Introducing the NYSE Composite Index count. The Index is at a critical point where the alternate could measure as a completed 5 waves rather than the beginnings of an extended impulse. There are a few problems however. If it were instead counted as 5 waves, the 2 and 4 lack alternation as they are both zigzags. I have checked every index and each can also be counted as a single … [Read more...] about The NYSE Composite
Nasdaq Futures Micro Count 1 Update
One interpretation of this count is that the index futures will carve out another smaller degree second wave after finishing an extended fifth wave next week. While many indexes have confirmed bear market structure, the Nasdaq has yet to. Given how deep the expected highest degree wave will plummet, it’s highly possible it is giving the market a third extension in order to … [Read more...] about Nasdaq Futures Micro Count 1 Update
The Boss Wizard Alt Coin Index
A Boss Wizard Exclusive. The idea spawned from two sources, member DevCanyon's discussion about Bitcoin measured against alternative currencies and a reading of Elliott Wave International's Financial Forecast describing the BitWise top 10 crypto Index excluding Bitcoin. My index is slightly different. It is the top 10 alt coins measuring against Tether (USDT) on Binance. I … [Read more...] about The Boss Wizard Alt Coin Index
Bitcoin to the Moon?
For the past decade plus all the way to 2021, Bitcoin carved out a massive impulse for the ages. Starting from nothing and ending around $70,000. Alas, all good things come to an end. While their are certainly bullish cases to be made, this count is in actuality, the most bullish. Although people won't accept it for that. The count assumes a cycle degree wave 1 top around 70K … [Read more...] about Bitcoin to the Moon?
A Bear Market Rally for the Euro
A first wave decline for the Euro has completed and a bear market rally is underway. As with most second waves, I expect a zigzag advance and the first area of interest is the price territory of the previous fourth wave. I’ll set an alert when price reaches that area and we’ll re- check the structure. A Bear Market Rally for the Euro by BossWizard on TradingView.com … [Read more...] about A Bear Market Rally for the Euro