Rykin_Capital

Rykin_Capital Updated 

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...

Rykin_Capital Updated 

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...

Rykin_Capital Updated 

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...

Rykin_Capital Updated 

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...

Rykin_Capital Updated 

We are definitely in the middle of a correction on this one and too little time and too little ground had been lost to say that SPX has reached bottom. There is still more to go, and Elliott is showing us exactly that without the need to perform security analysis. We are not in the business of getting every prediction right, no one ever does and that is not the...

Rykin_Capital Updated 

Marked with momentum reversal and completion of a multimonth upgoing zigzag, this baby is poised for a drop. I believe the reversal has already occurred not too long ago. As ever, Fibs give us off the cough targets for possible exits. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The...

Rykin_Capital Updated 

Downward B Wave triangle is heralding a downward impulse. It may be larger than expected, given this is a downgoing triangle. Normally, triangle herald a relatively weak impulse post, but let's see how low this baby can go. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are...

Rykin_Capital Updated 

We are probably at the end of this zigzag in that we are forming what appears to be a lagging diagonal. These tend to be final in a local correction, so it may be that this is the last short I will be putting on this one for a while. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci...

Rykin_Capital Updated 

A flat formation this time, or it appears to be so. Still awaiting confirmation on a downward impulse. Confirmations are another strategy we implemented to minimize risk even further and optimize picks for maximal returns. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are...

Rykin_Capital Updated 

A giant flat about to enter the final leg. We are considering multiple entry and exit points, since the absolute magnitude of the fractal temporally. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level,...

Rykin_Capital Updated 

I believe we are finishing off X Wave here, which supposes we are to start a new zigzag soon. A zigzag to the downside, because I do not see a single bit of evidence to suggest a bullish rally. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with...

Rykin_Capital Updated 

Indeed. B Wave in a zigzag form appears to be completed. We are going down to one extent to another. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line....

Rykin_Capital Updated 

Upgoing zigzag is complete coupled with divergence on momentum give a clear indication that we are to drop on this one in the very immediate future. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where...

Rykin_Capital Updated 

May be so. It is what we believe in any case. Still a fair way from a formal confirmation in a 4hr chart, but nonetheless. Globally, and this applies to the entire equity market in general, there is very little reason to believe that in the immediate future a company like Meta will start spiking to the upside. Remainder of 2022 will likely be a year of bears. We...

Rykin_Capital Updated 

One more huge pharma firm that is biting the dust. A giant flat with a C wave confirmed. No way but down on this one. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted,...

Rykin_Capital Updated 

We have completed a very harmonious, symmetrical ascending triangle on UPS. And as we know a weak impulse or a corrective pattern always follows a triangle. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation...

Rykin_Capital Updated 

Indeed. A Wave, B Wave as a condensing or constricting triangle, pivot and now just awaiting confirmation. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line....

Rykin_Capital Updated 

This small cap has been falling for many months now and it does not appear to be stopping. It's almost like it has no floor, continuously breaking goals on the downside. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red....