Short term Elliott Wave suggests the decline from May 20, 2021 high is unfolding as a diagonal. Down from May 20 high, wave 1 ended at 31107.46 and rally in wave 2 ended at 41341.57. The crypto currency declined again in wave 3 towards 28600 and bounce in wave 4 is proposed complete at 36687.78. Internal subdivision of wave 4 unfolded as a double three Elliott...
Short term Elliott Wave suggests the rally from June 17, 2021 low is unfolding as a 5 waves impulsive Elliott Wave structure. Up from June 17 low, wave ((i)) ended at 74.25 and wave ((ii)) pullback ended at 72. Internal of wave ((ii)) unfolded as an expanded Flat. Down from wave ((i)), wave (a) ended at 72.32, rally in wave (b) ended at 74.45, and wave (c) lower...
Short term Elliott Wave suggests the rally from March 25, 2021 low is unfolding as a leading diagonal. Up from March 25 low, wave 1 ended at 2298.3 and pullback in wave 2 ended at 2112.6. Index then resumes higher in wave 3 towards 2350.30 and pullback in wave 4 ended at 2206.20. Wave 5 is currently in progress with internal subdivision as a 5 waves impulse in...
Short term Elliott Wave View in GBPUSD suggest that the decline from June 1, 2021 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from June 1, wave (1) ended at 1.3784 and rally in wave (2) ended at 1.4. Wave (3) lower is currently in progress and unfolding in a 5 waves impulse in lesser degree. Down from wave (2), wave (i) ended at 1.3946 and...
Short term Elliott Wave View in Dow Futures (YM) suggest cycle from March 2020 low remains intact in a 5 waves impulse Elliott Wave structure. The 45 minutes chart below shows wave ((4)) of this impulse ended at 32891. The Index has turned higher in wave ((5)) with the internal unfolding as another impulse in lesser degree. It still needs to break above previous...
Short term Elliott Wave View in Amazon (AMZN) suggests the rally from May 11, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from May 11 low, wave ((1)) ended at 3312 and pullback in wave ((ii)) ended at 3172.2. The stock then resumed higher in wave ((iii)) which ended at 3524.86. The internal of wave ((iii)) unfolded as another impulse in...
Elliott Wave View in AUDJPY suggests the rally from March 19, 2020 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from March 19, 2020 low, wave ((1)) ended at 78.46 and pullback in wave ((2)) ended at 73.14. Pair then resumes higher in wave ((3)) towards 85.81. Wave ((4)) pullback has ended at 82.1. Internal of wave ((4)) unfolded as a zigzag...
NZDUSD shows an incomplete bearish sequence from February 25, 2021 high favoring further downside. Near term, cycle from May 26, 2021 peak remains in progress as a zigzag Elliott Wave structure. Down from May 26 peak, wave A ended at 0.7125 and wave B rally ended at 0.7242. Wave C lower is in progress as a 5 waves in lesser degree. Down from wave B, wave (i) ended...
Short Term Elliott Wave view in S&P 500 E-Mini Futures (ES) from October 2020 low is unfolding as an impulse Elliott Wave structure. In the 60 minutes chart below, we can see the rally to 4258.37 ended wave (3) of this impulse. Wave (4) is currently in progress to correct cycle from February 1, 2020 low before the rally resumes. Internal subdivision of wave (4) is...
Short Term Elliott Wave view in Oil (CL) suggests the rally from March 24 low is unfolding as an impulse Elliott Wave structure. Up from March 24 low, wave 1 ended at 67.02, and pullback in wave 2 ended at 61.56. Wave 3 rally is proposed complete at $73 as the 30 minutes chart below shows. Pullback in wave 4 is currently in progress to correct cycle from May 21...
Short Term Elliott Wave view in EURUSD suggests the decline from May 25 peak is unfolding as a double three Elliott Wave structure. Down from May 25 peak, wave W ended at 1.2102 and bounce in wave X ended at 1.2218. Internal subdivision of wave X unfolded as a zigzag Elliott Wave structure. Up from wave W, wave ((a)) ended at 1.2185 and pullback in wave ((b))...
Short Term Elliott Wave in CADJPY suggests the rally to 91.19 ended wave (3). Wave (4) pullback is currently in progress with internal subdivision as a zigzag Elliott Wave structure. A zigzag structure is a 3 waves corrective structure labelled as ABC. The internal of ABC is a 5-3-5 structure where both wave A and C are in 5 waves. Down from wave (3), wave ((i))...
Elliott Wave view in Gold (XAUUSD) suggests the rally from March 31, 2021 low ended wave (1) at 1916.53. Pullback in wave (2) ended at 1855.10 as a zigzag Elliott Wave structure. Down from wave (1), wave A ended at 1891.70 and bounce in wave B ended at 1909.69. Final leg wave C of (2) ended at 1855.10 as a 5 waves impulse. The metal has turned higher in wave (3)...
Elliott Wave view in USDJPY suggests the rally from April 23 low to 110.34 ended wave (2). The internal of wave (2) unfolded as a zigzag Elliott Wave structure. Up from April 23 low, wave A ended at .109.7, wave B ended at 108.31, and wave C ended at 110.34. Pair has turned lower in wave (3) but still needs to break below previous April 23 low at 107.45 to rule...
Elliott Wave view in ASX 200 (XJO) suggests the rally from February 1, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from February 1 low, wave 1 ended at 6938 and pullback in wave 2 ended at 6648.6. The Index resumes higher in wave 3 towards 7172.8 and pullback in wave 4 ended at 6919.4. Wave 5 is currently in progress and the internal...
Short term Elliott Wave view in Dollar Index (DXY) suggests cycle from March 31, 2021 peak has ended. Index is now correcting that cycle and the correction should unfold in 3, 7, or 11 swing. The rally from May 25, 2021 low is currently unfolding as a zigzag Elliott Wave structure. Up from May 25 low, wave A ended at 90.44. Internal subdivision of wave A unfolded...
Short term Elliott Wave view suggests rally from May 13, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from May 13 low, wave ((i)) ended at 2245.1 and pullback in wave ((ii)) ended at 2152.35. The Index has started to rally again within wave ((iii)). Up from wave ((ii)) low, wave i ended at 2193.8 and dips in wave ii ended at 2170.20....
Short term Elliott Wave view suggests Alphabet (GOOGL) ended wave 4 pullback at 2191. The stock has since turned higher but still needs to break above previous wave 3 peak on April 28, 2021 peak at 2431.38 to rule out a double correction. Internal subdivision of wave 4 unfolded as a double three Elliott Wave structure. Down from wave 3, wave ((w)) ended at 2256.68...