tag:blogger.com,1999:blog-4363707944748952823.post5776927838309949845..comments2024-03-29T13:02:13.483+01:00Comments on practical technical analysis: Weekly previewKrasihttp://www.blogger.com/profile/07425885123775585052noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-4363707944748952823.post-14935932146219850742019-10-07T14:41:43.276+02:002019-10-07T14:41:43.276+02:00Your chart is showing expanding triangle and I exp...Your chart is showing expanding triangle and I expect wave e in a triangle to be shorter and not necessarily touch the trend line especially for expanding triangle. <br />You are showing and explaining expanding triangle, shorter e wave does not make it different exactly the opposite - this is what you should expect for such pattern.<br /><br />You can continue believing in unicorns I would not try to change your mind. Your H&S did not work, the same will happen with the expanding triangle. Use indicators and other indexes for confirmation.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-18572497576051814862019-10-07T14:24:14.213+02:002019-10-07T14:24:14.213+02:00It is not an expansive triangule, it is a "ne...It is not an expansive triangule, it is a "neutral" one. I dont know how to say it in English.<br />The neutral triangule makes lows with the wave c (december 2018).<br />The wave e dont make news lows.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-4417351025301957352019-10-07T14:19:12.623+02:002019-10-07T14:19:12.623+02:00It is possible to see decline with a zig-zag next ...It is possible to see decline with a zig-zag next year, but forget about triangle. I do not believe in such huge expanding triangle... if such pattern exist at all. <br />Triangles are confirmed by RSI and it is telling different story.<br />Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-79036441259949300532019-10-07T13:05:53.300+02:002019-10-07T13:05:53.300+02:00This is the same mentioned above in cycles this 10...This is the same mentioned above in cycles this 10+8 weeks, but I think pattern and market breadth does not confirm it. Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-79020216561789439832019-10-07T12:23:47.144+02:002019-10-07T12:23:47.144+02:00https://translate.google.es/translate?hl=es&sl...https://translate.google.es/translate?hl=es&sl=auto&tl=en&u=https%3A%2F%2Fwww.labolsadepsico.com%2Fsp500-continua-el-apoyo-donde-debe%2FAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-31559494044958815012019-10-06T14:37:37.122+02:002019-10-06T14:37:37.122+02:00Some people say that 5 August was a daily cycle lo...Some people say that 5 August was a daily cycle low at SP500 and 3 October tooAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-66099359693116144122019-10-05T19:18:57.218+02:002019-10-05T19:18:57.218+02:00This will be almost perfect cycles:) We will see w...This will be almost perfect cycles:) We will see what happens, I do not think the low this week is important one and we will see more to the downside.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-83752884091815087962019-10-05T14:45:19.327+02:002019-10-05T14:45:19.327+02:00If the 15 august started the last 10 week cycle an...If the 15 august started the last 10 week cycle and the 18 september the last 5 week cycle, I think 3 october started the last 2.5 week cycle, so we must see 2-3 days bullish and then 2 last weeks for the 40 week cycle low.<br /><br />And the analysis top a top 19 september to 7-8 october for 12-13 days of the last 2.5 week cycle to complete the 10 week cycle.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-15448671730937753302019-10-05T09:15:05.394+02:002019-10-05T09:15:05.394+02:00Thanks Krasi.
I like your second option better, w...Thanks Krasi.<br /><br />I like your second option better, which puts us topping around mid-october. The A wave I calculated based off of EW ending patterns ends at around 2440 (not the Dec bottom). That means the 1.236 extension is around 3450, based on the upper trendline that will be hit around mid-October. The 1.382 extension is 3133, that is much farther in time, next year in Feb. So based off that I think the second option is better. Also TVIX hit a major resistance trendline going back several years, if we head lower now that trendline could be breached and it will be hard to see us recovering.<br /><br /><br />I think this back and forth up and down movement is basically we hit the upper trendline but not the ultimate target so the market buys time through consolidation. The pattern I'm seeing playing out now is a flat after Aug lows.The whole structure is a WXY with the flat being the Y. the b wave of the flat reached 78.6% retracement of Aug lows, which is the minimum to qualify for a flat. We can still head over a little bit of A to 3050 and still be classified as a flat. If target was greater like 3100, b wave needs to drop further down to form an expanded flat. This last c wave from Thursday low, looks to be forming an ED.Anonymousnoreply@blogger.com