tag:blogger.com,1999:blog-4363707944748952823.post5880342764374608160..comments2024-03-29T13:26:08.246+01:00Comments on practical technical analysis: Weekly previewKrasihttp://www.blogger.com/profile/07425885123775585052noreply@blogger.comBlogger36125tag:blogger.com,1999:blog-4363707944748952823.post-88678468945650493242018-02-24T07:08:54.323+01:002018-02-24T07:08:54.323+01:00Yes Nasdaq looks like impulse... not much left iii...Yes Nasdaq looks like impulse... not much left iii of 5 is running 170 for QQQKrasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-74369524706975209562018-02-23T21:02:46.984+01:002018-02-23T21:02:46.984+01:00Now QQQ looks like impulsive 5 wave in short term?...Now QQQ looks like impulsive 5 wave in short term? How high do you expect? Thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-916453443813701142018-02-23T18:20:28.211+01:002018-02-23T18:20:28.211+01:00The problem is for example NDX shows pullback/high...The problem is for example NDX shows pullback/high/pullback/high running, but SPX/DJ are just moving lower in something like bull flag. Neither finished impulse... nor reversal... wave 4 less likely looks like wave of a different degree. It is a mess at the moment.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-31273567700462300442018-02-23T16:16:15.545+01:002018-02-23T16:16:15.545+01:00I don't think it looks like reversal, but not ...I don't think it looks like reversal, but not sure... And it tested the EMA50 low a few times... choppy pullback move?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-57503735062371334192018-02-23T16:10:26.535+01:002018-02-23T16:10:26.535+01:00Short term it looks like the small wave 4 in the f...Short term it looks like the small wave 4 in the first chart finished? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-9541302582867760882018-02-23T16:05:06.315+01:002018-02-23T16:05:06.315+01:00Thanks Krasi , we'll know soon enough..Thanks Krasi , we'll know soon enough..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-48645774096124874612018-02-23T14:55:55.586+01:002018-02-23T14:55:55.586+01:00According the alternation rule wave 2 and 4 should...According the alternation rule wave 2 and 4 should be different patterns..... I do not know how important this rule is.<br />My favorite pattern is triangle:) What ever it is we should see a few whipsaws.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-58039653725931023492018-02-23T14:18:19.577+01:002018-02-23T14:18:19.577+01:00So many options , but I like the idea of big flat....So many options , but I like the idea of big flat...providing 2754 stays intact , we drop in b of B to the sub 2600 level , then rally in c of B to test the ath or the 2800 level ...then mini crash to new lows .<br /><br />Simply prefer that option as the mkt seems intent on whipsawing the most people and that would confuse everyone . <br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-65651628242549360882018-02-23T12:38:24.721+01:002018-02-23T12:38:24.721+01:00Choppy pullback so no new information. Next week s...Choppy pullback so no new information. Next week should be up it does not look like a reversal.<br />My favorite pattern is triangle it will fit very good EW/cycles/indicators..... we will see.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-78936637589164671382018-02-23T11:07:41.522+01:002018-02-23T11:07:41.522+01:00Looking forward to your analysis or next update kr...Looking forward to your analysis or next update krasi, it all seems very confusing at the moment... and this market is toying with the ‘a-b-c of wave B of iv’ crowd :-) <br />Do you see the next short term high by end of next week? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-33127784959780213252018-02-23T10:04:19.004+01:002018-02-23T10:04:19.004+01:00Yes, short term another high looks more likely, bu...Yes, short term another high looks more likely, but I am not convinced any more that it is an impulse 4-5...<br />I do not make deep time analysis. 16 weeks is the average length for 20 week cycle and this is end of February early March. I was expecting 4-5 weeks correction and not a crash.<br />The options are shorter cycle 12 weeks less likely or wave IV is still running and it will take more time - mid March for a zig-zag, end of March for a triangle. Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-81029878668626912702018-02-23T08:34:37.552+01:002018-02-23T08:34:37.552+01:00Hello krasi!
Seems like the market wants its 4-5 ...Hello krasi! <br />Seems like the market wants its 4-5 ... are you still favoring another short term high? In terms of timing, end of february might not be the low, but things are not over yet, has your view changed? Thx and good luck! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-25394742007832557612018-02-22T18:41:56.161+01:002018-02-22T18:41:56.161+01:00I think it is something else, but the outcome shou...I think it is something else, but the outcome should be the same one more high. This up move was the easy part, confusing is what pattern is running.... so many options at the moment.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-19895008956148841442018-02-22T16:53:00.214+01:002018-02-22T16:53:00.214+01:00So short term we are in wave 4? It looks quite con...So short term we are in wave 4? It looks quite confused now... Thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-13624333010209011342018-02-22T15:30:16.275+01:002018-02-22T15:30:16.275+01:00thanks for your view. I have closed all my long DX...thanks for your view. I have closed all my long DXY trades... still fine tuning my trading styles with wave analysis... i appreciate your worksKT Wonghttps://www.blogger.com/profile/09781637272683967480noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-88547990305665338352018-02-22T10:02:14.759+01:002018-02-22T10:02:14.759+01:00It feels more like February 2007/Mai 2010/August 2...It feels more like February 2007/Mai 2010/August 2011/August 2015Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-85074774539016107522018-02-22T08:59:06.645+01:002018-02-22T08:59:06.645+01:00Now it looks better like a flat correction:)Now it looks better like a flat correction:)Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-7790122220431830222018-02-22T06:35:16.898+01:002018-02-22T06:35:16.898+01:00Hi Krasi, Does Jan-Feb2010 look familiar to this c...Hi Krasi, Does Jan-Feb2010 look familiar to this correction?John Doehttps://www.blogger.com/profile/17450188696913407859noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-49179741684642633362018-02-21T15:58:20.953+01:002018-02-21T15:58:20.953+01:00DXY flat for iv of 5... it is possible, but the cu...DXY flat for iv of 5... it is possible, but the current move up does not look like a clean impulse. I like ED more.... it is more guessing in this case and I do not expect EW to give me the magic answer. At the end in both cases there is one more low which is buy. <br />I do not try to guess tops/bottoms any more. I have converted 1/3 of my account from Euro into USD and waiting to see how the bottom plays out. Diagonals flat lower/higher low it does not matter I will use the bottoms to convert the rest of the account and that is all. <br /><br />UST10Y - First to see corrective wave 4 to be sure that we have an impulse, then you can measure wave 5. Currently if you assume impulse is running and if you take the usual Fibo measurements the target is around 3,2%. Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-65689532702602386562018-02-21T14:59:07.754+01:002018-02-21T14:59:07.754+01:00Yes, one more high looks more likely. If the move ...Yes, one more high looks more likely. If the move up turns lower now as a-b-c than I think we will see a complex correction triangle or combination.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-17651694596474119382018-02-21T14:37:38.491+01:002018-02-21T14:37:38.491+01:00HI Krasi, just want to explore another possibility...HI Krasi, just want to explore another possibility. For DXY, in your view, whats the likelihood that we are seeing a flat correction (since 3rd week of Jan)?<br /><br />For UST10Y, from what i can see is that since the 80s, every cycles (within the structural decline)would see UST10Y retrace min 50% of the previous cycle's top and bottom. If this is to stay, the min target for UST10Y is around 3.3% which i think may be used as an excuse to shake market. Can i know what you want to see first for you to consider min 3.3% as a likely target? many thanks!!! KT Wonghttps://www.blogger.com/profile/09781637272683967480noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-58967269404209469592018-02-21T14:23:07.541+01:002018-02-21T14:23:07.541+01:00Hi Krasi.... so, it appears the battle of the 2700...Hi Krasi.... so, it appears the battle of the 2700 levels might come to a conclusion today? are you still favoring the 4/5 missing on the upside versus the reversal to test the lows? what if we reverse now to the lows, does this mean the probability of actually testing the lows/making new lows is increasing then? thx again!!!<br />jdAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-70948901108615389632018-02-21T07:39:50.965+01:002018-02-21T07:39:50.965+01:00I was bearish and the USD did not disappoint:) It ...I was bearish and the USD did not disappoint:) It follows cycles and the EW pattern without surprises. <br />Now we are close to an intermediate term low and multi month move up. Short term either we saw the top or ED is running and this is wave 2 of it with 3-4-5 to follow... something around 87,50.<br />Then at least 50% retracement which is around 95.<br /><br />USGG10Y - I think there is one pullback and one more high touching 3%, but then lower to 2,5%-2,6%Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-80732384548354081482018-02-21T03:29:10.114+01:002018-02-21T03:29:10.114+01:00Hi Krasi, you have been consistently bearish on DX...Hi Krasi, you have been consistently bearish on DXY.<br />It seems to me DXY has reached the end of its first 5-wave decline, and chances are high that it is now starting to make a deeper rebound (target 95 area)- something that will be supported by breakout (3%) in USGG10Y. Appreciate if you can offer your view on this. thanks again !!!KT Wonghttps://www.blogger.com/profile/09781637272683967480noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-17377246549050832812018-02-19T14:58:11.969+01:002018-02-19T14:58:11.969+01:00Trading for living not living for trading! I love ...Trading for living not living for trading! I love it. I think that sums up the two philosophies of people. Living for money or money for living. <br /><br />Anonymousnoreply@blogger.com