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10/06/21 10:53
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Here's some more clues as to what the markets are doing - Remember, this just would not work if markets were random This is Gann's Square of Nine (9) - He used it to work on both price and time It's basically a spiral of ORDERED numbers around a circle of 360 degrees, divided into sections If you look closely enough you will see if you pulled number "1" up and towards you, the form would create a PYRAMID As you can see in this simpler Gann Sq of 9 below, we can split the sq into GEOMETRICAL harmonics, in this case this is a cardinal cross Get the reference number point "61" and work through 65,69,73,77,81,86,91 etc - you can follow the sequence easily enough and see that those prices are following the natural order sequence of those cardinal point cross points...................... Here's those points in TIME (MONTHS) from the Oct 2022 LOW on the SP500 market - As you can see MANY MANY hits to the month and then the market reversed to some degree - KNOWLEDGE of this method would of allowed you to place those dates on your charts in 2002! YEARS in advance and this is just one method of many that pinpointed the 2009 low from a TIME perspective THT -
Short comment today: I've been expecting some "sort" of event that causes "issues" in the generic economy going into Oct 2025 This should be a stock market swing LOW turning point - there's other issues for 2026, where the 666 week "beast" cycle turns up and also the 18 year property cycle crash low too The 66 week "beast" cycle last hit from memory May ish 2013, as its a 12 yr and a bit month cycle it rolls into early -mid 2026 - usually causes wild price fluctuations (check out 2013) Don't write off the bigger cyclic picture we are in, this cycle has a huge win/hit rate above 90% that covers over 200 years of stock market price data and history and we should see the USA market(s) MASSIVELY UP into 2034 THT
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By tradinglounge · Posted
NZDUSD Elliott Wave Analysis Trading Lounge Day Chart, 4 October 23 New Zealand Dollar/U.S.Dollar (NZDUSD) Day Chart NZDUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: impulsive in wave C Structure: 5 of C Position: main red wave 2 Direction Next Higher Degrees:Red wave 3 Details:blue wave 5 of C in play after that new trend expected . Wave Cancel invalid level: 0.55153 The NZDUSD Elliott Wave Analysis on 4 October 23, delves into the daily chart of the New Zealand Dollar/U.S. Dollar (NZDUSD) currency pair, applying Elliott Wave theory to provide insights into potential market dynamics. This analysis primarily focuses on counter-trend movements, which can be advantageous for traders seeking opportunities in market corrections or reversals. The chosen function for this analysis is "Counter Trend," signifying a deliberate examination of market movements that oppose the prevailing trend. This approach is particularly beneficial for traders aiming to capitalize on shifts in market sentiment. Within this counter-trend context, the analysis adopts an "impulsive in wave C" mode. This mode implies a concentration on identifying and understanding impulsive price movements that occur within the broader wave C. Impulsive waves often indicate strong and sustained price trends, making them significant points of interest for traders. The specific market structure under scrutiny is labeled as "5 of C," pinpointing the wave sequence being analyzed. Elliott Wave theory relies on the identification and interpretation of wave patterns, and this analysis zooms in on the development of the fifth wave within the C wave sequence. In terms of position, the analysis zeroes in on "main red wave 2." This designation indicates a particular focus on analyzing the ongoing characteristics and dynamics of this wave within the broader Elliott Wave structure. The directional insight provided is "Red wave 3," indicating an anticipation of an upcoming upward movement in the market as red wave 2 approaches its conclusion. Understanding the expected direction is vital for traders looking to align their positions with the anticipated trend. The key detail outlined in the analysis is that "blue wave 5 of C" is currently in play. This signifies that the market is currently within the fifth wave of the larger wave C sequence. Importantly, after the completion of blue wave 5, the analysis suggests the emergence of a new trend, implying a potential shift in market direction and sentiment. The "Wave Cancel invalid level" is identified as 0.55153. This level serves as a critical reference point for traders, providing guidance on managing risk and making informed trading decisions. In summary, the NZDUSD Elliott Wave Analysis on 4 October 23, emphasizes a counter-trend approach with a specific focus on impulsive price movements within the wave C sequence. Traders should closely monitor the development of blue wave 5 of C, as it may offer potential trading opportunities, particularly as it approaches the specified invalid level. This analysis is valuable for traders seeking to capitalize on counter-trend movements in the NZDUSD currency pair.
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