$SPX The Elliott wave Hedging is getting tighter The market is always a fight between the two sides, Buyer and Sellers. We in www.Elliottwave-forecast.com  understand the Market Nature and  always recommend trading the no-enemy areas. There are always areas where both sides, Buyers and Sellers agree into a move. We called these no-enemy areas which […]

In this blog, we look at the swing sequence in USDNOK pair down from 1.6.2016 peak and explain the reason for selling the pair back in February 2018. USDNOK is showing 5 swings down from 1.6.2016 peak which is an incomplete bearish sequence and calls for USDNOK Q2 target to be lower. As shown on […]

The Elliott Wave Theory states that after a five waves move, there will be a three waves correction in the opposite direction of the five waves. After the 3 waves correction, there should be an extension (either upside/downside) in the same direction of the previous five waves move. The chart below illustrates the 5 waves […]

Gold has been trending higher since making the lows at 12.3.2015. From $1046.54 low, Gold rallied in 3 waves into the 7.6.2016 peak ($1375.15) and then pullback in 3 waves into the low at 12.15.2016 ($1122.81). Cycle from 12.15.2016 low has a 4 hour Bullish sequence as the yellow metal shows 5 swing sequence with […]

Nikkei Futures (NKD_F) has dropped nearly 1500 points this week so we decided to do a video to show structure of the decline. As the chart in the video shows, the decline is unfolding as an impulse in which we have an extended wave ((iii)) and wave (iii) is also extended which makes it look […]

Wheat futures have rallied nearly 13% this week from an opening price of 455 to a high of 518 so far, so we decided to present Wheat Elliott Wave analysis to every one and show how we are viewing this rally and what we think will happen according to our analysis going forward. Wheat futures […]