Bank of England (BOE) decided to leave interest rate unchanged at a record low of 0.1% last week. This allows EURGBP to correct from seven month highs. After reaching the high at 0.95, EURGBP pulled back to 0.89 after BOE injected liquidity into the market The BOE has already cut the interest rate by 65 […]

Nasdaq Index (NQ_F) ended the cycle from February 20, 2020 high at 6628.75 as wave (a). Internal of wave (a) unfolded as a 5 waves impulse Elliott Wave structure. Down from February 20 high, wave I ended at 8126.25 and bounce in wave II ended at 9002.50. Index then resumed lower in wave III towards […]

Short Term Elliott Wave view in Apple (AAPL) suggests that cycle from February 13, 2020 high has ended at 212.6 low as wave w. Internal of wave a unfolded as a double three Elliott Wave structure Down from February 13 high, wave (W)) ended at 256.37 and wave ((X)) bounce ended at 304.15. The Index then […]

S&P 500 (SPX) ended the cycle from Feb 20 high as 5 waves and now in recovery in 3, 7 ,11 swing. This article looks at the Ellilott Wave path.

Elliott Wave view in Ten Year Notes (ZN_F) suggests that it has a bullish sequence from October 2018 low, favoring more upside. Near term, rally to 140.24 ended wave I and pullback to 133.2 ended wave II. Internal of wave II unfolded as a double three Elliott Wave structure. Down from 140.24, wave ((W)) ended […]

Seminar; Are World Indices Entering into a Crash Territory? We conducted a Free webinar on Friday, 20th March 2020 in which we explained whether the World Indices have entered a Crash Territory or not and why we were expecting 2009 cycle to end this year and a larger decline in the Indices to take place. […]