May 10, 2026
Update
The impulse playing out as expected - DJ looks like ED,NDX/SPX with normal impulse.
Pattern and cycles are in the late stages... next week should be game over.
The final impulse playing out as expected, currently in v/5.
DJ will be the ED completed....
Daily cycles late in the cycle may be a few more days.
The upper trend line has been reached with double RSI divergence on the weekly chart. Impulse or zig-zag - in both cases it is a significant high. All this four years after the previous important top.
Subscribe to:
Post Comments (Atom)
Nice but the momentum is very strong
ReplyDeleteAnd if this goes to 7700 -7800 where would that put us in the cycle? I'm not talking about a straight line. Maybe consolidate around here for awhile maybe even retest the low. But much higher before any real crash. Possible?
ReplyDeleteCycles and market breadth are pointing to different outcome.
DeleteIf last March was 18m low, where to fit 18m high ?
ReplyDeletehttps://invst.ly/1hdduy
DeleteIn that chart if last March was 18m low then January must be 18m high and 4y too
DeleteWeird how Neely, in his latest long-term chart projections, has the same ED seen as Krasi has noted on his long-term chart (last) above, but delineates the ED as a CONTINUATION PATTERN (?) versus a topping/reversal pattern as shown by Krasi. WTH?
ReplyDeleteWhat is his longer term forecast? 9k this year and 12K next year?
DeleteFor the S&P(cash), he predicts price to breakout UPWARD out of the ED @ ~8,200, and rise to ~32,000 by year 2032 or so. So not only heading for the Moon, but eventually, Mars.
DeleteDJ and DAX ready for a move higher into the end of next week?
ReplyDeleteDay 5 for the 20d cycle high so yes we should the high next week.
DeleteA daily close above Monday Low and yesterday high would support that idea
DeleteDAX is tricky. Don't like the bearish gap this morning if there should be continuation up into next week.
DeleteYes, something does not feel right... I am trying to decode the pattern, but it is a mess.
DeleteThe end of April should be 5w low and accordingly pattern low. After that it does not look like completed figure.
What is the bullish option from current levels?
Deletec-wave for a flat - https://invst.ly/1hgh2p
DeleteDoesn't look like a top of nvda is breaking out
ReplyDeleteLearn some basic technical analysis first....
DeleteI don't understand this comment. From a technical analysis standpoint we are in a bull market. Higher highs and higher lows, price above 200 day, upward trend channels, price action, oscillators are kinda neutral though. What TA are you seeing that's bearish?
DeleteA wedge with double divergence weekly chart is not a break out but exactly the opposite major top.
DeleteKrasi, it is not clear when you say higher next week .. but game over ...kindly explain?
ReplyDeleteFirst higher is for DJ/DAX and second one week compared to 17 years it does not matter.
DeleteThanks for the clarification. So the top that you expect is in time or price or both? Obviously no crystal ball here, but that is the trigger? Even i am surprised at how a narrow breadth is holding up everything.
DeleteSPX three zig-zags so far the odds are pointing to ED for v/5 - https://invst.ly/1he8zy
ReplyDeleteNDX different count the same outcome - https://invst.ly/1he95b
DJI a little bit higher will look better - https://invst.ly/1he974
All three indices reached the targets NDX and DJ as shown on the charts above SPX not an ED but still the same price target v=i/5 - https://invst.ly/1hf1k2
DeleteThe pattern I have followed is now done.....
Well crap. I guess we were wrong on the pattern cause it appears we are in a bull market and it will keep going up over the the next few years. I mean that's exactly what it's doing in front of our eyes.
DeleteGood luck!
DeleteSo, the NDX yesterday was 5 of 5?
ReplyDeleteHave you looked at the chart at all? No today is v/5
Deleteso is there a top or not?
ReplyDeleteThis is a wrong question. It does not work this way. There is possible top - it has to be confirmed.
DeleteAt 4H chart I see 5 of 5 but nvda has to give more 2%
ReplyDeleteFor confirmation we have to see lower high, lower low
ReplyDeleteRight on schedule impulse in the opposite direction..... zero "smart" comments today.
ReplyDeleteUntil it hits a new high next week.
DeleteIf your bullish this is exactly what you want to see. You need a pull back for the next leg up. Just watch.
DeleteIf you are bullish you want to see it bleeding into the 18m low in July not going vertical - now it is 100% sure it is game over.
Deletethx for your analysis Krasi. The bullish view being a slow bleed into july with an necessarily approximate and hard pin target of 6000, what is the alternate more bearish view ? Thx !
DeleteAll the way lower to the trend line around 5500 or breaking it and stopping at the next support 4800.
Deletehere is a smart comment for you - 7400 total holds and only goes up.
ReplyDelete"Smart" comments for the record... and a good laugh later
ReplyDelete