$SPX WEEKLY flat20160715090140

As Humans, we tend to form a worldview about everything. For generations, many great individuals have fought wars and lost lives because they have a firm belief in a particular worldview. The same thing can be applied in trading. In the world of trading, we too tend to have particular view about the direction of the market. However, as […]

  • Nikkei 225 Short Term Elliott Wave Analysis 5.20.2015

    Nikkei 225 Short Term Elliott Wave Analysis 5.20.2015


    Decline to 19054 completed wave ((X)), and the Index has since resumed the rally in wave W in the form of a double correction ((w))-((x))-((y)) where wave ((w)) ended at 19865, wave ((x)) ended at 19495, and wave ((y)) is in progress towards 20314 – 20507. Expect some profit taking from 20314 – 20507 area and the Index to pullback 3 waves lower […]

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  • S&P E-Mini (ES_F) Short Term Elliott Wave Analysis 5.19.2015

    S&P E-Mini (ES_F) Short Term Elliott Wave Analysis 5.19.2015


    Decline to 2057.23 completed wave X. Wave ((w)) rally from this level is unfolding in the form of a double correction (w)-(x)-(y). Wave (w) of ((w)) took the form of a double correction w-x-y and ended at 2113.5. Wave (x) of ((w)) also took the form of a double correction w-x-y and ended at 2079.25. Wave […]

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  • SPX Short-term Elliott Wave update 4.23.2015

    SPX Short-term Elliott Wave update 4.23.2015


    Since our last update on SPX500, Index pulled back to 2091 (50 fib) and has rallied to new highs as expected. Focus remain on 2122 – 2139 area to complete red wave “W” which we think would complete a double three i.e. ((w))-((x))-((y)) Elliott wave structure up from 3/11 (2039) low. This is where buyers […]

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  • $SPX Short-term Elliott Wave update 4.21.2015

    $SPX Short-term Elliott Wave update 4.21.2015


    Preferred Elliott wave view suggests a cycle from (x) low has ended and a pull back in wave “b” is in progress. 2091 – 2086 is the ideal area to complete this pull back and then we expect the rally to resume. Green arrow indicates the trend is up and also the line going toward “b” […]

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  • $SPX Elliott Wave Analysis 4.20.2015

    $SPX Elliott Wave Analysis 4.20.2015


    SPX500 dropped sharply on Friday in 5 waves. A 5 wave move doesn’t always mean that trend has reversed as a 5 wave move could be part of an Elliott Wave FLAT correction as well which we think was the case here as our bullish pivot at 3/26 (2044.92) low never gave up. As this […]

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  • SPX Short-term Elliott Wave Analysis 2.14.2015

    SPX Short-term Elliott Wave Analysis 2.14.2015


    SPX Index made a new high above 12/29 peak which opens another extension higher from 10/15 low. Move up from 2080 low is also taking the form of a (( w )) – (( x )) – (( y )) Elliott wave structure when Index is ending the 5th swing. Area between 2098 – 2111 […]

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