Nike Ticker symbol: NKE short-term Elliott wave view suggests that the pullback to $75.06 low ended intermediate wave (2). Above from there, the stock has rallied to new all-time highs confirming the next leg higher in intermediate wave (3). The internals of intermediate wave (3) higher is unfolding as Elliott wave impulse structure with the sub-division of […]

Hello fellow traders. In this blog, we will have a look at some past  Elliott Wave charts of the Industrial Select Sector (XLI) which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 08/13/18 showing that XLI ended the cycle from 06/27 low in red wave 1. As […]

EURJPY short-term Elliott wave analysis suggests that the rally to 130.85 high ended Minor wave A of a Zigzag structure. The internals of that rally higher unfolded in 5 waves impulse structure with the sub-division of 5 waves structure as mentioned previously in the previous post. Down from there, the pullback to 127.83 low ended […]

AUDUSD short-term Elliott wave view suggests that the bounce to 0.7384 high ended intermediate wave (X) bounce. Down from there, the pair has broken to new lows already confirming the intermediate wave (Y) lower. Thus suggesting that the right side in the pair is to the downside. The decline to 0.7084 low unfolded in 5 […]