Oct 26, 2025

Update

The obvious is to count this as another wave up fifth wave most likely ending diagonal the first two charts... I think it is something else like January-February this year - it does not matter the outcome will be the same.

It looks like ending diagonal... but it could be the usual double zig-zag
Ending diagonal is the final wave, no mater the count a-b-c or extended fifth wave like this and other variations of an impulse.


The cash index looks like choppy double zig-zag. This huge bar and vertical decline is usually 3/c wave completed pattern which will explain the following move taking so long. It fits better with the RSI broken trend line and divergences plus cycles. It is the same like early this year - pattern high was not the price high, which does not cancel the correction.
If you apply the above to cycles th


Bitcoin great looking 40w cycle... the logical path and target for 4y cycle low.
More about bitcoin cycles - https://www.youtube.com/watch?v=J0hzGfLLKSg

11 comments:

  1. krasi, 6850! instant gap up 2nd time. does your count still works?

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    Replies
    1. Look at RSI - https://invst.ly/1cxh7a
      Is this strength? Is the double divergence not a double divergence? Is the broken trend line tested or what?
      What do you think if it works or not?

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    2. can the RSI breakup the trend? do you track the volume of this move? is it high? I read article that say high, but I look at chart it say normal average not high. can you share what u see?

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    3. and rate cut on wed fomc, cant the RSI rocket into highs and break the trend?

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    4. This is an end not beginning - FOMC is sell the news event.

      I do not follow volume. I do not see an edge using it. There is some volume indicators which are interesting.
      For example - https://stockcharts.com/sc3/ui/?s=%21ITVMSPX&p=D&yr=4&mn=0&dy=0&id=p72202293911
      Not great momentum....

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  2. What now after the agriment with china, more and more upside

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    Replies
    1. For the record sell the news to the stupid sheeple.....

      Delete
  3. I have to close the Short today, it's go out of my channel

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