Dow Future Short term Elliott Wave view suggests that Intermediate wave (4) ended at 23205. Intermediate wave (5) rally is unfolding as a 5 waves diagonal Elliott wave structure. Minor wave 1 ended at 24328 and subdivided as a double three where Minute wave ((w)) ended at 23599, Minute wave ((x) ended at 23432, and Minute wave […]

Back in November 2016, we mentioned that XAUAUD should find buyers in 1540 – 1487 area and bounce ideally to resume the rally for new highs or in 3 waves at  least. XAU AUD reached the mentioned area a few weeks later in December 2016, found a low at 1525 on 12/15/2016 and started rallying. Rally got rejected […]

Dow Future Short term Elliott Wave view suggests that Intermediate wave (B) ended at 23204. The rally from there is proposed to be unfolding as a leading diagonal Elliott wave structure. Minute wave ((i)) ended at 23599, Minute wave ((ii)) ended at 23432, and Minute wave ((iii)) ended at 24328. Minute wave ((iv)) is in progress to correct cycle from 11/23 low and […]

In this Technical blog, we are going to take a quick look at the past Elliott Wave Chart performance of ES_F (S&P 500). Which we presented to our clients at elliottwave-forecast.com. We are going to explain the structure and the forecast. As our members know, we were pointing out that ES_F (S&P 500) is trading within the larger bullish trend in […]