EURUSD shows an incomplete sequence from Feb 16, 2018 high favoring further downside while below March 9 high (1.1496). Near term, the decline from March 9, 2020 high (1.1496) ended wave ((1)). Bounce in wave ((2)) is unfolding as a zigzag Elliott Wave structure where wave (A) ended at 1.1147. Internal of wave (A) unfolded […]

Dow Jones Futures (YM_F) is correcting cycle from Feb 13 high as a zigzag. This article and video looks at the Elliott Wave path.

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.