There are three different types of Elliott Wave Flat structure: Regular, Irregular / Expanded, and Running Flat. In this video, we will take a look at an example of a Running Flat. Flat is a 3 waves corrective structure labelled as ABC. Internally it is a 3-3-5 structure. Wave A is subdivided into 3 waves […]

Below is a recap of our Chart of The Day for Dow Jones (INDU) for the week of 5/11/2015 – 5/15/2015: Dow Jones (INDU) Chart of The Day posted at 5/12/2015 In our Chart of The Day at 5/12/2015, we said wave (x) pullback is in progress and expected to complete at 17843.94 – 17969.54. As […]

Decline to 1.5086 completed wave (X), and rally from this level is taking the form of a double correction ((w))-((x))-((y)) where wave ((w)) ended at 1.5523 and wave ((x)) ended at 1.5351. Wave ((y)) of W is already at inflection (turning) area, so although it has met the minimum requirement for completion, a  marginal high can’t be ruled […]

Decline to 17732.04 completed wave X and the Index has since moved higher. From wave X low, the rally took the form of a zigzag a-b-c, where wave a ended at 17973.07, wave b ended at 17910.15, and wave c of (w) completed at 18205.23. In our last Chart of The Day update, we said that wave (x) pullback is in progress towards […]

Decline to 17732.04 completed wave X and the Index has since moved higher. From wave X low, the rally took the form of a zigzag a-b-c, where wave a ended at 17973.07, wave b ended at 17910.15, and wave c of (w) completed at 18205.23. Wave (x) pullback is currently in progress towards an ideal target of 17843.94 – […]

In this video, we will look at the Flat Elliott wave structure, and we will take a look at an example of the Regular 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 3 waves, and wave […]