In this blog, we are going to take a look at the Elliott Wave chart of Palladium (PA_F). The 1 hour NY Midday chart update from September 3 shows that wheat has ended the cycle from August 12 low as wave (3) at 2415 high. Elliott Wave theory dictates that 3 waves pullback should happen afterwards […]

EURGBP is correcting against cycle from 9/3 low as zigzag correction. Pair can reach blue box area soon where it can see 3 waves bounce at least from there.

FTSE ended cycle from 8/12 high. The bounce has reached blue box area where sellers can appear for more downside or 3 waves pullback at least.

Dow Futures correction against 6/15 low is proposed complete at 9/9 low. While above that low, dips in 3,7,11 swings can find support for more upside.

Nikkei is correcting the cycle from April 2 low as a double three correction. While below September 3 high, Index can extend lower before upside resume.

In this blog, we are going to take a look at the Elliott Wave chart of Wheat Futures (ZW_F). The 4 hour chart update from August 13 shows that wheat has ended the cycle from June 27 low as wave (A) at 551.6 high. The sub-waves of the rally unfolded as 5 waves impulsive structure. […]