Elliott Wave View: Short Term Support Area for Tesla
Elliott wave view in Tesla (TSLA) suggests the stock rallies as an impulsive structure from September 25, 2019 low. The stock is currently within wave (3) and the internal is…
Elliott Wave View: Downside Target for Exxon Mobil
Elliott wave view in Exxon Mobil (ticker: XOM) suggests that the sequence from April 23, 2019 high (not visible in the short term chart below) is incomplete. Medium term downside…
How Much Farther Will US Dollar Rally?
The Dollar Index (DXY) continues to be firm and rallies higher since Dec 31.2019 low. Near term, it still has scope to extend higher towards 98.3 - 98.59 area which…
Elliott Wave View: Dow Jones Futures (YM_F) Within a wave ((4)).
Short term Elliott wave view in Dow Jones Future (YM_F) suggests that the Index is trading within a wave ((4)), and should be seeing more downside next week into a…
Elliott Wave View: Silver Has Scope for More Downside
Elliott wave view in Silver (ticker: XAGUSD) suggests that the sequence from January 8, 2020 high remains incomplete. As such, the metal still has scope to see more downside to…
Elliott Wave View: Tesla Ended Short Term Correction
Short term Elliott wave view in Tesla (ticker: TSLA) suggests the rally to $594.5 ended wave (3). The stock then corrected in wave (4) and the pullback ended at $538.66.…
Elliott Wave View: Oil Downside Target
Oil has extended lower and short term Elliott Wave view suggests the decline from 1.8.2020 high is unfolding as a zigzag Elliott Wave structure. Down from January 8 high, wave…
Elliott Wave View: EURUSD Can See Further Weakness
EURUSD short term Elliott Wave view suggests the decline from 1.6.2020 high is unfolding as a double three Elliott Wave structure. Down from January 6 high, wave ((w)) ended at…
Elliott Wave View: NZDUSD Zigzag Correction in Play
NZDUSD short term Elliott Wave view suggests the decline from 12.31.2019 is unfolding as a zigzag Elliott Wave structure. Down from 12.31.2019 high (0.6755), wave 1 ended at 0.6717, and…
