Introducing Silver to the BW Chart Factory. This chart only shows the smallest degree wave, but the assumption going forward is that this is the very beginning of the 3 of the 3 of the 3 of the 3. An elusive phenomenon in Elliott lore that you don't want to miss. The video quickly explains the macro structure but I'll summarize the micro structure here. You are looking at a … [Read more...] about Silver Member Exclusive
Is a Bitcoin Zigzag Complete?
Since we have counts to support that the stock market wave 2 has topped, lets entertain the idea that Bitcoins wave 2 has topped as well. Refer to the bottom pane in the Bitcoin Nano count. It sports a subminuette wave 4 triangle, a minuette wave 4 flat, and a minute wave 4 zigzag. BTC Nano Update by BossWizard on TradingView.com Lets examine a blow up of each wave. … [Read more...] about Is a Bitcoin Zigzag Complete?
What’s Up with the Nasdaq?
We are going to look at the full body of work for the tech sector. We'll start with the Nasdaq micro count 1. This Nasdaq E-mini futures chart suggests a 5 wave diagonal wave 1 completion followed by a wave 2 retracement in the form of a zigzag. Evidence supporting this count is a deep retracement of wave 1 that has already met the retracement guideline of the previous 4th … [Read more...] about What’s Up with the Nasdaq?
Elliott Left a Pot of Gold at the End of the Rainbow
After the October 6th bottom, as discussed in the discord, I've been waiting for the impulsive structure to break and give us a 3 wave retracement for wave 2. It appears that correction is now complete in the form of an expanded flat. A very common pattern following a strong impulse. Since an impulse ended on October 20th with a third wave extension, the flat pattern traced out … [Read more...] about Elliott Left a Pot of Gold at the End of the Rainbow
Most S&P 500 Elliott Wave Counts are Wrong
S&P 500 Elliott Wave analysis as of November 6th, 2023. After editing this video I found a few exclusions I failed to mention. Firstly, I incorrectly called the triangle after 1929 a contracting triangle. It is a barrier triangle, it doesn't change the count, it's just semantics. Secondly, I failed to mention that the Elliott Wave rules are idealistic. Sometimes rules break … [Read more...] about Most S&P 500 Elliott Wave Counts are Wrong