-
Tesla Elliott Wave View: Favoring More Downside To Proceed
Read MoreTesla ticker symbol: $TSLA short-term Elliott wave view suggests that the rally to $317.51 high ended intermediate wave (X) bounce. The internals of that bounce unfolded as zigzag structure where Minor wave A ended in 5 waves at $302.64 high. Down from there, Minor wave B pullback ended as a Flat at $260.56 where lesser […]
-
Prospect of Brexit Deal Supports Poundsterling
Read MoreThe UK is going to leave the EU on 29 March 2019. However, currently the EU and UK have not reached agreement on the Irish border issue. In the last few years, the potential for no Brexit deal has given pressure to Poundsterling. But last week, Poundsterling surged higher against other major currencies as EU’s […]
-
Apple Nesting Higher As Elliott Wave Impulse Structure
Read MoreApple ticker symbol: $AAPL short-term Elliott wave view suggests that the decline to $215.31 low ended intermediate wave (4) pullback. Above from there, the stock is nesting higher within wave intermediate wave (5) looking for more upside extension. The internals of intermediate wave (5) is unfolding as impulse structure with the sub-division of 5 waves […]
-
USDJPY Elliott Wave Suggest Extension Towards 118.24-120.30 Next
Read MoreUSDJPY short-term Elliott wave view suggests that the pair is nesting higher as impulse structure. Looking for an extension higher towards 118.24-120.30 100%-123.6% Fibonacci extension area from 3/23/2018 low. And until that area is reached dips are expected to remain supported in 3, 7 or 11 swings looking for upside extension. Currently, Minor wave 3 remain […]