Nikkei has been rallying since April 2014′s low of 13800 in a diagonal. Diagonal is a five swing move with the convergence of boundary lines into a wedge shape. The subdivisions can be either 5-3-5-3-5 or 3-3-3-3-3. Ending Diagonals consist of 3-3-3-3-3 whereas Leading Diagonals can be either 5-3-5-3-5 or 3-3-3-3-3. In the case study below, we would […]

One of the most common patterns in New Elliott Wave theory is 7 swings structure (double three). We spot it in the market every day in many instruments. It’s a very reliable structure by which we can make good analysis and what is most important it’s giving us good trading entries with clearly defined invalidation […]

One of the most common patterns in New Elliott Wave theory is 7 swings structure (double three). We spot it in the market every day in many instruments. It’s a very reliable structure by which we can make good analysis and what is most important it’s giving us good trading entries with clearly defined invalidation […]

US 10 year yields preferred Elliott Wave count shows a drop with a corrective sequence from 2.691 – 2.494. We have labelled this as wave A. Yields then recovered in 3 waves to 2.57% and started dropping again. Recovery to 2.57% consisted of ((a )) – (( b )) – (( c )) when wave (( […]

Preferred Elliott wave view is that dip to 2.402% completed wave ( W ) and recovery to 2.692% was a corrective wave ( X ). Decline from 2.692% high is so far in 5 swings and while below 2.601% high, we expect to see 1 more push lower toward 2.433 – 2.465% area to complete 7 […]

One of the common challenges to practicioners of Elliott Wave principle is that the technique is subjective. There’s a saying that if you put 10 different Ellioticians together in the same room, they will all come up with a different Elliott Wave count. During our 20 years of experience with Elliott Wave Theory, we find […]