F
fibo_trader
Behold yet another example of the magnificent 3rd WAVE action ...... afterburners wide open full throttle
8:20 PM Sunday, April 12, 2020
Keping an eye out for any sign that the 3rd wave is offshore
For Trader333
Try not to ban me before this move is completed.
Markets are closed, its sunday evening in California
Keep eye on XLF ..... the Financial Select Spyder ETF ......... the entire financial sector rests on this cat
The rally from the March 23rd Crash low is in a clear 3-wave move up. Now dig this: A 3-wave move is an A-B-C, right? Now look at the measurement of wave C. It is exactly equal to wave A. This is very common in Wave technology ....... i.e. C=A. Now notice that if this is just a fake out, then the rally can extend all the way up to 161.8% which is right near the 61.8% retracement level. My my my. It gets tricky.
The rally could be over already with the C = A perfect hit.
then there is the 50% retracement that the rally is just shy of. It is drawn there like a magnet.
So I drew a trendline on 1H to get a feel for BEAR's Heart. Do you see the perfect 1H trendline, T3?
I called the exit from the entire rally on Friday before market close.
We will see tomorrow if I am justified in doing so
View attachment 277913
For Trader333 ....................
See my post last week, this is a reminder, Nasdaq hit a perfect 50% retracement level on Friday.
View attachment 277915
Note that NO expert in the world is expecting a rally, they are all expecting more death and carnage with no let up.
LONDON FTSE 100 when/if Rally, then targets after completing an alleged 5-wave move down. There should be a 3-wave upmove = rally. The rally will go into the target box. It will end around the 38.2% retracement level marked with 3 yellow diamonds. Sure it can go higher into the box. But my expectation is as shown.
Wave B also has the option to turn into a complex wave itself instead of merely being a zigzag. It could be a triangle which will spread out the time it takes to complete the entire rally. This might be a good thing because the rally should bring some peace and quiet from the corona virus hocus-pocus, asinine, hovine, bovine, typical HERD of cattle response to it. Chinks might be laffing their asses off at how America was sent scurrying indoors into a lockdown.
Chart for rally expectations is shown below on weekly to give a view of the entire wavecount starting from the FIBO-called 2018 Top.
That FIBO, an American called the TOP, might have serious consequences for FIBO hissself. 7th banning? I'm always ready for punishment anyway, my bum is black and blue from all the whippings I've received in this lifetime already in Boarding School. I'm used to it. Trouble just follows a Man of my intemperate disposition.
View attachment 276498
Interest Rates = scintillating pleasure? Yeah, but pales in comparison to the perfect pleasure - a girl with the Golden Ratio body, walk and voice, all at a perfect 61.8%. Others like this? Not yet
She's fashionably lean and fashionably late
She'll never wreck a scene, she'll never break a date
But she's no drag, just watch the way she walks
She's a 20th century fox
Since her mind left school, she never hesitates
She won't waste time on elementary talk
The voice at 0:44