DAX is correcting cycle from March 2020 low and should see further downside. This article and video look at the Elliott Wave path.

The last time I looked at this name was in June 2021.  You can view this article here.  At the time, I was expecting another swing down to take place in a larger wave II correction.  Lets take a look at the chart from June. Zoom Elliottwave June 2021 View: At the time, the structure was […]

The Swiss Market Index (SMI) is one of the other Capital Markets worldwide that is building motive wave from the lows of March 2020. We can clearly see that it has already completed 3 waves to the upside and we are correcting on wave 4 now. SMI September 16th Daily Chart Wave ((1)) ends at […]

SOXX is semiconductor ETF to provide concentrated exposure to the 30 largest US-listed semiconductor companies. This includes (i) manufacturers of materials with semiconductors that are used in electronic applications or in LED and OLED technology and (ii) providers of services or equipment associated with semiconductors. SOXX Daily Chart The market cycle began on December 2018 […]

The last time I looked at this chart was spring of 2021, in April.  At the time, I was looking for continued downside to take place before resuming higher.  You can view this article here.  What happened after I analyzed this chart?  Pretty much as expected.  Lets take a look at the view back in […]

SPX ended cycle from March 2020 and correcting that cycle in larger degree 3, 7, 11 swing. This article and video look at the Elliott Wave path.