Dow Jones futures ticker symbol: $YM_F short-term Elliott wave view suggests that the pullback to 24227 low on 5/29/2018 ended Minor wave 4 pullback. Above from there, the rally is unfolding as impulse Elliott wave structure with extension in 3rd wave higher. As impulse, the internal of Minute degree wave ((i)), ((iii)) and ((v)) should […]

Nike ticker Symbol: $NKE short-term Elliott wave view suggests that the rally to 73.47 high ended intermediate wave (3) as impulse. Down from there, the stock made a pullback in intermediate wave (4) pullback as Zigzag correction when internal Minor wave A ended at 71.65. Minor wave B ended at 72.53 high and Minor wave […]

Nifty MIDCAP super cycle from 2009 low remains in progress as an impulse and we believe the Index is still within the powerful wave (III). Rally from March 2009 low to November 2010 was wave (I), dip to August 2013 low completed wave (II). Up from there rally to April 2015 peak (3581) completed wave […]

FTSE short-term Elliott wave view suggests that the rally to 7903.50 high on 5/22/2018 peak ended primary wave ((1)). This rally to 7903.5 starts from 3/23/2018 low and took the form of an impulse Elliott wave structure. The index is currently in Primary wave ((2) pullback to correct cycle from 3/23/2018 low. So far the […]

SPX short-term Elliott wave view suggests that the rally from 4/02/2018 low (2553.8) is extending higher in 5 waves structure. These 5 waves are expected to be part of a leading diagonal structure within intermediate wave (1) higher. The move higher from 2553.8 low has the characteristic of a diagonal where the internal distribution of each leg higher […]

Firstly the KOSPI Index in the long term has been trending higher with other world indices since inception in 1983. The index began with a base value set at 100 and trended higher until it ended that cycle in 1994. The index then corrected that cycle with the dip into 1998 lows during the Asian Financial […]