250 replies to this topic

[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.

[Snippit]

USD/ZAR 

Driven further by the US Dollar weakness the Intermediate wave (4) now provides an improved picture for assuming its completion.

 

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

 

 

rursus circa

 

[Snippit]

S&P 500 Futures Index

No matter which way the S&P 500 futures chart is seen, a correction is required. The Fed will need to master the art of mass hypnosis in order to deceive everyone into seeing something otherwise.

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

 

 

latronum ubique

 

 

 

[Snippit]

USD/ZAR w/update

Taking one higher order whilst holding onto the impulsive pattern sees the progress of Primary wave [3] and the highly probable completion of Intermediate wave (4).  

 

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

 

periit libertatem

 

 

[Snippit]

USD/ZAR

Update 22nd May:

Nothing to see here. Move along and absorb your daily indoctrination like good little guinea pigs.

 

 

Confitebor princeps

 

How Fear, Groupthink Drove Unnecessary Global Lockdowns

 

 

 

[Snippit]

USD/ZAR w/update

Update 19th May:

This Rand/USD chart shows that Minor wave 4 has developed a symmetrical triangle. Now it arrives at resistance point -5- where it may bounce or breach, depending on the behavior of the US Dollar index. See: https://jsecharts.bl.../04/usdzar.html

 

 

manus tuas lava

 

 

 

[Snippit]

JSE, Anglo American, AGL

This Cycle for resources is a long term bull trend with a Primary wave [1] of  4 years duration and  Primary wave [2] or Intermediate (A) that has (so far) taken only 2 months to retrace [1] by some 60%. Having bounced energetically to a 61.8% retrace of [2] or (A) it appears that the assignment of ( B ) at the turn is with better probability.

 

https://jsecharts.bl...erican-agl.html

 

 

libertatem de pretio

 

[Snippit]

USD/ZAR w/update

Another View - 24th April:

This weekly chart looks at the bigger picture. The extent of the Rand devaluation concurs with the anticipated 3rd wave action. The assignment of Cycles I and II is made. The assignment of Primary waves within Cycle III has issue with lack of alternation between 2nd and 4th along with the 4th entering the 1st. The 4th Primary is thereby taken as a mid-3rd wave transition into extension and is labelled [3]' and [4]'. 

The pitchfork is deployed and finds a target for [3] at 2.62 of the vertical move of Primary [1] from [2] at about a month away. The [3]'-[4]' wave is mid-point of this projected Primary [3]. 

 

The recent small bounce is seen as the incomplete Minor wave 4 action where a 3rd leg to 17.77 is indicated.  

 

https://jsecharts.bl.../04/usdzar.html

 

 

pane et aqua

 

 

 

 

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.

Edited by Snippit, 27 April 2020 - 11:07 AM.

[Snippit]

WTI Crude performs by painting steps in Fibonacci ratios in order to demonstrate just how crazy things can actually be. The record low is somewhat ominous too. 

 

https://wavecount.bl...oing-cheap.html

 

 

Meum est enim regnum dei sapientia margarita