In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dow Futures (YM_F) published in members area of the website. As our members knew, we’ve been favoring the long side in YM_F due to it having an incomplete bullish sequence against 3.23.2022 low. Moreover, Indices like FTSE are also showing […]
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Elliott Wave View: Alibaba Has Started the Next Leg Lower
Read MoreShort term Elliott Wave view in Alibaba (BABA) shows an incomplete sequence from May 4, 2019 peak. The decline from there can either unfold as a zigzag or impulsive Elliott Wave structure. We use the impulsive structure as the chart below shows that the rally to $183.44 ended wave ((2)). This means, Alibaba is now […]
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CHK Incomplete Bearish Sequences Calling The Decline
Read MoreHello fellow traders. In this technical blog we’re going to take a look at the charts of Chesapeake Energy Corporation Stock CHK published in members area of the website. As our members know CHK has had incomplete sequences in the cycle from the April 8th peak (3.57). Consequently , we advised clients to avoid buying […]
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Elliott Wave View: Nasdaq Looking to Turn Lower
Read MoreNasdaq is correcting cycle from April 25 peak in 3, 7, or 11 swing but it’s expected to turn lower. This article & video explains the short term Elliott Wave path.
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ICIC Bank Elliott Wave View Calls For Correction but Still Bullish
Read MoreICICI Bank Limited is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra with its registered office in Vadodara, Gujarat. As of 2018, ICICI Bank is the second largest bank in India in terms of assets and market capitalisation. In this technical blog, we would take a look at the cycle since […]
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Elliott Wave Analysis: Forecasting the Decline In TESLA
Read MoreIn this blog, I want to share with you some Elliott Wave charts of Tesla which we presented to our members earlier this month. You see the 1-hour updated chart presented to our clients on the 5/5/19. Tesla had a 1-hour right side tag against 268.56 peak suggesting more downside at that time. Tesla ended the cycle from […]
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Elliott Wave View: Rally in Netflix Expected to Fail
Read MoreNetflix shows a 5 waves impulse move from May 2, suggesting further downside. This article & video talks about the short term Elliott Wave path.