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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Tesla TSLA Providing the Floor in Stock market
Read MoreTESLA (NASDAQ:TSLA) shares spiked 7% higher today before closing the day at $268 same level as late March of last year. What’s hiding behind the move and can investors be relieved ? Shares of the electric-car maker are still down 16.5 percent since the beginning of the year, alongside other automakers like General Motors (NYSE:GM) Down […]
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AMAZON Elliott Wave Analysis: Tracking Recent Price Action
Read MoreIn today’s blog, we will have a look at some past short-term Elliott Wave structures of the Amazon stock which we presented to our members. In the first chart below, you can see the 4-hour weekend update chart presented to our members on the 03/25/18. Calling for a bounce in 3 waves at least to the […]
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North and South Korean peace in the Horizon based in Elliott Wave
Read MoreNorth and South Korean peace in the Horizon The Leaders of the North and South Korea will meet on April 27, 2018 for the first time since 2007 and hope for North and South Korean peace, the two countries announced last month. The meeting between President Moon Jae-in and Kim Jon Un will be held […]
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SPX Elliott Wave View: Further Weaknesses Likely
Read MoreSPX Elliott Wave view suggests rally to 2801.90 on 3/13/2018 ended Primary wave ((X)). Decline from there is unfolding as a double three Elliott Wave structure where Intermediate wave (W) ended at 2585.89 and Intermediate wave (X) ended at 2674.22. Subdivision of Intermediate wave (W) unfolded as another double three of a lower degree where Minor […]
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FTSE Elliott Wave Analysis: Inflection Area for Next Leg Lower
Read MoreLatest Elliott Wave view in FTSE suggests that the Index ended Primary wave ((B)) at 7326.02 on 2/27/2018 high. From there, Index starts a decline which is unfolding as a 5 waves impulse Elliott Wave structure with an extension in wave (3). Down from 2/27/2018 high, Intermediate wave (1) ended at 7062.13, Intermediate wave (2) ended at 7256.33, […]
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DAX Elliott Wave: Where Is The Next Selling Area ?
Read MoreDAX Elliott Wave view suggests Index decline from 12434 was in 5 waves which we have labelled as wave (1) of ((C)) down from 1.23.2018 (13596) peak. Drop to 12160 completed wave 1, bounce to 12375 was wave 2 which was followed by a very sharp decline to 11827 to complete wave 3. Wave 4 […]