ASX ($XJO): Showing 5 waves up from 2/7

$XAO-ASX 6020170219042015

In this Technical blog we are going to take a quick look at ASX ($XJO-ASX) All ordinary from Australia cycle from February 2017 lows, here's the short review of previous blog from February 1, in which the index was showing 5 swings corrective sequence from January 09,2017 peak & we were looking for 1 more leg lower at our blue box buying area. But then index broke the 1 hour invalidation level & truncated the last leg lower. Since then index has rallied significantly & broke to new … [Read more...]

Copper( HG #F) buying the dips after Flat structure

Elliott Wave update Copper

Hello fellow traders. In this technical blog we’re going to present the past Elliott Wave charts of Copper (HG #F) published in members area of www.elliottwave-forecast.com . As our members know, we were pointing out that Copper is within bullish cycle from the December 23th low. Structure has been calling for more strength once ((x)) pull back completes as Expanded flat. We recommended our members to keep buying the dips in 3,7,11 swings. Before we take a look at the Copper (HG #F) Elliott … [Read more...]

NASDAQ Composite: Elliott Waves calling higher

COMPQ-240-1-25 edited

in this technical blog, we are going to take a quick look at past performance of NASDAQ Composite charts from January 2017, which we presented to the clients at elliottwave-forecast.com. Below is the 4 hour chart from January 18,2017, showing the sequence of higher highs in the index from November 04,2016 lows. Also if we count the swing sequence, we can clearly see that the price action from November lows looks to be in 9 swings or 5 swing sequence, which needed some more upside to reach the … [Read more...]

GBPJPY Bullish Trend Starting? Part 2

GBPJPY, elliottwave, elliott wave, price action, PA, technical anlysis, pattern, trend, bullish

GBPJPY Technical Analysis February 10/2017 To view GBPJPY Bullish Trend Starting? Part 1 published January 19/2017 click here > Part 1 GBPJPY 4 Hour Bullish Pattern : On the 4 hour chart we can see a Bullish Pattern (Red) triggered at the BC 0.50% Fib. retracement level where it has since bounced higher. A strong breakout and candle close above the 4 hour Supply/Demand trend line (Blue) can signal that the pair will continue higher. Traders should watch for this … [Read more...]

AAPL reached first target area at 128.16-131.34

AAPL 4 Hour Elliott Wave Analysis 1.23.2017

Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of Apple ( AAPL) published in members area of www.elliottwave-forecast.com. We’re going to explain the structure and see how we guided our members through this instrument. AAPL 4 Hour update 01.23.2017 Elliott Wave structure is showing incomplete bullish sequences in the cycle from the 11.14 (104.1) low.  We're having 5 swings up from the mentioned level, suggesting more upside while … [Read more...]

ES_F Strategy of the day, buying the dips

ES_F Strategy

Hello fellow traders. In this technical blog we're going to take a quick look at another nice trading example of ES_F.  The video below is a short capture from the ES_F Strategy of the day video 01/10/2017 published in members area of www.elliottwave-forecast.com ES_F strategy: S&P 500 E-mini futures is showing an incomplete bullish swing sequencs in the cycle from the 11/09 2016 low. It remains bullish against the December 30th low and looking for more strength to complete the cycle.  … [Read more...]