258 replies to this topic

[Snippit]

S&P 500 Futures Index

This monthly chart indicates the prospective completion of Supercycle (III) with Primary [5] of Cycle V = 2 x [1] and a very significant divergence with the RSI in support. Alternation of the same order corrective patterns obtains.

https://el834862649....m/sp-500-index/

 

 

 

But that's not all, the daily chart is also at the link page and it does not disagree..

 

 

 

 

[Snippit]

Swiss 120, SMI

The Swiss 120 chart is a good representative of where most major players are positioned within my interpretation of the Elliott view of the order of things. The chart shows that Super Cycle 5 is active, Cycle 1 is completed and Cycle 2 needs more time to confirm if it has completed. We can speculate on this Cycle 2 question using educated guesswork. All Elliott projections are educated guesswork. This is a serious challenge to most new comers.

There is quite a lot to learn. But it is not all that difficult.

https://el834862649..../swiss-120-smi/

[Snippit]

US Dollar Index - DXY

 

The bear trend corrective has symmetry of form and also with the calendar.

 

 

https://el834862649....llar-index-dxy/

 

 

 

 

[Snippit]

Dow Industrial Index

 

 

 

dicite mihi de historia

 

 

 

 

 

[Snippit]

US Dollar Index, DXY

Irresistible weakness creates the patterns of 3 for a recount that delivers a definitive Primary wave [A] completion. Even with the assistance of a prominent divergence there is only this flagging uphill battle for the [B] so far.

 

 

 

 

[Snippit]

Nasdaq100

The Nasdaq100 is at the prospective location of the top of Cycle 3. 

The last Tech bubble peaked at the top of Cycle 1.

The form of Cycle 4 is highly probable to have alternation with Cycle 2.

https://wavecount.bl.../nasdaq100.html

 

 

 

potentia absoluta corrumpit absolute

 

 

 

[Snippit]

US Dollar Index, DXY

DXY enters Intermediate ( B ) of Primary [C]. Correlation with spot gold XAU/USD is seen to be generally and usually inverse with periods of inattentiveness. 

https://wavecount.bl...-index-dxy.html

 

 

recta verum flecti

 

 

[Snippit]

Silver (spot) XAG/USD

But this looks more likely.

https://wavecount.bl...pot-xagusd.html

 

 

 

obedire imperatori

 

[Snippit]

Silver (spot) XAG/USD

Looks straight forward to me.

https://wavecount.bl...pot-xagusd.html

 

 

 

vultus ante vos

 

 

[Snippit]

JSE, Resources Index, J258

The JSE Resources index arrives at a prospective target.

https://jsecharts.bl...index-j258.html

 

 

 

et non biberent vinum

[Snippit]

Bitcoin, BTC/USD

Update - 3rd August:

The bull trend take for Bitcoin is reflected here against the USD.

It describes the development of Primary wave [3] as being mid-wave within Intermediate wave (3). However, the achievement of adequate clearance above Primary [1] for the accommodation of Primary [4] appears to remain a long way off.  

https://wavecount.bl...oin-btcgbp.html

 

 

ut ut ut iustitia

 

Edited by Snippit, 03 August 2020 - 10:05 AM.

[Snippit]

US Dollar Index, DXY

The previous chart is given a longer term perspective:

https://wavecount.bl...-index-dxy.html

 

 

 

 

[Snippit]

US Dollar Index, DXY

Today, it is my contention that the Dollar Index, DXY is in the Primary degree [C] leg of a Cycle degree bear, where it has put in a 5-wave Intermediate (A). Implications abound.

https://wavecount.bl...-index-dxy.html

 

 

alter alter trahere

 

 

 

 

[Snippit]

Bitcoin, BTC/GBP

The bear trend take for Bitcoin is reflected here against Sterling.

It appears to point to the next US elections for the conclusion of Cycle II. It assumes that the launch to the peak was a rapid Cycle I, which possibly overstates the order but is otherwise irrelevant. The appearance of 5-3-5 zigzags lends credence.

https://wavecount.bl...oin-btcgbp.html

 

 

tuum fatum, signatus

 

 

 

 

The Hydroxychloroquine Scandal

[Snippit]

USD/ZAR w/update

Update 22nd July:

The Rand wants to be steering towards being weaker but it has totally lost what little control it ever had over its rudder. It is simply being tossed about like a wet lettuce. Interventions by SARB have not only been unnecessary but are always going to be a futile waste whilst the local and global economy is being unnecessarily trashed every day of the week. 

 

https://jsecharts.bl.../05/usdzar.html

 

 

 

Article: Lockdown Deaths, Not Covid Deaths

 

[Snippit]

S&P 500 Chart

Update 17th July:

The chart matures into a more classical work of manipulation.

 

https://wavecount.bl...-500-chart.html

 

 

citius adulterantes

 

 

 

My numbering:

 

 

Article: Lockdown Deaths, Not Covid Deaths

 

[Snippit]

JSE, Satrix Nasdaq 100 tracker STXNDQ

The Satrix STXNDQ is a Rand based ETF that tracks the Nasdaq 100 index. Here the daily chart can be compared with a weekly chart of the actual (USD) index.

This count expects the arrival of Primary [3] of Cycle V.

https://jsecharts.bl...ker-stxndq.html

 

 

 

timent trepidum in

 

[Snippit]

JSE, Satrix Resources ETF

This monthly view of the Satrix Resources index projects from the Cycle turn point.

It points to a typical target for Primary [3].

https://jsecharts.bl...ources-etf.html

 

 

pones sedem balteus

 

 

 

[Snippit]

USD/ZAR

The target was hiding in plain view.

https://jsecharts.bl.../05/usdzar.html

 

 

 

mirabilius ficta

 

 

[Snippit]

S&P 500 Chart

The overwrought "rally" is configured for dual purpose but designed for something specific.

https://wavecount.bl...-500-chart.html

 

 

vos es sententia veternum

 

 

The purpose of sharing this is to encourage broader interest with the application of the Elliott Wave theory. 

The standard version of the theory applies.