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How Bullish is the SPX, Can it see 3189 area?
Read MoreThis is Elliott Wave analysis video on SPX and DJUSRE (Dow Jones Real Estate Index) in which we are going to take a look if SPX can reach the 3189 area to the upside before ending the all time cycle. In order to answer it, we will look for a clue in the market by analyzing […]
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Gold short term weakness likely
Read MoreIn the video below, we provide an update of the Elliott Wave view on Gold-to-Silver ratio and explain why Gold and Silver still may see further weakness in the short term. Gold to Silver Ratio Daily Elliott Wave Chart Daily chart of Gold-to-Silver ratio above suggests that the ratio is correcting cycle from 2/29/2016 […]
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GBPNZD forecasting the rally & buying the dips
Read MoreThe video below is a capture from the London Live Session held on April 7th. Daud presented Elliott Wave count of GBPNZD ,explaining 2 pontential scenarios and trading strategy. GBPNZD Trading strategy As Daud mentioned in the video, we’re calling for further rally in the pair due to incomplete bullish sequences it’s having in 4 […]
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DAX Elliott Wave View: Short term top near
Read MoreThe move higher in DAX from 3/22 low is proposed to be unfolding as a zigzag Elliott Wave structure where the first leg Minutte wave (a) is subdivided in a 5 waves impulse Elliottwave structure and the third leg wave (c) is also subdivided into a 5 waves impulse Elliottwave structure. It’s not a good […]
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Using Ichimoku Indicator with Elliott Wave Seminar
Read MoreThe following text below is taken from the slides of Using Ichimoku Indicator with Elliottwave Chart Seminar recording. Trend Identification and Confirmation Most important aspect is the Cloud and Chikou Span BULLISH market = price and chikou span trade above cloud BEARISH market = price and chikou span trade below cloud When price is inside the […]
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EURUSD: Elliott wave sequence from February peak
Read MoreEURUSD Elliott Wave Sequence from 2/2 peak doesn’t support the idea of 5 wave impulse or even a series of 1,2’s. Decline from 2/2/2017 high to 2/15/2017 low was a 7 swing sequence and the decline from 2/16/2017 to 2/22/2017 low was also a 7 swing decline. This means neither leg down from 2/2/2017 peak was […]