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USDJPY Short-term Elliott Wave Analysis 4.8.2016
Read MoreRevised short term Elliottwave structure suggests that rally to 113.8 ended wave ((X)). Wave (W) decline from there has an internal of a triple correction (WXYZ) structure where wave W ended at 111.98, wave X ended at 112.67, wave Y ended at 110.23, 2nd wave X ended at 110.54, and wave Z of (W) is proposed complete at 107.66. Wave (X) bounce […]
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USDJPY Short-term Elliott Wave Analysis 4.7.2016
Read MoreRevised short term Elliottwave structure suggests decline from wave ((X)) at 113.8 is unfolding as an impulse 5 waves structure where wave ((i)) ended at 111.98, wave ((ii))) ended at 112.67, and wave ((iii)) is in progress. Internal of wave ((iii)) is also in impulsive structure and wave (iii) of ((iii)) is expected to complete at 108.58 […]
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USDJPY Short-term Elliott Wave Analysis 4.6.2016
Read MoreShort term Elliottwave structure suggests decline from wave ((X)) at 113.8 is unfolding as a zig zag structure (5-3-5 structure) where wave (a) ended at 111.98, wave (b) ended at 112.67, and wave (c) of ((w)) is proposed complete at 109.93. Pair is currently correcting the decline from 113.786 in wave ((x)) towards 111.86 – 112.31 […]
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USDJPY Short-term Elliott Wave Analysis 4.5.2016
Read MoreShort term Elliottwave structure suggests decline from wave ((X)) at 113.8 is unfolding as a zig zag structure (5-3-5 structure) where wave (a) ended at 111.98, wave (b) ended at 112.67, and wave (c) of ((w)) is in progress as 5 waves and expected to complete at 110.42 – 110.85 area before a bounce in wave […]
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Revisiting Shanghai Index for the Path of Global Indices
Read MoreLast year, in our video dated November 2, 2015 we warned our viewers that the Chinese stock market still has more downside to go. We argued that Shanghai Composite Index may retest the 2008 low towards 1944 – 2370 area. The forecast proved accurate and the Chinese stock market resumed a strong selloff in the first one and half months in 2016. The […]
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IBEX Short-term Elliott Wave Analysis 3.31.2016
Read MoreShort term Elliottwave structure suggests rally to 9218.68 ended wave ((4)) and the Index has resumed lower. Down from 9218.68, wave W ended at 8753. Wave X bounce is currently in progress as a double correction where wave ((w)) ended at 8960.7, and while wave ((x)) pullback stays above 8753, the Index has scope to do […]