Our Elliott Wave view on Nikkei suggests the rally to May 4, 2019 high (22505) ended wave w. This ended cycle from December 26, 2018 low and the Index is in the process of at least doing a larger 3 waves pullback. Short Term, decline in Nikkei from May 4, 2019 high is unfolding as […]

Summary The odds of trade war escalation rises after Trump sent a pair of tweets threatening to increase tariffs to Chinese goods. If there is no deal by this Friday, the tariffs to Chinese goods will rise to 25% from 10% on $300 billion. Additional $325 billion of Chinese goods will also get 25% tariff. […]

Bitcoin rally from Dec 15, 2018 appears impulsive and missing another leg higher. This video talks about the short term Elliott Wave structure for Bitcoin.

Summary The Federal Reserve shows no bias to hike nor cut interest rate. Fed Chairman Jerome Powell believes subdued inflation is “transitory”. U.S. stocks fell and the Dollar strengthens as odds of a rate cut drops. Technical Analysis using Elliott Wave suggests U.S. Dollar should continue to strengthen. The Federal Reserve has concluded its 2 […]

CADJPY shows an impulsive decline from April 17. This article and video explains the short term Elliott Wave path for the pair.

Decline from Feb 21, 2019 high in GDX appears missing at least 1 more leg lower. This article & video explains the Elliott Wave path for the Gold Miners.