Hello Traders, IYR ended the cycle from 03/23/18 (72.71) low at the peak of 07/06/18 (82.20) in blue wave (3). Below from there, the ETF ended the correction from 07/06/18 (82.20) peak in blue wave (4) at 79.23 low. Up from there, the ETF ended the cycle from 07/25/18 low in red wave W at 08/20/18 (83.62) peak. The internals of that move unfolded as a Elliott...
Hello Traders, Short-term Elliott Wave view on YM_F (Dow Futures ) suggests that the pullback to 24956 low ended red wave 4. Up from there, Index is rallying within red wave 5 to end a 5 waves up from 4/2/2018 low. Black wave ((i)) of 5 is currently in progress with internal subdivision as an impulse structure, This suggests lesser degree cycles in the direction...
Hello Traders, EURUSD short-term Elliott Wave analysis suggests that the bounce to 1.1747 high ended red wave 2. Down from there, red wave 3 ended at 1.1299 low. The internals of that decline unfolded as impulse structure with lesser degree cycles are showing sub-division of 5 waves structure lower in it’s each leg lower i.e Black wave ((i)), ((iii)) & ((v))....
Hello Traders, AUDUSD short-term Elliott wave view suggests that the bounce to 0.7455 high ended blue wave (B). Down from there, the pair has broken to new lows confirming the blue wave (C) lower. The internals of the decline is unfolding as impulse where red wave 1, 3 & 5 are expected to unfold in 5 waves structure. While red wave 2 & 4 can be can be any 3 waves...
Hello Traders, In this short-term analysis, we will have a look GBPUSD. Short-term Elliott wave view suggests that the rally to 1.3217 high ended red wave 2 bounce. Down from there, red wave 3 was taking place as impulse structure with lesser degree cycles are showing sub-division of 5 waves structure lower in it’s each leg lower i.e black wave ((i)), (( iii...
Hello Traders, In this short-term analysis, we will have a look at the German DAX Index. DAX short-term Elliott wave analysis suggests that the rally to 12882.05 high ended red wave X bounce. The internals of that bounce unfolded as Elliott wave double three structure where black wave ((w)) ended at 12640.87. Black wave ((x)) ended at 12468.68 and black wave...
Hello Traders, In this Elliott Wave analysis, we will have a look at the Technology ETF. The ETF ended the cycle from 06/28/18 low in red wave 1 at the peak of 07/25/18 (74.26). The internals of red wave 1 unfolded as a 5 wave Elliott Wave impulsive structure. Where black wave ((i)) ended at 06/29/18 peak (70.08), black wave ((ii)) pullback at 07/02/18 (68.73)....
Hello Traders, Short-term Elliott wave analysis suggests that the bounce to $70.44 high ended blue wave (2). The internals of that bounce took place as Elliott wave double correction where red wave W ended in 3 swings at $69.92. From there, the pullback to $68.26 completed the red wave X in 3 swings. Then a bounce higher to $70.44 high ended red wave Y in...
Hello Traders, In this Elliott Wave Analysis, we will have a look at the Real Estate ETF (IYR). IYR ended the cycle from 03/23/18 (72.71) low at the peak of 07/06/18 (82.20) in blue wave (3). Below from there, the ETF ended the correction from 07/06/18 (82.20) peak in blue wave (4) at 79.23 low. Up from there, it broke already to new highs, confirming that the...
Hello Traders, Dow Futures short-term Elliott wave view suggests that the rally from 6/28/2018 low cycle to 25572 high on 7/27/2018 peak ended red wave 1. The internals of that rally higher took place as an impulse structure with sub-division of 5 waves structure in each leg higher. Down from there, the index corrected the 6/28/2018 cycle in 3 swings pullback &...
Hello Traders, Today we will have a look at NASDAQ in the 1-hour timeframe. Short-term Elliott wave analysis suggests that the decline to $7167.37 low ended blue wave (2) pullback. The internals of that pullback unfolded as Elliott Wave Flat correction where red wave A ended at $7311.50 low. Above from there, the bounce to $7530 high ended red wave B bounce as...
Hello Traders, In this Elliott Wave Analysis, we will have a look at the Bausch Health stock. BHC ended the cycle from 03/01/18 (14.45) low at the peak of 06/13/18 (27.77) in black wave ((1)). Below from there the stock is currently correcting the cycle from 03/01/18 low in 3-7 or 11 swings in black wave ((2)) before more upside can be seen. Near-term BHC ended...
Hello Traders, In this analysis, we will have a look at the Nifty index from India in the 4-hour timeframe. Nifty Elliott wave analysis suggests that the rally to 11171.55 high ended black wave ((3)). Down from there, the decline to 9951.9 low ended black wave ((4)) pullback. The internals of that pullback unfolded as Elliott wave double three structure with...
Hello Traders, In this short-term Analysis, we will have a look at the SPX. SPX Short-term Elliott Wave analysis suggests that the pullback to $2691.80 low on 6.28.2018 ended blue wave (2). Above from there, the rally higher to $2848.03 peak ended red wave 1. The internals of that rally higher took the form as impulse Elliott wave structure where black wave...
Hello Traders, In this Elliott Wave Analysis, we will have a look at Tesla in the 1-hour timeframe. Tesla ended the cycle from 04/02/18 low (245.19) at the peak of 06/18/18 (373.85) in blue wave (1). Below from there, the stock is in the progress of correcting the cycle from 04/02/18 low in 3-7 or 11 swings lower in blue wave (2). The internals of blue wave (2)...
Hello Traders, DAX short-term Elliott wave analysis suggests that the pullback to 6.28.2018 low ended blue wave (2) at 12088.56. Up from there, the rally higher to 12769.8 higher ended red wave 1. The internals of that rally higher took place as impulse structure with internal sub-division of 5 wave structure in black wave ((i)), ((iii)) & ((v)). On the other...
Hello Trades, Today we will have a look at bitcoin in the 1-hour timeframe. Short-term Elliott wave analysis suggests that the decline to $6072 low ended red wave 2 pullback. The internals of that pullback unfolded as Elliott wave Flat correction where black wave ((a)) ended in 3 swings at $6445.31 low. Black wave ((b)) bounce ended in 3 swings at $6820 high and...
Hello Traders, Let's have a look at the Amazon 1 hour chart. Short-term Elliott wave analysis suggests that pullback to $1646.48 low ended blue wave (2). Above from there, the stock is rallying higher in blue wave (3). The internals of that extension higher is unfolding as Elliott wave impulse structure with sub-division of 5 waves. Above from $1646.48 low, the...