GBPNZD and GBPAUD Elliott Wave Outlook in Crucial Brexit Final Weeks
UK Prime Minister Boris Johnson successfully negotiated a new Brexit deal with EU. However, last Saturday the Members of Parliament (MP) rejected his campaign to take Britain out of the…
Elliott Wave View: Nasdaq Pullback Should Continue To Find Support
Nasdaq shows a short term Elliott Wave bullish sequence from August 6, 2019 low favoring more upside. The pullback to 7480.72 ended wave (2) and the Index is now in…
Elliott Wave View: S&P 500 (SPX) Looking to Break to All Time High
S&P 500 (SPX) has been sideways since January 2018 and it's also sideways more recently since July 26 high. After forming peak at January 22, 2018 at 2872, the Index…
Elliott Wave View: BAC Starts the Next Leg Higher
Bank of America (ticker: BAC) shows an Elliott Wave bullish sequence from August 15, 2019 low, favoring further upside. The decline to 27.19 ended wave (2) and the stock has…
Elliott Wave View: Nikkei Buyers in Control
Nikkei shows Elliott Wave bullish sequence from December 26, 2018 low and August 26, 2019 low. This suggests that buyers are in control and favors further upside in the Index.…
Elliott Wave View: Bullish Sequence in DAX
DAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure.…
Poundsterling Soars as UK and Irish Leaders Find Pathway to Brexit Deal
The last ditch Brexit talks between British and Irish leaders last week yield unlikely breakthrough. Both leaders issued an upbeat statement after the meeting, saying they see a pathway to…
Elliott Wave View: Rally in Amazon (AMZN) Can Fail
Short term Elliott Wave view of Amazon ($AMZN) suggests the decline to 1685.06 ended wave (A). Internal of wave (A) unfolded as a 5 waves impulse Elliott Wave structure. On the…
Elliott Wave View: Further Downside in Netflix
Short term Elliott Wave view suggests the rally to $299.5 in Netflix ($NFLX) ended wave 2. From there, the stock resumed lower and ended wave 3 at $252.03. Internal of…
