The bullish 5-0 harmonic broke down to stop loss. A bearish AB=CD harmonic is stronger, and will take price back sharply to recent lows before bullish reversal can continue.
Recent bull Dragon Xd harmonic has hit target. reversal into ABCD bear harmonic will drive price sharply lower to 91
NASDAQ:AAPL now has several bearish harmonic patterns active on 1D timeframe, expecting price to drop sharply to (A) price level ($186.63) of the ABCD as next target.
Bear 3-drives harmonic for NYSE:MPC has a .681 fib retracement price target of $94.
ABCD Ext harmonic pattern is active on MSFT 1W chart. Expect price to form an hns taking sharply lower--50%+ from current levels. See also recent idea on bearish patterns on ES1/NQ1/YM1. HNS will drive to point B, and there is a smaller ABCD bear harmonic that will drive the price to C point of the higher tf ABCD Ext pattern.
DJIA/YM1 1D timeframe has active bear ABCD harmonic pattern. may see a quick bounce to form hns, then sharp continuation lower.
The Bullish 5-0 pattern which has been at play over the last few years has finally run its course to price target at 1.272 extension. A bearish ABCD Extended pattern has formed recently, with retracement, but has reversed out of the prz and should drop rapidly to ABCD point C ~4350. This coincides with active bear deep crab harmonic on NQ1! (see prev...
On the monthly timeframe a white swan harmonic pattern is now active, heading to pt1. Recent signal in retracement to .618 then should continue upward to top of the white swan triangle with the next price targets at ~26600 and 36600 levels. This is a monthly timeframe chart, but the trend is now bullish (in bearish retracement lower timeframes) and the general...
On the monthly time frame, the Hang Seng has reversed from recent bear 5-0 harmonic which reached its target D point and a Bull butterfly harmonic pattern is now active. Typical target levels are indicated with fib measurements of the CD leg of the butterfly, with target 4 at 1.168 extension--40k anyone?
On the weekly Nasdaq 1W chart a bear deep crab harmonic pattern active. If this plays out, very volatile price action will occur ove the coming months. Deep crap price targets are measured as fib extension from the BC leg of the XABCD pattern. Note the large bull Gartley that has driven price to current levels has alraedy reached target 3 at 1.272 fib...
DXY Bull flag on weekly chart nearing test of down trendline. A breakout will target 130!
MOAT bull flag at resistance, b/o 16% pt 1month, 3mo, 6month bullish trend
Bull flag on 4h chart will carry price back to test long term downtrend line. Possible bottoming pattern.
ZB1 holding bullish trend off pitchfork median, heading upward toward 1 std dev resistance. In active bull crab harmonic on 1M tf, pt 150
aw1 3d bull gartley harmonic, coming off support, just broke downtrend line before rejection back to just above prev support. watching for another breakout higher with gartley pt at B level. This is also a large bull pennant on daily/weekly tf
IBM bull flag pt 220 (new ath) in active 3M bull gartley harmonic pattern (see earlier idea)
General motors bull flag breakout target pt 42. Currently in active 1d bull shark harmonic.
IBM BULL Gartley harmonic pattern on 1M and 3M time periods, currently nearing (C) breakout level. Jurik's PPO Percent Rank nearing end of heavy accumulation period.