Today I go over what we are looking for to find a market bottom. All signs point to the market being very close to a bottom. We need more than just a price and a hunch to let us know we have found a bottom. After we find the bottom, it must be confirmed. Then and only then is it tradeable. … [Read more...] about Member Exclusive Market Update
Double zigzag
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
Solana Elliott Wave Analysis
In this video, I start the count of Solana at the genesis of the coin. It's still unclear on the macro level count of SOL. However, I am confident in the sub-wave structure. One thing we do know, is that Solana has started it's life as an impulse wave. However, the relationship between the depicted intermediate waves 2 and 4 leave the rest of the count in question. I'm not … [Read more...] about Solana 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