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?
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S&P 500 Futures Bullish Invalidation
The S&P 500 index gapped open today and in the process invalidated a zigzag correction. Probability now greatly favors that the structure is the beginnings of an extended impulsive decline to fresh new lows for the cycle. Bear in mind, this is a futures chart. The purple line is a contract break, while it appears that wave 2 exceeded the start of wave 1 in the now invalid C … [Read more...] about S&P 500 Futures Bullish Invalidation
Gold: The Long Term Entry of the Year
Those that follow me know I’ve been touting Gold for a hot minute, the count has slightly changed a few times but all roads lead to the same outcome. A three wave corrective wave 2 retracement before a rocket explodes off the pad. That’s exactly what we are seeing here with gold. It was a long patient wait, but the moment finally arrived. Gold is bullish. Gold has begun a third … [Read more...] about Gold: The Long Term Entry of the Year
