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Elliott Wave View: GBPUSD Should Remain Supported
Read MoreGBPUSD rally from Nov 23 low is unfolding as an impulse Elliott Wave structure, favoring more upside. This article looks at the Elliottwave path.
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Elliott Wave View: SPX Correction in Progress
Read MoreSPX has started a wave 4 correction & could see further downside to end a double zigzag Elliott Wave structure. This article look at the Elliottwave path..
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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 […]