To be short and concise, I've changed my mind about the crypto market. What I thought was a 4th wave at primary degree has, in my new opinion, failed. Since we are failing to get impulsive price action off of the low, I now believe that the count needs to change. I am changing it in favor of a primary wave 1 count at the high and instead of a primary wave 4, BTC is finishing a … [Read more...] about Exclusive Bitcoin Update
Double Combination
S&P 500 Elliott Wave Analysis
The most probable course of action for US Stocks and the S&P 500 is to continue the stock market crash. There's no question in my mind now that the S&P 500 has printed a primary degree wave 1 back in December of 2021. Everything after that is an exercise in counting a moderately deep second wave. So far, I have the probable count as being a double zigzag for wave 2. It … [Read more...] about S&P 500 Elliott Wave Analysis
Bitcoin Elliott Wave Update
All opinions expressed in this update are my own. None of the statements contained in this update constitute financial advice. The most probable action for Bitcoin is that it is continuing to carve out a double three combination pattern for a macro wave 4. BTC is in the Y wave of that double combination. In the shorter term perspective, it appears that BTC has completed a … [Read more...] about Bitcoin Elliott Wave Update