Nasdaq 100 Update

A couple more pushes to the upside remain for Nasdaq 100 before CRASH begins

It appears the Nasdaq has a few more fumes to burn before rolling over and crashing.  Intermediate (3) up, (4) down, and (5) up must complete before wave C (circled) completes.  This could all take about 4 to 8 weeks.  When wave C (circled) completes, Cycle (red) wave V of the Ending diagonal will be completed.  When Cycle V is completed, Supercycle (burgandy) (c) will be completed.  When Supercycle (c) is completed, Grand Supercycle IV down will be underway.  This Grand Supercycle Wave IV should bring the Dow Jones Industrial Average to a price below 1,000!

USDJPY close to finishing a major Contracting Triangle

The finish of the Ending Diagonal depicted in the chart at right, marks the end of the (ZZ) depicted in the chart at left, which then marks the end of the Primary degree Contracting Triangle.

QLD Presents Trade of a Lifetime!

This is one of the greatest shorting opportunities that I have ever seen.

USDJPY Update

Intermediate Double 3 Wave (Y) is in its target.  When will it turn?

It can be interpreted that Intermediate wave (Y) is completed!

EURJPY approaching the completion of an Ending Diagonal

Turning to head south VERY soon!

Wave 4 of Ending Diagonal completed.  Heading up to wave 5 target.

Wave (B) of (ZZ) eyes its target just slightly south.  Wave (C) of Wave 5 up of the Ending Diagonal would then begin.

Nasdaq 100 "Peak" declaration still holds as valid!

Price action off peak is called impulsive but looks suspiciously corrective.  We will trust RET for now.  First 2 charts are picture perfect!  These type set ups don't come along very often!

USDNOK Tradable Wave V of an Ending Diagonal

Heading upward in Wave V over the next few months

USDDKK Showing clear bearish path.

Strongly bearish over the next several months

EURUSD up, down, up predicted short term before major sell off begins.

EUR USD will go pretty much sideway for a while before giving a modest upward thrust before a substantial sell off occurs.  All this should happen by year's end.

Nasdaq 100 potentially took its last breath above water today or NOT!

The 5th wave (predicted in the prior chart yesterday) completed and the market promptly sold off.  This could be the "kick off" of a long sustained bear market.  Alternately, this 5 wave move to the upside could be wave A of an upward moving ABC Zigzag, in which we would now be in wave B to the downside.  Wave C then would take us to one last high to complete the ZZ.  I am favoring that interpretation.  It is shown below.

The market will have to trace out Waves (B) and (C) relatively quickly to make my predicted September 30th peak deadline.  Of course it doesn't have to happen on that date.  I was merely speculating.  More probable is a mid to late October peak.  Any early Shorters of the market can utilize this wave B as an opportunity to park money on the sidelines until Wave (C) unfolds and hits its peak.

USPJPY entering a potential 3rd of a 3rd of a 3rd

Chart #1 Multi Month / Multi Year Perspective

Chart #2 Multi Month Perspective

Chart #3 Multi Day / Intra Day Perspective

NAS 100 pushes even closer to its peak

Chart #2 only has Black Minor 4 (targets turned on) and Minor 5 to complete before the selling begins.  This should happen easily within two trading sessions (3 at the most).  Fasten your seat beats, the roller coaster ride down is about to begin.

Nasdaq 100 Urgent Short Set Up

Chart #1: Supercycle Degree Wave (b) is ending.

Chart #2: Cycle degree Wave V is ending.

Chart #3:  Primary degree Wave C (circled) is ending.

Chart #4: Intermediate degree Wave (V) is ending.

GBPUSD Ripe for a Reversal

Begin reading Chart #1 in Upper Left and proceed counterclockwise for proper progression.

USDJPY poised for next move down

Wave E (circled) continues to unfold to the downside.

Nasdaq 100 has one last breath

Wave (4) in its target with a quick wave (5) on Tuesday, then lights out!

Nasdaq 100 Ending Diagonal near its completion

Two possible outcomes can occur from the current price level.  Described at the top off the charts.

USDJPY nears epic turning point

Contracting Triangle final wave E is in its 3rd and final wave.  Rally will follow for as long as it took the CT to complete.

Tesla's Pin awaits at 180

Bubbles never end pretty.  TSLA is technically ready to "Pop" when price hits 180.