Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of S&P 500 Index (SPX)  published in members area of www.elliottwave-forecast.com. As our members know, we were kept saying that SPX is having incomplete bullish sequences in the 1 Hour cycle as shown in Sequence Report. […]

DAX Short Term Elliott Wave view suggests that the Index ended Intermediate wave (X) pullback at 12731.46. The rally from there is unfolding as a 5 waves impulse Elliott Wave structure where Minutte wave (i) ended at 12943, Minutte wave (ii) ended at 12881.5, Minutte wave (iii) ended at 13408.5, and Minutte wave (iv) is proposed complete at […]

Short Term Nasdaq Elliott Wave view suggests that the rally from 12/5 low unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X ended at 6383.25.  This week, the Index made a new high above Minor wave W at 6545.75, suggesting the next leg higher has started. Internal of Minor wave W […]

Elliott Wave view for Nasdaq suggests that the rally from Intermediate wave (4) on 12/5 unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X ended at 6383.25.  The Index has made a new high above Minor wave W at 6545.75, which brings validity to this view. Subdivision of Minor wave W […]

Elliott Wave view for Nasdaq suggests that the Index has ended the correction to the cycle from 12/5 low at 6383.25 and from there it it has started the next leg higher. Up from Intermediate wave (4) low on 12/5, the rally unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X […]

Nasdaq Short Term Elliott Wave view suggests that the Index is correcting the rally from 12/5 low (6232.3). While dips remain above Intermediate wave (4) at 6232.3,  expect Index to extend higher. Rally from Intermediate wave (4) low unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X is in progress […]