JD is still strong for longI’ve been watching this company for a long time, and even have long position at the price of 65.6.
JD.com made clear impulse up by Feb 2021 after which it began to decline.
At the moment, the entire decline after ATH I can count as zigzag ABC, where B is triangle. From level 61.65 (+ reaction from 50% Fibo level) the price formed leading diagonal plus ABC correction. After that, the price bounced again and met resistance in the middle of the channel formed by the previous waves.
BTW, what is interesting - JD didn’t show us a fairly strong decline while NASDAQ index corrected well down.
So, for now I have 2 scenarios:
1. At the main scenario, I think that the price has formed wave 1 of (3) and expect further upward movement from the channel and extension of the waves.
2. But I also consider an alt. scenario in which wave (2) isn’t completed yet and price want to form wave X (as ZZ) of a double zigzag WXY. In fact, it confuses me that wave (2) ended so quickly and perhaps the price will meet good resistance at the border of the channel. I’ll watch the volumes and further price action near resistance zone (92.6 - 94.5).
Elliottwaveideas
AMZN Paths to 4K. The Three What IfsAMZN has been stuck in this choppy price action for quite sometime now, and I know we are all looking forward to that pop to $4000. Let me guide your eyes as I show you my perspective in three different scenarios which are color-coded in green, white, and red. Anything is possible with the market, so keep an open mind. This is just for education purpose only. You are responsible for whatever action you take based on this.
GBPJPY SHORT THE LAST LEG***************************************************************************************************************************************************************************************************************************************************************************************
***************************************************************************************************************************************************************************************************************************************************************************************
This Trade was planned over a year ago. GBPJPY will possibly make a final drop to complete the last leg of a triangle formation very visible on the monthly time frame. Entered on the Daily with stop at $152.20. Lets see how this plays out. Please do your own research and DO NOT take this as a financial advise.
***************************************************************************************************************************************************************************************************************************************************************************************
***************************************************************************************************************************************************************************************************************************************************************************************
DIDI expect in corrective wave W-X-YAccording to elliott wave analysis, pricing is heading to complete 1-2-3-4-5 which impulse wave C.
GBP/NZD ShortWe expect this to be the trade of the week as well as NZD/CAD. Our fundamental bias on this pair is tilted to the upside. we expect NZD strength due to the interest rate hike circle they are on. Market is expecting the RBNZ to raise rates tomorrow and our bias is negative for GBP since we expect the BOE to disappoint the market and leave rates unchanged.
NZD/CHF long positionThe RBNZ on their last meeting started the tapering program so that a bullish move for the NZD hence after tapering its rates hike. on the bigger structure the market is completing a WXY patterns that's in the same direction as the fundamental outlook. Note any correction will offer short term buys and any positive developments in the economic data should fuel the support for the NZD and put pressure on CHF
NIFTYHello and a warm welcome to this analysis on Nifty
In lower time frame Nifty appears to be in sub wave 4 which might complete between 18200-18300 and then resume another rally.
A confirmation of sub wave 4 done would be it sustaining above 18500 for an hour.
Its advisable to use the up coming resistance around the upper trend line to book profits in the coming terminal waves.
The view would be wrong if it starts breaking below 18200.
ZRX Optimistic Bullish Scenario based on Elliott WaveTechnical Analysis of ZRX based on Elliot Waves analysis.
We suppose a finalized long correction II cycle wave by February 2020
After that, we can count a leading diagonal from 0.12658 to form the wave ((1)) with a good retracement of 0.5f for wave ((2))
If BTC and the market follows the bullish uptrend we could get to te 10x easily in next primary wave.
We are probably at the beginning of the initial phase of wave 3Tomorrow (10/09/2021) we could experience the confirmation of the initial phase of wave 3, since today the price could not penetrate the zone of the lows that RHE left on September 7. This is a possible signal to enter in the purchase of the fractal major: it began with the low of August 17, in September 31 completed its first wave.
The key is that in the morning session and next sessions comfirm the floor that was created in the last Tuesday, September 7, is not broken. Its greater if the confirmation of the movement are quickly to upwards.
This idea may take until Friday, September 24 to be completed
We are probably at the beginning of the initial phase of wave 3Tomorrow (10/09/2021) we could experience the confirmation of the initial phase of wave 3, since today the price could not penetrate the zone of the lows that PETV left yesterday. This is a possible signal to enter in the purchase of the fractal major: it began with the low of August 25, in September 1 completed its first wave.
The key is in this morning session, and next sessions to comfirm that the floor that was created last Tuesday is not broken. Its greater if the confirmation of the movement are quickly upwards.
This idea may take till Friday, September 17 to be completed.
Good luck! :)
DXY price (correction wave (a))See mars 2018. The motive waves share similarity in lenght. I predict TP1: -2,69%. Wave 5 will go up a bit, near to 9.5+. I think the process will happen with quicker speed.
Elliot wave analysis, first correction 2021-06-12, wave a will start a sharp decline. First correction wave (a), may reach -2.45 or lower, at 2012-06-14 (tuesday). Prediction is based on one of the previous corrections, thus there's different angles and length for the wave (a). There's no gaurantees, other than I cloned the angles and distances, which were identified as possible from 2018-05-09 up to date. The correction doesn't appear to be deep, ADX is less than 25. Wave 5 is facing resistance, can't reach higher than 93.1.
Time to correct in TLEVISA/CPO?Hello traders!
Today I present an update on TLEVISA/CPO. In general if there are changes in the interpretation of the Elliott count, this derived from the way the price has been behaving since May 25, 2020, when we saw the share price touch $22.70 MXN.
LET'S GO TO THE ANALYSIS;
1.- The first point I want to address is that the main trend of the issuer is still DOWN, that is to say, for TLEVISA/CPO the "bears" are still in control of the price.
2.- Since May 25, 2020, the price increase is more of a correction to the main trend that is coming to an end. From an Elliott theory perspective, we are in wave 4 (colored yellow) about to reach the 50% retracement in terms of fibonacci ratios. Let's remember that this wave 4 is composed of an ABC (yellow color) that at least is very clear is already in the final part; that is to say in wave C and within that wave I have the impression that only wave 5 of wave 5 is missing; that is to say, the last impulse before entering again in a scenario where the price will start to go down again.
3.- What can we expect for the next weeks and/or months? To see lower lows... YES!! we will go to break the $22.70 MXN floor.
4.- Is there any good news for the stock we are analyzing? Definitely the final test is coming, but the light at the end of the tunnel is already beginning to be seen. If TLEVISA/CPO survives the next price drop? better times will come for it... that's right... there will be VERY good opportunities to invest and buy CHEAP!
5.- Why did I make adjustments to my Elliott count with respect to my previous counts?
- First reason; Sometimes the analyst may fall into an interpretation of the chart that is not quite correct or where one knows he has doubts. When that happens I take the most pessimistic scenario to make or not to make any investment. At the end of the day, nobody wants to lose money? Quite the contrary!
- Second Reason; The fact that the correction is practically reaching $60 MXN, discarded the other scenarios leaving this one as the most solid. In other words, the information from May 25th to date has been very revealing.
I hope you liked this update, for the moment there is nothing more to say.
Regards
NOTE: The analyses that I share in this and other media are for PERSONAL USE for my academic training and should not represent an investment recommendation for ANYONE.
----------------------------------
Hola traders!
El día de hoy presento una actualización de TLEVISA/CPO. En general si hay cambios en la interpretación del conteo de Elliott, esto derivado a la forma en la que el precio se ha ido comportando desde el 25 de Mayo del 2020, cuando vimos que el precio de la acción tocó los $22.70 MXN.
VAMOS AL ANÁLISIS;
1.- El primer punto que quiero tratar es que la tendencia principal de la emisora sigue siendo BAJISTA, es decir para TLEVISA/CPO los "osos" siguen con el control del precio.
2.- Desde el 25 de Mayo del 2020, el aumento del precio es más bien una corrección a la tendencia principal que está llegando a su fin. Desde la perspectiva de la teoría de Elliott, nos encontramos en la onda 4 (de color amarillo) a punto de llegar al 50% de retroceso en términos de las proporciones de fibonacci. Recordemos que esta onda 4 está compuesta por un ABC (de color amarillo) que al menos es muy claro ya está en la parte final; es decir en la onda C y dentro de esa onda me da la impresión de que solo falta ya, la onda 5 de la 5; es decir, el último impulso antes de entrar nuevamente en un escenario donde el precio comenzará a bajar de nuevo.
3.- ¿Qué podemos esperar para las próximas semanas y/o meses? Ver mínimos menores... SÍ!! iremos a romper el piso de los $22.70 MXN.
4.- ¿Hay alguna buena noticia para la emisora que estamos analizando? Definitivamente se le viene la prueba final, pero la luz al final del túnel ya comienza a verse. Si en la siguiente bajada de precios, TLEVISA/CPO sobrevive... vendrán tiempos mejores para ella... así es... habrán muy MUY buenas oportunidades para invertir y comprar ¡BARATO!
5.- ¿Por qué hice ajustes a mi conteo en términos de Elliott con respecto a mis conteos anteriores?
- Primera razón; En ocasiones el analista puede caer en una interpretación del gráfico que no es del todo correcta o donde uno sabe que tiene dudas. Cuando eso sucede tomo el escenario más pesimista para realizar o no alguna inversión. Al final de cuentas nadie queremos perder dinero... ¡Todo lo contrario!
- Segunda Razón; Que la corrección esté llegando prácticamente a los $60 pesos, descartó los otros escenarios dejando este como el más sólido. Es decir, la información desde el 25 de Mayo a la fecha ha sido muy reveladora.
Espero les haya gustado esta actualización, por el momento no hay nada más que decir.
Saludos
NOTA: Los análisis que en este y otros medios comparto SON DE USO PERSONAL para mi formación académica y no deberán representar para NADIE una recomendación de inversión.
Elliott Waves Analysis for PEÑOLES; I'm NOT feeling bullish!Hello my dear traders!
Before I start I would like to mention that this PEÑOLES analysis, if it comes true as I am proposing, would be a beautiful thing in terms of learning. Although I am a young soul in the Elliott wave theory I know about the existence of this type of corrections, however, this would be the first time I come across one as they are quite rare.
LET'S GO TO THE ANALYSIS;
Why do I believe that this stock has a very high possibility of entering a "WXYXZ" (super complex) correction?
The answer lies in its current structure and behavior, because everything is related; the old information with the new. As you may remember, in my previous exposition on this issuer I presented 2 scenarios, however my sentiment towards PEÑOLES was more bullish, however, this is no longer the case. After we reached $436.79 MXN on August 6/2020, it was normal for a price correction to come. At that time I assumed that we were finishing a wave 3 and that a wave 4 (of the same degree) should continue. An ABC comes (which I do not have in this chart but should have ended at $260.09 MXN on 30/April/2021) and we would expect that at the end of that ABC we would get the impulse that corresponds to wave 5, From April 30, 2021, it forms another "abc" (of another degree / fractal). That has already changed everything, we can no longer be optimistic, either because I am still not being assertive with the information or because the new information is simply telling me that what I believed, is simply invalidated. Quickly we must analyze everything, EVERYTHING!!!!
CONCLUSION:
It is sad for PEÑOLES and as I do NOT wish ill to anyone I hope I am wrong. It is off the investment list until 2 things happen.
1.- The new information that comes out proves me wrong.
2.- That the correction ends.
Regards
Comments outside the analysis: - Frankly, for all those who like and want to learn more about Elliott's theory we must understand that, just as the markets are alive and new information is being captured in the graphs, so our hypotheses have to be updated. An analysis that takes into account the entire history of an issuer from its first day of trading to date, has the power to know well in advance, the path that the price of the same has to follow. -
NOTE: The analysis that I share in this and other media ARE FOR PERSONAL USE for my academic training and should not represent for ANYONE an investment recommendation.
-----------------------------
Hola mis queridos traders!
Antes de iniciar quisiera mencionar que el presente análisis de PEÑOLES, de cumplirse como estoy proponiendo, sería algo hermoso en términos de aprendizaje. Aunque soy un alma joven en la teoría de las ondas de Elliott se de la existencia de este tipo de correcciones, sin embargo, esta sería la primera vez que me topo con una ya que son bastante raras.
VAMOS AL ANÁLISIS;
¿Por qué creo que la presente emisora se encuentra con una muy alta posibilidad de entrar en una corrección "WXYXZ" ?
La respuesta está en su estructura y comportamiento actual, porque todo está relacionado; la información vieja con la nueva. Como recordarán, en mi exposición anterior sobre esta emisora planteaba 2 escenarios, sin embargo mi sentimiento hacia la emisora era más alcista, no obstante, ya no es así. Posterior a que llegamos a los $436.79 MXN el día 6/Agosto/2020, era normal que viniera una corrección del precio. En ese momento suponía que estábamos terminando una onda 3 y que debería continuar una onda 4 (de ese mismo grado). Viene un ABC (que en este gráfico no tengo plasmado pero debería haber terminado en los $260.09 MXN el día 30/Abril/2021) y esperaríamos que al terminar ese ABC se nos viniera el impulso que corresponde a la onda 5. ¿Pero que sucede?, a partir del 30 de Abril del 2021, forma otro "abc" (de otro grado /fractal) ¡Eso ya cambió todo!, ya no podemos estar optimistas, o porque aún no estoy siendo asertivo con la información o porque simplemente la nueva información me está diciendo que lo que yo creía, simplemente ya quedó invalidado. Rápidamente debemos de analizar todo, TODO!!!
CONCLUSIÓN:
Es triste para PEÑOLES y como NO le deseo el mal a nadie espero estar equivocado. Queda fuera de la lista de inversiones hasta que sucedan 2 cosas.
1.- La nueva información que vaya saliendo me demuestre que estoy equivocado.
2.- Que termine la corrección.
Saludos
Comentarios fuera del análisis: - Francamente, para todos los que gustan y quieren aprender más sobre la teoría de Elliott debemos entender que, así como los mercados están vivos y se va plasmando nueva información en los gráficos, también así nuestras hipótesis tienen que ir actualizándose. Un análisis que toma en cuenta toda la historia de una emisora desde su primer día de cotización a la fecha, tiene el poder para saber con mucha anticipación, el camino que el precio de la misma ha de seguir. -
NOTA: Los análisis que en este y otros medios comparto SON DE USO PERSONAL para mi formación académica y no deberán representar para NADIE una recomendación de inversión.
Still being a "Tricky trade" (Update)Hello traders,
It's a pleasure to be back here in this space postulating ideas!
I will be brief with the analysis and let's get to the point which is what we are all interested in.
GETTING INTO THE ANALYSIS:
AEROMEX; the postulate is that this stock still in abc cycle correction (in white color), and that at this precise moment we are already in that wave b. This hypothesis challenges the hypothesis of my previous publication.
If you remember in the previous analysis, I published that AEROMEX was in the formation of a wave 4, which I put two red boxes representing the target prices, and then return to the area where there is a green box. Well, the price already reached the target prices registering a new high in that zone of $9.87 MXN/AEROMEX. From that high the price started to drop and that was to be expected. The focus of attention has not been that the price is going down, but the "how" it is doing it, since the structure it is forming in this correction period reveals new information that merits updating the analysis.
What is the new approach for AEROMEX?
The answer is that we have an (a)(b)(c) (in magenta) forming a regular plane, a structure confirmed by a 3-wave sub-structure.
What are the implications of this regular plane (a)(b)(c) (magenta colored)?
The structure that takes the price from $2 MXN/AEROMEX to $9.87 MXN/AEROMEX is also formed by 3 waves , we will now call it A (green color), therefore, it must be interpreted as an upward correction. Then comes that regular plane (colored magenta) to form another structure in 3, which we will now call B (colored green), so it should also be interpreted as the correction to A (colored green). It is as if we were seeing "the correction of the correction". What this implies is that a C (in green) follows.
What should we expect in the following days/weeks?
We should see a 5-wave upward structure to complete the C (in green). IMPORTANT NOTE. at this time I am not setting price targets. What I do know is that the area between the 200 period moving average and the 384 period moving average will be of important relevance for further analysis. Likewise, each of the light gray dotted lines with the "rb= ### fib" symbology will be "Check Point" zones.
Well, for the moment that's all... this is the end of this analysis, I hope you liked it.
NOTE: The analysis that I share in this and other media ARE FOR PERSONAL USE for my academic training and should not represent for ANYONE an investment recommendation.
-----------------------
Hola traders,
¡Es un gusto volver estar aquí en este espacio postulando ideas!
Seré breve con el análisis y vamos al grano que es lo que a todos nos interesa.
ENTRANDO AL ANÁLISIS:
.- AEROMEX; el postulado es que la emisora se encuentra aún en corrección de ciclo abc (en color blanco), y que en este preciso momento ya estamos en esa onda b. De entrada, esta hipótesis viene a retar a la hipótesis de mi publicación anterior.
.- Si recuerdan en el análisis anterior, publiqué que AEROMEX se encontraba en la formación de una onda 4, la cuál puse dos recuadros rojos que representaban los precios objetivos, para luego volver a la zona donde está un recuadro en color verde. Bien, el precio ya alcanzó los precios objetivos registrando un nuevo máximo en esa zona de $9.87 MXN/AEROMEX. A partir de ese máximo el precio comenzó a descender y era de esperarse. El foco de atención no ha sido que el precio está bajando, si no el "como" lo está haciendo, ya que la estructura que va formando en este periodo de corrección nos revela nueva información que amerita actualizar el análisis.
¿Cuál es el nuevo planteamiento para AEROMEX?,
.- La respuesta está en que tenemos un (a)(b)(c) (en color magenta) formando un plano regular, estructura confirmada por una sub-estructura de 3 ondas.
¿Qué implicaciones tiene este plano regular (a)(b)(c) (de color magenta)?
.- La estructura que lleva al precio de los $2 MXN/AEROMEX a los $9.87 MXN/AEROMEX está formada también por 3 ondas , a esto ahora lo llamaremos A (color verde), por lo tanto, debe ser interpretada por una corrección alcista. Luego viene ese plano regular (de color magenta) a formar otra estructura en 3, a quien ahora llamaremos B (en color verde), por lo que también debe ser interpretado como la corrección a la A (en color verde). Es como si estuviéramos viendo "la corrección de la corrección". Lo que implica esto, es que sigue una C (en color verde)
¿Qué deberíamos de esperar en los siguientes días/semanas?
.- Deberíamos de observar una estructura conformada por 5 ondas a la alza, para completar la C (en color verde). NOTA IMPORTANTE. en este momento yo no estoy estableciendo precios objetivos. Lo que sí se, es que la zona entre la media móvil de los 200 periodos y la de los 384 periodos será de importante relevancia para un nuevo análisis. De igual forma cada una de las líneas punteadas en color gris claro con la simbología de "rb= ### fib", serán zonas de "Check Point".
Bien, por el momento es todo... hasta aquí llegamos con este análisis, espero les haya gustado.
NOTA: Los análisis que en este y otros medios comparto SON DE USO PERSONAL para mi formación académica y no deberán representar para NADIE una recomendación de inversión.