Preferred Elliott Wave view suggests wave ((X)) pullback took the form of a double three (W)-(X)-(Y) structure. Wave (W) ended at 19665. Wave (X) took the form of a FLAT (3-3-5 structure) and completed at 19820. In our last Chart of the Day update, we said wave Y of ((X)) can still make one more low and test 18805 – 19045 […]

Wave ((X)) pullback is in progress and is taking the form of a double three i.e. (W)-(X)-(Y) Elliott wave structure. Wave (W) ended at 19665, wave (X) took the form of a FLAT (3-3-5 structure) and completed at 19820. Wave (Y) is now in progress and is expected to end at 18805 – 19045 area to complete wave ((X)). […]

Index has broken below 19348 low which means we are still in wave ((X)) pull back which is taking the form of a double three i.e. (W)-(X)-(Y) Elliott wave structure. Wave (W) ended at 19665, wave (X) took the form of a FLAT (3-3-5 structure) and completed at 19820. Wave (Y) low is now in […]

Short term Elliott Wave view suggests rally to 11883.6 completed wave (Y). Decline from here is taking the form of a double three or WXY structure when wave W ended at 11301, wave X ended at 11684.3, and wave Y lower is in progress. Wave ((w)) of Y ended at 11259.1, wave ((x)) of Y bounce is currently in progress and could retrace 50 […]

In this video, we will look at Elliottwave structure called a Flat, and we will focus at one type of Flat called the Irregular / Expanded Flat. Flat is a corrective 3 wave structure labelled as ABC. Internally it is a 3-3-5 structure. Wave A is subdivided into 3 waves, wave B is subdivided into […]

Here is a quick recap from our Live Trading Room on 4.24.2015 where we presented many short term trade and swing opportunities to our members. Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily from 12:30 PM  EST (5:30 PM BST), join us there for […]