stocks

The current formation of AAPL shares suggests the development of the primary fifth wave. This takes the form of an ending diagonal (1)-(2)-(3)-(4)-(5) of the intermediate degree. The wave ⑤ is the last part in the large cycle impulse a.…
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Bitcoin continues its bear market turmoil as it cracks the $20k handle once again. Optimism was on the rise after the recent bounce saw the cryptocurrency move above $22k. However, this was not to last long as the crypto market has…
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The 1H timeframe shows the SPX500 structure, which hints at the development of a major impulse trend. The primary wave ③, which is part of the cycle impulse V, is currently under development. It is a bullish impulse with intermediate…
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Twitter prices dropped on Friday after Elon Musk said he’s terminating the $44bn agreement to acquire the social media company. On the flip side, the news sent shares of Tesla up as much as 3%. So, what next for Twitter, as they…
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The internal structure hints at the formation of a bearish correction pattern. This takes the form of a cycle triple zigzag w-x-y-x-z. Currently, we see a completed actionary wave y. This has the form of a primary double zigzag…
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US President Biden is holding a meeting today to discuss a plan to lift tariffs imposed on certain goods imported from China. Although it's being billed as "reversing" the Trump Administration's tariffs, the reality is a little more…
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This time around, NFP could rock the markets. Not so much because of monetary policy implications, but what they could say about the underlying economic situation. Talk of a recession keeps growing, and NFP is one of the first complete data…
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Oil continued its slide to a 12-week low on fears of a global recession. A strong dollar coupled with increasing Covid-19 cases in China, saw the sell-off continue. Further lockdowns in the world's biggest oil importer could shake up…
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The structure of the USDCHF currency on the 1h timeframe shows the final part of a large triple zigzag consisting of cycle sub-waves w-x-y-x-z. Currently, there is a development of the actionary wave z of the cycle degree. The wave z…
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US stocks closed lower yesterday, with the S&P having its worst first half of the year since 1970. In the last six months, the S&P500 fell 20.6%, whist the Dow and the Nasdaq have fallen by 15% and 30% respectively. On the…
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