We take a look at short-term price action in SPX500. We saw a perfect bounce from equal legs area in ( W ), rejection at 50% retracements, a marginal new low and then a very sharp rebound. Based on 9 swings down from 2019 and marginal new low before rallying impulsively, we think it’s doing a […]

Today, we take a look at structure of the decline in Nikkei futures from 9.25.2014 peak. This decline is unfolding as a ( W )  – ( X ) – ( Y ) structure when ( X ) failed between 50 – 61.8 fib retracement area of ( W ). From the secondary (X ) […]

Here is a quick blog from our Live Trading Room host, Dan Hussey. Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily from 12:00 PM EST until 1:30 PM EST, join Dan there for more insight into these proven […]

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 […]