Cycle from 11.22.2022 low is in progress as a 5 waves impulse Elliott Wave Structure. Up from 11.22.2022 low, wave 1 ended at 18373 and pullback in wave 2 ended at 16293. The crypto-currency then extends higher in wave 3 towards 24258 and pullback in wave 4 ended at 21396.16. Internal subdivision of wave 4 unfolded as an expanded flat as the chart below...
Cycle from 9.11.2022 low in Ethereum (ETHUSD) is in progress as a 5 waves impulse Elliott Wave structure. Up from 9.11.2022 low, wave 1 ended at 1714.10. Wave 2 dips is currently ongoing with internal subdivision as a zigzag Elliott Wave structure. Down from wave 1, wave (i) ended at 1605.6 and rally in wave (ii) ended at 1696.90. The crypto currency extends lower...
Cycle from 12.10.2022 low in Oil is in progress as an impulse Elliott Wave structure. Up from 12.10.2022 low, wave 1 ended at 82.64 on 1.23.2023 high and wave 2 pullback ended at 72.39 as the 1 hour chart below shows. Internal subdivision of wave 2 unfolded as a zigzag Elliott Wave structure. Down from wave 1, wave ((a)) ended at 76.55, rally in wave ((b)) ended...
Short term Elliott Wave in USDCAD suggests the decline from 12.17.2022 high ended at 1.3258 as wave (A). Down from 12.17.2022 peak, wave 1 ended at 1.348 and rally in wave 2 ended at 1.3685. Pair extends lower again in wave 3 towards 1.3318 and bounce in wave 4 ended at 1.352. Final leg lower wave 5 ended at 1.3258 which completed wave (A). Wave (B) rally is...
Silver ended cycle from 9.1.2022 low as a 5 waves impulse Elliott Wave structure. Up from there, wave (1) ended at 20 and pullback in wave (2) ended at 17.97. The metal extends higher in wave (3) towards 24.54 and pullback in wave (4) ended at 22.98. Final leg higher wave (5) ended at 24.6 which completed wave ((1)) in higher degree. Pullback in wave ((2)) is in...
Cycle from 12.30.2022 low ended in wave (1) at 0.414 as a 5 waves. Up from 12.30.2022, wave 1 ended at 0.281 and pullback in wave 2 ended at 0.272. The crypto-currency extends higher in wave 3 towards 0.37 and dips in wave 4 ended at 0.325. Final leg higher ended wave 5 at 0.414 which completed wave (1) in higher degree as the chart below shows. Internal...
Cycle from 10.3.2022 low in American Airlines (AAL) is in progress as a 5 waves impulse Elliott Wave structure. Up from 10.3.2022 low, wave ((i)) ended at 15.18 and dips in wave ((ii)) ended at 12.23. The stock resumes higher in wave ((iii)) towards 17.64 and pullback in wave ((iv)) ended at 15.73. Internal subdivision of wave ((iv)) unfolded as a zigzag structure...
DAX is showing bullish impulsive Elliott wave sequence started from September-2022 low. It placed (1) at 14584.6 high and (2) at 13791.5 low on 12/20/2022. Above there, it favors higher in wave (3) and favors higher. It already showing higher high sequence favors short term strength to continue, while dips remain above 1/30/2023 low of ((ii)). In wave (1), it...
S&P 500 (SPX) showing short term bullish Elliott wave sequence against October-2022 low. It proposed ended wave II correction at 10/13/2022 low of 3528.7 against daily sequence. Above there, it placed (1) at 4087.3 and (2) at 3764.5 low on 12/22/2022. It confirms higher high bullish sequence above (1) high, calling for further strength to continue. It placed wave...
TESLA (TSLA) showing short term Elliott wave impulsive sequence started from 1/06/2023 low. It should remain supported in 3, 7 or 11 swings and extend higher. Short term, it placed ((iv)) correction at 162.78 low against 1/19/2023 low and favors upside in ((v)) of 3 of (3). It proposed ended weekly correction at 101.20 low at weekly blue box area and favors higher...
In short term Elliott wave sequence, EURUSD favors pullback in wave 2 started from 1/26/2023 high before upside resumes in wave 3. It is correcting in wave 2 in 3, 7 or 11 swings against the bullish sequence from 1/06/2023 low and expect to find support at extreme areas before turning higher. Since 1/06/2023 low, it placed ((i)) at 1.0868 high in wave 1. Below...
Cycle from 11.23.2022 is unfolding as a 5 waves nesting Elliott Wave impulse. Up from 11.23.2022 low, wave ((i)) ended at 1810.04 and pullback in wave ((ii)) ended at 1773.92. The metal then is nesting within wave ((iii)). Up from wave ((ii)), wave (i) ended at 1823.82 and dips in wave (ii) ended at 1795.90. The metal then extends higher in wave (iii) towards...
NVDA shows a bullish sequence from 10.13.2022 low favoring further upside. A 100% – 161.8% Fibonacci extension target from 10.13.2022 low can see the stock rallying to 219 – 268. Near-term cycle from 12.28.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 12.28.2022 low, wave (1) ended at 178.73 with internal subdivision as another 5...
Cycle from 12.23.2022 low is in progress as an impulse Elliott Wave structure. Up from 12.23.2022 low, wave ((i)) ended at 385.71 and pullback in wave ((ii)) ended at 376.42. The ETF extends higher in wave ((iii)) towards 398.78. Internal of wave ((iii)) unfolded as another impulse in lesser degree. Up from wave ((ii)), wave (i) ended at 384.35 and dips in wave...
Cycle from 19 December 2022 low is ongoing as a 5 waves impulse Elliott Wave structure. The starting wave from 19 December low at 16306.36 is wave 2. Wave 3 higher is currently in progress with internal subdivision as another 5 waves in lesser degree. Up from wave 2, wave ((i)) ended at 17046 and pullback in wave ((ii)) ended at 16337. Internal of wave ((ii))...
Oil shows a bullish sequence from 12.10.2022 low favoring further upside. Rally from there is unfolding as a 5 waves impulse Elliott Wave structure. Up from 12.10.2022 low, wave 1 ended at 81.50 and pullback in wave 2 ended at 72.46. Internal subdivision of wave 2 took the form of a zigzag structure as the chart below shows. Down from wave 1, wave ((a)) ended at...
Cycle from 12.13.2022 high in Dow Futures (YM) is unfolding as a zigzag Elliott Wave structure. Down from 12.13.2022 high, wave A ended at 32686. Wave B rally ended at 34487 as the 90 minutes chart below shows. Internal subdivision of wave B unfolded as a zigzag structure in lesser degree. Up from wave A, wave ((a)) ended at 33663 and dips in wave ((b)) ended at...
1 hour chart of Gold Miners ETF (GDX) below shows that the pullback to 27.54 ended wave (2). The ETF has since extended higher in wave (3). Internal subdivision of wave (3) is in a 5 waves impulsive Elliott Wave structure. Up from wave (2), wave ((i)) ended at 29.32 and pullback in wave ((ii)) ended at 28.12. Then the ETF rallied higher in a nest. Up from wave...