Analysis Method: Fibonacci & Wave Theory
Please see previous analyses for further information.
This is a continuation of the SP500 analysis that was started July, 2018.
SPY has completed a 5 Wave Super-Cycle (143 years) and is now in a correction phase.
An 'Irregular Correction' is when the B Wave exceeds the Terminal 5th Wave.
It is my opinion, the Private Federal Reserve is running out of monetary 'ammo'. The private bank can no longer raise interest rates and is now being forced to cut rates in an objectively 'good economy'.
All gains can directly be correlated to the Private Federal Reserve's monetary injections.
The Hedge: Cryptocurrency
Analysis Method: Wave Theory & Fibonacci
143 Year Super-Cycle:
Wave Theory Rule: 2/3 Impulse Waves will near equality
Irregular Correction are most often observed after a Wave Cycle with a Double Extension
Waves 3 & 5 both extended.
Will update.
FMW
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I believe we are seeing the end of the 'B Wave'.Ghi chú
Extending Wave 1 (Hourly)Ghi chú
$2829 is a key level...Ghi chú
If $2829 breaks look to $2768...Ghi chú
If 2829 holds, look for a correction sequence.Ghi chú
Based on the price-action, it looks like we will break 2829.Ghi chú
Flat Corrections usually terminate around 100% & 123.6% Level respectively...Ghi chú
Above: Daily ChartGhi chú
Above: 3 Minute Wave CountGhi chú
Above: Sub-Micro SequenceGhi chú
Sub-Micro Retrace LevelsGhi chú
Double Flat CorrectionGhi chú
No real support here unless the Private Fed can pump...Ghi chú
New Wave Sequence should be forming now...Ghi chú
Could be another big down day...We will find out soon...
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Watch the futures...Ghi chú
Headline: STOCKS SURGE ON BETS CENTRAL BANKS TAKE ACTIONto fight a biological virus...
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Price-action is Trapped in the 'Ending Diagonal'Ghi chú
(Bloomberg) -- U.S. stocks surged as investors gained confidence that stewards of the world’s largest economies would act in concert to offset any impact from the spreading coronavirus.Ghi chú
The S&P 500 jumped more than 3%, the most in a year, after news that Group of Seven finance ministers and central bankers will hold a teleconference Tuesday to discuss how to respond to the outbreak. Tech shares led gains after seven straight days of declines for the benchmark index, with monetary policy makers from Japan to England joining the Federal Reserve in promising to take action to support their economies if needed.Ghi chú
In other words...'Lets Accelerate the Destruction of Value in our Currency'Ghi chú
While Interest Rates plummet...Ghi chú
Should be beginning a new wave sequence down...Ghi chú
We are about to drop...Ghi chú
Target: $303-$301Ghi chú
If $301 breaks look to $298...Ghi chú
We should be turning extremely hard....Ghi chú
Looking for a Minor Wave 3 to begin...Ghi chú
We got the turn I was looking for...Ghi chú
$3,031 is a Key Level.Ghi chú
If $3,031 breaks look to...Ghi chú
$3,012Ghi chú
Then $2098.50Ghi chú
*Correction $2928Ghi chú
5 Minute Count (Above)Ghi chú
Moving Averages:EMA 33 Green
EMA 50 Yellow
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EMA 300 RedGhi chú
Estimate Micro-Wave 3 Target Area: $2980-$2928.50Timeframe: <7 Hours
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Fed Suicide Watch...Interest Rates going to Zero...
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Fed credibility gone...Ghi chú
Going to create new Hourly thread.Ghi chú
Should be picking up momentum to the downside...Ghi chú
Immediate Target: $2984.25 - $2923.75Bài đăng liên quan
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Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.