Dow Jones Real Estate Index measure the values of the Real Estate in the United States of America through the value of Real Estate companies. The Index, as every Global Index, has a Bullish trend and is within a double three aka WXY Elliott wave structure off the all times lows. As of now, the […]

Nikkei 240 minute chart below shows the move up from September 29 2015 ( 16995 low) was a choppy and overlapping structure which showed a lot of contraction as well (see converging trend line connecting price highs and lows). We could also count 11 swings from the low to the high with momentum (RSI) divergence […]

For the last few months Canadian Dollar is one the weakest currencies in the market.  It has been constantly showing the weakness against the all other currencies and our cycle analysis were suggesting the same – furhter collapse of Canadian Dollar.  At the same time Indexes were doing pull backs in weekly charts, and we were […]

Global Market Selloff Global Indices sold off strongly to start 2016 in a risk off sentiment. Shanghai Composite Index led the global index selloff with the catalyst being the PBOC (People’s Bank of China) setting a much weaker than expected Yuan fixing from 6.49 to 6.56 through Thursday in the first week of 2016. Below is the weekly market performance […]

Spain’s political environment post Sunday’s National Elections has been downgraded to unstable as it was forecasted prior to the 20th of December Elections day. The political scheme now in Spain is consider fragile and it seems it is closing towards the same path as Greece and Portugal, that is into political destabilization. Our pre-elections analysis, covering the Spanish topic in brief, EURUSD in light […]

Zig-Zag is the most famous corrective pattern in Elliott Wave Theory, but in reality we don’t see it very often. These days we could see very nice zig zag pattern that forming in DAX h1 chart.  Before we take a look at real example we will explain the Elliott Wave pattern first. Zig zag iz 3 wave corrective […]