Elliott Wave View: S&P 500 E-Mini Futures (ES) Short Term Support Area
Short Term Elliott Wave in S&P 500 E-Mini Futures (ES) suggests the rally from September 25, 2020 low remains ongoing as a 5 waves impulse Elliott Wave structure. In the…
Elliott Wave View: Nikkei 5 Swing Sequence Favors Further Downside
Nikkei Futures (NKD) shows a lower low bearish sequence from February 16, 2021 peak. The Index also shows a 5 swing bearish sequence from June 15, 2021 peak. Both of…
Elliott Wave View: CADJPY Ended Cycle from June Peak
Short Term Elliott Wave in CADJPY suggests that the cycle from June 1, 2021 peak has ended in wave ((4)) at 85.4. The internal subdivision of wave ((4)) unfolded as…
Elliott Wave View: GBPJPY Ended Correction
Short Term Elliott Wave in GBPJPY suggests that the correction from May 27, 2021 peak has ended in wave ((4)) at 148.44. The internal subdivision of wave ((4)) took the…
Elliott Wave View: Oil Ended wave ((4)) Correction
Oil (CL) has ended wave ((4)) pullback on June 7 at 65.24. Since then, it has rallied and surpassed 50% of the drop that began on June 6. We saw…
American Airlines (AAL) One Year Later Perfect Reaction From Blue Boxes
The last time we talked about America Airlines (AAL) was in March of last year. When the market had crashed globally. At that time, we analyzed that AAL stocks had…
Elliott Wave View: NZDUSD Shows Incomplete Bearish Sequence
$NZDUSD shows incomplete bearish sequence from February 26, 2021 peak favoring further downside. A 100% - 161.8% Fibonacci extension from February 26 peak can see the pair reaching 0.646 -…
Elliott Wave View: Nikkei (NKD) Rally Likely to Fail
Elliott Wave structure of Nikkei (NKD) shows incomplete sequence from February 16, 2021 high as well as from June 15, 2021 high suggesting further downside is likely. From June 15…
Elliott Wave View: SPX Correcting Larger Degree Cycle
Since forming the bottom on March 2020 low, S&P 500 ($SPX) has started a new bullish cycle which brings the Index to all-time high. The entire rally from March 2020…