Russell is close to break above May 6, 2019 (1621.9). A break above will open up a bullish sequence. This article & video look at the Elliott Wave path.

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 Brexit suggests the deadline has been extended to January 31. PM Boris Johnson doesn’t get enough support by the MPs to ratify his Brexit deal. […]

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 (Quantitative Tightening) of $50 billion a month, according to former Fed Chair Janet Yellen, should be boring like watching paint dry. By July this year, […]

Nike decline from Oct 23 high looks impulsive and the stock can see more downside. This article & video looks at the Elliott Wave path.

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% extension from December 26, 2018 low comes at 23380. Until the Index reaches this area, short term dips likely remain supported in 3, 7, or […]

DAX sequence from Dec 27, 2018 low remains bullish and the Index can see further upside. This article and video looks at the Elliott Wave path.