Daud Bhatti

Preferred Elliottwave view is that CL_F (Oil) is correcting 4 hour cycle from 97.37 (3.17.2014) low and can reach  as low as 101.30 (61.8 fib)before rally resumes. Shorter cycles suggest suggest…

Preferred Elliottwave view is that CL_F (Oil) is correcting 4 hour cycle from 97.37 (3.17.2014) low and can reach  101.21 – 102.48 before rally resumes. Shorter cycles suggest suggest recovery seen…

Preferred Elliottwave view suggests dip to 101.21 completed a corrective cycle from 102.79 peak. We have seen a 7 swing move higher from 101.21 - 102.26 which we believe completed wave…

Preferred Elliottwave view suggests drop from 0.8130 to 0.7956 was a WXY structure and complete wave A. Wave B is also taking the form of a 7 swing or WXY structure…

Index has almost reached the equal legs up from 5.16.2014 marked as red wave X on the chart.  Break of rising 1 hour trend line or a similar break in…

Index has almost reached the equal legs up from 5.16.2014 marked as red wave X on the chart.  Break of rising 1 hour trend line or a similar break in…

USDCAD decline from 1.0960 stalled @ equal legs which we believe completed wave A of ( C ). Since then, pair has been trading sideways making marginal new highs and…

Preferred view is  that cycle from 22.17 high is over i.e. wave ( A ) and wave ( B ) bounce is in progress. Following a pull back in wave…

Preferred view suggests dip to 10667 completed wave B of Y. Index can reach as high as 11403 to complete wave ( W ). Index should then do a larger…