Gold is showing 5 swings down from July peak (1345) which many Elliott wavers are labelling as a 5 wave move but it doesn’t show any divergence between the last 2 lows which negates the idea of a 5 wave impulse and hence we like the idea of a 7 swing structure in progress as […]

DAX Index is showing 5 swings up from ((X)) low at 8904 (10.30.2014)  which is an incomplete sequence so we expect the Index to do a pull back in 6th swing & make another push higher to complete 7 swings to end a 7 swing cycle from 8904 low. Wave ( W) ended at 9469 […]

We will talk about a 5 wave move in this Educational Video which doesn’t happen very frequently. When one finishes reading an Elliottwave book, they would try and look for a 5 wave move everywhere. Wave 1 is nothing more than a fight between old trend & a new trend. Wave 2 is when old […]

From the begining of November our Elliott Wave analysis for FTSE suggested rally from 6452.48- 6424.00 zone toward 6693.47 area. Now, after two weeks of trading, FTSE has reached our target. Index gave us the rally that we forecasted and presented in Elliott Wave Setup Video from the 3th November. You can watch the video here : […]