Elliott Wave View: DAX Resumes Lower
Short term Elliott Wave view on DAX suggests the decline from 3.29.2022 high is unfolding as a 5 waves diagonal. Down from 3.29 high, wave 1 ended at 13386.32 and…
Elliott Wave View: SPY Rally Expected to Fail
Short term Elliott Wave view on SPDR S&P 500 (ticker: SPY) suggests the ETF shows a bearish sequence from 8.17.2022 high favoring further downside. The decline lower from 8.17.2022 high…
EURAUD Shows Bearish Sequence Favoring Downside
The Euro continues to slide against many other major currencies after Russia stopped the gas supplies. The deepening energy crisis causes fear of a recession in the Euro area. Europe…
Elliott Wave View: Apple (AAPL) Looking for Further Downside
Short term Elliott Wave view on Apple (AAPL) suggests that the decline from 8.18.2022 peak is unfolding as a zigzag Elliott Wave structure. Down from 8.18.2022 high, wave ((A)) ended…
Elliott Wave View: AMD Rally Expected to Fail in 3, 7, 11 Swing
Short term Elliott Wave view on AMD suggests the decline from 8.5.2022 high is unfolding as a zigzag Elliott Wave structure. Down from 8.5.2022 high, wave 1 ended at 90.9…
NextGen Energy (NXE) Finished Correcting Cycle from 2020 Low
In our previous article from last year, we wrote that NextGen Energy was in the process of correcting rally from 2020 low. The correction looks completed and the stock is…
Elliott Wave View: Near Term Rally in Dow Futures (YM) Should Fail
Short term Elliott Wave view on Dow Futures suggests the decline from 8.17.2022 high is unfolding as a zigzag Elliott Wave structure. Down from 8.17.2022 high, wave A ended at…
Elliott Wave View: S&P 500 E-Mini Futures (ES) Soon to End 5 Waves
Short term Elliott Wave view on S&P 500 E-mini Futures (ES) suggests pullback from 8.17.2022 high is in progress as a zigzag Elliott Wave structure. Down from 8.17.2022 high, wave…
Elliott Wave View: Amazon (AMZN) Rallying in a Double Zigzag
Short term Elliott Wave view on Amazon (AMZN) suggests the decline to $123.66 ended wave ((A)). Wave ((B)) rally is in progress with internal subdivision as a double three Elliott…