238 replies to this topic

[Snippit]

JSE, Impala, IMP

Update 18th Feb:

The mirror image of the fractals has evidently presented itself so to complete Minor wave 3 of Intermediate wave (5) of Primary wave [3]. 

https://jsecharts.bl...impala-imp.html

 

 

lapis qui non reversatur

[Snippit]

US Dollar Index, DXY (updated 14th Feb)

The impulsive extends as it heads for the 1.62 marker. 

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

 

 

sit

 

[Motivated]

And Snippit, I'm far from stupid but you must be friggin genius with you elliot wave..maybe I read it wrong orctry understand to quickly but hell if turned chart upside down would make sense..think I'll have Friday beer and forget charts ...oh and Motivated Good Luck !!

Thank You Midas!  Happy Friday

[Midas1]

And Snippit, I'm far from stupid but you must be friggin genius with you elliot wave..😁maybe I read it wrong orctry understand to quickly but hell if turned chart upside down would make sense..think I'll have Friday beer and forget charts ...oh and Motivated Good Luck !!

[Midas1]

Seen my butt shorting imp against the trend..my own fault, so putting dosh in bank to avoid any cfd temptation..thanks snippit, soutie IN , day trader dad and any others who helped..time to make some cash and get my life back 😁

[Snippit]

Was the above correct snippit?

 

I see a [iii] there which (as the table shows) is a Minute. The (iii) is a Minuette.

 

The Minor wave is 3 and is the active wave following 2 but not yet completed here.

Edited by Snippit, 14 February 2020 - 10:17 AM.

[Midas1]

(iii) is that your minor wave three, 14750?

Was the above correct snippit?

[Midas1]

My thinking on pgms and imp now is, yes there is a shortage palladium and rhodium but car manufacturing down hectically in china, german brand car sales down, so still shortage palladium but not quite as much demand, therefore I think sgl still running up and they say imp but I thi6the bubble could burst soon , but most people think 2020 still strong

[Snippit]

Now googled on laptop..EW, baffled here man, wheres conclusion of primary wave 1? Around 153 mark? F n baffled wheres this Sh t heading next day or 2? Understand the hat part helpppp

 

The blog version is with the correct labels for the intermediate waves which should be (3) and (4)

 

 

The blog for JSE is at https://jsecharts.blogspot.com/

[Midas1]

Thanks this has caused me no end all kinds of thinking...have a good weekend

[Snippit]

Snippit please do me a favour and tell me in layman's English where this is heading price wise in immediate future and thereafter, I've just finished work and dont have time to figure out the befuddling elliot wave before tommorrow am, I'd really appreciate it if you don't mind saying approx amount tommorrow and approximately amount next week as I'm short now and starting to worry...thank you I have piles of Elliott notes I printed before but will take me ages to work out what ya mean?? Appreciated

 

On the other hand there is almost always another view. In this case it would see this latest up leg as an abc within an ongoing wave 4 pattern, in which case there should be another down leg from here. I would deploy stops commencing just above the recent high.  

The corrective waves are notoriously difficult to trade due to being typically quite volatile and thereby difficult to predict by normal means. 

But they do make for a good exercise in lateral thinking.

[Midas1]

(iii) is that your minor wave three, 14750?

[Midas1]

Rsi looks overbought

[Midas1]

If this heading for 18450 I'm in the Sh t...is it dipping first if so to what level? Cheers

[Midas1]

Now googled on laptop..EW, baffled here man, wheres conclusion of primary wave 1? Around 153 mark? F n baffled wheres this Sh t heading next day or 2? Understand the hat part 😁 helpppp

[Midas1]

Snippit please do me a favour and tell me in layman's English where this is heading price wise in immediate future and thereafter, I've just finished work and dont have time to figure out the befuddling elliot wave before tommorrow am, I'd really appreciate it if you don't mind saying approx amount tommorrow and approximately amount next week as I'm short now and starting to worry...thank you I have piles of Elliott notes I printed before but will take me ages to work out what ya mean?? Appreciated

[Snippit]

JSE, Impala, IMP

Impala completed Intermediate wave (4) and it is therefor to be expected that it now negotiates Minor wave 3 of Intermediate wave (5) for the conclusion of Primary wave [1].

https://jsecharts.bl...impala-imp.html

 

 

custodiant te in hat

 

 

 

 

[Snippit]

From the Charts thread...

 

 

JSE, Impala completes Intermediate wave (4) 

 

https://jsecharts.bl...ala-imp_27.html

 

[Snippit]

Trinh Nguyen

@Trinhnomics

 

Daily update of #coronaviruschina

 

Rate of infection is slowing to 11% to 31,161 from 15% on 5 Feb but still compounding at a high daily rate

Rate of death is slowing to 13% from 15% to 636 dead (including the doctor) Recovered rate of 34% from 29% & so 1,540 recovered

 

 

https://wavecount.bl...viruschina.html

 

 

 

Maybe hope of winning. But reinfection is happening. This thing needs a blocker to prevent it circulating until no one left to infect. Even then its going to be heavy going. 

On the flip side - global warming will be fixed without another dollar being stolen from the poor. 

Those with heart conditions are more susceptible to not making it.

 

 

Trinh Nguyen

 

@Trinhnomics

 

 

 

Edited by Snippit, 07 February 2020 - 04:07 PM.

[Snippit]

S&P 500 Index

This weekly chart sees the reading of Primary [5] of Cycle V with Intermediate (3) concluding.

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

 

 

This daily chart looks for and finds the black swan...

 

 

quaerite et invenietis