SPX rally to 2801.9 on 3.13.2018 ended Primary wave ((X)). Since then, the decline from there is unfolding as a double three Elliott Wave structure where Minor wave W ended at 2694.59 and Minor wave X ended at 2739.14. A double three is a WXY structure where the subdivision of each leg is corrective. Subdivision […]

Dow Jones (YM_F) Short Term Elliott Wave view suggests that the rally to 25535 on 12 March 2018 ended Intermediate wave (X). Intermediate wave (Y) is currently in progress to the downside and subdivision of Intermediate wave (Y) unfolded as a double three Elliott Wave structure. Down from 25535, Minute wave ((w)) ended at 24688, and […]

In this blog, we will have a look at a past Elliott wave short-term structures of the  JP Morgan Chase (JPM) Stock. In the chart below, you can see the 1-hour chart presented to members in our Live Session Webinar on the 03/02/18. We said to members that the JPM stock made a marginal new […]

Nasdaq soars to an all-time high after last Friday’s U.S. employment report which saw a massive 313,000 growth in February. This is the biggest number of jobs since July 2016, handily smashing the expectation of 200,000 jobs gain. For the fifth month in a row, the jobless rate remains unchanged at 4.1%, a 17-year low. […]

In this blog-post, I want to discuss and recap my Blog I did on the Dow Jones Transportation Index in December 2017. First of all, you need to understand that today’s market can advance in 2 types of sequences. The first type is 5-9-13 or motive sequence and the second type is the 3-7-11 or corrective […]

DAX is correcting higher degree cycle from February 2016. Short-term Elliott Wave view suggests that Primary wave ((X)) ended with the rally to 12597.51. Decline from there is unfolding as a Zigzag Elliott Wave structure where Intermediate wave (A) ended at 11725 and Intermediate wave (B) is proposed complete at 12270.50 high in New York earlier today. However, Index […]