USDSEK move up from 2/22/2017 (8.9543) low could be viewed as 5 swings and hence we are labelling it as a leading diagonal Elliott Wave structure in wave (i). In the 2/28/2017 Asian update, we were expecting the pair to complete wave (i) and make a pull back in wave (ii) which would be a correction […]

Short term Elliott wave view in SPX suggests that the rally from 1/23 low is unfolding as a 5 waves Elliott wave impulse structure where Minor wave 1 ended at 2301, Minor wave 2 ended at 2267.2, and Minor wave 3 remains in progress but close to ending. Internal of Minor wave 3 shows an extension and […]

In this Technical blog, we are going to take a quick look at the Gold 1 hour chart from Feb 21,2017. In which the bounce from 2/15/2017 low (1216) appeared to be in 5 waves sequence & the bounce was impulsive rather then corrective sequence. Thus suggesting the cycle from 1216 low could be following the […]

Short term Elliott wave view in DJIA (Dow Jones Industrial Average) suggests that the rally from 1/19 low is unfolding as a 5 waves Elliott wave impulse structure where Minute wave ((i)) ended at 20125.28, Minute wave ((ii)) ended at 19784.7, and Minute wave ((iii)) remains in progress. Internal of Minute wave ((iii)) is showing an extension […]