SPX500 waiting for 15% +/- drop..9/May/24SPX500 Wave 4 ( Red Circled) is an expanding flat wave pattern, where wave (B)( blue) could reach 5530 +/- before losing 15.98% +/-
Xyz3dtrading
US10 yield is "far" from long term "peak". 9/May/24US10Y > 8% what happen for those house/ car mortgage? What happen to #gold when big player have "guaranteed" in bank deposits? What happen to "healthy" bank's "stock"?..
Gold long @ 2298 +/-. TP @ 2380 +/-. 8/May/24Hello Traders, It has been more than 5 months from my last posted ideas. How do you do? Let Enjoy Gold Roller Coaster Ride!
Why Gold need to retrace to 2050+/-? 8/May/24 Gold need to "retrace" to 2050 +/- ( monthly order block PLUS ++ Bcos wave (c) Red have 3,3,3,.. wave structure . So it's an expanding ending diagonal wave structure!
Topglove TP @ 4.80! 8/May/24Topglove just broke 233 EMA again, it has been ping-poing @ Daily @ 233 EMA (white MA line) for long enough to build "base/acculmatulation " in wave 2 (yellow) Time To fly!
SP500 probably deep pullback on early 2024. 29/Dec/23SPX probably complete wave B ( Red Circled) of triangle on early January 2024 where it could dive 20% +/-.
SP500. Is market "re-act" from FED or vice versa? 29/Dec/23SPX's chart/market is driven by Fundamentals ( FED) as most traders perceived. But I do agree with Robert Prechter and Alessio Rastani that market/ chart is driven by the "rotating cycle" of "supply/demand" rather than news/fundamentals even though I don't agree Robert Prechter with (Founder of Elliott Wave International) have been calling for major crash (which is severe than 1929) for many years
INARI start moving down toward 1.50 +/-. 4/Dec/23INARI's 1.50 +/- is confluence zone of 1) POC of volume Profile. 2) Demand Zone 3) Lower Support of Parallel line.
PohKong's price and Gold's Price. 4/Dec/23Pohkong Price still inside a big triangle while Gold already breaking ATH. But both still in "ranging market" in next 2,3years.
Gold near major resistance @ 2150-2160. 4/Dec/23XAUUSD's price need to break 2031.05 , which is wave (iv)(red) to confirmed muti months peak @ 2144.64 or else price could reach 2160 +/- on New York Session.
Gold, Don't "fall in love" with its 2080 +/- again. 4/Dec/23XAUUSD currently forming a "unfinished" long tail daily and "finished" long tail 4 hour "scary" pin bar for "Gold's Bull Chaser"! BUT, but.. the "Red Bull" probably only "exhausted" on New York Session @ 2150-2160 +/-. (Detail on next lower time frame chart )
Gold. Why we should trade "bigger pic"?! 2/Dec/23XAUUSD. Elliott wave concept which is based on fractal "nature repeating pattern" theory. AND pattern "need our bared" eye "staring at screen".. Zooming in until " the tiniest spot". So..So,, We have better, bigger "vision" on Bigger Time Frame Chart! E.g yearly, Monthly Chart! As we have limitation to "Zooming" into 1hours or even1 minute chert with our "bared eye"! So who said cant't predict long term?! It's "more consistent" to predict on long term chart than short term chart!
Gold. swing trade setup. Why long @ 2000 +/-XAUUSD's 2000 is confluence zone of 1) Major Trend line 2) Order Block 3) Breaker Block.
Gold's almost there near 2070 +/-. 30/Nov/23XAUUSD's wave 3 (yellow) probably reached. P/s it's suggested to "Long Only" as we only knew the "finite" swing low but not the "infinite" swing high on "any uptrend" and vice versa.
Malaysia's Technology Index still in bearish triangle. 30/Nov/23It's better to wait for technology index to drop @ 38 +/- ONLY consider to buy your Malaysia Favourite stoks e.g : Inari, DNEX etc..
SP500 finally hit 4578! are u "excited"?! 30/Nov/23SP500 will break All Time High ( 4820.40) ?! by 2024? ..((FED'S BARKIN: TALKING ABOUT RATE CUTS IS PREMATURE.)). Let see what "geometry and of price" told us in next 2,3 months ahead.
Gold probably start "retracing" @ 2060 +/-. 29/Nov/23XAUUSD We are still in wave 3 (yellow) where its price probably end at 2060 +/-.
USD probably "bottomed" @ 102 +/-. 29/Nov/23Dollar Index aka DXY currently on wave III (blue) before a pullback toward wave IV (blue) before final leg down on wave V (blue) @ 102 +/-.
Tesla probably "peaked" @ 250 +/-. 28/Nov/23Tesla still completing wave c (green Circled) at 250+/- which is last leg of running flat pattern in wave B (yellow circled), before a "crash" of 26.8 % toward 183 +/-
Apple waiting to "take profit"? 28/Nov/23AAPL probably just completed wave B ( Red Circled) which is an expanding flat (A)(B)(C) (Blue). So probably a -20.02% "crash" toward 148 +/-
JTIASA. Palm Oil Related Stocks. 28/Nov/?23JTIASA, which business involved mostly on palm oil, just completed wave 2 ( Red Circled ) as a base for rally.
Gold. where to long for 2040 +/-. 27/Nov/23XAUUSD Asia Monday breakout which formed order block /breaker block at 2004 +/- as good zone for long toward 2040 +/-
Gold's price is squeezing into 2065 +/-. 27/Nov/23XAUUSD. Beware of major reversal when its price getting tightened toward major resistance/ liquidity zone @ 2065 +/- as its price probably forming an ending diagonal pattern /structure.
