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?
Double zigzag
The Dollar/Euro Double Zigzag
The US Dollar Index has been retracing an impulse that completed on October 3rd. The expected guideline retracement is the price territory of the previous fourth wave wave, which is almost exactly a Fibonacci 38.2% retracement. Wave 2 appears to be taking the form of a double zigzag that, when complete, will result in a third wave rally for the dollar. A Double Zigzag for … [Read more...] about The Dollar/Euro Double Zigzag
Bitcoin Bearish Micro 3 Count Invalidates
The Bitcoin Micro 3 chart invalidated today on several exchanges. This allows me to adjust the next interaction of the count. A double zigzag was the old count and this new labeling has changed to a single zigzag that is simple and clean. BTC Bearish Micro Count Invalidated by BossWizard on TradingView.com … [Read more...] about Bitcoin Bearish Micro 3 Count Invalidates
