Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDX published in members area of The Website. As our members know, USDX has incomplete bullish sequences. Break of  August 15th peak has made the structure incomplete to the upside, suggesting the USDX is bullish […]

Global Indices continue to retreat in the fourth quarter of this year as the combination of Fed’s quantitative tightening and escalating trade wars threatens to derail the 10 year bullish market. Below is the Year-to-Date return of the Global Indices as of Friday Nov 24: Next week, global Indices will have a chance to find […]

Since forming the high on Oct 3 at $76.9, Oil (CL_F) has dropped more than 30% in just less than 2 months. The move lower is pretty fast and short term Elliott Wave view suggests the decline is unfolding as an impulse Elliott Wave structure. Down from $76.9, Primary wave ((1)) ended at $68.47, Primary […]

Tesla ticker symbol: $TSLA short-term Elliott wave view suggests that Minor wave 3 ended at $349.20 high. Down from there, a pullback to $328.50 low ended Minor wave 4. The internals of that pullback unfolded as a Flat correction. Minute wave ((a)) of 4 ended at $330.14 low in lesser degree Flat correction. Above from […]