Cocoa pulled back for a test of 6.90 which is also a 50% Fibonacci retracement of the 2017-2024 uptrend. This level proved to be a strong long0term uptrend support for a retest of a third Elliott Wave peak 11.760 and extension higher in the fifth wave if we get a […]
Cocoa to target new high after the recent pullback Read More »
DJIA is pulling back to test the upside rising wedge important support 39400. This should hold for an extension higher in the final short-term and long-term fifth wave. Big uptrend extension resistance is 41000 and a wedge resistance 41600. This should be a fifth-wave extension and an invalidation will come
Is the DJIA long-term bull market over now? Read More »
META is pulling back to test the upside channel support 440 level. This should hold for an extension higher in the final short-term and long-term fifth wave. The next big resistance is 524. This should be a fifth-wave extension and an invalidation will come upon a break below 460. Learn
Is META sell now? Read More »
Russell2000 is in the process of breaking above the 2130. This should confirm a break for the fifth extension higher to 3000. The next big resistance is 2200. This should be a fifth-wave extension. Learn to Trade Indices profitably. MENTORING WITH FUNDED ACCOUNT The Weekly Russell2000 chart reveals a
Russell2000 is breaking the long-term bullish flag Read More »
AMZN is heading for a test of 200 which is a strong resistance for a continuation higher. A confirmed break above this resistance will lead to a continuation higher in the fifth wave to 240. The next resistance is 220. Learn to Trade Stocks profitably. MENTORING WITH FUNDED ACCOUNT
AMZN breakout upside above the previous high Read More »
