Wave ( B ) has ended as a FLAT. Expect more upside toward 14650 14700 area to complete a 5 wave move up from 13750. After that, Index should pull back in 3 waves in wave (( b )) before turning higher again We don’t like selling the Index into any proposed pullbacks and strategy remains to buy the dips in 3, 7 and 11 swings.
$Nikkei futures (10.16.2013)
Stock Market
Get the Elliott Wave Trading Mastery Bundle — Free
100% FreeLearn how to read the markets with more structure using practical guides on:
- Elliott Wave rules and market structure
- Fibonacci levels and price targets
- 3, 7 and 11-swing patterns
- Forex, stocks, ETFs and crypto
- Technical analysis and risk management
Plus, get free market insights, educational emails, and our Chart of the Day to keep building your skills.
Start learning today — no cost, no card required.
Related Articles
Chart Of The DayStock Market
Elliott Wave Outlook: DAX in Larger Degree Correction
The short‑term Elliott Wave view in DAX shows the cycle from the March 23, 2026...
Chart Of The DayStock Market
Nasdaq 100 (NQ) Elliott Wave Expanded Flat Near Completion Before Downside
The short‑term Elliott Wave outlook for the Nasdaq 100 (NQ) indicates that the rally from...
Stock Market
$SMR Starts New Bullish Leg After Completing ABC Correction From October 2025
In this Elliott Wave update, we examine the long-term structure in NuScale Power Corporation ($SMR)....