-
Nikkei: Forecasting The Rally From Elliott Wave Blue Box
Read MoreThis week we witnessed a sharp decline in Nikkei followed by an equally sharp rally. Our weekend update informed members that a decline was expected to unfold this week followed by a reaction higher, we even showed them the area where we expected the decline to end and reaction higher to take place. In this […]
-
Shanghai Composite Index in Multi Year Consolidation
Read MoreAs of 22 September, Shanghai Composite Index (SSE) is up 6.9% despite the geopolitical tension with the US and coronavirus pandemic. Contrast this with S&P 500 which has YTD performance of 2.1%. Part of the reasons for the resilience is due to Chinese economy relatively speedy recovery from the pandemic. After the initial breakout in […]
-
Elliott Wave View: Support Area for Silver
Read MoreSilver extended lower from 8/7 high. While below 9/15 high, silver can see more downside. However, the metal can see support at the equal leg from 8/7 high.
-
Elliott Wave View: S&P 500 E mini Futures (ES) Correction In Progress
Read MoreES_F is correcting cycle from June 15 low as double three correction. While below September 17 high, expect bounce in 3,7,11 swings to fail.