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
Evotec Elliott Wave view Read More »
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 »
The C leg of the ABC structure appears to be ending in a diagonal formation.If the channel breaks upward, the move may extend toward the 74₺ region.
MARKA – C Leg of ABC Ending as Diagonal 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 »
HSBC is currently trading within a rising wedge, but a potential short-term drop of approximately 5% could trigger a full ABC correction pattern. This scenario is not confirmed yet, as the chart remains structurally bullish. However, should the price reverse and break below the rising channel, it would likely mark the start of wave C,
HSBC (HSBC) – $54 Risk Zone if ABC Correction Is Triggered HSBC Read More »