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Russell 2000 $RUT Short-term Elliott Wave Analysis 5.19.2016
Read MoreShort term Elliottwave structure suggests wave “b” is proposed over at 1156.07. Decline from there is unfolding as a double three structure where wave (W) ended at 1101.57 and wave (X) bounce ended at 1129. Secondary high wave ((x)) is also proposed complete at 1119.68. While the index stays below 1119.68, and more importantly as […]
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Russell 2000 $RUT Short-term Elliott Wave Analysis 5.18.2016
Read MoreShort term Elliottwave structure suggests wave “b” is proposed over at 1156.07. Decline from there is unfolding as a double three structure where wave (W) ended at 1101.57 and wave (X) bounce ended at 1129.08. Secondary high wave ((x)) is also proposed complete at 1119.68. Decline from there is proposed to be unfolding in a zigzag where wave […]
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A Lesson from the Maze
Read MoreHave you ever played a maze when you were a kid? In Hong Kong Disneyland, there’s a maze located at the garden outside the hotel which has a shape of a Mickey Mouse head if seen from a distance above. The height of the bushes is designed so that little children’s sight would be blocked when they go inside […]
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Russell 2000 $RUT Short-term Elliott Wave Analysis 5.17.2016
Read MoreShort term Elliottwave structure suggests wave “b” is proposed over at 1156.07. Decline from there is unfolding as a double three structure where wave (W) ended at 1101.57 and wave (X) bounce ended at 1129.08. Secondary high wave ((x)) is also proposed complete at 1119.68. While pair stays below below 1129.08, expect the Index to resume the decline either to new […]
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$NZDCAD Elliottwave Analysis 5.13.2016
Read MoreThis is a an Elliottwave Analysis video on $NZDCAD. Short term, the pair still has scope to extend lower to 0.8387 – 0.86517 area to end the cycle from 12/29/2015 peak, then pair should bounce in wave (X) to correct the decline from 0.958 before pair turns lower again. If you enjoy this video, feel free to browse […]
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Dow Jones $INDU Short-term Elliott Wave Analysis 5.13.2016
Read MoreShort term Elliottwave structure suggests wave “b” is proposed over at 18173.54. Decline from there is unfolding as a double three structure where wave (W) ended at 17580.38 and wave (X) bounce ended at 17934.61. Near term, while wave ((x)) bounce stays below 17934.61, and more importantly as far as pivot at 18173.54 stays intact, expect the Index […]