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Elliottt Wave View: S&P 500 (SPX) Pulling Back After Making All-Time High
Read MoreSPX ended cycle from July 25 low. The index is currently correcting that cycle. While above July 25 low, expect dips to continue to be supported.
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Elliott Wave View: Support Area for Russell 2000 (RTY)
Read MoreRTY is correcting the cycle from July 31 low in 7 swings. While above that low, expect the dips in 3,7 or 11 swings to find support for more upside.
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Forecasting The Bounce Higher in Soybean Futures (ZS_F)
Read MoreIn this blog, we are going to take a look at the Elliott Wave chart of ZS_F (Soybean Futures). The 4 hour chart update from August 9 shows that Soybean has ended the cycle from April 21 low as wave A at 910 high. The sub-waves of the rally unfolded as 5 waves impulsive structure. […]
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Elliott Wave View: Gold Miners (GDX) Ready to Resume Higher
Read MoreGDX ended the cycle from August 5 high as a zigzag correction. As long as August 12 low stays intact, expect dips in 3,7,11 swings to find support.
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Elliott Wave View: Ten Year Notes (ZN_F) Impulsive Decline
Read More10-year note decline lower from 8/5 high. While below that high, expect bounces in 3,7,11 swings to fail for more downside to correct cycle from 6/5 low.
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Elliott Wave View: Nikkei (NKD_F) Extending Higher
Read MoreNikkei extended higher from July 31 low. While above August 7 low, expect dips in 3,7 or 11 swings to find support for more upside.