Dow Jones (INDU) forecasting the rally & buying the dips

Dow

Hello fellow traders. Here's a short capture from the Strategy of the Week video 10/16 2016 held by EWF Senior Analyst Daud Bhatti. Daud presented Elliott Wave count of Dow Jones Industrial Average and explained the swings structure. The Index was having incomplete bullish swings structure in the cycle from the January 21st low. Our Elliott Wave Forecast suggested further rally once (X) blue pull back completes as double three structure. In shorter term INDU was correcting the rally from the … [Read more...]

SPX and The Presidential Cycles

SPX and Presidential Cycle

The Market, for years, has been seen as a reaction to a series of events around the world and how investors react to those events. Without any question, the United States of America presidential election is one of most watched events around the World. We at Elliottwave-Forecast.com, believe in the idea that the Technical trade is able to anticipate the future and we have proved that time and again over the years. Looking at the SPX cycles since the all-time lows, it is very clear how every swing … [Read more...]