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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Netflix (NFLX) Extending higher as an Impulse
Read MoreNetflix stock symbol: (NFLX ) Short Term Elliott Wave view suggests that the cycle from December 06. 2017 low is extending higher as an Impulse sequence with extension in Minute wave ((iii)) higher. When each leg has an internal distribution of 5 waves thus favoring it to be an impulse. These 5 waves move higher should end either […]
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Prosperity Period for Airline Sector
Read MoreAir travel has become so commonplace that it would be hard to imagine life without it which made the airline industry is vital to our world. It contributes to global economy by connecting cities / countries and it enables the flow of goods / people. In the past, the airline industry was at least partly government […]
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High Frequency Box Provided 12% Profit in Russell
Read MoreIn this blog post, I want to discuss with you one of our recent High-Frequency box in the Russell Index which provided us with 12% in profit. We have been calling the Russell Index higher from the daily chart for a very long time. We are still bullish American indices, therefore, we have no other […]
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SPX Elliott Wave Analysis: More Upside Expected
Read MoreSPX Short Term Elliott Wave view suggests that Index is rallying as 5 waves impulse Elliott Wave structure from 12/2/2017 low. Up from 12/2/2017 low (2605.52), Minute wave ((i)) ended at 2665.19, Minute wave ((ii)) ended at 2624.75, Minute wave ((iii)) ended at 2807.54, and Minute wave ((iv)) ended at 2768.87. Index has since broken above Minute […]
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Small Caps Providing Floor For The DAX Index
Read MoreHello fellow traders, in this blog post, we will discuss the related indices to the DAX from Germany in a more bigger picture. Those mid/small caps could give us a floor for the DAX Index. We will discuss the MDAX, SDAX, and the TECHDAX Let’s start with the MDAX. The MDAX is a German stock index […]
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Elliott Wave Analysis: SPX Resumes Higher
Read MoreSPX Short Term Elliott Wave view suggests that the rally from 12/2/2017 low is unfolding as 5 waves impulsive Elliott Wave structure where Minute wave ((i)) ended at 2665.19, Minute wave ((ii)) ended at 2624.75, Minute wave ((iii)) ended at 2807.54, and Minute wave ((iv)) ended at 2768.64. Index has broken above Minute wave ((iii)) at 2807.54 […]