sciencei

sciencei Updated 

It should be imminently clear what the Dax is up to. Our base case is the black path. We therefore still forecast a brief spike to the downside before the rally continues. Please be aware that the orthodox top of our black count is at the (a)-label around 12,950. This basically means that an impulse to the downside does not necessarily need to mark a lower low...

sciencei Updated 

Complex Pattern - Looking to enter the flash blue trend channel for further confirmation.

sciencei Updated 

The EURUSD may have just ended its (ii) wave with a double zig zag. We would expect to see a swift followthrough to the upside in a third wave. All action should take place within the light blue trend channel.

sciencei Updated 

The EURCHF is approaching interesting levels in an interesting manner. It approaches trend line resistance of the downside trend, which started in 2007. This trend is depicted in light blue in our chart on this page and runs currently around the 1.17 level. Interestingly it seems to approach this trend in a wedge pattern. The waves within the wedge subdivide into...

sciencei Updated 

The Bitcoin is in serious trouble if it does not take out the 18,400 level. Our updated count shows a loss of momentum into the new high in our MACD and RSI indicators. Moreover we have a complete elliott wave count. The sole alternative is an extension of wave 3, which would mean that we are currently just in wave iii° of 3 instead of our black elliott wave...

sciencei Updated 

We have a similar situation in the Dow Jones as we find in the S&P 500. Any potential version of wave iv° looks too short to be complete right now. Moreover a closer look at wave ii° shows that we should expect wave iv° to be relatively shallow and complex due to alternation guidelines. We forecast an irregular flat pattern to form wave iv°. We expect the entire...

sciencei Updated 

Any potential version of wave iv° looks too short to be complete right now. Moreover a closer look at wave ii° shows that we should expect wave iv° to be relatively shallow and complex due to alternation guidelines. We therefore think the current market action is a short term bull trap. We forecast an irregular flat pattern to form wave iv°. It is not done yet.

sciencei Updated 

Etherum breaking out of triangle pattern. Expect impulsive wave to the upside. Base channel depicted in light blue broken in typical action of 3rd waves. 4th and 5th wave still missing... No evidence that 3rd wave is finihed. 161% Fibonacci relationship of wave (1) projects Wave (3) to carry at least into 900s.