FTSE Elliott Wave view suggests that the decline to 7199.5 ended Primary wave ((4)). Up from there, the rally is unfolding as a zigzag Elliott Wave structure where Intermediate wave (A) ended at 7565.11 on 10/12 peak. A rally to intermediate wave (A) is subdivided as an impulse Elliott Wave structure. Minor wave 1 ended at […]

This week both Brent Crude and WTI (Light Sweet Crude Oil) made a new price high in more than 2 years with Brent Crude rising to $64 per barrel and WTI to $57 per barrel. These price gains come before the OPEC’s meeting later this month on Nov 30. In the past two years, OPEC has imposed production cuts in […]

Short term FTSE Elliott Wave view shows Primary wave ((4)) ended with the decline to 7199.5. The rally from there is unfolding as a zigzag Elliott Wave structure where Intermediate wave (A) ended at 7565.11 and Intermediate wave (B) ended at 7437.42.  Intermediate wave (A) has an internal subdivision of an impulse Elliott Wave structure. Minor wave 1 […]

Short term FTSE Elliott Wave view suggests that decline to 7199.5 ended Primary wave ((4)). Up from there, the rally is unfolding as a zigzag Elliott Wave structure where Intermediate wave (A) ended at 7565.11 and pullback to 7437.42 ended Intermediate wave (B).  Internal of Intermediate wave (A) unfolded as an impulse Elliott Wave structure where Minor […]

Short term FTSE Elliott Wave view suggests that Primary wave ((4)) ended with the decline to 7199.5. The rally up from there is unfolding as a zigzag Elliott Wave structure where Intermediate wave (A) ended at 7565.11 and Intermediate wave (B) ended at 7437.42.  Intermediate wave (A) is subdivided as an impulse Elliott Wave structure where Minor […]

DAX rally from 8/29 low is unfolding as a double three Elliott Wave structure where Intermediate wave (W) ended at 13089 and Intermediate wave (X) ended at 12903. Up from there, the rally from 12903 low appears to be unfolding as an impulse. Minute wave ((i)) ended at 13066, and Minute wave ((ii)) ended at 12906.5. […]