jsgadgil

jsgadgil Updated 

SMCI has been correcting in a complex zig-zag correction. It has completed triple Zig-Zag, correction seems over as per Wave-3 max pull back and seems to be headed towards 54 in short time, provided some conditions are met. Conditions: a) Correction should stop at around this level or can go max till ~38.23, what it means is, price damage should stop, we may...

jsgadgil

AVGO has completed its lower degree 5 waves and higher degree wave-3. Currently it is correcting in ABC waves. Blue line depicts probable path it may take correcting and then taking turn up towards a target of 315, which completes its higher degree Wave-5 and mostly larger Wave-5(Wave-V). How can one enter ? Wait for price to correct and make a entry...

jsgadgil Updated 

INTU seem to have completed complex ABC correction,. Its last corrective leg had XYZ correction (provided we see break out from current segment) It seem to be heading towards ~700 in coming weeks/months Can the pattern change ? Yes we may have a Z wave hitting channel bottom, or one more larger ABC may play out for next few months (this is low probability) If...

jsgadgil Updated 

BTCUSD continues to be correcting till 48K-62K band, this is weekly chart so it will take time. Current up-move seems to be X wave as indicated., Why 51-62K is the band where correction will end ? a. Technical divergence gets resolved here b. 1.618 Fib relation of assumed corrective Wave-W falls in this band Can the current rising segment impulsive ? No because...

jsgadgil Updated 

Gold had a good run up from ~1600 levels to ~3500 level. It seems to have completed Wave3 and has ended week with Shooting start candle. Invalidation : This view of correction is invalidated if Gold closes above 3500 as part of weekly close. The correction time period may be around 6~8 months.,

jsgadgil Updated 

PLTR seems to have completed complex correction and moving in a impulse structure towards a larger goal of 250 in 1 to 1.5yrs to complete its larger degree Wave-3. Invalidation level: Daily close below ~66.95 and below...

jsgadgil

After a 2+ months correction Robinhood seems to have broken out of complex ABC correction and can head towards 240 in coming months., Current rise is impulsive so the probability of holding this view is high., will update as the price progresses.,

jsgadgil Updated 

CNX IT has seems to have completed ABC correction, it has also resolved divergence, and is ready for next impulse Up move

jsgadgil Updated 

Analysed 1Hr chart: SPX 500 is correcting from around FEB 25th It has has been correcting in complex ABC pattern Within last Leg that is C, it has been doing W-X-Y correction. Will it have one more Z leg ? YES : If it retraces/does not cross previous high When this structure will be invalid ? When a hourly close is below 5096. What is the road map if the...

jsgadgil

TSLA may be completing its complex correction before it starts its next impulse., This view is invalidated if it closes on weekly basis below : 138