Elliott Wave view in Alibaba ($BABA) suggests that stock rallies as a 5 waves impulsive Elliott Wave structure from August 5, 2019 low. On the 1 hour chart below, we can see wave 3 of this impulse ended at 202.71. Stock then pullback in wave 4 on December 3, 2019 low at 189.88. Stock has […]

Elliott Wave view in DAX suggests that Index shows an incomplete bullish sequence from December 27, 2018 low favoring more upside. On the 1 hour chart below, we can see the rally to 13374.27 ended wave 3 and the pullback to 12890.56 on December 10, 2019 low ended wave 4. The Index has resumed higher […]

Elliott Wave view in Nikkei (NKD_F) suggests that the Japanese Index ended wave (4) on December 3 at 22898. This is part of a bigger impulsive 5 waves rally from August 25, 2019 low (not shown on the chart). Up from August 25, 2019 low, wave (1) ended at 21970, wave (2) pullback ended at […]

Nike (NKE) rally from May 31, 2019 low is in impulsive Elliott Wave structure and the stock can see a few more high before ending the cycle.

Tesla (TSLA) is rallying as an Elliott Wave impulse structure and near term can see further upside while above Nov 27 low.

Short-term Elliott Wave view in Copper (HG_F) suggests that the metal is rallying as a 5 waves Elliott wave impulsive structure from November 15, 2019 low. Up from there, wave ((i)) ended at 2.69, and wave ((ii) pullback ended at 2.619. Subdivision of wave ((ii)) unfolded as a double zigzag. Wave (w) of ((ii)) ended at 2.653, […]