Short term Elliott Wave view suggests wave ((w) decline from 96.16 is in progress and taking the form of a double three wxy where wave w ended at 94.09, wave x bounce is in progress and expected to complete at 94.94 – 95.37 as a FLAT, then it should turn lower one more leg in wave y towards 92.74 […]

Short term Elliott Wave view suggests wave ((w)) decline from 96.16 is in progress and taking the form of a double three wxy where wave w ended at 94.09, wave x bounce is in progress and expected to complete at 94.74 – 94.94, then it should turn lower one more leg in wave y towards 92.74 – 93.4 […]

The short term Elliott Wave structure suggests the pair should be closing in on the completion of the blue (w) into the 94.00 handle.  We expect the pair to rally in a corrective 3, 7, or 11 wave structure off this inflection zone to form blue (x) wave higher in the near term.  This three […]

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