$NAS100 $NQ_F $NQ $QQQ $AMZN Impulse wave finale for $NASDAQ?

2019年10月26日

What's next at these new ATHs? I am leaning toward a pullback near the Wave 4 location. I am not a big elliot wave subscriber, but I do recognize impulses and harmonic AB=CD patterns as having authority (they are "hard" to create). This new high seems like a wave 5 bearish divergence to me, but we must pay attention to the NYSE Accumulation/Distribution and seasonality which honestly says: "we keep going higher".

I will wait for the monday price action to likely produce a new high, and then some kind of retracement to the top descending rail we just penetrated. The pivots shown are the Monthly Camarilla pivots, which showed a well defined range for the month until Friday when it was broken.

2019年10月26日

註釋

2019年10月29日

註釋

I think we will spike up to the top rail at tomorrow's FOMC announcement, then possibly selloff Thursday and Friday.

2019年11月2日

註釋

All bearish predictions this year have failed. Peak to trough this has been a remarkable seasonality year.