Preferred Elliott Wave view suggests Oil has completed the cycle from 10/3/2018 peak and is now bouncing. Rally from $42.41 low appears impulsive and in this article we take a look at Elliott wave structure of the rally from $42.41 low and what we are expecting next.

In this blog, I want to share with you some Elliott Wave charts of XLY ETF which we presented to our members last month. You see the 1-hour updated chart presented to our clients on the 12/18/18. XLY had a Bearish sequence suggesting more downside at that time. XLY ended the cycle from 12/12/18 peak in red wave […]

Ali Baba ticker symbol: BABA Elliott wave view suggests that the cycle from 6.05.2018 peak is having lower low sequence & missing the extreme areas to the downside still, which we have highlighted in our previous blog here. Below is the 4 Hour updated Chart from 1/07/2019, showing BABA having a bearish sequence tag & […]

Short term Elliott Wave view in USDCAD shows that the decline from 12/31/2018 high (1.3669) is unfolding as a 5 waves impulse Elliott Wave structure. Down from 1.3669, Wave 1 ended at 1.3563, wave 2 ended at 1.3662, wave 3 ended at 1.3263, and wave 4 ended at 1.3323. We can see a momentum divergence […]