to Extend in 2023
#weekly #2023 #forecast #trading setup That sharp drop in $DXY (US Dollar index) we got in November 2023 is how … Read more
ES-mini: Bulls Can Push Higher Before a Bearish Reversal
#trading setup #bearish reversal #one more push higher #micro update In the Weekend update I reaffirmed my bearish expectations for … Read more
NQ: Macro Update: Looks Bearish
#trading setup #macro #daily #corrective Off the October low Nasdaq produced a wek (a) up, (b) down, (c) up bounce … Read more
ES: Weekend Update
#weekend #toppying #threewavepullback #trading #tradingsetup ES-mini futures is about to top in a corrective three wave up rally off the … Read more
NQ: Bears Have a Setup for 6% Decline
The Bearish Daily count argues that the (a)-(b)-(c) up bounce off the October low got completed and bears have a … Read more
Dow-mini: Bears Need to Break Under 33,500 to Start a Big Move Down
An FLD (or future line of demarcation) is an instrument suggested by J.M.Hurst. In essence its just High, Low, Close … Read more
RTY-mini: Looks Having Topped
THE WEEKEND MACRO REPORT Off the Top made in Nov’21 RTY has been following a large corrective structure called “3-3-3” … Read more
NQ-mini: A Macro Bearish Setup
The rally off the October low has a clean (a) – (b) -(c) up corrective structure: NQ spiked to 50% … Read more
Russell Looks Having Topped
We can count the rally off the Sep 22 low as a Triple Three corrective structure: The Triple Three is … Read more
Crude Oil: That is a Perfect Bullish Setup
Crude Oil has completed a long -i- up, -ii- down setup for a new rally: Note it looks like an … Read more
NQ-mini: This Spike Completes a Corrective (a)-(b)-(c) up Structure
The morning a release of a better than expected PPI data triggered a spike up in NQ-mini: NQ spiked to … Read more
ES-mini: This Spike Completes a Corrective (a)-(b)-(c) up Structure
The morning spike triggered by better than expected PPI data pushed ES-mini higher: That rally may tag 4,060sh or even … Read more
New Video: “A New and Better Harmonic Elliott Wave theory trading strategy”
I have just published a recording of my live presentation at on-line “Friendsgiving 2022 Conference” that held today on Nov … Read more
Dow Jones: The Bear Market Rally Looks Completed
We can count five micro waves behind that rally off the October low: I count that five wave up rally … Read more
ES: Weekend Update: Two Scenarios to Complete that Bear Market Rally
I still believe this rally is a corrective three wave bounce in wave B up. Below I will share with … Read more
ES-mini: The Most Tricky Expanding Triangle Structure
The most tricky corrective pattern is the Expanding Triangle. It’s barely possible to identify it until the very last moment … Read more
TSLA: It Could Make a Major Bottom
I can make a case that TSLA made a major bottom: Even if we get a corrective A-B-C up bounce, … Read more
ES-mini: Macro Update
FOMC, CPI and NFP days normally bring crazy volatility. Sometimes unexpected data triggers very strong directional moves. Today was not … Read more
Crude Oil: May Be Setting Up for a Rally to 100+
Decline in Crude oil has tagged the Green Box, a minimum required target for subwave -c-, at a 76.4% extension … Read more
$NQ-mini: Sell Every Bounce As Long Bears Defend Resistance 11,850
Note how important that June low level became. This is exactly where bulls failed yesterday. As long as Bears hold … Read more
RTY-mini: Goes Down After Breaking Under 1,800 support
I called the previous update posted yesterday: “A Break Under 1,800 Would Trigger A 100+ Point Drop”. Today RTY dropped … Read more
DXY (USD index) Has Completed A Corrective Structure…
A triangle corrective pattern in DXY (USD index) looks having completed: Bulls have a decent setup to start pushing USD … Read more
RTY-mini: A break Under 1,800 Would Trigger a 100+ Point Drop
That November move up looks like a corrective pullback and is shaped as an ascending bearish flag: I count that … Read more
ES-mini: The Majority of Traders Continue to Expect A Huge Drop
The majority of traders who use Elliott Wave theory continues to expect ES-mini to start a very strong decline: That … Read more
ES-mini: The Weekend Macro Update
In that update I will not show you any bullish scenarios. Let me explain why: Note those three (a) up, … Read more
NQ-mini: The Weekend Macro Update
We continue to follow two bearish structures of a large pullback off the top made in November 2021: (1) the … Read more
NQ-mini: Initial Positive Reaction on NFP May Later Lead to a Breakdown
Let’s start from an alternative bullish macro scenario: As long as bulls manage to hold NQ over 10,484 they can … Read more
RTY-mini: Setting the Stage for Another Leg Down
RTY-mini has been consolidating on Thursday after the strong decline, a reaction to the bearish statements of the FED Chairman … Read more
RTY-mini: We Nailed the Top and We Almost Nailed the Turn Date
In my previous update I noted that if we apply Gann’s 45 day cycle we may expect RTY to top … Read more
ES-mini: Macro Update Before FOMC on Wednesday
I have two bearish macro scenarios on my table. (1) The Bearish Scenario 1 considers the October rally as a … Read more
RTY-mini: Looks Very Toppy and Ready for a Reversal
RTY-mini futures stretched higher overnight and tagged the upper edge of the ascending bearish looking wedge: RTY has made enough … Read more
ES-mini: My Primary Wave Count is Bearish
This A up, B down, C up consolidation that started at the end of September looks kike a corrective wave … Read more
RTY: Weekend Macro Update
Off the all time high made in Niov’21, Russell has been leaking down in a complex Double Three structure labelled … Read more
Bitcoin: Setting Up for the Final Flush to the Bottom
Bears have tested the support 18,540 (see the blue line) six or seven times. So far it has held but … Read more
RTY: Completing a Corrective Pattern off the September low
1,860 has been the target for this move up. It is the confluence of fibs: – 138.2% ext of wave … Read more
$ES-mini: Has Held Over the Support
Bad report from AMZN crushed NQ but ES-mini has held over upward sloped 200 MA on 60 min chart (see … Read more
NQ: Broke Under Support and Confirmed Completion of a Pullback
NQ-mini keeps following the bearish wave count: Under that scenario NQ completed an A up, B down, C up structure … Read more
Crude Oil: Keeps Following Our Bullish Path
Crude keeps following the bullish wave count nicely: In the previous update I pointed you to the bullish -i- up, … Read more
$DJIA: May Be Setting Up for A Big Drop
MACRO UPDATE OF @YM – E-mini Dow futures Dow futures has been following a complex corrective pattern called Double Three … Read more
$ES: Following the Bullish Path to 4,050
That bullish count shows a possible destination for this corrective A up, B down, C up structure at 4,050: The … Read more
$RTY: The Rally Has a Clean Corrective Structure
If we look at the chart below you can see a corrective Double Three structure labelled (w)-(x)-(y) up: According to … Read more
$ES-mini: The Bullish Count Lacks A Foundation for a Rally
Under the Bullish Scenario we can get a five wave up rally in wave C up. Any impulsive rally in … Read more
$TSLA: Approaching the Green Target Box
TSLA is approaching the Green Box: We should get a relatively large corrective pullback in wave B up off that … Read more
$DXY: US Dollar: Bulls have a Setup to Push Higher Again
DXY, the US Dollar index has super clean bullish micro count that argues that wave 3 up has not topped … Read more
NQ-mini: Bulls Invalidated the Bearish Count and Made our Santa’s Rally the Primary Path
The Weekend Update The previous Weekend Update outlined two scenarios, the Bearish and the Bullish ones. On Friday I updated … Read more
ES-mini: Did Friday Rally Invalidated the Bearish Scenario?
The Weekend Update Let’s review two alternative Macro Counts based on Daily charts of ES-mini futures. (1) We will start … Read more
NQ-mini: Attractive Short Setup
We have an attractive short -i- down, -ii- up setup with a tight protective stop over 11,328:
S&P 500: Macro Update: Two Bearish Scenarios
We have two alternative counts in SPX. Both are bearish. Let’s starts from the (i) Optimistic Bearish Scenario: Under the … Read more
ES-mini: Bulls Failed to Break Over Resistance But Managed to Keep the Bullish Scenario Alive
On Thursday bulls failed again to climb over 3,734. Below I show you the bearish scenario where ES is slowly … Read more
Crude Oil: Looks Ready to Break Out
Crude looks strong today and vastly outperforms equities. To confirm a bullish reversal crude has to climb over 85.57. Once … Read more
We Continue Tracking Two Very Different Scenarios for ES-mini here
Let’s review the bearish wave count first: Off the low labelled (a) down we got an a-b-c move up labelled … Read more
NQ: MACRO UPDATE: We still have to consider two very different paths.
Let’s start from reviewing the Bearish Path: Under that count the -a- up, -b- down, -c- up whipsaw that has … Read more
ES-mini: Rallied As Expected and Hit the Red Target Box
As we expected yesterday, bulls pushed ES overnight and hit our target at 3,745. Let’s first review our Bearish scenario: … Read more
ES-mini: Produced a Strong Bounce, What Comes Next?
In my weekend update I correctly predicted a bullish bounce: Under that bearish wave count I expected to get an … Read more
Crude Oil: Testing the Green Box
Crude Oil drew a bullish descending wedge over the period from June to September 2022: Crude broke out of that … Read more
Silver: Started a Flat Consolidation to Be Followed by The Final Flush
Silver seems having started a corrective flat a-b-c up consolidation in subwave (b) up of wave (v) down: That is … Read more
ES-mini: The Weekend Update: My Green Box is Located 200 points Lower
The Weekend Update Let me share two important inputs that we should take into consideration before we start working on … Read more
ES-mini: Bulls Violated the Critical Resistance
To confirm completion of the rally, bears need to push ES back under the June low = 3,655.75: In contrast, … Read more
S&P 500:
Played the Bounce
We Predicted
Yesterday I posted that scenario for S&P 500 cash index: I noted that “the Very bearish Daily count allows bulls … Read more
$ES-mini: This Rally Completed a Corrective Bounce
In my previous updates I expected another push higher in subwave c up. We got that rally but only after … Read more
RTY-mini: the Short-Squeeze Rally Does Not Change the Bearish Count
RTY still holds inside the yellow box for a corrective consolidation: I count that rally as subwave c of a … Read more
NQ-mini: The Target for This Drop is 10,000 – 9,800
In mid September we got a shallow a-b-c up bounce in subwave -b- up followed by another drop (see the … Read more
ES-mini Broke Under Strong Support
A tight consolidation in ES-mini was followed by a strong drop caused by CPI release at 8-30 AM EST on … Read more
$SPX: Even The Very Bearish Count Allows Bulls Another Dead Cat Bounce
Quite often ES-mini (futures that are traded overnight) and the original S&P 500 index (calculated only during regular trading hours) … Read more
RTY-mini: Bears Have a Setup to Drive it Down to New Lows
RTY has a clean bearish wave count: Bears can drive RTY down 1,652 – 1,600 in subwave c of wave … Read more
Silver: Can Drop 20% To Approach My Target
No change in the bearish Harmonic Elliott wave count of silver. During July – October 2022 silver produced a flat … Read more
$ES-mini: Trading Plan A and Plan B for Wednesday
In the evening update I noted that ES may bounce before breaking down under 3,571. This morning we got a … Read more
$ES-mini:
Will We Get Another Bounce
Before the Breakdown?
We still have two main scenarios on the table. I still favor the bearish scenario arguing for a breakdown under … Read more
NQ-mini:
I expect a corrective bounce
before the next big leg down begins
The five wave down structure off the high made last Friday looks having completed: As long as bulls hold NQ … Read more
ES-mini:
The Primary Bearish Scenario
Argues for a Breakdown
Let’s first start from reviewing the Bullish low probability scenario. As long as bulls hold ES over 3,571: (i) the … Read more
RTY-mini:
I expect another slide down
this week
I expect RTY-mini futures to break under Sep’22 lows in an a-b-c down structure (with a shallow pullback in subwave … Read more
NQ-mini:
The Morning Bounce
Looks Like
a Short Setup
This is how the primary bearish scenario looks like: We may be dealing with a corrective pullback digesting sharp decline … Read more
NQ-mini:
To Kill the Bullish Macro Scenario
Bears Need to Make
A New Lower Low of 2022 year
The Weekend Update Let’s start from a primary MACRO Bearish Scenario for NQ-mini: Under the Macro Bearish count in NQ, … Read more
ES-mini:
How Bulls Can Save
the Bullish “Santa’s Rally” scenario
The Weekend Macro Update. Every weekend I outline most probable macro scenarios, potential paths for upcoming months. In this update … Read more
ES-mini:
A breakdown confirms
that a corrective pullback topped
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
Continues to Outperform
As Expected
Crude Oil broke out of a bullish ascending wedge: I expect a corrective -a-b-c- down pullback in wave -ii- down … Read more
ES-mini:
Dropped on NFP release,
is testing a critical support
This morning Non-farm payroll data release caused spike down in futures. ES-mini dropped deeper into the Green Box: ES has … Read more
ES-mini:
Dropped to the Green Box
As Expected
This is the ES-mini 120 min chart with expected path I posted in my evening update yesterday: The expectation was … Read more
RTY-mini:
To Complete A Pullback
We Need One Push Higher
I consider that move up a corrective bounce in wave X up: You can compare two charts above and see … Read more
ES-mini: Declined as Expected,
Found Support at the Green Box
As we predicted on Wednesday evening, ES-mini turned down and declined overnight. On Thursday morning bulls tried to start a … Read more
ES-mini:
My Preferred Scenario
My primary scenario is that ES is in a corrective wave X up: The first argument i favor of that … Read more
GDX: This Rally
Has Room to Go Higher
Yesterday I posted a macro chart that argued that gold miners ETF GDX made a lasting bottom: In the macro … Read more
$ES: Bears Failed to Start
A Big Decline:
What’s Next?
To keep alive the bearish setup under the completed Expanding Triangle scenario bears had to keep ES at all times … Read more
Crude Oil:
A Corrective a-b-c Pullback
Would Be a Long Setup
Crude Oil still holds inside the bullish looking descending wedge: That move up into the upper egde of that wedge … Read more
Bitcoin: Bears sit
on an Attractive
Short Setup
On Tuesday, 4 October 2022, Bitcoin managed to make a higher high and by doing that it met minimum requirement … Read more
NQ-mini: Bears Triggered
A Failed Breakout
Short Trading Setup
NQ completed a corrective Expanding Triangle on Tuesday: The “Expanding Triangle” pattern is widely known as “Megaphone” or Broadening Formation/Consolidation. … Read more
GDX: An Attractive Macro
Long Setup
We can count a huge (A) up, (B) down, (C) up move off the lows of 2016 as a completed … Read more
ES-mini: The Rally Hit
the Red Target Box
This morning I shared a wave count that considered the rally in ES-mini as the final subwave e of a … Read more
Bitcoin is About to Complete
a Corrective Pullback
In the previous macro update we noted that Bitcoin needed to drop lower to complete a macro corrective structure. On … Read more
RTY: That Rally
Looks Like
A Corrective Pullback
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
ES-mini: A Corrective
“Megaphone” Pattern
When price goes up in a straight-line without pullbacks that is a sign it is driven by forced liquidations of … Read more
RTY: Macro Update:
this bounce should stretch to 1,800
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
Gold Looks
Having Bottomed
Last week GLD dropped into the Green Target box and then turned up strongly: Looking at 30 min chart we … Read more
Natural Gas:
Still Has a Bullish Setup
Despite a Drop
Despite a great looking long trading setup NG dropped to a lower low today. However, its too rearly to discard … Read more
Crude Oil:
A Gorgeous Long Setup
As we noted several times in September, bulls have a gorgeous long setup in crude oil: Bulls are ready to … Read more
ES-mini: Weekend Update:
Three Macro Scenarios
All Point Up
I traditionally update macro scenarios on weekends. The main assumption of all three macro scenarios I will review before is … Read more
One More Drop Needed
for a Macro Bottom
in Bitcoin
We can count three large waves behind the rally off the low made in December 2019: That (A)-(B)-(C) move up … Read more
USD Index hit the target,
I expect a quick pullback
DXY (USD index) hit my target for wave 3 of (C) of (3), the strongest part of any five wave … Read more
ES-mini: has a bullish
micro i up, ii down setup
Every wave -c- even in a corrective a-b-c structure follows a five wav structure. Therefore, a five wave up rally … Read more
ES-mini:
two probable paths
I am watching
Under the micro bullish path the drop on Thursday, September 29th was a corrective wave b down to be followed … Read more
Natural Gas
has an attractive
macro long setup
December 2022 contract sits at the Green Target box, a support that should stop this decline. It has a very … Read more
RTY-mini:
the market
is about to turn up
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: MACRO UPDATE: A VERY BEARISH VS A VERY BULLISH SCENARIOS
ES-mini made a new low of the 2022 year and it starts looking very oversold. Let’s discuss two main macro … Read more
I expect ES-mini to test 3,600 level before it reverses up and starts a bigger bounce
This morning we got another a-b-c up pullback that can be counted as a micro wave iv up to be … Read more
ES-mini is about to make a new lower low of 2022
I expect bears to violate the June 2022 low made at 3,655.75 and hit the Green Target box If then … Read more
RTY Weekend Update
Let’s start from a very bearish “consensus” scenario: Under that count RTY follows the most common simple (A) down, (B) … Read more
USD index has hit the target and can play a quick pullback
25 September 2022 DXY (USD index) hit a textbook target for a micro wave 3 of (C) of (3) up … Read more
ES-mini: The Weekend Update, 24 Sep 2022
I consider S&P 500 made a major top in January 2022. Specifically, it completed a huge five wave up fractal … Read more
ES-mini retested the June 2022 lows
On Friday, September 2022 ES-mini dropped to the June 2022 low. I count that decline as a corrective Double Three … Read more
ES-3-20-19
ES – O Brother, Where Art Thou? I think it’s a good time to zoom-out and understand where ES is … Read more