Expanding triangle (wedge) has been forming ... this structure could be lasting several years MAJOR dips and runs on the way - ATH and big BEAR recession magically - Santa coming every Christmas and y/y returns are mostly pretty positive - most of years +10% deepest levels expecting in the mid of 2024 for a major V-recovery run to finish Biden's...
May sellers FOMO in play once returning from holidays realising summer rally massive CUP & HANDLE with target at 15510 - 0.786 FIB retrace - September rally this C&H would finish major wave2 sometimes in early October with entry to massive wave3 selloff into next year
reaching almost ATH could bring a reversal soon big daily bear Shark could drop AAPL below 90
ZIG-ZAG ABC from ATH possibly ending at current levels in a downtrend channel several major bull divergencies on larger timeframes 2008 super bull support zone
H&S would make sense in here to continue bear move in the bear market some significant signs in VIX to support this bear reversal soon AAPL bear Shark on daily - big bear sign target for the bottom triangle & short squeeze already hit ATH not likely in this rally due to economy condition & bear maket nature
influence of 23H TF bear Shark is very weak here - EW Wave2 finishing monster 2D TF bull Crab continuation on EW Wave3+Wave4+Wave5 reaching a major pivot mid at around April 12-14 BIG bear could be waiting at levels 1600-16810 - massive ZIG-ZAG drop moves from there possible (two waves 14% each + 6% retrace)
based on: math logic & harmonic patterns - massive Shark Sharks are making quick impulsive moves once running - reaching far above lows/highs current level VIP 1.618FIB LL extension timeframe - a quick move within 2 months starting soon if the Shark is valid
EW breakdown & price levels on 12345 count double top possible on 16450+
Shark pattern spotted on 2D&3D End of Elliot Wave W1 downtrend cycle from ATH - wave 5 finishing above end of wave3 - not as usual! new ATH target to 5000+ (major wave2) - 2 years bear cycle started, after 13 year bull cycle from 2008
2 impulsive moves into the close forming major DOWN on SPX W1
Bear ABCD on 1D timeframe target towards long-term vWap support at around 4385
recent Zig-Zag area could mean a UVXY bottoming & long awaited spike might be happening recent enormous volume levels for UVXY (biggest since March 2020 drop) - watch volume profile at 20 - lot of hedging in there SPX reaching ATH in very explosive move with lack of volume the possible spike could have many targets - once 20+ is broken - 45 level and...
little green DOJI raising star on 39D chart is possible sign of UVXY reversal from a massive last year downtrend first target 30+
DOJI evening star on 36 day chart - big bear sign 9 days to finish a current candle to confirm down moves possible FIB retrace levels 3160 (0.618) & 2740 (0.786) vWap resistance retrace level 3850 volume profile median level 3380
VIX is on the edge of a possible BIG rise. Massive spikes above 30 has been very rare , is it likely yet? Look at the fake-out candle for this week just finishing below a last resistance stand. Is it sign of a reject? Possibly we are forming a top for a VIX long and slow term UP channel in here.
high inflation in cards means many issues for economy 15% flat tax on e-companies in future VIX divergence developing money flow divergence developing serious COVID supply chain issues economy transformation - end of post-war cycle & life sustainability issues to be solved in a hard way raising energy - fuel/oil/gas prices - see 1973 oil crisis &...
5th wave finishing many bearish signs on various significant timeframes don't trust FED and don't be a bag holder
Wolfe Wave on 15min - sign of a massive quick drop to support a final major trend reversal a massive Bat harmonic on DAILY needs to finish divergence on H&S top on major time frames similar H&S structure to Feb/March 2000 drop BLACK SWAN? - a Russia(Belarus & Turkey) WAR against Ukraine