May 24, 2025

Weekly preview

Some kind of a pullback has started. It is not a surprise this should be a decline into 10w low. The logical target is the lower trend line of the channel and support(first chart) and MA50(daily) which is around 38% retracement.


TECHNICAL PICTURE and ELLIOTT WAVES
Short term - pullback running....


Intermediate term - pullback is running, when it is over we should see continuation higher into July.


Long term - zig-zag(from 2020) for y/B at 9y cycle high 2000-2007-2015-2024.


MARKET BREADTH INDICATORS
Market Breadth Indicators - turned lower.
McClellan Oscillator - below zero.
McClellan Summation Index - buy signal.
Weekly Stochastic of the Summation Index - buy signal.
Bullish Percentage - turned lower.
Percent of Stocks above MA50 - turned lower.
Advance-Decline Issues - in the middle of the range.
Fear Indicator VIX - turned higher.


HURST CYCLES
Short term cycles - this should be 10w high on schedule at week 8 and now decline into 10w low.


40w low right on schedule and now higher into 40w high.
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12 comments:

  1. AnonymousMay 24, 2025, 12:51:00 PM

    What du you think of Cruide oil ? First 45-50$ ? What about long term ?

    ReplyDelete
    Replies
    1. KrasiMay 27, 2025, 4:46:00 AM

      Probably a little bit lower before moving higher in zig-zag lower - see the chart below.

      Delete
  2. AnonymousMay 25, 2025, 1:43:00 PM

    Hello, What do you think about crude oli (long term) ? Nonolib

    ReplyDelete
    Replies
    1. KrasiMay 27, 2025, 4:45:00 AM

      I see this - https://invst.ly/1apltg
      From 2008 zig-zag lower, zig-zag higher and now in the middle of another zig-zag lower.

      Delete
  3. Lady SMay 26, 2025, 1:59:00 PM

    There is a lot of time for the RSI, new bull run

    ReplyDelete
  4. Lady SMay 27, 2025, 10:18:00 AM

    Krasi, 6000 first

    ReplyDelete
  5. AnonymousMay 27, 2025, 10:22:00 PM

    Real good pullback

    ReplyDelete
  6. Lady SMay 28, 2025, 6:14:00 AM

    And we have 3 mor days to the up cycle, look at stiv cycle

    ReplyDelete
  7. Lady SMay 28, 2025, 8:42:00 AM

    Sid say, the hurst cycle say, we have to see wave 5, he gave it on April

    ReplyDelete
  8. Lady SMay 29, 2025, 5:58:00 AM

    Krassi, they arrive again to the top of your first channel, waiting to your count

    ReplyDelete
  9. KrasiMay 29, 2025, 3:46:00 PM

    Calm down nothing changed pullback is running

    ReplyDelete
  10. Lady SMay 30, 2025, 1:34:00 PM

    I am waiting for B wave, maby this week, I hop

    ReplyDelete

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