In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dow Futures (YM_F) published in members area of the website. As our members knew, we’ve been favoring the long side in YM_F due to it having an incomplete bullish sequence against 3.23.2022 low. Moreover, Indices like FTSE are also showing […]
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FTSE Short Term Elliott Wave Update 12.1.2015
Read MoreShort 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 […]
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Russel 2000 Short Term Elliott Wave Update 10.2.2015
Read MoreBest reading of the cycle suggests the decline to 1105.9 ended wave ((W)), then the index bounced in wave ((X)) to 1193.85. From this level, the index has resumed the decline lower with the first leg of the decline wave (W) completed at 1078.63. Wave (X) bounce is currently in progress in 3, 7, or 11 swing. Most […]
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Russel 2000 Short Term Elliott Wave Update 10.1.2015
Read MoreBest reading of the cycle suggests that the decline to 1105.9 ended wave ((W)). From this level, the index bounced and ended wave ((X)) at 1193.85. The index has since resumed the decline lower, unfolding in a double corrective structure WXY where wave W ended at 1124.75, wave X ended at 1146.72, and wave Y […]
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Russel 2000 Short Term Elliott Wave Update 9.30.2015
Read MoreBest reading of the cycle suggests that the decline to 1105.9 ended wave ((W)). From this level, the index bounced and ended wave ((X)) at 1193.85. The index has since resumed the decline lower, unfolding in a double corrective structure WXY where wave W ended at 1124.75, wave X ended at 1146.72, and wave Y […]
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Russel 2000 Short Term Elliott Wave Analysis 9.29.2015
Read MoreBest reading of the cycle suggests that the decline to 1105.9 ended wave ((W)). From this level, the index bounced and ended wave ((X)) at 1193.85. The index has since resumed the decline lower, which is unfolding in a double corrective structure WXY where wave W ended at 1124.75, wave X ended at 1146.72, and wave […]
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Nifty Short Term Elliott Wave Update 9.3.2015
Read MoreDecline from wave ((X)) at 8653.13 ended at 7667 as wave (W). From this level, wave (X) bounce unfolded as a double corrective structure WXY, where wave W ended at 7907.4, wave X ended at 7777.1, and wave Y of (X) ended at 8092.66. From this level, wave ((w)) is proposed complete at 7699.25, and wave ((x)) is in progress towards 7896.01 […]