The Nifty 50 Index has a bullish sequence from the lows to the all time highs. The index currently shows nine swings up from the all time lows into the 2018 highs. It is now correcting the cycle higher from the February 2016 lows. This is noted on the chart with the red 8 label. In […]

The Indices larger pullback from the highs is purely technical despite whatever fundamental or reason the news suggests. I will show the technical reasoning in this article. We will look at the Nikkei, FTSE, as well as the Hang Seng indices cycles up from the 2009 and 2008 lows. Each of these indices are shown […]

Escalation in U.S. and China Trade War On Tuesday, the White House published a list of 1300 Chinese products subject to tariffs with total value of $50 billion. It’s however still subject to a review process which will last through at least May before it takes effect. The U.S. list focuses on high-tech item such […]

AT&T ticker symbol: ($T) short-term AT&T Elliott Wave view suggests that the bounce to 3/13 high (37.81) ended Intermediate wave (X) bounce. Below from there, intermediate Y leg lower remains in progress as a Zigzag correction. Where initial decline unfolded in 5 waves Elliott Wave Impulse Sequence with extension in Minor wave A. Which can be seen in […]

Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NASDAQ published in members area of the website. As our members know, NQ #F have had incomplete sequences in the 4H cycle , according to Sequence Report. Consequently, we advised clients to keep on selling […]

Latest Elliott Wave view in Tesla (TSLA) suggests that the decline from 2.27.2018 ($359.99) is unfolding as an impulse Elliott Wave structure. Down from 2.27.2018 high, Minor wave 1 ended at $322.97, Minor wave 2 ended at 347.21, and Minor wave 3 ended at $244.59. Minor wave 3 has an extension and also have 5 waves […]