The SPX  showing a nice Elliott wave FLAT corrective structure which runs as a 3-3-5 structure when a bounce should happen as far as the 15  divergence in the 15 minute chart remain.  

Metal is trading in orange zone and showing enough number of swings in place to call wave A completed but another swing higher to 3.33 would look much better to complete wave A. After that metal should pull back in wave B and turn higher again.  Hourly cycles are positive so we don’t recommend selling […]

USDCAD testes 50 fib to complete an Ending Diagonal and bounces off the green zone highlighted. See how perfect it was. Why not take 14 day Trial to see all such opportunities and learn our current view of the pair. Click button on the right to start the Trial [jwplayer mediaid=”140583″]

Rally from 91.74 – 94.26 was in 5 waves but subsequent drop toward 92.70 – 93.00 ( 50 – 61.8 fib) of the rally was quite strong which made us switch the view to FLAT wave ( B ) in yesterday’s update. While below 93.27, expect more downside in the pair and break to new […]