Short Term Elliott Wave View on Nasdaq Futures (NQ_F) shows 5 waves impulsive Elliott Wave rally from October 3, 2019 low.  On the chart below, we can see the pullback to 7586.99 ended wave ((ii)). The Index has resumed higher and wave ((iii)) has completed at 8282.25. Subdivision of wave ((iii)) unfolded as 5 waves impulse […]

Short Term Elliott Wave View on Chesapeake Energy Corp (ticker: CHK) shows 5 waves impulsive Elliott Wave decline from November 5 high.  The bounce to $1.59 in the stock ended wave (2) as a double three Elliott Wave structure. On the chart below, we can see wave X of this double three ended at $1.33 and […]

Dow Jones Future (YM_F) rally from Oct 3 low is impulsive. The 5 waves rally should end soon & Index should pullback in 3 waves before the next leg higher.

Russell is close to break above May 6, 2019 (1621.9). A break above will open up a bullish sequence. This article & video look at the Elliott Wave path.

Nike decline from Oct 23 high looks impulsive and the stock can see more downside. This article & video looks at the Elliott Wave path.

Nikkei incomplete sequence from December 26, 2018 low and August 26, 2019 low, favoring further upside. A 100% Fibonacci extension from August 26, 2019 low comes at 23360 while 100% extension from December 26, 2018 low comes at 23380. Until the Index reaches this area, short term dips likely remain supported in 3, 7, or […]