Aug 23, 2025

Quick update

If you look at DJ/NYSE/SPXEW you will see this pattern - the usual w-x-y with very clear subwaves. This translated in intermediate term is shown below - for now assuming b-wave correction of the rally from April.
Weekly cycles - I think we saw the 20w low next is 40w high already one week longer than the average and next is 40w low November/December.

Alternate patterns
Impulse with fifth wave ending diagonal
Expanded flat running c-wave to MA200 and 20w cycle low, RSI looks more like this not like ED.

3 comments:

  1. Thanks, do you think Russell 2000 has bull flag that the flag is 2 years?

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    Replies
    1. There is no bull flag 4 years later after the previous high it is time for next important high - it is that simple... anything else is fantasy and wishful thinking

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  2. I see the dexy in a very nice channel , monthly chart, can you don't you think it was the 5 wave

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