Silver Short term Elliott Wave view suggests that the decline to December 12.2017 low 15.60 ended Intermediate wave (X). A rally from there 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, either ended Minor wave A in […]

SPX Short term Elliott Wave view suggests that the rally to 2664.58 ended Minor wave 1 as a Leading diagonal. Below from there Minor wave 2 ended as a zigzag correction at 2624.19 low, above from there Minor wave 3 remains in progress as a double structure. And showing the incomplete bullish sequence to the upside. The Minutte wave (a) of […]

SPX Short term Elliott Wave view suggests that the rally to 2664.58 ended Minor wave 1 as a Leading diagonal. Below from there Minor wave 2 ended as a zigzag correction at 2624.19 low, above from there Minor wave 3 remains in progress as a double correction and showing the incomplete bullish sequence to the upside. The Minutte wave (a) […]

SPX Short term Elliott Wave view suggests that the rally to 2664.58 ended Minor wave 1 as a Leading diagonal. Below from there Minor wave 2 ended as a zigzag correction at 2625.22 low, above from there Minor wave 3 remains in progress as a zigzag structure and showing the incomplete bullish sequence to the upside. The Minute wave […]

ES Short term Elliott Wave view suggests that the rally to 2669.73 ended Minute wave ((a)) higher of a zigzag Elliott Wave structure. Then the decline to 2651.94 low ended Minute wave ((b)) pullback as expanded flat structure. Where Minutte wave (a) ended at 2656.10, Minutte wave (b) ended at 2671.81 and Minutte wave (c) of ((b)) ended at […]

FCX ( Freeport Macmoran INC) Short-term Elliott Wave view suggests that the decline to November 15 low 13.25 ended Minute wave ((b)). Above from there, the stock is showing a strong rally to the upside and structure looks to be unfolding as an impulse Elliott Wave structure due to the extension in 3rd leg higher. Also, each leg has internal oscillations of 5 […]