Det ser ut som att vi har nåt sekundärtrends våg 1 topp.
Härifrån kan man då förvänta sig en ABC korrigering. ner till sekundärtrends våg 2's botten.
En våg 2 har ofta egenskapen att den är minst fib 50 av våg 1 men ofta 61,8 och ibland också 85,4.
Så här i sekundärtrender så är de tydligen ofta grundare än i primärtrenden så fib 50 är ett rimligt mål.
Så vi...
Either we are still looking for the bottom of the second wave in the secondary trend and then we would expect the following scenario.
We still have not reached FIB 123,6 and we still have not reached stochastic of 20 on weekly basis so this scenario is still probable.
The fact that I have drawn the ending C wave as a 5 wave correction is not necessary it might...
In this second alternative we explore the possiblity that we have reached the bottom of wave 2 of the secondary trend.
If that is the case than we shall now have started our third wave of the 5 waves in our secondary trend. when we have concluded the fith wave in our secondary trend that will conclude the fith wave of our primary bull trend.
It is a bit early...
I think that the price bottom i around 1850-850$ therefore i see this as a large corrective wave. We are now completing the C wave i the larger B wave. Going up and retesting the last high, then finally go up make a new high before 1-5 bear market to make the bottom.
Last time I thought that we had started wave 3 in the 5 waves that should take us to the Super Cycle top 3.
But as I said then it all depended on whether the support at 1594 would hold. Unfortumatly it did not, and then we had to make a new count.
So instead we had to move the top of wave 1 and count the wave 2 as a 535 correction wave depicted as a ABC wave.
As...
After some futher studies I have updated my graph with better numbering and other minor improvments but here is what I think will happened in near future.
Looks like we have a turn around formation brewing.
If we have counted this one correct we have started on the 3'd wave of the secondary trend which will after its fifth wave conclude the 3'd wave of the...
Att vi ska få en stark abc rörelse ner är skyhög då vi gjorde en lägre hög. Med hög val ut. Men finns en liten liten chans att rörelsen blir likt fraktal.. sätter dock ej mina cash på de!
I am trying to analyse the OMX index based on the elliot wave theory.
I am inspired by this guy roasan-bullbear.blogspot.com (in swedish)
So for a more detailed view of my analysis one should really look at roasan-bullbear.blogspot.com since my interpretation is heavlily influenced by his analysis.
Min analys är att vi har en huvud skuldra och stor risk att efter vi har testat nacklinjen så kommer vi hamna i björnmarknad. - ha överseende att linjerna ej är perfekt dragna! Marknaden är ej perfekt och därav är jag inte exakt i mina linjer...
Gold har det lite tungt trots oro på indexmarknader.
Men lite Gann teorier runt Gold skulle kunna se ut så här
Med dom olika inställningar jag har för Gold pekar det mot att det ska ner mot 1248-1255 innan en vändning upp blir aktuell på allvar.
Då skulle också 5:e vågen sitta där.
