EURJPY Elliott Wave Analysis 10.23.2014
In today’s video we take a look at EURJPY which we think is showing an incomplete sequence. Market moves between extensions of 100%, 123.6%, 161.8% and so on. Pair is showing 5 swings up from 134.13 low and while above 135.21 low, we expect to see another push higher and could reach as high as […]
Nikkei looking for 15591 – 15782 area
In today’s video, we take a look at short-term Elliott Wave Structure of Japanese Nikkei 225. Initial move up from 14402 low was in 3 waves which completed wave (( w )). After that Index made a 50% pull back which completed wave (( x )) and has since made a new high to 0.618 […]
$SPX Elliott Wave IV (RED)
Indices reflect human growth and hence have a bullish trend with declines being corrective in one degree or another. That’s why at Elliott Wave Forecast, we keep looking for a bullish path as far as that’s supported in our system. If the pivot gives up, then we look for a correction of a higher degree. […]
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