Nikkei shows Elliott Wave bullish sequence from December 26, 2018 low and August 26, 2019 low. This suggests that buyers are in control and favors further upside in the Index. The pullback to 21079 ended wave ((2)) and the Index has resumed higher in wave ((3)). Internal subdivision of wave ((3)) takes the form of […]

DAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure. On the chart below, we can see wave 3 of (1) ended at 12471.83, wave 4 of (1) ended at 12141.82, and wave 5 of […]

The last ditch Brexit talks between British and Irish leaders last week yield unlikely breakthrough. Both leaders issued an upbeat statement after the meeting, saying they see a pathway to a possible deal. The issue of Irish border and the proposed backstop has become the bottleneck in Brexit negotiations. Irish leader Leo Varadkar reportedly said […]

Short term Elliott Wave view of Amazon ($AMZN) suggests the decline to 1685.06 ended wave (A). Internal of wave (A) unfolded as a 5 waves impulse Elliott Wave structure. On the chart below, we can see wave 3 of (A) ended at 1709.22, wave 4 of (A) ended at 1755.6, and wave 5 of (A) ended […]

Netflix shows a 5 waves impulse Elliott Wave structure from Sept 18 high. As far as the bounce stays below there, the stock can see further downside.

Silver shows a short term incomplete sequence from Oct 1 low, favoring more upside. This article and video looks at the short term Elliott Wave path.