Short term Elliott wave view in S&P 500 (SPX) suggests the rally from March 5, 2021 low is unfolding as a 5 waves impulsive structure. Up from March 5 low, wave ((i)) ended at 3983.87 and wave ((ii)) pullback ended at 3853.50. Internal of wave ((ii)) unfolded as a double three where wave (w) ended at 3886.75, wave (x) ended at 3955.31, and wave (y) ended at...
Short term Elliott wave view in Litecoin shows the crypto currency rallies in a 5 waves impulsive structure from February 22, 2021 low. Up from February 22 low, wave (1) ended at 230, and dips in wave (2) ended at 167.67. Wave (3) rally is currently in progress with internal subdivision as another 5 waves in lesser degree. Wave 1 ended at 244.9 and wave 2 pullback...
Short term Elliott wave view in GDX suggests that it is doing a recovery from March 03, 2021 low in a corrective structure. The internals of that bounce is unfolding as Elliott wave zigzag structure where the first leg of the bounce ended in wave A at $34.48 high. Down from there, the GDX made a 3 wave pullback in wave B with another lesser degree zigzag...
Short term Elliott wave view in GBPUSD suggests that the cycle from February 24, 2021 peak is unfolding as a double three structure. While the initial decline to March 25, 2021 low ended wave ((W)) at $1.3668 low. Up from there, the pair made a recovery in wave ((X)) bounce to correct the cycle from the 2/24/2021 peak. The internals of that bounce unfolded as...
Short term Elliott wave in NASDAQ suggests that the cycle from March 05, 2021 low is unfolding as an impulse sequence. Up from March 05 low, the rally to $13287.25 high ended wave (1). Down from there, the pullback in wave (2) unfolded as a zigzag structure where wave A ended at $12681.75. Wave B bounce ended at $13172 high and wave C ended at $12609.42 low thus...
The Elliott wave view in EURJPY suggests that the cycle from October 30, 2020 low is unfolding as an impulse structure and trading within wave (3) higher. While the short-term view suggests that the pullback to 3/24/2021 low (128.25) ended wave 4. Up from there, the rally higher is unfolding as an impulse structure where wave ((i)) ended at 128.86 high. Wave...
45 Minutes Elliott Wave chart below suggests AUDJPY ended wave (4) pullback at 82.26 in the blue box area. This area is the 100% – 161.8% Fibonacci extension area from wave (3) peak at 85.449. Pair has since turned higher in wave (5). The internal subdivision of wave (5) is unfolding as a 5 waves impulse Elliott Wave structure. Up from wave (4), wave ((i)) ended...
Short term Elliott Wave view suggests pair ended wave (4) pullback at 86.05. It has resumed higher in wave (5) and broken above previous wave (3) peak on March 18, 2021 peak. This suggests that the next leg higher in wave (5) has started. Up from wave (4), wave 1 ended at 86.82 and pullback in wave 2 ended at 86.06. Pair is forming an extended wave 3 (a nest),...
Rally from February 1, 2021 low in Dow Futures (YM) is unfolding as a 5 waves diagonal Elliott Wave structure. Up from February 1 low, wave 1 ended at 32033 and pullback in wave 2 ended at 30512. Index then resumed higher in wave 3 towards 33116 and wave 4 pullback ended at 31952. Internal of wave 4 unfolded as a double three Elliott Wave structure. Down from wave...
Short Term Elliott Wave suggests rally from January 29, 2021 low in SPX is unfolding as a 5 waves diagonal Elliott Wave structure. Up from January 29 low, wave 1 ended at 3950.43 and pullback in wave 2 ended at 3723.34. Up from wave 2 low, wave ((i)) ended at 3881.06 and pullback in wave ((ii)) ended at 3819.25. Index then resumed higher in wave ((iii)) towards...
Rally from September 21, 2020 low in $GBPJPY is unfolding as a 5 waves impulse Elliott Wave structure. Up from September 21, 2020 low, wave (1) ended at 140.7 and pullback in wave (2) ended at 136.79. Pair resumed higher again and ended wave (3) at 152.55 as 1 hour chart below shows. Wave (4) pullback is proposed complete at 148.52 as a double three Elliott Wave...
DAX Short term Elliott Wave View suggests that the rally from January 28, 2021 low is unfolding as a 5 waves impulsive Elliott Wave structure. The Index ended wave 3 of this impulsive rally at 14804.01. Internal of wave 1 unfolded as an impulse in lesser degree. Wave ((i)) of 3 ended at 14197.49, and pullback in wave ((ii)) of 3 ended at 13868.20. Index then...
Short term Elliott Wave View suggests that the decline to 222.47 ended wave (2). The stock has started wave (3) higher but still needs to break above wave (1) at 247.7 on January 27 high to avoid a double correction. Up from wave (2), wave ((i)) ended at 233.37 and pullback in wave ((ii)) ended at 227.13. The stock extended higher in wave ((iii)) at 237.03 and...
Short term Elliott Wave View suggests that rally from January 29 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from January 29 low, wave (1) ended at 85.098 and pullback in wave (2) ended at 83.597. Pair then resumed higher and ended wave (3) at 88.082. Internal subdivision of wave (3) unfolded as impulse in lesser degree. Up from wave (2) low,...
Short term Elliott Wave View suggests that AUDUSD ended wave ((4)) pullback at 0.7617. Pair however still needs to break above wave ((3)) high at 0.8007 to avoid a double correction. Up from wave ((4)) low, wave ((i)) ended at 0.7726 and pullback in wave ((ii)) ended at 0.7665. Pair then resumed higher in wave ((iii)) towards 0.7784 and pullback in wave ((iv))...
Short term Elliott Wave View suggests that CADJPY’s rally from March 1, 2021 low is unfolding a 5 waves impulse Elliott Wave structure. Up from March 1, 2021 low, wave 1 ended at 86.38 and pullback in wave 2 ended at 85.708. Up from there, wave ((i)) ended at 86.048 and wave ((ii)) pullback ended at 85.74. Pair then extended higher in wave ((iii)) towards 87.489,...
Short term Elliott Wave View suggests that the rally from September 2020 low is unfolding as a 5 waves impulse Elliott Wave structure. The 1 hour chart below shows wave (3) of this impulse ended at 35.2. Wave 4 of (3) ended at 32.16, and the rally in wave 5 of (3) unfolded as an impulse in lesser degree. Up from wave 4, wave ((i)) ended at 33.95, and pullback in...
Short term Elliott Wave View suggests that EURUSD ended wave ((4)) pullback at 1.1834. Internal of wave ((4)) unfolded as a zigzag Elliott Wave structure where wave (A) ended at 1.1951, wave (B) ended at 1.2243, and wave (C) ended at 1.1834. Wave ((5)) higher is now in progress as an impulse structure but pair still needs to break above wave ((3)) on January 6 at...