https://el834862649....inhoff-snh-jse/
Price is constrained between support and upper channel boundary. The indicators favor the breakout into the Minor 3rd but without a reason to do so it can also flatline into a fade.
Posted 25 May 2022 - 02:01 PM
https://el834862649....inhoff-snh-jse/
Price is constrained between support and upper channel boundary. The indicators favor the breakout into the Minor 3rd but without a reason to do so it can also flatline into a fade.
Posted 25 May 2022 - 01:56 PM
Richemont, CFR, JSE
https://el834862649....hemont-cfr-jse/
The corrective Cycle has made rapid progress and has good prospects of a bounce here. The target for completion of the correction remains at [4].
Rights, Freedoms, Going, Going..
Edited by Snippit, 25 May 2022 - 01:57 PM.
Posted 23 May 2022 - 03:04 PM
https://el834862649....esources-index/
The daily chart is given an alternate count which is more aware of alternation. The Primary wave [3] now has a transition to extension with the 1st half being an expanding leading diagonal with wave (3) being smallest. So now there is scant impediment to a bullish continuation.
All Rights and Freedoms are Disapearing For Ever via Bribery & Corruption
Have Your Say – Dear South Africa
Posted 19 May 2022 - 02:10 PM
USD/ZAR
https://el834862649.....com/usd-zar-2/
The chart of 13th Dec 2021 (below) indicates why the Cycle marker is placed as it is. The projection for [C] employs equal legs.
The WHO’s Orwellian Pandemic Treaty
Edited by Snippit, 19 May 2022 - 02:11 PM.
Posted 11 May 2022 - 06:37 PM
https://el834862649....ss.com/usd-dxy/
This weekly view of DXY sees a high probability turning point here.
Posted 10 May 2022 - 12:19 PM
JSE – Satrix Resources Index
https://el834862649....esources-index/
Two charts here, a weekly and a daily. First the weekly where the previous weekly RSI should have been given more weight along with the location of the end of the lower order 4th wave. See more further below..
10th May 2022Next chart is the daily. We have (4) = 1.62 (2) and a divergence of the RSI which is in oversold space. Then an exact alignment with the end of the lower order 4th wave throws itself into the mix. But can the market Gods overpower these omens and prevent the trend change? Place your bets.
10th May 2022
Posted 09 May 2022 - 09:18 AM
Steinhoff – SNH, JSE
https://el834862649....inhoff-snh-jse/
The hourly chart shows perspective for this attempt to reverse the trend. A smaller channel supports the breakout pattern. The 1-2 addresses the 0.618 retrace ratio. An upward move from here is indicated. A higher high with reduced RSI response will encourage.
Fast, Simple Explanation of the Ukraine-Russia Engagement
Edited by Snippit, 09 May 2022 - 09:18 AM.
Posted 28 April 2022 - 08:24 PM
https://el834862649....inhoff-snh-jse/
Returning to the daily chart the Primary wave [2] has opted for the higher degree 5-3-5 pattern. In the previous chart the expectation of the upturn caused blinkers to the ABC form of the assumed 1st Minor wave. While the RSI scrapes the lows a 3 point alignment of the price action lows occurs as the 0.618 Primary retrace is breached. The C-leg of [2] is now at a price ratio of 0.5 of the A-leg and tomorrow is the last trading day of April. A turn here is thereby indicated even stronger than before. Nonetheless this retrace is not complete until it confirms and equal legs for the pattern points to a price of 90.
How the pandemic is used to implement worldwide tyranny
Posted 05 April 2022 - 08:35 PM
https://el834862649....inhoff-snh-jse/
The hourly chart indicates the probable completion of Minor wave 2.
Posted 04 April 2022 - 03:40 PM
Posted 30 March 2022 - 10:39 AM
https://el834862649....esources-index/
The extension of Intermediate wave (3) put in a sterling performance before succumbing to a sharp correction wave (4). The location of the top of Primary wave [3] can be 2.62 of [1] from [2]. Then if [4] = [2] we will be back where we are.
Posted 27 March 2022 - 07:38 AM
https://el834862649....lliton-bhp-jse/
This consolidated assessment trashes quite a bit of the previous nonsense but finishes as previously expected and still has some way to go.
The UK Online Safety Bill – An Act of Betrayal
Posted 16 March 2022 - 03:26 PM
https://el834862649....aspers-npn-jse/
Naspers has been in a Cycle degree correction for just over a year. This process has produced a 3rd or C-wave that is 0.62 of the 1st or A-wave. The retrace is also close to the 0.62 ratio of the first Cycle and it has achieved a divergence with the RSI in very oversold territory. These indications point to a turn into the 3rd Cycle coming quite soon.
And I thought I had until today to post this prediction, but this is a market in need - hence the carnivorous greed. Grrrrrr...
Posted 03 March 2022 - 12:15 PM
Exxaro Resources – JSE
https://el834862649....-resources-jse/
As with most resources-related listed companies we see that the Primary 3rd wave involves extensions. This daily chart displays the rush of blood caused initially by the sudden and urgent need for coal in the evidently mismanaged states of the EU, and then the anticipated added demand by sanctions that have been piled upon Russia in an unprecedented act of nuclear-degree economic war. If the bankster fraternity want to annihilate their golden goose then they must see an even bigger one that they are going to replace it with. I think we should all be very afraid, but I doubt that anyone very much is.
Edited by Snippit, 03 March 2022 - 12:16 PM.
Posted 22 February 2022 - 08:38 PM
https://el834862649....ces-index-j258/
The daily chart for the J258 resources index arrives at equal legs for the 5-3-5 extended Intermediate wave (3). Despite the extension format of wave (3) it is very close to being price equal to (1) but slightly larger. This enables (5) to be any size even if (3) ends here which the divergence of the RSI is also suggesting.
Posted 10 February 2022 - 11:32 AM
https://el834862649..../brent-oil-usd/
Looks like primary wave [1] concludes with an expanding ending diagonal. An unusual pattern for an unusual market.
The Saga Charts – update 5th Feb 2022
Posted 09 February 2022 - 09:36 PM
https://el834862649....esources-index/
Intermediate wave (3) of Primary wave [3] has extended and will probably require some persuasion to produce the expected complex wave (4). Some lingering uncertainty about the future wellbeing of economies will fit the bill quite nicely. Then it will be off to the races once again until the same lingering uncertainty happens yet again but on a larger, Primary wave [4] scale.
Posted 04 February 2022 - 11:31 AM
https://el834862649....ess.com/sp-500/
This monthly take on Cycle V puts a typical correction into perspective.
Posted 31 January 2022 - 09:19 PM
MTN, JSE
https://el834862649.....com/mtn-jse-2/
MTN rushes to the conclusion of Primary wave [1]. A round number would be magnetic.
Edited by Snippit, 31 January 2022 - 09:21 PM.
Posted 11 January 2022 - 11:29 AM
China A50
https://el834862649.....com/china-a50/
This weekly analysis observes the commencement of the extension of Primary wave [3] of Cycle III. Scroll down for the daily chart.
The daily chart sees Minor wave 1 as a leading diagonal and Minor wave 2 in the turning zone.
The Defender – Djokovic’s Battle
Edited by Snippit, 11 January 2022 - 11:31 AM.