Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dow Jones Futures ( $YM_F ) published in members area of the Elliottwave-Forecast. As our members know, INDU is showing incomplete bullish sequences in the cycle from the December 2018 low. Consequently we recommended members […]
Elliott Wave View: Dow Jones Future ($YM_F) Bullish Structure Likely Extends
Elliott Wave view on Dow Jones Futures ($YM_F) suggests that the rally from October 3, 2019 low is unfolding as an impulse Elliott Wave structure. In the 1 hour chart below, rally to 28893 ended wave (3) and pullback to 28084 ended wave (4). Index has resumed higher within wave (5). Up from 28084 low, wave […]
Elliott Wave View: Dow Jones Futures Ending 5 Waves Rally
Dow Jones Future (YM_F) rally from Oct 3 low is impulsive. The 5 waves rally should end soon & Index should pullback in 3 waves before the next leg higher.
The Dow Jones Transportation Index Is Sending Warnings
Hello fellow Traders. The Dow Jones Transportation Average is showing why the biggest acceleration across World Indices has already passed. The Elliott Wave Theory classic pattern is represented in the following chart which shows the idea of a 5 waves advance followed by a 3 waves pullback. The basic Elliott Wave pattern is […]
Elliott Wave View: Dow Jones Futures (YM_F) Has Resumed Higher
Dow Jones Futures (YM_F) shows incomplete sequence from June 3 low favoring more upside. This article and video shows the Elliott Wave path.
Elliott Wave View: Dow Jones Futures Correction to Find Buyers
Dow Jones Futures (YM_F) shows 5 waves up from June 3 low favoring more upside. This article & video shows the short term Elliott Wave structure.
