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SPX Index Elliott Wave View: Buying the dips
Read MoreThe video below explains why SPX Index remains a buy in the dips due to incomplete bullish sequence in the Index from 11/4/2016 low and we also explain why we could expect SPX to pullback and show the area where dip buyers are expected to appear. SPX Index Video 4 Hour SPX Index Elliott […]
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EURJPY Elliott Wave View: Pullback in progress
Read MoreShort term Elliott Wave view in EURJPY suggests that the pair has ended the cycle from 2/24 low (118.18) and the instrument is pulling back to correct that cycle before turning higher again. Primary wave ((5)) is currently in progress higher and the rally from Primary wave ((4)) low at 118.18 is unfolding as an ending diagonal […]
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Energy Stocks preparing a bounce
Read More2016 was a good year for Energy Stocks as Oil & GAS price rose significantly helping the Energy sector to recover from the drop that started since 2014 . However since the recent peak early this year , Oil price stabilised in a tight range and failed to move higher before the recent 9% drop last week […]
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NZDUSD: Elliott Wave Forecasting the decline
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of NZDUSD. We’re going to explain the structure and see how we guided our members through this instrument. The chart below is $NZDUSD 4 hour chart from 02.28.2017. Our analysis suggests the price is correcting […]