Wavegenius | Elliott Wave/Technical Analysis Of Charts
Live Trades And Elliott Wave Analysis Of The Stock Market By Master Elliottician Ted Aguhob. Since 2001, Ted Aguhob has made some pretty mind blowing elliott wave forecasts on the stock market, (with a 1778% gain in 03-04!) and is preparing for the mainstream.
I've learned that trying to short this market now matter how bad it looks is a BAD idea..in bear markets upside reversals can be big and violent so seeing it happen here would'nt be a surprise..but those low targets of 7250 NASDAQ and 2725 SPX still look like a possibility..
TQQQ - Worst case scenario is an ABC that tests as low as 43-45 TNA - TNA may test 50 if it travels the full length of a C wave in a zigzag NUGT - 14 needs to hold or it may see 10-12 IBB - Worst case is a C wave that tests low [...]
AAPL - Worst case is a C wave that tests 167-170 on an ABC formation MSFT - Worst case is a C Wave that tests as low as 117-120 on an ABC AMD - Worst case is a C wave that tests low as 23-24 QCOM - 65 is about to break and if it [...]
FB - If FB closes below 179 a C wave would take it to as low as 167-170 AMZN - A full C wave on the current breakdown would take AMZN back to as low as 1700-1720 NFLX - A full c wave would take NFLX back to as low as 320-325 GOOGL - Worst [...]
No positions during this market nosedive and we're entering or started a C wave down today..however shorting is EXTREMELY dangerous as my last two short trades have been bad..so don't force me to short here...every time I do it it's at the lows and we get bullshit spikes that squeeze me each time..so I'm an [...]
Bitcoin in the past couple days plummeted from 8200 to 7500 in a W2 retrace but has come bouncing back hard today...8200 is resistance and has been for over a week now and we need to cross that to setup a W3...target could be min 10,500 on that breakout..
Now that we've completely broken down in the NASDAQ and S&P the setup is for a downward C wave..target for NASDAQ could be previous W4 at 7150-7250 and for SPX as low as 2725..that would be near A = C as well..
I would prefer NASDAQ break 7783 first before I'd consider an entry and hopefully it happens by the close..if not a gap up tomorrow morning would help..SPX is setting up for a W3 and we need momentum to bring it back to the intraday high...I would like to trade LYFT but without the market breaking [...]
It's not a BAD fade but it's an irritating one when you want a Wave 3 to form..a W3 in SPX would be pretty huge from here and take out new 52 week highs, so I want this thing to accelerate into the close to the upside..a reversal here would help