Sneaky B wave triangle in the nasdaq means major downside in C wave into year end. Gonna be a really bad Xmas again ! nasdaq/spx could retrace entire rally and then some from dec 2018
Nasdaq/spx/dow is setting up a C wave rally. More volatility ahead before the end of the larger 4th wave.
Triangle consolidation targets $19
Here is another confirmation for the coming crypto winter. Clear 5 waves down for the start of Wave C down. Some back and forth here to finish the 5th wave and then a wave 2 retrace. Litecoin will trade below $15 within 12 months. Buyer Beware!
Gold is sporting a diamand/ pennant consolidation pattern which means more upside next week. Gold 1600 incoming.
Ethereum as already started its C wave down with a clear 5 waves down. In the short term it should bottom here and do a wave 2 retracement. I think its front running a btc decline thats setting up around the end of the month (see my btc post). Crypto mkt is setting up for a final washout C wave. Stay nimble and frosty !
Bitcoin is sporting a classic ending triangle ABCDE to complete its B wave. Watch for a fast move down end of this month / early sept to confirm start of C wave down.
NQ C wave drop is next to around qqq 170+- as we get closer to the end of this long 4th wave correction that started 70 plus weeks ago.
Another triangle = another C wave rally. Silver should rally to the $18.3 area shortly.
B wave traingle almost complete, next should be C wave to 17.2+- before another consolidation for run to 18+
Wave 2 almost complete. Wave 3 to 3250+- is next.
Gold is sporting a classic running correction pattern. Once this pause is over expect more upside to $1560 area.
Vix sporting another ending diagonal therefore a stock market correction is around the corner.
Gold is almost finished with its b wave and is ready for a powerful impulse c wave up to (1850+-), possible new ATH, to complete its intermediate term B wave. Gold could come very close to the price of Bitcoin sometime in the next 6-7 months.
Wave 2 is complete and wave 3 down has started with a leading diagonol. Confirmation is eventual breakdown below $7500.
Once the downtrend line breaks, ethereum should start its B wave retracement to higher levels. Cryptos should retrace much of 2018's losses in 2019.
Eth is in the C leg of a irregular flat where the b wave make a higher high than wave 5. It should bounce soon (from lower levels) to complete the 4th wave of c, then continue on down below $50 into 2019 to finish the flat wave correction.