Nikkei 7 swing Elliott Wave Structure
Today, we take a look at structure of the decline in Nikkei futures from 9.25.2014 peak. This decline is unfolding as a ( W ) - ( X ) – ( Y ) structure when ( X ) failed between 50 – 61.8 fib retracement area of ( W ). From the secondary (X ) […]
FLAT Elliott Wave Structure in SPX
We take a look at short-term price action in SPX500. We saw a perfect bounce from equal legs area in ( W ), rejection at 50% retracements, a marginal new low and then a very sharp rebound. Based on 9 swings down from 2019 and marginal new low before rallying impulsively, we think it’s doing a […]
EURGBP bounce expected to fail after 7 swings
Preferred Elliott Wave view suggests decline from 0.8065 – 0.7764 was a triple three (WXYZ) structure and completed wave ( A ). Wave ( B ) is in progress and taking the form of 7 swings structure. Wave “W” ended at 0.7860 and dip to 0.7817 was wave “X”. Pair has already made a new […]
Become an Elliott Wave Pro
If you’ve ever wanted to know how we see the market through the lens of the Elliott Wave Principle sign up for our FREE email updates to learn all the basics. We will provide FREE Elliott Wave educational multimedia delivered directly to your email!
Don’t worry we will never, ever share your email or personal information with any third party.