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Friday, December 14, 2018

Elliott Wave Update ~ 14 December 2018

Updated primary count:
Again, if this is a wave (iii) of [iii] down, the wave structure predicts it will be a panic selling moment soon enough.
3 month yield still way ahead of Fed rate. They will be forced to raise again if this keeps up.
Barely a dip from the highs and France is already rioting. Social mood is in a precarious state worldwide.
The wave count for gold calls for an eventual thrust in prices higher.




Wednesday, December 12, 2018

Elliott Wave Update ~ 12 December 2018

If the count is correct, the market is approaching a powerful "three of three of three" down very soon.
This would be a powerful bear market move in price and fear. Prices would smash through the pivot lows of [a] of 4 back established back in February 2018

Thursday, December 6, 2018

Elliott Wave Update ~ 6 December 2018

5 wave pattern down in the 10 minute chart. Expect a Fibonacci retrace.
We have a lower low than the previous pivot low - pink (b) - which indicates a triangle is not in play.