Nasdaq made some nice move up recently, looks like a contra-trend that can be finished now with an ending diagonal in C. The reason is a sharp rise, that looks like an impulse, so more upside can be expected after near-term retracements. Support is at 29k.
AUDJPY shows five waves up, thats a bullish pattern, meaning more upside can be expected after a-b-c down with support at 111-111.50.
IREN continues to strengthen its position as a hybrid Bitcoin mining and AI infrastructure company, with NVIDIA Exemplar Cloud status on GB300 NVL72 and Horizon 1 being delivered to Microsoft. The company operates large-scale facilities powered by renewable energy while expanding its high-performance computing capabilities to support growing demand for AI workloads. From an Elliott […]
Crude oil is sharply recovering in an ongoing five-wave bullish impulse, with the rally reviving inflation concerns and pushing Asia-Pacific government bonds lower ahead of Wednesday’s US CPI report. Oil has held its gains as Trump’s new demands on Iran cloud the outlook for a deal to reopen the Strait of Hormuz, while markets now […]
Tether Dominance (USDT.D) is testing the same levels seen in 2021/2022, when it topped in wave 5 while Bitcoin was completing its bearish cycle on a weekly basis. If history repeats, an ABC corrective structure could still be developing, with wave C potentially still missing. On the 4-hour chart, USDT.D has already completed a five-wave […]
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