The Hang Seng Stock Index is a free float, adjusted market capitalization, weighted stock Market Index in Hong Kong.  The Index records and monitors daily changes of the largest companies of the Hong Kong Stock Market. It is the main indicator of the overall market performance in Hong Kong. These 50 constituent companies represent about 58% of […]

EURUSD Intra-Day Elliott Wave view suggests the decline from 9/8 peak remains in progress as an expanded Flat Elliott Wave structure. Down from 9/8 high (1.2094), pair ended Intermediate wave (A) at 1.837. Bounce to 1.2034 ended Intermediate wave (B). Intermediate wave (C) remains in progress and unfolding as 5 waves impulse where Minor wave 1 of […]

Short term GBPAUD Elliott wave view suggest that the rally to 1.7182 on 9/28 peak ended the intermediate wave (W). Decline from there is unfolding as an impulse Elliott Wave structure with extension.  This 5 waves move should end Minor wave A of an Elliott wave zigzag structure structure or a wave C of a FLAT correction from 9/22 peak (1.7165). In either case, after […]

Short term Elliott wave view in Nikkei suggest that the cycle from August 29.2017 low (19055) is unfolding in 5 waves pattern. However looking at the internal subdivision of each wave the bounce looks corrective in nature with upside extensions. Thus suggesting that the Nikkei cycle from August 29 low (19055) could be following a leading Diagonal […]