Short term Elliottwave structure suggests wave C rally from 2/10 low is unfolding as 5 waves where wave ((i)) ended at 5047.1, wave ((ii)) ended at 4905.5, wave ((iii)) ended at 5245, and wave ((iv)) ended at 5147.4. While Index stays above 5147.4, and more importantly as far as wave ((ii)) low at 4905.4 stays intact, Index is […]

When the Fed raised the rate last year, the minutes suggest that they were relatively hawkish and expected 4 more rate hikes in 2016, as December Fed’s dot plot shows. Subsequent events after the December meeting however have seen oil, commodities, and indices selling off sharply, giving pressure to the headline inflation rate. Central banks around the […]

Short term Elliottwave structure suggests wave C rally from 2/10 low is unfolding as 5 waves where wave ((i)) ended at 5047.1, wave ((ii)) ended at 4905.5, and wave ((iii)) ended at 5245. Wave ((iv)) FLAT can be called complete at 5147.4 although a marginal low at this stage still can’t be ruled out. While pivot at […]

This is a short term Elliottwave Analysis video on ASX All Ordinary. While Index stays above wave ((iv)) at 5146.4, it has scope to extend higher towards 5320.4 – 5369.8 area to complete wave ((v)) of C of (X) before turning lower at least in 3 waves. EWF currently covers 50 instrument ranging from forex, indices, and […]

Short term Elliottwave structure suggests wave C rally from 2/10 low is unfolding as 5 waves where wave ((i)) ended at 5047.1, wave ((ii)) ended at 4905.5, wave ((iii)) ended at 5245, and wave ((iv)) ended at 5146.4. Near term, wave (ii) of ((v)) is expected to complete at 5175.8 – 5194.4 area, then as far as […]

Short term Elliottwave structure suggests cycle from 2/29 low ended with wave ((w)) at 0.682. Wave ((x)) pullback is unfolding as a FLAT where wave (a) ended at 0.6712, wave (b) ended at 0.6809, and wave (c) of ((x)) is proposed complete at 0.6616. While pullback stays above 0.6616, pair is expected to extend higher. At EWF we offer […]