Elliott Wave View: S&P 500 (SPX) Turning Lower
Short term Elliott Wave view in S&P 500 (SPX) suggests that the decline from January 4, 2022 is unfolding as a double three Elliott Wave structure. Down from January 4…
Elliott Wave View: Nasdaq Resumes Lower
Short term outlook in Nasdaq (NQ) suggests the rally to 15270.96 ended wave ((X)). The Index has resumed lower in wave ((Y)), although it still needs to break below the…
Elliott Wave View: DAX in 7 Swing Pullback
Short term outlook in DAX suggests the decline to 12420.10 ended wave II. This ended the correction of the rally starting from March 2020 Covid-19 low. The Index has started…
Elliott Wave View: Gold Correction in Progress
Short Term outlook in Gold (XAUUSD) suggests the decline from March 8 peak is unfolding as a double three Elliott Wave structure. Down from March 8, wave (W) ended at…
Elliott Wave View: Dollar Index (DXY) Resumes Higher
Short Term outlook in Dollar Index (DXY) suggests the decline from March 7, 2022 peak ended in wave (4) at 97.68. Internal subdivision of wave (4) unfolded as a zigzag…
How Ruble Might Put a Floor in Gold and Vice Versa
The U.S. and its allies have administered economic and financial sanction to Russia as a result of the invasion to Ukraine. As part of this comprehensive sanction, US and its…
Elliott Wave View: Oil Looking for Further Pullback
Short Term outlook in Oil suggests the decline from March 7, 2022 is unfolding as a double three Elliott Wave structure. Down from March 7 peak, wave (W) ended at…
Elliott Wave View: NZDUSD Rally Should Continue
Short Term outlook in NZDUSD suggests rally from March 15, 2022 low is unfolding as a zigzag Elliott Wave structure. Up from March 15 low, wave ((i)) ended at 0.679…
Elliott Wave View: Hangseng Index Pullback Should Find Support
Short Term outlook in Hangseng Index suggests pullback to 18235.48 ended super cycle wave (II). This is a 4 year correction which started from January 2018 high. Super cycle wave…