Elliott Wave View: Google (GOOGL) Ending 5 waves Impulse
In the aftermath of COVID-19 selloff, Alphabet (GOOGL) formed a low on March 23, 2020 at 1008.87. From there, the stock is rallying as a 5 waves impulsive Elliott Wave structure.…
Elliott Wave View: Impulsive Rally in DAX From March Low
The rally in $DAX from March 16 low is unfolding as a 5 waves impulsive Elliott Wave structure. Up from 3.16.2020 low, wave (1) ended at 9145.93 and pullback in…
Elliott Wave View: SPX Rally from March Low as an Impulse
Short Term Elliott Wave view suggests that the rally in $SPX from March 23 low is unfolding as a 5 waves impulsive Elliott Wave structure. Up from 3.23.2020 low, wave…
Elliott Wave View: Rally in EURJPY Expected to Fail
EURJPY broke below September 3, 2019 low (115.86) and pair now shows a lower low sequence from February 2018 high and January 2020 high as the video below explains. Near…
Gold against Euro Dollar (XAUEUR) Running to All-Time High
IMF (International Monetary Fund) projects the European nations will experience a 7.5% GDP contraction this year. EU nations have been some of the hardest hit by Covid-19. Even before the…
Elliott Wave View: GDX Extends Higher to 7 Year High
Elliott Wave view in Gold Miners ETF (GDX) suggests the rally from March 16, 2020 low is unfolding as a 5 waves impulsive structure. Up from March 16 low, wave…
Elliott Wave View: Bank of America (BAC) Resumes Lower
Elliott Wave view in Bank of America (BAC) suggests the decline from January 15, 2020 high is unfolding as a 5 waves impulse. Down from January 15 high, wave (1) ended…
Elliott Wave View: SPY Looking for Pullback Soon
Short Term Elliott Wave view in S&P 500 ETF (SPY) suggests the rally from March 23, 2020 low low is unfolding as a 5 waves impulse. Up from 3.23 low…
Elliott Wave View: Impulsive Rally in Nasdaq Favors Upside
Short Term Elliott Wave view in Nasdaq suggests the rally from April 8, 2020 low is unfolding as a 5 waves impulse. Up from 4.8 low, wave (1) ended at…