Dr. Arnout Ter Schure
Financial Analyst
Is The Correction For Ethereum Almost Over?
From $2300 to $4000 in Two MonthsUnfortunately, it has been over two months since we last provided a public update on Ethereum (ETHUSD) when it was trading at around $2300; see here. Back then, we expected ETHUSD to correct to ideally $1950+/-150 before i...
6 months ago
Did the NASDAQ 100 Top in March?
The Recent All-time High Was Made Three Weeks AgoIn our previous update from late March, see here, we assessed where the NASDA100 (NDX) could ideally top using the Elliott Wave Principle (EWP), and we postulated back then:“…When we assess the daily chart,...
6 months ago
Is Bitcoin’s Dip Buying Opportunity Here?
Bitcoin Peaked And, So Far, Has Bottomed Out As ExpectedThree weeks ago (see here), we showed Bitcoin (BTCUSD) continued to follow the fractal with the January 2021 correction, and based on our Elliott Wave Principle (EWP) analyses, we found that“… we sho...
5 months ago
Did the S&P 500 Put in a Multi-year Top?
Warning Levels Are There For A ReasonIn our update from early March, we anticipated using the Elliott Wave Principle (EWP)“…. However, if, like last, the index breaks higher because the bears fail to break below critical levels and reach the next target z...
5 months ago
Is Ethereum Ready to Launch to $5000?
The Downside Target Was ReachedIn our last update, we found using our Elliot Wave Principle (EWP) count that Ethereum (ETHUSD) was in the final phase of its correction:“Otherwise, we continue to view Ethereum in … grey W-iv to ideally $2950+/-150 before t...
5 months ago
Is Ethereum Ready to Rally to $5000+?
A 50% Decline Within a 365% RallyLike many others, the second-largest cryptocurrency, Ethereum (ETHUSD), topped out in March this year. It has lost almost 50% since. However, we must remember that ETHUSD bottomed out over two years ago, on June 18, 2022,...
2 months ago
NASDAQ100: Will the Next Leg Lower Start Soon?
Lower Than Higher Came and WentWe primarily use the Elliott Wave Principle (EWP) to forecast the financial markets, such as the NASDAQ100 (NDX). The EWP identifies the potential paths the market can take based on known patterns, which must adhere to price...
2 months ago
Bitcoin Topped in March. Is There More Downside to Come?
Back to the Drawing BoardAlthough in our previous update from late July, we were, correctly, looking for lower prices ($60+/-2K), we got more than we bargained for: $49K on August 5. Moreover, we stated, “Only a break below the July 5 low at $53528 will p...
1 month ago
NASDAQ 100: Has the Next Leg Lower Started?
The Upper End of the Retracement Rally’s Target Zone Was ReachedFor those new to our work, we primarily use the Elliott Wave Principle (EWP) to forecast the financial markets, such as the NASDAQ100 (NDX). The EWP allows us to identify the path the market...
1 month ago
Did the S&P 500 Put in a Major Bottom?
Three or Five Waves Up? It Didn’t Matter as Both Were Looking HigherWe primarily track the S&P 500 (SPX) using the Elliott Wave Principle (EWP). The EWP allows us to identify the market’s potential paths based on known patterns, which must adhere to s...
1 month ago
Ethereum to $900 or $9000?
August’s Unimpressive Rally Leaves a Lot to be DesiredLike many others, the second-largest cryptocurrency, Ethereum (ETHUSD), bottomed on August 5 at $2121, rallied overlappingly until the end of the month, and sits today at around $2480. It’s not the mos...
1 month ago
Bitcoin to $9000 or $90000?
August’s Unimpressive Rally Leaves a Lot to Be DesiredThe largest cryptocurrency, Bitcoin (BTCUSD), bottomed on August 5 at $49202, rallied overlappingly until the end of the month, and sits as of writing at around $58167. An 18% gain in a month in the cr...
1 month ago
NASDAQ100: Higher First Before Lower Again?
Our Warning Levels Facilitated an Easy 800p TradeIn our last update from late August, see here, we assessed, using the Elliott Wave Principle (EWP), whether the NASDAQ100 (NDX) was ready to move lower and found that“The index has dropped below the blue fi...
1 month ago
S&P 500 Update: Will the FED Crash the Market?
The Dreaded Contracted Ending DiagonalWe primarily track the S&P 500 (SPX) using the Elliott Wave Principle (EWP). Since we cannot predict the future, the EWP can help us identify the most likely path. However, since financial markets are non-linear,...
4 weeks ago