-
RUSSELL Forecasting The Rally & Buying The Dips
Read MoreHello fellow traders. Another trading opportunity we have had lately is RUSSELL Futures. In this technical blog we’re going to take a quick look at the Elliott Wave charts of RUSSELL published in members area of the website. In further text we’re going to explain the forecast and trading setup. As our members know, RUSSELL […]
-
FTSE Elliott Wave View: Calling For Another Leg Lower
Read MoreFTSE short-term Elliott Wave view suggests that the bounce to 7904.97 high on 5/22/2018 peak ended primary wave ((1)). Below from there, the index is doing a pullback in Primary wave ((2)) in 3, 7 or 11 swings to correct cycle from 3/23/2018 low. Down from 7904.97 high, the decline to 7610.66 low ended the first leg […]
-
Oil Price on Holding Pattern Ahead of OPEC meeting
Read MoreThe Organization of the Petroleum Exporting Countries (OPEC) will meet in Vienna next week to discuss potential reduction or revision to the 1.8 million barrels/day production cut put in place in early 2017. After yearlong rise in oil and gasoline price, there’s a call to control the price from rising too far and too fast. […]
-
Netflix Elliott Wave View: More Strength is Expected
Read MoreNetflix ticker symbol: $NFLX short-term Elliott wave view suggests that the rally to $369.83 high on 6/05/2018 ended Minor wave 1. The internals of that rally unfolded as Elliott wave impulse structure with lesser degree 5 waves structure in Minute wave ((i)), ((iii)), and ((v)). Below from $369.83, the decline to $354.10 low on 6/08/2018 […]