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Elliott Wave Analysis: DAX Ready For Rally Higher?
Read MoreDAX short-term Elliott wave analysis suggests that the pullback to 6.28.2018 low ended intermediate wave (2) at 12088.56. Up from there, the rally higher to 12769.8 higher ended Minor wave 1. The internals of that rally higher took place as impulse structure with internal sub-division of 5 wave structure in Minute wave ((i)), ((iii)) & ((v)). […]
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Bitcoin Elliott Wave Analysis: Close to Ending 5 Waves
Read MoreBitcoin Ticker symbol: $BTCUSD short-term Elliott wave analysis suggests that the decline to $6072 low ended Minor wave 2 pullback. The internals of that pullback unfolded as Elliott wave Flat correction where Minute wave ((a)) ended in 3 swing at $6445.31 low. Minute wave ((b)) bounce ended in 3 swing at $6820 high and Minute […]
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Elliott Wave Analysis: Amazon May Start Another Extension Higher
Read MoreAmazon ticker symbol: $AMZN short-term Elliott wave analysis suggests that pullback to $1646.48 low ended intermediate wave (2). Above from there, the stock is rallying higher in intermediate wave (3) higher. The internals of that extension higher is unfolding as Elliott wave impulse structure with sub-division of 5 waves structure in lesser degree Minor wave 1, […]
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OIL Elliott Wave Analysis: Larger Correction Taking Place?
Read MoreOIL short-term Elliott wave analysis suggests that the rally to $75.28 high ended cycle degree wave III. Down from there, the larger correction in cycle degree wave IV is taking place in 3, 7 or 11 swings before Oil resumes higher. The internal of the first leg of the decline from $75.28 high took place […]
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Elliott Wave Analysis: USDJPY Rallying Higher As Impulse
Read MoreUSDJPY short-term Elliott Wave analysis suggests that the pullback to 110.28 low ended Minute wave ((ii)) pullback. The internals of that pullback unfolded as Elliott wave Flat structure where Minutte wave (a) ended at 110.77. Up from there, bounce to 111.11 ended Minutte wave (b), and Minutte wave (c) of ((ii)) ended in 5 waves at 110.28 low. […]
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Elliott Wave Analysis: Amazon Showing Impulse Rally
Read MoreAmazon ticker symbol: $AMZN short-term Elliott wave analysis suggests that the cycle from 6/25/2018 low ($1646.31) is rallying higher in an impulse structure. This suggests that the internal sub-division of each leg higher is unfolding as 5 waves structure of lesser degree i.e Minute wave ((i)), ((iii)) & ((v)), whereas Minute wave ((ii)) & ((iv)) […]