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Last week, the US general election took place. The whole world was in the edge about the results. Many headlines have happened since November 3rd. We have been waiting for four days until finding a result that the current president still does not accept. Traders have been at the edge and stay in front of […]
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Elliott Wave View: EURJPY Ready for Next Bullish Leg
Read MoreEURJPY has started the next bullish leg higher and dips should find support in 3, 7, 11 swing. This article and video is looking at the Elliott Wave path.
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$SMH Semiconductors ETF Long Term Cycles & Elliott Wave
Read More$SMH Semiconductors ETF Long Term Cycles & Elliott Wave Firstly as seen on the monthly chart shown below. There is data back to May 2000 in the ETF fund. Data suggests the fund made a low in November 2008. This low has not been taken out in price. The cycles in this instrument tends to reflect […]
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Elliott Wave View: Nasdaq (NQ) Looking For More Upside
Read MoreNasdaq is looking to end 5 waves rally from November 10 low. While dips stay above there, it can see more upside. This article looks at Elliott Wave path.
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Elliott Wave: Ending Diagonal Appears When a Cycle is Almost Over
Read MoreAn ending diagonal is an Elliott Waves structure that is wedge-shaped and can appear within an impulse as wave 5 or within a correction as a wave C. This type of structure internally is composed of 5 waves and each of these 5 waves is subdivided into 3 or 5 waves creating two possible structures […]