Preferred Elliott Wave view suggests rally to 19770 completed wave (W) and wave (X) pull back is also proposed to be over at 18980 with a test of equal legs (100% Fibonacci extension). Move up from here is taking the form of a double three or (w)-(x)-(y) structure when wave (w) ended at 19590, wave (x) ended […]

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Preferred Elliott Wave view suggests rally to 12240 completed wave (( y )) and dip to 11975 completed blue wave ( w ) as a correction. Index has hit hit 100% ext of ((w)) to complete black ((y), and we view the DAX in a corrective ((x)) wave now lower.  After that we expect the Index to pull back in […]

Russell $RUT started the current cycle on 1.16.2015 which is taking the form of a WXY Elliott Wave structure. WXY is a 7 swing structure & Index is already trading higher in the 7th swing. This week we are expecting further upside in the Index toward 1240 – 1270 area from where it should make […]

DAX Index is showing 5 swings up from ((X)) low at 8904 (10.30.2014)  which is an incomplete sequence so we expect the Index to do a pull back in 6th swing & make another push higher to complete 7 swings to end a 7 swing cycle from 8904 low. Wave ( W) ended at 9469 […]

FTSE has been moving higher since 10.16 low in a corrective sequence which is incomplete. As per preferred Elliott Wave view, like more upside in the Index and we have 11 swings up from 10.16 low and while above 6334, we are expecting another 3 wave extension higher to complete 15 swings toward 100% extension […]