Elliott Wave View: USDJPY Rallies Higher Together with Indices
Short term Elliott Wave View in USDJPY suggests it is correcting the cycle from March 24 high. Structure of the correction is unfolding as an expanded Flat Elliott Wave structure.…
Bullish Sequence in Eurostoxx (SX5E) Favoring More Upside
Earlier this week, news came out that a vaccine from Pfizer and BionTech has a 90% effectiveness. It triggered a big rally in the market on Monday. The U.S. and…
Elliott Wave View: Bullish Outlook in Oil (CL)
Short term Elliott Wave View in Oil (CL) suggests it ended wave II at $33.65 on November 2. Internal of wave II unfolded as a zigzag Elliott wave structure where…
Elliott Wave View: Further Upside in Nasdaq (NQ) Expected
Elliott Wave View in Nasdaq (NQ) suggests it is currently within wave ((5)) from March low. The Index still needs to break above wave ((3)) at 12465.25 on September 2…
Elliott Wave View: S&P 500 E-Mini Futures (ES) Resumes Rally Higher
Short Term Elliott Wave View in S&P 500 E-Mini Futures (ES) suggests that the Index remains within the cycle from March low as an impulse Elliott Wave structure. The 60…
Emerging Market (EEM) Looking to Outperform US Indices
Emerging Market has been lagging the US market in the past 10 years. One ETF which tracks the Emerging Market's performance is iShares MSCI Emerging Market (EEM). The ETF gives…
Elliott Wave View: Bitcoin Ending Impulsive Rally
1 Hour chart in Bitcoin (BTCUSD) below shows that the crypto currency is ending a wave 5 impulsive rally from September 8 low. The subdivision of wave 5 is unfolding…
Elliott Wave View: EURUSD Looking for Support Soon
EURUSD still shows an incomplete sequence from September 1 peak and has scope for further downside. Decline from September 1 peak is unfolding as a double three Elliott Wave structure.  Down…
Elliott Wave View: Nikkei (NKD) Ready to Extend Higher
Short term Elliott Wave view on Nikkei (NKD) suggests the Index ended cycle from October 9 peak in wave (2) at 22889. Subdivision of wave (2) unfolded as a zigzag.…
