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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FTSE Elliott Wave View: Suggesting More Downside
Read MoreFTSE the index from UK, is correcting the larger degree cycle from February 2016 lows. While FTSE Elliott Wave Short-term price action suggests that the rally to February 27 high (7333.50) ended primary wave ((B)) bounce. Below from there, the decline is unfolding as a 5 waves Elliott Wave Impulse Sequence within primary ((C)) leg lower. Where each leg lower […]
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Did Data scandal Sink Facebook, The Social Networking Website?
Read MoreFacebook has been on the news lately when the world discovered that more than 50 million users had their personal data breached with the downloading of Kogan’s Application, a data harvesting route, which due to the lax of structure of Facebook’s APIs at the time, allowed the foreign political consultancy firm to acquire information on […]
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Elliott Wave Analysis: Calling The Weakness In Nifty
Read MoreToday, we will have a look at some Elliott Wave structures of Nifty which we presented to our members in the past at in the members area. Below, I attached our 4-hour weekend update chart presented to our members on the 03/04/18. Calling more downside after a double three Elliott wave correction. We suggested to […]
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$NKD_F Nikkei Correcting Cycle Up from 2/12/2016
Read More$NKD_F Nikkei Correcting Cycle Up from 2/12/2016 The Nikkei Index has a bullish daily sequence and trend however it currently is correcting the cycle up from the 2/12/2016 lows in 3, 7 or 11 swings. For now and due to other correlated markets structures we will presume this will be a 7 swing declining pullback. […]
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DAX Elliott Wave Analysis: Further Weakness Ahead?
Read MoreShort term Elliott Wave view in DAX suggests Primary wave ((B)) ended at 12434.7 on 3.16.2018. The decline from there is unfolding as a 5 waves impulse Elliott Wave structure. Down from 12434.7, Minor wave 1 ended at 12160, Minor wave 2 ended at 12375.5, Minor wave 3 ended at 11827, Minor wave 4 ended […]
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Will Trade War Weigh on the Market?
Read MoreTrade war with China Hurt Global Economy Last week global stock market slumped due to the prospect of all-out trade war which could destabilize global economy. US market closed sharply lower for the week with S&P 500 falling 5.6% and Dow Jones Industrial Average falling 6%. Asia markets also skidded with Nikkei 225 falling 6.3%, […]