Decline to 19054 completed wave ((X)), and the Index has since resumed the rally in wave W in the form of a double correction ((w))-((x))-((y)) where wave ((w)) ended at 19865, wave ((x)) ended at 19495, and wave ((y)) is in progress towards 20314 – 20507. Expect some profit taking from 20314 – 20507 area and the Index to pullback 3 waves lower […]

Decline to 2057.23 completed wave X. Wave ((w)) rally from this level is unfolding in the form of a double correction (w)-(x)-(y). Wave (w) of ((w)) took the form of a double correction w-x-y and ended at 2113.5. Wave (x) of ((w)) also took the form of a double correction w-x-y and ended at 2079.25. Wave […]

There are three different types of Elliott Wave Flat structure: Regular, Irregular / Expanded, and Running Flat. In this video, we will take a look at an example of a Running Flat. Flat is a 3 waves corrective structure labelled as ABC. Internally it is a 3-3-5 structure. Wave A is subdivided into 3 waves […]