Best reading of the Elliott Wave cycle suggests there are 5 swings from wave (X) low at 10/28 and another swing higher is ideal to complete a 7 swing structure as far as 92.12 pivot stays intact. Rally from wave (X) low at 90.56 is unfolding in a double three structure where wave W ended at 92.97, […]

Short term Elliott Wave view suggests decline to 1.4439 ended wave (w) and bounce to 1.4668 ended wave (x) as a FLAT. Pair has since resumed in wave (y) lower with the internals unfolding as a triple three, where wave w ended at 1.4374, wave x ended at 1.455, wave y ended at 1.4247, and second […]

Short term Elliott Wave view suggests decline to 1.4439 ended wave (w) and bounce to 1.4668 ended wave (x) as a FLAT. Pair has since resumed in wave (y) lower with the internals unfolding as a triple three, where wave w ended at 1.4374, wave x ended at 1.455, wave y ended at 1.4247, and second […]

Short term Elliott Wave view suggests decline to 1.4439 ended wave (w) and bounce to 1.4668 ended wave (x) as a FLAT. Pair has since resumed in wave (y) lower with the internals unfolding as a double correction. The first leg of the decline wave (a) ended at 1.4374, wave (b) bounce ended at 1.455, […]

Short term Elliott Wave view suggests decline to 1.4439 ended wave (w) and bounce to 1.4668 ended wave (x) as a FLAT. Pair has since resumed in wave (y) lower with the internals unfolding as a double correction. The first leg of the decline wave (a) ended at 1.4374, wave (b) bounce ended at 1.455, […]

This is a medium term Elliottwave Analysis video on Shanghai Composite Index. Index is still expected to make another leg lower sometimes later towards 1944 – 2370 equality area before a larger bounce or a new bullish cycle can be seen. Short term, Index is in the process of completing wave (X) bounce. EWF currently covers 50 instrument […]