Elliott Wave View suggests the move lower from March 13, 2019 high (1.3381) is unfolding as an impulse Elliott Wave structure. In the short term chart below, the bounce to 1.2784 ended wave 4 as part of the impulse move from March 13 high. Pair is currently within wave 5 and the internal also unfolds […]

Bausch Health (BHC) shows an impulsive rally from June 4 low and the stock can see more upside while dips stay above there.

Jobs report for the month of June came above the expectation, tempering the hope of a Fed’s rate cut. June NFP (Nonfarm Payroll) rebounded to 224,000 after a disappointing 72,000 May figure. Unemployment rate increased to 3.7% while average wage gains increased less than expected at 3.1%. The gain however might not be enough to […]

AUDUSD is correcting the rally from June 18, 2019 low in a Flat structure. This article and video show the Elliott Wave path.

S&P 500 Futures (ES_F) shows a bullish sequence from Dec 26, 2018 low favoring more upside.This article and video show the Elliott Wave path.

Short Term Elliott wave view in Gold suggests that the decline to $1381.42 low on July 1 ended wave (4). Above from there, the yellow metal is rallying higher as an impulse Elliott Wave structure looking for more upside within wave (5). Up from July 1 low, wave 1 ended at 1396.35 and wave 2 pullback […]