bamdadsalarieh

bamdadsalarieh

Daily ES update: On the daily chart, we are in the process of a double zigzag formation from Jan. 2022 highs, with W and X currently being complete. In the Y (abc), leg (a) was completed on May 20th. Now, leg (b) of Y can be already completed (on May 31st), however, because of timing guidelines, I am considering the possibility of having a flat as wave (b). To...

bamdadsalarieh

Daily update on ES: Yesterday, I published the idea that wave X is developing as a triangle, where I expected it to break higher. Now, with the price action we saw today, I believe we are having a flat as wave X.

bamdadsalarieh

In this post, I am providing Harmonic Elliott wave analysis on CME_MINI:ES1! . On the monthly timeframe we have completed waves 1, 2, and (A) of 3. The correction from Jan. 2022 highs is (B) of 3. So far on the daily chart, we have completed wave W (as a zigzag) and we are in wave X, which is developing as a triple zigzag. The current X wave is a triangle that...

bamdadsalarieh

Hello traders, In this post, I have gone through the Harmonic Elliott Wave count on ARKK. It seems it has completed wave A of Y correction and it is now in leg B of Y. We are also at the bottom of the downward channel, with an inverse head & shoulders pattern being formed. I see ARKK going higher to 92ish area (top of the downward channel) and being rejected for...