The VIX index is finalizing an A-B-C corrective structure, with the C-leg forming as a diagonal. Price action suggests this structure is close to completion. Once the diagonal ends, the probability of a sharp upside move in volatility becomes highly likely. Why does this matter? A rising VIX reflects fear and risk aversion in the […]
VIX Index – Elliott Wave Analysis: Diagonal C Completion Read More »
Costco – The ABC correction may have completed, with the final C leg forming inside a diagonal structure. A sharp drop started from $1,066. Traders should wait for a potential corrective reaction before entering a short position. It’s important to note that as long as the diagonal channel remains intact, the zigzag structure can still
COSTCO ABC Structure Completed Read More »
The intermediate-degree wave 2 may be completing with an ending diagonal structure near $143. This formation typically signals exhaustion in bullish momentum and often marks the end of a fifth wave. If this diagonal holds and breaks downward, the minimum expected retracement lies around $135. A deeper move toward the $123–125 region is also possible,
NVIDIA – Ending Diagonal Signals Wave 2 Correction Toward $135 Read More »
Evotec After the sharp rejection from 8.50 EUR, price printed a three-leg correctivemove that bottomed at 6.50 EUR. The climb from 6.70 EUR is unfolding as anA-B-C zigzag rather than an impulsive five-wave rally. Wave map• Wave A: 6.70 → 7.20 EUR• Wave B: 7.20 → 6.90 EUR (deep, time-consuming pullback)• Wave C: now advancing
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The chart shows a fully completed 5-wave impulse structure at the top. This signals a potential break in the prevailing uptrend. The risk of a correction has increased, with a likely minimum pullback of around 15%, targeting the $280 level. Price action around the trendline and previous wave 4 support should be monitored closely. AJG
GALLAGHER (AJG) – Completed Impulse Wave Could Break the Uptrend Read More »
Rolls-Royce PATTERN• The rise from 6.58 € is unfolding as a corrective wave,sketching a classic five-leg **Ending Diagonal**.• Overlapping candles, slowing momentum and convergingtrendlines confirm the terminal nature of the move. KEY GUIDELINES1. **White rising trendline** = last line of bullish defence.2. A clean break of that line can launch a volatile,stop-hunting **B-wave**—often beginning with
Rolls-Royce – Alarm Bells Ringing: Ending Diagonal Risk Read More »
BTAI has likely completed an impulsive 5-wave decline followed by an ABC corrective structure. The final leg (v) of the downtrend appears to have ended near $1.35, where price action shows a reversal signal. Currently, price is attempting to recover and may retest the descending trendline and previous structure zone near $1.60 — a level
Bioxel Therapeutics Ending Diagonal Complete? Read More »
The entire rally from the April 7 low may be a corrective wave.Corrective structures often take complex shapes and can be deceptive.Despite the chance of testing $420 if $367 breaks on a gap-up open, a weak start or lack of volume could send the price down to retest the ascending trendline.If the trendline breaks, $295
TSLA – Is This Whole Rally Just a Correction? Trend Test and $29 Read More »
BURL has completed a full 5-wave advance within a rising channel, ending in wave (v) of C. Current price is testing the top of the channel with a minor upper wick breakout — a common occurrence in wave (5) tops. Historically, wave (5) often ends with a fake breakout above the channel, followed by a
BURL – Final Wave 5 in Rising Channel, Fake Breakout Possible Read More »
Altria (MO) is advancing within a rising ending diagonal structure. After completing wave 5 of wave C, price is currently moving upward within the wedge. Although there is no contact yet with the lower diagonal boundary, a third test remains structurally possible. Such formations often invite a final pullback to the base before resolution. This
Altria Group (MO) – Rising Inside Ending Diagonal Read More »