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Elliott wave Analysis: Gold renews the Path to $1450
Read MoreGold Short-term Elliott Wave view suggests that the decline from January 25.2017 high (1365.96) to February 08.2018 low ended Minor wave X at 1306.96 low. After reaching the 100%-123.6% Fibonacci extension area of ((w))-((x)) at 1306.70-1297.49 area. When internals in Minor wave X unfolded as Elliott Wave Double Three Structure, where each leg had an internal distribution of 3-3-3 […]
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Elliott wave Analysis: USDJPY calling for more downside
Read MoreUSDJPY Short-term Elliott Wave view suggests that the rally to 110.48 high ended Intermediate wave (4) bounce on February 02.2018 peak. Below from there, the decline is unfolding as an Ending Diagonal Structure within Intermediate wave (5) lower. Where Minor wave 1 ended at 108.44 low as Zigzag structure, Minor wave 2 bounce ended at 109.77 in a Double three […]
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Elliott Wave Analysis: Calling the low in place in Bitcoin
Read MoreBitcoin ticker symbol: ( BTCUSD ) Short Term Elliott Wave view suggests that the decline from December 17.2017 peak to February 05.2018 low (5920.72) ended the Super Cycle wave “(b)” lower. Above from there, the rally is unfolding as a leading diagonal Elliott Wave structure. Where Intermediate wave (1) ended at 9090.8 high as Elliott Wave Double three structure. Where internals of Intermediate wave […]
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Netflix (NFLX) Extending higher as an Impulse
Read MoreNetflix stock symbol: (NFLX ) Short Term Elliott Wave view suggests that the cycle from December 06. 2017 low is extending higher as an Impulse sequence with extension in Minute wave ((iii)) higher. When each leg has an internal distribution of 5 waves thus favoring it to be an impulse. These 5 waves move higher should end either […]
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DAX Elliott Wave View: Doing Double Correction
Read MoreDAX Short Term Elliott Wave view suggests that Intermediate wave (X) ended at 12732.48 on 1/02 low. A rally from there is unfolding as a 5 waves impulsive Elliott Wave structure where Minutte wave (i) ended at 12943. Minutte wave (ii) ended at 12881.5, Minutte wave (iii) ended at 13408.5. Minutte wave (iv) ended at 13328.5, and Minutte wave (v) of […]
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OIL (CL #F) Showing Impulsive Sequence
Read MoreOIL (CL #F) Short-term Elliott Wave view suggests that the rally from 55.82 December 07 low is unfolding as an impulse Elliott Wave structure with extension in 3rd swing higher, where each leg has internal oscillations of 5 waves thus favoring it to be an impulse. These 5 waves move higher should end the Intermediate wave (A) higher in an Impulse sequence. Afterwards, the […]