In this Technical blog we are going to take a quick look at ASX (XAO) All ordinary from Australia is correcting the cycle from November 9,2016 lows. Where as the structure from January 09,2016 peak suggesting the index has broken below the January 23 low (5661), as shown below the 4 hour chart of ASX from […]

This is a daily Elliott Wave analysis of the aforementioned company. Firstly I will mention some of the company’s past history and merger. INTL Fcstone Inc is a Fortune 500 financial services industry firm listed on the Nasdaq exchange. The company has offices worldwide and is headquartered in New York City, NY in the United […]

Netflix (NFLX) is an American multinational entertainment company that specializes in streaming media , film and television production , as well as online distribution and DVD by mail. Last week , the company posted its biggest-ever quarterly subscriber growth with 7.05 million new subscribers beating its own expectations of 5.2 million . As we can see in the chart below that Netflix international […]

DAX extend the rally today and broke to a new high above blue (3). Index has reached 2.618 – 3.236 extension area where black wave ((iii)) can complete and we can see a pull back in black wave ((iv)) followed by more upside towards 11866 – 11951 area to complete red wave 3. We can […]

Financial Companies Review In our previous article we made an Overview of the financial sector and we mentioned that the overall performance was below average as most of the Top Financial Companies stocks were in the negative territory since the start of 2016. The acceleration to the upside came during the 4th quarter of the year after the US Election which […]

In this technical blog, let’s take a look at the $DAX instrument Elliott wave forecast we had since the beginning of 2017. Below is the $DAX 1/07/2017, 4 hr  weekend updated chart suggesting the rally in DAX from 11/9/2016 is unfolding as a Elliott wave triple three structure (also known as 11 swing sequence), where […]