@Elliottwave_Forecast:Elliott Wave View: NVDA Bullish Momentum Looking for More Upside May 23, 2023 By EWFHendra Short term Elliott Wave View in Nvidia Corporation (ticker: NVDA) suggests that rally from 4.26.2023 low is unfolding as a 5 waves impulse Elliott Wave structure with extension. Up from 4.26.2023 low, wave ((i)) ended at 290.58 and dips in wave ((ii)) ended at 272.40. Stock has resumed higher in wave ((iii)) which subdivides into another 5 waves in lesser degree. Up from wave ((ii)), wave i ended at 276.6 and wave ii ended at 273.80. Wave iii ended at 287.55, pullback in wave iv ended at 283.50, and final leg wave v ended at 292.20 which completed wave (i). Pullback in wave (ii) ended at 280.42 with internal subdivision as a zigzag structure. Down from wave (i), wave a ended at 284.5, wave b ended at
@bs6969:🐯🐻🧸🐻❄️📉🧸🐻📉Spy is bearish due to the debt ceiling I might enter sneakingly after the correction maybe Friday $SPDR ETF(SPY)$ I feel we are not facing a simple binary outcome when it comes to the debt-ceiling standoff. There are several potential scenarios that could unfold, each with its own implications for the markets and investors. Let's explore some of these possibilities: Last-Minute Deal: In this scenario, President Biden and House Speaker McCarthy manage to reach a compromise before the deadline. While this outcome would likely provide temporary relief to the markets, it could still involve spending cuts that could act as a fiscal drag on the economy. Consequently, equities and non-government bonds