Nikkei is correcting the cycle from July 25 high as a zigzag and can see sellers for more downside while rally fails in 3, 7, or 11 swing.

Decline in DAX from July 4 high (12660.5) is impulsive. Index should see further downside in the near term. This article talks about Elliott Wave path.

Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of XLF ( Financial Select Sector), published in members area of the website. Break of April 26th peak made December 2018 Cycle incomplete to the upside .Consequently XLF is bullish against the 25.72 low. We advised […]

Lockheed Martin (NYSE: LMT) has a current market cap of $104.3B and $56.46B in revenue, outperforming the defense sector companies in the recent years. The second quarter earnings report provided a clear indication that the bull case for the stock is intact with revenue up across the board. The technical picture for the stock is showing […]

DAX has reached 100% extension area in 3 waves from July 4 high and can see support soon. This article and video show the Elliott Wave path.

Hello fellow traders. Today, I want to share some Elliott Wave charts of the Nasdaq which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 07/21/19. showing that NQ ended the cycle from 06/13/19 low (7424.98) at the peak of 06/16/19 (8000) in red wave 1. […]