Elliott Wave View: Near Term Support for Russell 2000 Futures (RTY)
Elliott Wave view in Russell (RTY) suggests the rally from September 24 low unfolded as an impulsive Elliott Wave structure. Up from September 24 low (1426.20), wave 1 ended at…
Elliott Wave View: Impulsive Rally in IBEX
Elliott Wave view in IBEX suggests the decline to 6552.17 ended wave (1). Wave (2) rally is currently in progress as a zigzag Elliott Wave structure to correct the decline from…
Elliott Wave View: Nasdaq Futures (NQ) Extends Higher
Elliott Wave view in Nasdaq Futures (NQ) suggests the pullback to 10665.49 ended wave ((4)). The Index has resumed higher in wave ((5)) and the rally from wave ((4)) is…
Elliott Wave View: Facebook (FB) Reaching Support Area
Elliott Wave view in Facebook (FB) calls the rally from September 21 low as a 5 waves impulse Elliott Wave structure. In the short term chart below, wave 2 is…
Elliott Wave View: Dow Futures (YM) Looking to Extend Higher
Elliott Wave view in Dow Futures (YM) suggests that the rally from March 23, 2020 low remains in progress as a 5 waves diagonal Elliott Wave structure. In the 45…
Is Fiscal Stimulus the Next Catalyst for US Dollar Decline?
The second stimulus bill currently under negotiation may be the next catalyst for the decline in US Dollar. The negotiation between Democrat and Republican gained urgency last week as President…
Elliott Wave View: Nifty Found Support for Next Leg Higher
Elliott Wave view of Nifty suggests the cycle from March 24 low still remains in progress as a 5 waves impulse. The 30 minutes chart below shows the rally to…
Elliott Wave View: Further Downside to End Gold Correction
Elliott Wave view of Gold (XAUUSD) suggests the decline from September 1 high is unfolding in impulsive Elliott Wave structure. Down from September 1 high, wave ((i)) ended at $1915.8,…
Elliott Wave View: Further Downside in Pound Sterling
Elliott Wave View of Pound Sterling (GBPUSD) suggests the cycle from September 1 high remains incomplete. The decline from there is unfolding as zigzag Elliott Wave Structure. Down from September…
