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Prices completed an ending diagonal at 3233, where wave ((v)) is just above a typical .618 multiple of wave ((iii)). This implies a sharp reversal back to the origin of the pattern, which is 2923. A decline below 3120 would leave a corrective structure behind and provide initial evidence a reversal is underway.

ivoxpaco Updated 

The recoveries in most US and European stock indexes since late-March are corrective. This especially true in S&P futures and in the Down Jones Transportation Average (charts 1 and 2). The chart that stands out is NASDAQ futures, where prices climbed to a new all-time high, creating one of the broadest bearish non-confirmations of all time (chart 3). The ideal...

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Many people now see "Tesla" as the definition of a "Bubble". The same was true when Bitcoin spiked from 3k to 12k. However, was bitcoin done? No, because everyone knew "its a bubble", it meant that there is a lot more to come. In the short-term I would expect Tesla to drop from $1200 or $1300 to about $700-600. The downside target might extend a bit to say...

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First I would like to start by saying that we are looking for a major bottom in pot stocks. Corbus Pharmaceuticals is one stock in the weed sector, which is already showing signs of a lasting low in place near 3.30 and overall leading to the upside along with Aurora and Apharia. The first piece of evidence is the upside break of the descending price channel that...

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While BTC has been the dominant crypto-currency in both capitalization and percentage growth, we expect this to change in the short term, or the so-called "alt season" appears to be in its very early stages. Bitcoin's dominance registered a temporary high near 73 and we are now likely headed back towards the prior fourth-wave low of 52 (chart 1). Meanwhile, alt's...

ivoxpaco Updated 

Note: We are utilizing the Elliott Wave Principle. ETH/USD may have registered a temporary high near 251, where wave 5 equals wave 1 - a common wave relationship. This implies a corrective pullback, which would provide a buying opportunity. A key zone to watch near term is the 225 - 218 Fibonacci area. Overcoming this zone will likely then target channel support...

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The latest decline in ETHUSD was corrective, which we label wave 4. The prospect for more upside activity remains intact, however, we believe the upside is limited as prices are tracing the final leg up of a larger five-wave advance. An ideal topping zone is the 269 - 279 area, defined by where wave 5 equals wave 1 and channel resistance. Within this price range,...

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Heinken completed large degree five waves up and it is now being followed by a three-wave decline toward 52, the first downleg of which is complete. Short term, we should see a corrective rally in wave ((B)) that will set the stage for a renewed impulsive decline in wave ((C)).

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Bit has made a low, continuing its downtrend.

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Long-term bear market for Bitcoin

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Singapore has finished its wave IV of Grand Super Cycle and is on its way up for wave V. The first wave 1 is almost finished and the second wave 2 will be brief and a fast upmove for a multi-year period of time. elliottwavemarkets.com

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Twitter's decline and why

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Twitter have declined recently and here is why.

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I present two you two possible scenarios for FB stock.

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elliottwavemarkets.com

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elliottwavemarkets.com

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elliottwavemarkets.com

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elliottwavemarkets.com