ChelsTransfer

$GOOGL MONTHLY WAVE COUNT NOW WAVE A CAN GO DEEPER, BUT IT SHOULD GET A RELIEF BOUNCE WAVE B MAYBE 2-3 MONTHS, THEN THE REAL FLUSH. MY GUESS THAT LINES UP WITH DECEMBER RATE HIKE. A lot of CHARTS WILL GET DECEMBER FLUSH ON A RATE HIKE + 23 HOUR TRADING + Anthropic SUPPLY HITTING THE MARKETS. Wave 1: late-2022/2023 recovery into roughly $190–200. Wave 2: early-2025 correction toward ~$140. Wave 3: explosive advance into the ~$330–350 zone. Wave 4: sharp reset toward ~$270. Wave 5: final acceleration/blow-off into $408.61. Wave A: $408 → approximately $315–320 That is a ~22% correction and gets price almost perfectly into the 61.8% retracement zone. Wave B: If $315–320 holds, a countertrend rally toward approximately $345–360 would be extremely reasonable. The 38.2% line around $357.77 becomes the obvious target/magnet. But this is the trap: Wave B rallies often look like the bull market is completely back. They can be violent enough to suck everyone back in before Wave C starts. The level I would watch hardest: $320 This is almost beautifully binary. Hold $315–320: → supports the idea that Wave A is completing → opens the door for a Wave B relief rally → first area ~$340–345 → major target ~$355–360 Lose $315 decisively on monthly/weekly structure: → tells me Wave A probably isn't finished → ~$300 becomes vulnerable (DAILY GAP FILL AT $305) → then ~$275–285 becomes the next major structural area. And Retracement around ~$270–275 is where the chart gets really interesting. That area roughly corresponds with prior MONTHLY Wave 4 zone, which Elliott technicians frequently watch because corrections after a completed 5-wave impulse often retrace toward the previous fourth-wave territory. = 2022 low → 2026 high = complete 5-wave secular impulse If that's correct, then the correction following $408 doesn't necessarily end at $320. A completed five-wave advance is normally followed by a correction of the entire five-wave sequence, not simply Wave 5. That makes The $270-ish Wave C zone extremely plausible. From $408.61: $357.77 = 38.2% area ~$340 = 50% neighborhood ~$320 = 61.8% area ~$270–280 = prior Wave 4 / larger structural support The convergence around $270–285 is what catches my eye most. That would be roughly a 30–34% drawdown from the high, substantial enough to reset sentiment without destroying Alphabet's longer-term secular bull thesis. My probability tree from this chart alone I'd frame it roughly: 50% — A → B → C correction $320-ish holds → bounce $345–360 → eventual C-wave toward ~$280–300. 30% — Wave A extends immediately $320 fails → $300 → ~$275 without much of a meaningful B rally first. 20% — Correction already largely complete $320 holds → earnings/catalyst → $360 reclaim → eventually re-attack $408. Near-term catalyst: Alphabet reports Q3 earnings Wednesday, October 28. Yahoo Finance That makes this setup even more fascinating because earnings could literally become the event that decides whether $320 marks Wave A termination or merely another stop lower. xitter.twitterapi.xyz/JP_Money_95630/creator…