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Harmonic Patterns

USDCHF M15 | Bearish Drop?Based on the M15 chart analysis, we can see that the price has just reacted off our sell entry at 0.9000, which is an overlap resistance. Our take profit will be at 0.8974, a pullback support level close to 50% Fibo retracement. The stop loss will be placed at 0.9021, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
GBPUSD H4 | Falling toward a 161.8% Fibo extension?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2616, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement. Our take profit will be at 1.2530, an overlap support that aligns with the 161.8% Fibo extension The stop loss will be at 1.2678, a pullback rsistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
EURUSD H4 | Falling from 38.2% Fibo?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0453, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement. Our take profit will be at 1.0334, a swing low support level. The stop loss will be at 1.0531, an overlap resistance level close to the 61.8% Fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
SHIBUSDT.1DThe daily chart of SHIB/USDT highlights an ongoing consolidation with recent upward momentum, as the market responds to key resistance and support levels. This analysis will delve into the current market structure, key levels to watch, and insights from the technical indicators. Price Action and Structure: SHIB/USDT has shown a considerable rebound from lower levels, currently trading around $0.00002317. The chart displays a clear resistance and support framework that influences the current market dynamics. Resistance and Support Levels: Resistance Levels: The immediate resistance is observed at $0.00003364 (R1), which has recently been tested. A breakthrough this level may lead to testing the next significant resistance at $0.00004563 (R2), indicating a strong bullish momentum if achieved. Support Levels: The primary support level is at $0.00001963 (S1). This level is crucial for maintaining the current bullish sentiment. A drop below this point could see the price heading towards $0.00001035 (S2), which would represent a more significant bearish shift. Moving Averages: While specific moving averages aren't visible on the chart, their general position relative to the price can provide insights into the trend. Typically, prices above key moving averages suggest bullish conditions, while below can indicate bearish scenarios. Technical Indicators: MACD: The Moving Average Convergence Divergence (MACD) indicator is close to the baseline with a minimal histogram, suggesting a lack of strong momentum in either direction. This could indicate a consolidation phase or the market awaiting further cues. RSI: The Relative Strength Index (RSI) at 52.36 is near the neutral zone, which neither confirms overbought nor oversold conditions, supporting the notion of consolidation within the market. Conclusion: SHIB/USDT shows potential for further upward movement if it successfully breaches the resistance at $0.00003364. However, the current indicators suggest a cautious approach as the market is not showing strong directional momentum. Traders should keep an eye on the R1 and S1 levels as breakouts or breakdowns from these levels could determine the next significant move in the market. Risk management and close monitoring of emerging market trends and sentiment are advised given the consolidative nature reflected in the technical indicators.
Short
by MarsSignals
XAUUSD H4 | Bearish Continuation?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2618.36, which is a pullback resistance that aligns with the 23.6% Fibonacci retracement. Our take profit will be at 2577, a pullback support level. The stop loss will be at 2665.40, an overlap resistance close to the 61.8% Fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:XAUUSDShort
by FXCM
GOLD -- Fell below 2650 with negative fundamental driversOANDA:XAUUSD continued its downward trajectory, dipping to $2,648, underpinned by adverse fundamental drivers. The key question now is whether a retracement is on the horizon or if the decline will deepen further. Optimism about Chinese stimulus faded due to growing concerns over the U.S.-China trade war. In a closed report, the Wall Street Journal (WSJ) stated that China has begun retaliating against President-elect Donald Trump’s upcoming tariffs by implementing non-tariff measures. The market now believes that the Fed might send a hawkish signal by indicating a pause in January after the anticipated 25 basis points (bps) rate cut at the December 17-18 policy meeting, especially following the release of higher-than-expected U.S. Producer Price Index (PPI) data. Technically, gold remains confined within its current channel, with the consolidation phase still intact. The primary focus lies on the key support zone between 2636 and 2634, below which a large liquidity cluster could serve as a potential target for prices. The 2636 support level could trigger a retracement, depending on forthcoming market developments. If the retracement appears shallow and prices quickly return to this level, the likelihood of a break below support increases, potentially driving prices down to levels like 2612 and 2580. However, if gold can stabilize above 2682 and consolidate above local highs, it could pave the way for a retest of higher levels. Regards Bentradegold!
OANDA:XAUUSDShort
by Bentradegold
Gold --> Bear Market Intensifies, Key Resistance LoomsHello, dear friends! This is Ben. Gold prices rose after a false breakout at 2,650. Fundamentally, the situation remains complex, and technically... The metal's price is being influenced by geopolitical tensions, weaker U.S. bond yields, and a softer USD, which supports the safe-haven appeal of XAU/USD. However, bets on a less dovish Fed warrant caution for bullish markets ahead of this week's FOMC meeting. Theoretically, additional gold price gains could be limited by concerns about China's economy after its industrial production posted a modest rise in November, while retail sales disappointed. Widening gold discounts in India amid subdued wedding season demand due to higher prices may also act as a drag on the metal. China and India remain the largest gold consumers globally. Looking ahead, U.S. PMI data also warrants attention for fresh insights into the Fed's rate trajectory next year, which could heavily influence gold prices—given gold's sensitivity to the USD. From a technical perspective, gold is attempting to break out of a major range, testing critical support. Since the opening of the session, the price has increased quite strongly, which increases the possibility of resistance to stop this increase. If there is a false breakout around the 2,655 level, a minor correction toward resistance could form. However, with prices testing strong support, we may witness a false breakout followed by a corrective move to the 2,660–2,675 region (0.618 Fib retracement) before resuming the downtrend. Rate, share your opinion and questions, let's discuss what's going on with.
OANDA:XAUUSDShort
by Bentradegold
2
EUR/USD → Consolidates Ahead of Key Fed Interest Rate DecisionHello everyone, Ben here! EUR/USD saw a sluggish upward movement on Monday, drifting towards the upper bounds of its short-term consolidation range just north of 1.0500, though lacking any significant conviction. With relatively limited European data this week, Fiber traders are bracing for a heavy U.S. data docket. In the short term, the trend remains neutral, but prices are consolidating near a critical support level that has held firm for two years. Aggressive rate cuts in Europe are putting pressure on the pair, with expectations set for December 17th-18th. The Fed is widely anticipated to cut the benchmark interest rate by 25 basis points (bps). However, any hawkish signals from the Fed aimed at taming inflation would increase the downside potential for EUR/USD. Support levels: 1.045, 1.033 Resistance levels: 1.060, 1.065 From an interest rate perspective, within the context of a broader downtrend, price has yet to reach the key liquidity zone. Ahead of the news, I anticipate that the price will climb towards 1.060. However, based on both technical and fundamental outlooks, bearish momentum is expected to resume, and a break below the 1.045 support level will solidify the downward trend. Best regards, Bentradegold!
Short
by Bentradegold
GOLD --> Correction Before Potential Further DeclineOANDA:XAUUSD transitioning to a Correction Phase After Last Week's Economic Data. Market participants are generally confirming the bearish nature after returning to the channel. The market is broadly prepared for a 25% rate cut, but traders seem cautious about hints regarding the Fed's stance: whether the Fed will cut interest rates, shift to a wait-and-see approach, or imply a rate hike based on last week's economic data. Traders are eagerly awaiting the Fed's decision, which will be announced on December 18. Gold prices continue to be supported by safe-haven demand amidst ongoing geopolitical risks. Additionally, China's continued gold purchases are providing further momentum for this precious metal. Technically, after a false breakout at the 2721 level, a deep correction is forming, which typically develops into a local downward trend. Prices are approaching the panic zone of 2615-2600. During the Asian trading session, gold maintained its earlier recovery above $2650 as buyers still held control amidst the persistently weak US dollar and sluggish US Treasury yields, with attention on key resistance levels. Prices are heading toward the imbalance zone in the correction process. A swift approach and retest of resistance could trigger a recovery. Traders may enter the profit-taking phase before major news releases. Best regards, Bentradegold!
OANDA:XAUUSDShort
by Bentradegold
2
Gold: Short-Term Fluctuations, Long-Term TriumphsAs a market analyst, I observe that global gold prices currently stand at $2,647 per ounce, with February 2025 gold futures on the Comex New York exchange priced at $2,675 per ounce, reflecting a 0.03% increase from the previous day. Over the past week, gold has shown a solid 0.8% gain. From my perspective, gold has had a remarkable year, and while it is now undergoing a phase of correction, I firmly believe this pullback will not last long. My analysis suggests that gold prices will rise further in the coming months. This outlook is supported by several key factors, including loose monetary policies, strong central bank buying activity, and growing demand for safe-haven assets, all of which are likely to drive gold to new record highs this year. I’m also closely following comments from Federal Reserve Chair Jerome Powell after each meeting, as these are crucial for shaping investor expectations for 2025. Inflation remains a pressing issue, still falling short of the Fed’s 2% target. According to Nicky Shiels, a metals strategist at MKS PAMP SA, gold prices could reach $2,500 per ounce, or even as high as $3,000 per ounce, depending on how effectively the Fed manages inflation. In the short term, my projection is that gold will trade within a range of $2,647 to $2,760 per ounce. For the longer term, I align with Goldman Sachs' forecast that gold could achieve $3,000 per ounce by the end of 2025. This aligns with the broader trends I’m observing, where persistent economic uncertainties and evolving monetary policies continue to shape a favorable environment for gold.
OANDA:XAUUSDLong
by Trader-Briannnn
GOLD → The FED Rate Decision Ahead: What Should You Do?Dear Traders, Gold (XAUUSD) has made a notable move, successfully testing the strong support level at 2633 before traders shifted into buying mode. As a result, the price broke above 2643, sparking new optimism as upcoming discussions around potential rate cuts from the Federal Reserve (FED) take center stage. Currently, there is a 93% probability that the FED will cut rates by 25 basis points. However, the overarching theme is the FED's stance for the future. Hawkish hints regarding 2025 could influence the rate-cutting trajectory, an aspect the market has only partially priced in. This means any indication of a smaller rate cut could fuel strength for the U.S. dollar. Conversely, a deeper cut could act as a bullish catalyst for gold. The spotlight is firmly on FED Chair Jerome Powell's comments, as they will provide crucial insights into the economic outlook for 2024 amidst the backdrop of Trump-era policies that continue to play a pivotal role. That said, downside risks for gold remain elevated, particularly if the FED maintains a hawkish stance in the current climate. Technical Analysis: At the moment, gold prices are consolidating within the range of 2658 - 2633, with a breakout in either direction likely to bring about a strong momentum-driven move. The market is complex and highly volatile right now, which is why traders are advised to hold off on entering positions before the event. Waiting for volatility to subside can offer better clarity on market direction and safer opportunities. Final Advice: Patience is key in such turbulent times. Avoid getting swayed by short-term noise and focus on acting only after a clear trend emerges following the major event.
OANDA:XAUUSDShort
by Bentradegold
VADILALIND 1WVadilal Industries is exhibiting a bullish flag pattern on the weekly timeframe, currently trading near the resistance zone around 3933. A confirmed breakout above this level, supported by strong volume, could potentially trigger a significant upward rally. The projected target, based on the flagpole's height, points toward the 7000 level, aligning with key Fibonacci extension zones. Traders should monitor price action closely for breakout confirmation and sustained momentum. I'm not a SEBI-registered analyst. All posts and levels shared are just for educational purposes. I'm not responsible for any losses or profits. No claims, all rights reserved
NSE:VADILALINDLong
by saimandali
The Yen Crash Could be Finally Over.The Yen index trades at a really interesting level as we head into the BoJ rates decision. We're trading at the 1.61 extension of the previous bull trap. This is a big make or break level. A lot of consideration does have to be given towards the bear break. In a bear break the 1.61 hits. 1.27 often retests and then the 1.61 break. If that happens, Yen can capitulate hard. Very important risk to be aware of. However, if the 1.61 holds as support we might see a mean reversion move in this. Mean reversion move in the Yen index after this prolonged downtrend would spell sensational crash moves in XXXJPY. Very interesting decision to make in this zone. I think it sets the tone for the trend to either side. Lot of epic trade setups in the XXXJPY pairs in the event it's a Yen reversal.
TVC:JXYLong
by holeyprofit
$XAGUSD 1H Chart: Bullish Shark Pattern with Target at $31.22PEPPERSTONE:XAGUSD Silver has formed the bullish shark pattern previously anticipated at $30.41. The pattern is now complete, and we saw a pullback below this level to $30.13, establishing a new support. The bullish shark pattern formed at $30.40 has a default target at the 50% Fibonacci retracement level, which is projected at $31.22. Bullish shark pattern formed at $30.41. Price pulled back to $30.13, establishing new support. Target level for the pattern: $31.22.
FX_IDC:XAGUSDLong
by Andre_Cardoso
Bitcoin - Finally time for a drop! (alien technology)Bitcoin (crypto) is a technology that was brought to planet Earth by alien species. You probably heard of Grays, Reptilians, and Dracos from TV or YouTube. These days they are everywhere, and they are represented as evil to humanity. They infiltrated the government, presidential candidates, and big companies. They are here, but you don't see them. You can watch the following interview with a reptilian: www.youtube.com Crypto technology is not new in the galaxy, and humans didn't invent it. But let's take a look at the price action. The Bitcoin bullish cycle is coming to an end. I think the end will be around 125,000 USDT, so you don't want to buy the TOP. We can expect a 60% to 50% correction in 2025/2026 - that would be 60k per Bitcoin. At the top of each bullish cycle, many people get stuck with their holdings by buying near-all-time highs, then experience a massive crash in their account due to extremely high Bitcoin volatility. In the short- term, I expect a pullback to the bottom of the parallel channel, profit 1: 99405, profit 2: 94700. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Short
by Xanrox
173
GOLDThe gold price dropped today due to the Federal Reserve's hawkish cut, which sent investors seeking safety into the US Dollar, outpacing demand for gold. As a result, gold fell towards $2,600 and below.. This move was anticipated, as the market had priced in a hawkish cut, and the focus is now on the Fed's expectations for 2025, which suggest fewer interest rate cuts. The drop in gold price is also attributed to the strengthening US Dollar, which is trading near its weekly highs against most major rivals. Additionally, the technical indicators are neutral-to-bearish, developing around their midlines and failing to provide clear directional clues. On dxy rally AUDUSD,USDJPY,EURUSD,USDCAD,GBPUSD will have a change in directional clues
FOREXCOM:XAUUSD
by Shavyfxhub
XAUUSD - sells in play?Here is our in-depth view and update on XAUUSD . Potential opportunities and what to look out for. This is a long-term overview on the pair updated from the previous one. Last time, we took a step back and took a look at XAUUSD from a bigger perspective (H4 time-frame). We are still using H4 to show you the sells we have in play. XAUUSD is currently trading at around 2670s . If you remember our previous long-term view on OANDA:XAUUSD you should remember that after hitting the top of the area at around 2714 (a bit higher) we were automatically looking for sells. We are currently holding a few sell positions at 2680s as the price failed to break higher. Personal opinion: The direction for now is bearish in our opinion. We are looking for sells and we do believe gold could see some massive sell-offs in December before the year of 2024 ends. KEY NOTES - XAUUSD completed the predicted long-term move to the upside. - XAUUSD sells were called at the top of the area (2714). - XAUUSD failed to break higher and is following the long-term analysis. Happy trading! FxPocket
OANDA:XAUUSDShort
by FxPocket
3
THE ONLY BULLISH WAVE COUNT !!! 582 SPY support The chart posted is what I can say Is the ONLY bullish wave count . We should was the .382 support in SPY and this also makes wave 4 and 2 equal .We did Top into the spiral 6 in total due 11/29/12/5 Turn this was the TOP TICK in NYA DJI XLU IYT DJT . There is clear LONG TERM DAMAGE in the NYA and all the indexes listed . The FED is clear BEHIND and LIED today as to UNEMPLOYMENT as in 2025 DOGE will cause this to rise as per my forecast of 5.5 in 2025
PYTH:SPY
by wavetimer