Short Term Elliott Wave View on Chesapeake Energy Corp (ticker: CHK) shows 5 waves impulsive Elliott Wave decline from November 5 high.  The bounce to $1.59 in the stock ended wave (2) as a double three Elliott Wave structure. On the chart below, we can see wave X of this double three ended at $1.33 and […]

Dow Jones Future (YM_F) rally from Oct 3 low is impulsive. The 5 waves rally should end soon & Index should pullback in 3 waves before the next leg higher.

Russell is close to break above May 6, 2019 (1621.9). A break above will open up a bullish sequence. This article & video look at the Elliott Wave path.

Nike decline from Oct 23 high looks impulsive and the stock can see more downside. This article & video looks at the Elliott Wave path.

Nikkei incomplete sequence from December 26, 2018 low and August 26, 2019 low, favoring further upside. A 100% Fibonacci extension from August 26, 2019 low comes at 23360 while 100% extension from December 26, 2018 low comes at 23380. Until the Index reaches this area, short term dips likely remain supported in 3, 7, or […]

DAX sequence from Dec 27, 2018 low remains bullish and the Index can see further upside. This article and video looks at the Elliott Wave path.