Preferred view suggests dip to 10667 completed wave B of Y. Index can reach as high as 11403 to complete wave ( W ). Index should then do a larger 3 wave pull back and resume the rally. Risk / Reward ratio is not great for longs here so we don’t like chasing strength at […]

As we can see on AUDUSD 90 min chart pair has been in a sideways consolidation since 0.9198 low (5.2.2014). We believe FLAT structure is in progress which started from 0.9198. To be more precise we are currently in wave C of FLAT. Wave C has taken form of Ending Diagonal and we are nearing […]

Short term view is that wave ( A ) can reach as high as 95.95 before we get a pull back in wave ( B ) and higher again. We don’t like selling the pair in proposed wave ( B ) pull back and like pair trading higher after completing wave ( B ) pull […]

Nikkei Futures is one of our indices related instruments  we cover here at elliottwave-forecast.com. The instrument has been trending higher & we expect will continue while the shorter term ((b)) triangle lows remain intact at 15019 . Beginning with the corrective (b) that began on 6/2 the shorter term structure was  w, x, y with a triangle […]