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tricky_nik tricky_nik UKOIL, D, Short , 4 months ago
UKOIL: Crude Oil (Brent): Elliott Wave Analysis
124 0 3
UKOIL, D Short
Crude Oil (Brent): Elliott Wave Analysis

There must be a comprehensive text, but I'm too lazy to write it.

abhishekd abhishekd DHFL, W, 4 months ago
DHFL: DHFL Pitchfork
15 0 1
DHFL, W
DHFL Pitchfork

The earlier fall back to the median line and the vertical fall after a period of congestion suggests weakness close to median line. If price bounces from a small fall to 260-270 zone then we have bullish hopes, or else a fall to 235-240 zone is expected.

mikeoakster mikeoakster SPX500, M, Short , 7 months ago
SPX500: Long-term view
713 10 17
SPX500, M Short
Long-term view

This bearish outlook is due to applying a logarithmic scale, resulting in a rising wedge pattern which is confirmed by the ATR divergence and which has been breached, signalling the start of a new downtrend or simply a correction. If June's hanging man is confirmed, next target will probably be the bottom of the channel, but if price continues to decline and ...

mikeoakster mikeoakster SPX, M, Short , 9 months ago
SPX: Long term perspective
70 0 3
SPX, M Short
Long term perspective

Log scale is the critical factor of this analysis.

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