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
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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 »
Considering the wave structure and the long-term trend zone ($2.20), the asset appears to be trying to stay within the trend. The downtrend that began in 2022 might be nearing its end. If it breaks the descending trendlines, the first target would be $3.5. A successful breakout above that level could open the door for
Is It Worth Taking the Risk for a Long-Term Investment? Read More »