May find some support developing in #Silver as the anticipated decline reaches congestion. #Elliottwave

Downside targets in #EURUSD still in focus...1.1030-1.1170. It took 5 months for the rally to unfold. Look at 2-5 months for the corrective down trend to develop. #Elliottwave

Different pattern developed for #USDCAD on wave ((iv)) and price reached the bottom side of the 2021 trend line. It appears wave ((v)) has begun to the reach 1.33. #Elliottwave

Interesting cluster of support between 97.75-97.85 in #DXY . Today's low is 97.94 so far. This wave count from the July 1 low implies another bullish turn that reaches 102 in the next few weeks. #Elliottwave

I don't like the size and depth of the wave 4 so the degree of trend may be off for #Bitcoin However, the decline from 123k does appear corrective implying new highs on the horizon. #Elliottwave

Still looking for a wave 4 cousin to wave 2 in #SP500 . I suspect wave 3 may top in the 6530-6720 zone. That would lead to 5-10% decline in '4'. #elliottwave

A couple of levels I'm following on #Bitcoin 114.5k is the 78.6% Fibo retracement level of the rally. It's the Fib of last resort...a break below it is an early warning dashboard signal of more weakness. 112k is the key level that if broken may signal a more significant top.

A lot of red on the screen today. However, $RSP (Equal Weight SP500) is one of the few greens. This means the big guys that have been driving the rally are seeing profits get taken. The average little stock hung in there today.

#nuclear stocks have been getting pounded since late July with their ETFs ranging from -10 to -15%. I see nuclear as an energy play with data centers going up everywhere and our USA power grid structure short a couple of NYC sized grids. Does this decline suggest a stale

Got the dip in #silver to the bottom of the channel at $36. Now, it appears to be rallying in wave (v), an ending wave, of the entire sequence going back to April. Targeting $41.64 and possibly higher levels. #Elliottwave

#EURUSD appears to be in wave x of (x). This implies a slight pop, possibly to 1.1735 to meet the resistance trend line. Regardless of whether this wave (x) rally is still in progress or already complete...wave (y) would be a decline that likely reaches the 1.1030-1.1170

The rally from Aug 1 to 15 in #SP500 is a clear 3-wave move...a corrective pattern within #Elliottwave . This is a simple signal that suggests some pain back to 6,212 and possibly lower. Now, there are a variety of paths to get to 6,212...in other words, SP500 can still rally

Got that pop Friday to meet the resistance trend line for #EURUSD . Bias has shifted to the downside targeting 1.1030-1.1170.

$DJI looks to need another pop higher. I suspect it may rub the top end of the parallel price channel. After that, l anticipate we see a 5-10% decline. #Elliottwave

Sometimes the simple pattern is what fits the best. #Gold in the bigger picture, appears to be carving a 4th wave with more down to sideways to go. #Elliottwave

I've been studying the price action on #Bitcoin from a variety of angles. It obviously poked below the 112k mentioned previously. There are still some near-term bullish patterns but price needs to hold above this 2023 trend line to essentially keep them afloat. A move below

Still looking for #EURUSD to make a heavy run to the downside as it is still contained below the resistance trend line. Let's see what happens in the 1.1030 - 1.1170 price zone. #Elliottwave

This 3-wave pattern on #SP500 ... Well, me thinks it was wave 'i' of an ending diagonal. If correct, then the rally today is wave 'v'...the ending wave. Wave 'v' has a little more room to rally. This implies a double top of sorts below 6,525, then a trend lower to 6,212.

After hitting 1st target on Aug 1, 🇬🇧 #GBPUSD is bulding a 5-3 pattern. Heavy support at yesterday's low of 1.3333. 🎯Upside targets include *1.3614 *1.3787 #Elliottwave