Daud Bhatti

By Daud Bhatti    December 10, 2014    - 1 min read

Gold Short-term Elliott Wave Analysis 12.10.2014

We think the  yellow metal is in a triple three structure higher from 1131 low when wave (( Y )) ended at 1221. 2nd wave (( X )) ended at…

By Daud Bhatti    December 9, 2014    - 2 min read

SPX Short-Term Elliott Wave Analysis 12.9.2014

SPX500 cycle from Mid-October low is mature and expected to end soon. Index has met minimum requirements of the structure which makes it even more vulnerable but we don't like…

By Daud Bhatti    December 9, 2014    - 1 min read

AUDJPY Elliott Wave Setup Video

AUDJPY 12.8.2014 AUDJPY looks like is the 1st Yen pair to end the cycle from Mid-October low among Indices and Yen pairs. Today pair broke below 99.91 area so while below 101.36,…

By Daud Bhatti    December 8, 2014    - 2 min read

AUDJPY Short-term Elliott Wave Analysis 12.8.2014

Preferred Elliott Wave view suggests price action between 102.40 (11.16) - 99.91 (11.26) was a FLAT structure and completed wave (( w)). FLAT is a 3-3-5 structure in Elliott Wave…

By Daud Bhatti    December 5, 2014    - 1 min read

$FTSE Short-term Elliott Wave Analysis 12.5.2014

In our previous chart of the day updates posted on December 1 and December 2 , we were expecting the Index to rally and find buyers in the dips. Index…

By Daud Bhatti    December 3, 2014    - 1 min read

USDJPY Short-term Elliott Wave Analysis 12.3.2014

USDJPY has reached equal legs up from 117.20 as was expected during the weekend Elliott wave update. Another high toward 120.25 is still expected to complete the current Elliott wave…

By Daud Bhatti    December 2, 2014    - 2 min read

$FTSE Short-term Elliott Wave Analysis 12.2.2014

In yesterday's post we said FTSE dip was corrective and should find buyers soon for the next leg higher. Index rallied as expected and we think wave X low is…

By Daud Bhatti    December 2, 2014    - 2 min read

Gold: Elliott Wave Hedging

Gold dropped at start of the week and then rallied sharply. Let's take a look at where the yellow metal stands right now. We know commodities are in the process…

By Daud Bhatti    December 1, 2014    - 1 min read

FTSE Short-term Elliott Wave Analysis 12.1.2014

Index has been trending higher since forming a secondary low at 6448 i.e. wave (X). It has tested 0.618 - 0.764 ext area of (W)-(X) and has completed wave W…