Short term Elliott Wave cycle suggests rally to 20060 ended wave ((X)). From this level, Index has turned lower and reached 100% equal leg, therefore the cycle is mature. However, in the short term, the Index still can extend lower as far as 19844 pivot stays intact. Decline from 20060 is unfolding as a triple three structure where […]

Short term Elliott Wave cycle suggests rally to 20060 ended wave ((X)). From this level, Index has turned lower and reached 100% equal leg, therefore the cycle is mature. However, in the short term, the Index still can extend lower as far as 19844 pivot stays intact. Decline from 20060 is unfolding as a triple three structure where […]

Revised short term Elliott Wave cycle suggests rally to 20060 ended wave ((X)). From this level, Index has turned lower in wave W with internal as a zigzag structure where wave ((a)) ended at 19395, wave ((b)) ended at 19840, and wave ((c)) lower is in progress as 5 waves. Near term, wave ((c)) of W is expected to […]

Short term Elliott Wave cycle suggests rally to 20060 ended wave ((X)). From this level, Index has turned lower in a double three structure where wave ((w)) ended at 19395, wave ((x)) ended at 19840, and wave ((y)) lower is in progress. Internal of wave ((y)) is unfolding as a double three structure and near term […]

Revised short term reading of the Elliott Wave cycle suggests the decline from 10/23 peak at 6488.18 is unfolding as a double three where wave (W) ended at 6079.8, wave (X) ended at 6447.34, and wave (Y) is in progress. Internal of wave (Y) is also in a double three where wave W is expected to complete at 6206.4 […]

Short term reading of the Elliott Wave cycle suggests the rally from  wave (4) low at 6079.8 is unfolding in a double three structure where wave W ended at 6366.8, wave X ended at 6221.04, and wave Y is in progress. Internal of wave Y is unfolding also in a double three where wave ((w)) ended at 6395.3, […]