$SPX WEEKLY flat20160715090140

As Humans, we tend to form a worldview about everything. For generations, many great individuals have fought wars and lost lives because they have a firm belief in a particular worldview. The same thing can be applied in trading. In the world of trading, we too tend to have particular view about the direction of the market. However, as […]

  • $INDU-DOW Double three Elliott Wave Structure

    $INDU-DOW Double three Elliott Wave Structure


    Global Indices have seen an impressive start of Q3 as the major US indices are not tired of hitting new highs occasionally. With applause July dissemination among equity investors, capital bulls are flexing their muscles in August as well. At the beginning of last week, the indices hits fresh highs as US retail sales and […]

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  • Nikkei $NKD_F Short-term Elliott Wave Analysis 9.7.2016

    Nikkei $NKD_F Short-term Elliott Wave Analysis 9.7.2016


    Short term Elliott wave count suggests that decline to 16335 ended wave ((x)). Rally from there is unfolding as a double three where wave (w) ended at 17170 and wave (x) pullback is proposed complete at 16885. While Index remains above 16885, and more importantly as far as wave ((x)) pivot at 16335 stays intact, expect more upside in […]

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  • Nikkei Short-term Elliott Wave Analysis 8.9.2016

    Nikkei Short-term Elliott Wave Analysis 8.9.2016


    Preferred Elliott wave count suggests that dips to 15926 ended wave (X) and Index has started a rally higher in the form of a double three structure where wave ((w)) ended at 16740. While Index stays below there, expect the Index to pullback in wave ((x)) to correct the rally from 15926 in 3, 7, or 11 swing. Then, as far […]

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  • Reality vs Illusions: The case for $SPX short bias

    Reality vs Illusions: The case for $SPX short bias


    As Humans, we tend to form a worldview about everything. For generations, many great individuals have fought wars and lost lives because they have a firm belief in a particular worldview. The same thing can be applied in trading. In the world of trading, we too tend to have particular view about the direction of the market. However, as […]

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  • $FTSE Short-term Elliott Wave Analysis 7.15.2016

    $FTSE Short-term Elliott Wave Analysis 7.15.2016


    Short term Elliottwave structure suggests rally from 7/6 low is unfolding as a double three where wave (w) ended at 6703.09 and wave (x) pullback is in progress towards 6587.2 – 6609.45 area before turning higher one more leg towards 6810.46 – 6845.1 area to complete wave (W) and end cycle from 2/11 low. Index has reached […]

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  • $FTSE Short-term Elliott Wave Analysis 7.14.2016

    $FTSE Short-term Elliott Wave Analysis 7.14.2016


    Short term Elliottwave structure suggests rally from 7/8 low is unfolding as a triple three where wave (w) ended at 6579.25, wave (x) ended at 6515.24, wave (y) ended at 6698.54, and 2nd wave (x) ended at 6654.26. While pullback stays above 6654.26, Index is expected to extend 1 more leg higher towards 6810.46 – 6845.10 area before […]

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