Preferred Elliott wave count suggests that rally to 0.776 ended wave ((w)). Pullback from there is unfolding as a double three where wave (w) ended at 0.7634 and wave (x) ended at 0.775. While pair remains below wave ((w)) at 0.776, expect pullback to continue in wave (y) of ((x)) towards 0.759 – 0.762 area before pair resumes the rally higher. […]

Preferred Elliott wave count suggests that rally to 1.00 ended wave (W) on 8/8. Decline from there is unfolding as a double three where wave W ended at 0.9954 and wave X ended at 1.00. Wave Y is in progress with internals as a zigzag where wave ((a)) ended at 0.9895 and wave ((b)) is proposed […]

Revised Elliott wave view suggests that cycle from 8/8 low (0.7084) ended with wave ((w)) at 0.734 and pair is in wave ((x)) pullback to correct the rally from 0.7084. Wave ((x)) pullback is proposed to be unfolding as a triple three where wave (w) ended at 0.7261, wave (x) ended at 0.7309, wave (y) ended […]

Here is a short clip from our Live Trading Room on August 5. Take a look at how we manage the trade and risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily at 7:00 AM EST , join us there for more insight into these proven methods of trading. Click […]

Preferred Elliott wave count suggests that rally to 1.324 ended wave W. Wave X pullback is in progress as a double three structure where wave ((w)) ended at 1.30, wave ((x)) is unfolding as as FLAT and should ideally fail below 1.3232 high for another push lower in wave ((y)) of X toward 1.2953 – […]

Preferred Elliott wave count suggests that decline from wave X at 79.57 is unfolding as a triple three where wave ((w)) ended at 77.6, wave ((x)) ended at 79.51, wave ((y)) ended at 77.4 and second wave ((x)) ended at 78.18. Wave ((z)) is in progress with the internal unfolding as a double three where wave (w) […]