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Elliott Wave View: GDX Rally Remains Corrective
Read MoreGDX rally from Nov 12 low is unfolding as a double zigzag Elliott Wave structure & while bounce stays below Nov 1 peak, it can extend lower.
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Elliott Wave View: FTSE Bullish Sequence Favors Higher
Read MoreFTSE shows a bullish Elliott Wave sequence from October 3, 2019 low favoring further upside. The rally from October 3 low is unfolding as a double three Elliott Wave structure. On the chart below, we can see wave ((w)) ended at 7431.94 and pullback in wave ((x)) ended at 7199.40. Internal structure of wave ((x)) […]
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Elliott Wave View: Russell (RTY_F) Ending Wave 5
Read MoreRally in in Russell 2000 (RTY_F) from October 3, 2019 low is unfolding as 5 waves impulsive Elliott Wave structure. The chart below shows wave ((iv)) of the impulse ended at 1579.28. Index is currently within wave ((v)) before ending the cycle from October 3 low. Up from wave ((iv)), wave i ended at 1592.8 and wave ii […]
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Elliott Wave View: Nasdaq (NQ_F) Extending Higher as Impulse
Read MoreElliott Wave View in Nasdaq (NQ_F) suggests that the rally from October 3, 2019 low is unfolding as 5 waves impulsive Elliott Wave structure. On the chart below, we can see wave 3 of the impulse from October 3 low ended at 8379. The pullback in wave 4 ended at 8231 as a zigzag Elliott Wave structure. Wave […]
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Elliott Wave View: Bullish Sequence Suggests Supported SPX
Read MoreSPX is showing 5 swings incomplete sequence from 12/26/2018 low suggesting dips should remain supported. This article & video show the Elliott Wave path.
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Elliott Wave View: Correction in Russell Should Find Buyers
Read MoreRussell decline from Nov 5, 2019 high is corrective and pullback should find support in 3, 7, 11 swing. This video looks at the Elliott Wave path.