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
S&P 500
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
June 7th Member Exclusive Market Update
In this update, I go over current Bitcoin price action along with a short update of the S&P 500. From a probability perspective, it appears Bitcoin is topped out again. The relationships between waves appear to be too skewed to be putting in a higher high right now. There's a lot to unpack in this video. I go over price action, Elliott Wave count, momentum analysis, and … [Read more...] about June 7th Member Exclusive Market Update