Jul 28, 2025
Quick update
Right on schedule the pattern should be completed this week at week 34 for the 40w high(average 32-36 weeks), market breadth is on sell with divergences.
This is important top I think at least 40w high and there is probability this is the 4y cycle high.
Small waves 4/5 are possible to complete perfect impulse c/Y and the whole pattern.
I will not be surprised to see zig-zag like this and 4y cycle high.... too much euphoria, M-pattern topping process for 8 months, divergences - enough ingredients for important top.
Most EW guys see ED from the 2020 low... it just does not look like ED too weak second wave too long and strong third wave. If there is one more 40w high and ED it is rather this:
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What about the NDX?
ReplyDeleteMaybe this - https://invst.ly/1bnu1n
DeleteFinal blow off on nasdaq after Meta and Msft. All the bullish traders now cornered having bought right at the top. Beginning of drop in progress! Great call Krasi!
ReplyDeleteThe last small waves 4-5 are completed right on schedule now it is getting interesting.
DeleteWhat a nice day
ReplyDeleteWhat the pattern of it goes to 6900-7000 first?
ReplyDeleteFrom the April low impulse is running an this is iv/3 or 4
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