Elliott Wave View: Further Weakness in Chesapeake Energy Corp (CHK)
Short Term Elliott Wave View on Chesapeake Energy Corp (ticker: CHK) shows 5 waves impulsive Elliott Wave decline from November 5 high. The bounce to $1.59 in the stock ended wave…
Elliott Wave View: Dow Jones Futures Ending 5 Waves Rally
Elliott Wave View on Dow Jones Future (YM_F) suggests the rally from October 3 low is unfolding as a 5 waves impulsive Elliott Wave. On the 1 hour chart below,…
Elliott Wave View: Bullish Outlook in Russell
Elliott Wave View on Russell (RTY_F) suggests the rally from October 3, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from Oct 3 low, wave…
Brexit and the Impact on Poundsterling
We conducted a Free Seminar "Brexit and the Impact on Poundsterling" on Saturday November 2, 2019. Below is a brief summary and the recording of the seminar. Latest development on…
Is US Dollar Topping?
The Fed's monetary stance has turned 180 degree this year. Recall last year the Fed talked about shrinking the balance sheet on auto pilot and raising interest rate. The QT…
Elliott Wave View: Nike Looking for Further Correction
Short Term Elliott Wave view on Nike suggests the rally to $97.05 on October 23, 2019 high ended wave 1. This rally started from August 6, 2019 low (77.5) as…
Elliott Wave View: Nikkei Incomplete Bullish Sequence Favors More Upside
Nikkei incomplete sequence from December 26, 2018 low and August 26, 2019 low, favoring further upside. A 100% Fibonacci extension from August 26, 2019 low comes at 23360 while 100%…
Elliott Wave View: DAX Remains Bullish
DAX shows a bullish sequence from December 27, 2018 low favoring further upside. Near term, the pullback to 11877 ended wave (2). Index has resumed higher in wave (3). Wave…
Elliott Wave View: Amazon Shares Price Recovers
Amazon (ticker: AMZN) shares price has recovered most of the losses due to the weak earnings. Short Term Elliott Wave view suggests the drop to $1617.71 ended wave II. This…