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L1 Stock Market Analysis 
BTFD?
https://www.invest-safely.com/stock-market-outlook-2021-05-16.html
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U.S. Retail Sales MoM
Create Alert
Latest Release
May 14, 2021
Actual
0.0%
Forecast
1.0%
Previous
10.7%
Retail Sales gauges the change in the aggregate value of sales at the retail level across the country. It is an important indicator of consumer spending accounting for the majority of overall economic activity.
A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
Importance:
Country:
Currency: USD
Source: Census Bureau
U.S. Retail Sales MoM
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Hi
DOW
wave ‘i’ is still larger than ‘iii’ if this count is the correct one
https://invst.ly/usfe2
thanks
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Is gold actually recovering?
https://el834862649.wordpress.com/spot-gold-weekly-anglogold-daily/
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Another week, still an uptrend…
https://www.invest-safely.com/stock-market-outlook-2021-05-09.html
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I have determined that it is like analyzing the sailing ships rigging. The conclusion must be be that the rigging is still perfectly good for its intended purpose.
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U.S. added 266,000 jobs in April
the expectation : According to a Reuters survey of economists, nonfarm payrolls likely increased by 978,000 jobs last month after rising by 916,000 in March. That would leave employment about 7.5 million jobs below its peak in February 2020.
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Hi
DOW daily/monthly
looks like a flag on the daily
https://invst.ly/up1ob
https://invst.ly/up3rc
thanks
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Interesting, but cannot be sure about higher yields being good for gold, viz:
https://el834862649.wordpress.com/us-10-yr-yield-v-xau-usd/
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Was that it for the 5th wave? Assumed we’d see a more flourishing finish…
https://www.invest-safely.com/stock-market-outlook-2021-05-02.html
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Got some divergences!
If the counts are right, we should see a massive increase in comments sooner rather than later (end of the 5th minute of the 5th minor of the 5th intermediate of the 1st primary). Now that it’s out there, I’m sure the market will make a mockery of that count!
https://www.invest-safely.com/stock-market-outlook-2021-04-25.html
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In the halls of the mountain kings the truth is just another myth. A childrens story..
https://el834862649.wordpress.com/goldfields-adr-v-xau-usd/
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Hi
Suggested count for NYA is the same for DOW
https://invst.ly/uj8x0
DAX
https://invst.ly/uj91n
thanks
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You know it’s an uptrend when there’s zero commentary on the EW sites.
https://www.invest-safely.com/stock-market-outlook-2021-04-18.html
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And the uptrend rolls on, no change to last week’s count…that was quite a rally into the close on Friday…short covering?
https://www.invest-safely.com/stock-market-outlook-2021-04-11.html
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No real change from last week…4000…wonder what Tony would say. Probably “I told you so” but in a nicer way. lol
https://www.invest-safely.com/stock-market-outlook-2021-04-04.html
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Hi
SSEC
https://invst.ly/ubyyy
JP225
https://invst.ly/ub-4x
thanks
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Uptrend back underway…
https://www.invest-safely.com/stock-market-outlook-2021-03-28.html
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HI
Wave III would be equal to wave I for both close of the 423% expansion of 2007/2009 drop
DOW
https://invst.ly/uae70
https://invst.ly/uae9a
SP
https://invst.ly/uaedw
thanks
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Seems to have taken over this site with all the charts .
will be posting more in the public section of
https://jobjas.wordpress.com/
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Looking at some world indices
DAX one of the most perfect Fib projections
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FTSE
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Nifty -India
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TSX
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Shanghai Composite – complex to label with EWP – my perception at present
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https://tradingdiary.incrediblecharts.com/
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Any move can look impulsive but with EW analysis one can make out the internals as ABC or 12345.
Remember wave B retrace can be treacherous.
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DOW
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Red hot Chilli
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BTC on its way down to loosing 50% value.Charts and trading BTC later
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Crude 50s H&S + Bearflag
hhttps://invst.ly/u96a
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https://invst.ly/u96b9
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Crude long term count
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WMT completes 5 waves from 2016 bottom
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Keep the bigger picture in mind . IBM in a downtrend since 2013
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EW analysis of KO
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FB completes 5 waves since its IPO
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selling intensify
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Anyone heard from FionaMargaret? Miss seeing their posts.
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DOW – food for thought
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Statistically 90% retail investors are most bullish at the top and maximum bearish at the bottom
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Here is a stock for long term
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Anticipate NOT react – with EWP even in volatile conditions and even in a 1min chart !
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Power of EW projection – BTC , giving an entry price for those who feels left behind in the race !
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NDX completes an ABC counter move ( ? W2 ) coinciding with DOW topping process.
Posting the chart to show how to arrive at turning points using Classic EW wave labels and fib confluences .
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Had to rejigger my counts a bit thanks to that all time high…not that there’s anything wrong with that. 🙂
https://www.invest-safely.com/stock-market-outlook-2021-03-14.html
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Almost similar S&P500 count..
https://el834862649.wordpress.com/sp-500-index-3/
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Hi
DOW 40k?
https://invst.ly/u4xkc
https://invst.ly/u4xk-
thanks
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Gold (spot) update can correlate with fear of the feared inevitable..
https://el834862649.wordpress.com/gold-spot-xau-usd-5/
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too much divergence between indices and had to adjust the counts (project,monitor ,adjust)
I believe DJI ,DJT,SPX RUT has couple of days to top .
NDX NYSE already topped and presently in wave 2 down . Any swift move down / move below previous low will be confirmation as it will be W3
Best of luck with your trading.
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The bullmaket is unfolding in USA and giving lot of opportunities with an exception for tech market – which probably won’t last very long. This has been my view for some time, and I don’t understand the Caldaro-group’s updates of SPX and DJ which are much too negative according to my view. It’s now at SPX; Intermediate 3 of Major 3. Intermediate 3 started in november. My oil company stocks are up about 50% since november. I’m a semi trader using OEW, but sometimes I see the pattern a bit late.
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Elmer,
Where do you see OEW updates? I still watch the charts on his old blog site, but they’ve dropped most labeling.
Thx in advance.
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Well, it’s the same update site as before, and if you study it ,you’ll see the neccesary labels which means at SPX according to them, we now see Minor B of IM 2 of Major 3. (Minor A is finished so it has to be Minor B at the moment). This means they expect another decline with Minor C in the near future. In the meantime SPX is just going higher and higher.
ATH in a IM 2 sounds strange to me.
Their DJ version is even more pessimistic with now Major 2 and IM B which will lead to an even bigger decline (IMC) than the SPX pattern,
To me it seems we now are facing a good old bull market with impulsive waves.
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Canadian banks technically set to loose 50% value
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NDX is no as bullish as its looks
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Day traders paradise – continues
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long NDX from 12727.
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“Perfect short tonight . . .”
Lmfao.
The perfect CONTRARY INDICATOR strikes AGAIN!
Bwahaahahahahaaaaaaaaa!!!
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NQ is trying for its 2nd target 12186? Perfect short tonight at its bottom anchor 12757. See last NQ chart
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Most of the sell-offs over the past year have only lasted 3 weeks or so…anyone think this one will be different? I’ve seen a lot of interesting counts lately.
https://www.invest-safely.com/stock-market-outlook-2021-03-07.html
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