GBPUSD ~ 1.39A deep fall is followed by a legitimate correction
The impulse has gone down, so according to Elliott the corrective zigzag ABC will go upward
C = A
Phoenixgruppe
BTCUSDT ~ $38kAfter a deep fall, Bitcoin continues its correction on positive market sentiment
The correction is in the form of ABC zigzag where A=C
Next reversal level $38
USDRUB ~ 118After strong strengthening, the ruble again went looking for a bottom, which it does not have. At the moment of the high, near the top, the Central Bank of Erafia introduced a spread of about 30 rubles, so the top should be considered ~ 158
Taking into account that the correction started with an impulse, according to the Wave Theory this is only the first part of the zigzag called A.
The nearest reversal level is ~ 103
Strong reversal range ~ 114-118.
Bombardier ~ 160-180After a multi-year downtrend, Bombardier is headed for a correction, in the form of an ABZ zigzag pattern
In a positive development, the target is in the range of 160 to 180
AliBaba ~ $140After dropping 80% where all the bubbles deflate! Alibaba on the not so good news from China is moving in a correction upwards in the form of an ABZ zigzag. First available target is 140. Whether there will be a continuation of the move - we will consider after reaching the target
Boeing ~ $300-$320Boeing is slowly recovering after an 80% plum. The correction is taking place in the form of double zigzag WXY. Correction target = $300-$320 range
SPX ~ 5800 Possible VariantAfter the covid monetary policy, and helicopter money handouts, the cycle of tightening and rate hikes to fight inflation began. At this point, there is already talk that it is time to lower the rate, although let's be honest - inflation has not gone anywhere, and continues to grow. In this case, we will get a secondary inflation already structural, which again will have to be flooded with free money.
Apparently it is obvious only to me that it does not work and Mr. Powell is making the same mistakes that were made by all Fed chairmen before him:
Paul Volcker 1979 - 1987
Alan Greenspan 1987 - 2006
Ben Bernanke 2006 - 2014
Janet Yellen 2014 - 2018
In this situation, which will happen again with a 95% probability - The SPX index has the option of developing a diagonal triangle, which in Wave Theory has a form called a Ending Diagonal.
BTC Local View Correction $28k - $27kAfter a strong impulse of 30% / $7000.
Bitcoin gradually declines in a zigzag-like correction
Targets $28k - FWB:27K
SPX 150 Years! Hypercycle is Over?5 Wave ~4800-5000
Possibly Ending SPX Hypercycle
A long search for the DIP awaits us $-)
EURUSD Parity? No! Dipper $-)The euro continues to fall, the EU economy is increasingly depressed
A little more and we can see 1.5 Euros for a dollar
It will be great for USA
USOIL 5 Wave Can Reach ~$100USOIL
A pattern of a series of zigzags is forming in the global picture, which suggests another final downward impulse in wave C
SOLUSD $400 Soon or HigherEnding wave of correction 2
Next, we expect growth in wave 3
First targets $380-$400 or higher
Reversal USOILThe end of the subwave B in the wave Y in the complex WXY
If the market goes in a zigzag, it means that there is a correction in the market
If the market moves in impulse, it means that the market is falling
RTSI - Long Triangle Of DeathEnd of subwave C in wave B in triangle
The triangle of death is gradually ending - which will reset the economy of the Russian Federation
Hurrah Comrades!
RTSI - Long Triangle Of Death - UpdateStart subwave D in wave B in triangle
The triangle of death is gradually ending - which will reset the economy of the Russian Federation
Hurrah Comrades!
