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Elliott Wave Intraday on DAX Favoring Bullish Continuation
Read MoreDAX ended cycle from 5.15.2024 high and turns higher as an impulse. This article and video look at the Elliott Wave path of the Index.
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Elliott Wave Analysis on EURUSD Impulsive Rally Favors the Bull Side
Read MoreEURUSD is close to form a bullish sequence if it breaks above previous peak on 12.28.2023 high. This article & video look at the Elliott Wave path.
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Elliott Wave Intraday Analysis Looking for GDX to Extend Higher
Read MoreRally from 9.26.2022 low in $GDX is currently in progress as a 5 waves diagonal. Up from 9.26.2022 low, wave (1) ended at 36.26 and pullback in wave (2) ended at 25.62. The ETF then extended higher in wave (3) towards 39.4 and pullback in wave (4) ended at 33.85 as the 1 hour chart […]
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Elliott Wave Intraday Analysis: NFLX Should Continue Rally
Read MoreShort Term Elliott Wave in NFLX suggests that the Stock has completed a bearish sequence from 7.05.2024 high. The decline made a double correction Elliott Wave structure. Down from 7.05.2024 high, wave (W) ended at 600.00 low. Rally in wave (X) ended at 678.97 with internal subdivision as a zig zag correction structure. Up from […]
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Elliott Wave Intraday Analysis: USDJPY is Correcting Before Resuming Lower
Read MoreShort Term Elliott Wave USDJPY suggests that the pair is developing a bearish sequence from 07.03.2024 high. The decline made a double correction Elliott Wave structure. Down from 07.03.2024 high, wave A ended at 155.36 low. Rally in wave B ended at 157.86 high with internal subdivision as zig zag structure. Then, the pair resuming lower […]
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Elliott Wave Intraday Analysis: SPX Resumed the Rally
Read MoreShort Term Elliott Wave View in SPX suggests the trend should continue higher within the sequence started from March 2023 low as the part of daily sequence. It favors upside in wave ((5)) while dips remain above 5124.76 low. Since March 2024 high of (3), it starts a correction as wave (4) ending in April […]