Elliott Wave View: Copper Starts a New Leg Higher
Short Term Elliott Wave view in Copper suggests that the decline to 2.938 on 3.26.2018 ended Minor wave IV. The metal started a new leg higher from there in Minor…
SPX Elliott Wave View: Further Weaknesses Likely
SPXÂ Elliott Wave view suggests rally to 2801.90 on 3/13/2018 ended Primary wave ((X)). Decline from there is unfolding as a double three Elliott Wave structure where Intermediate wave (W) ended…
FTSE Elliott Wave Analysis: Inflection Area for Next Leg Lower
Latest Elliott Wave view in FTSE suggests that the Index ended Primary wave ((B)) at 7326.02 on 2/27/2018 high. From there, Index starts a decline which is unfolding as a 5 waves…
Elliott Wave Analysis: EURUSD in Sideways Consolidation
Current Elliott Wave view in EURUSD suggests that the pair remains in sideways triangle Elliott Wave structure between 1.2153 low and 1.255 high. Triangle is a consolidation structure with ABCDE label.…
DAX Elliott Wave Analysis: Further Weakness Ahead?
Short term Elliott Wave view in DAX suggests Primary wave ((B)) ended at 12434.7 on 3.16.2018. The decline from there is unfolding as a 5 waves impulse Elliott Wave structure.…
Will Trade War Weigh on the Market?
Trade war with China Hurt Global Economy Last week global stock market slumped due to the prospect of all-out trade war which could destabilize global economy. US market closed sharply…
Elliott Wave Analysis: SPX Should See More Weakness
SPX rally to 2801.9 on 3.13.2018 ended Primary wave ((X)). Since then, the decline from there is unfolding as a double three Elliott Wave structure where Minor wave W ended…
Elliott Wave Analysis: USDJPY Resumes Lower to 104
USDJPY Elliott Wave view suggests that the decline from 11.6.2017 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 11.6.2017 high (114.73), Intermediate wave (1) ended…
Elliott Wave Analysis: Oil (CL_F) Looking to Extend Higher in Wave 3
Oil (CL_F) Short Term Elliott Wave view suggests that the decline to 59.95 on 3/9 ended Minor wave 2. Minor wave 3 is unfolding as a 5 waves impulse Elliott Wave…