Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of DAX, published in members area of the website.  As our members know, the Index has incomplete bullish sequence in the cycle from December’s  low. The Elliott wave structure has been calling for further strength.  Consequently, […]

SPX pulled back in 3 waves last week and put in a strong rally which has already resulted in new highs. In this blog, we are going to take a look at structure of this 3 wave pull back and the subsequent reaction from the blue box. We share one chart from members area every […]

Patience is Paying Off for Traders that are Long XLP After consolidating sideways for over two weeks XLP appears to be rewarding longs for their patience. Since 12/26/2018, XLP has risen from a low of $48.33 to its most recent high of $54.84 on 2/19/2019. This represents a 13.47% gain trough to peak. During that […]

The major component stocks of XLF begin to report earnings for Q4 2018 the week of January 14th. This includes banking stocks such as C (reporting on 1/14/2019) and JPM (reporting on 1/15/2019). January 16th will see more banking  stocks such as WFC, BAC, GS, and USB report. This brief explores the near-term price structure […]

Near Term Top XAU/USD Correlated to Short in GDX Subscribers of our Group 3 offerings at EWF know that we are intensively tracking the Elliott wave structure and cycle in GDX anticipating a top in the Vaneck Vectors Gold Miners ETF. Likewise our Group 1 Subscribers are aware we are simultaneously charting for a near […]

Hello fellow traders.  Another instrument that we have been trading lately is EURUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the website.  As our members know, EURUSD has incomplete bearish sequences in the cycle from the 02/16 peak. Consequently, […]