Early this year we made a video talking about the possible low in commodities like GOLD , SILVER and OIL  which means those instrument ended the downside cycle  from the 2011 peaks and that’s why they rallied strongly this year 2016 . However since the start of summer the commodity sector started pulling back in a corrective way which represents an […]

Short term Elliott wave count suggests that pullback to 6640 at 9/15 ended wave (X). The rally from there is unfolding as a double three where wave (w) ended at 6899.5, wave (x) ended at 6728.5, and wave (y) of ((w)) is proposed complete at 7091.5. Near term, while bounces stay below 7091.5, expect wave ((x)) pullback in 3, […]

The video below is a short capture from London Live Analysis session held on 09/30 by EWF Senior Analyst Daud Bhatti. Daud presented Elliott Wave count of FTSE, explaining the swing sequences and calling the short term x red pull back completed at 6769.9 low. The index was showing incomplete bullish Elliott Wave structure in […]

Short term Elliott wave count suggests that pullback to 6640 at 9/15 ended wave (X). The rally from there is unfolding as a zigzag where wave (a) ended at 6899.5, wave (b) ended at 6728.5, and wave (c) is in progress as 5 waves. Wave iii of (c) is proposed complete at 6958.5 and a pullback in wave […]