Short term Elliott Wave view in S&P 500 (SPX) suggests that the rally from 3.13.2023 low is unfolding as a 5 waves impulse structure. Up from 3.13.2023 low, wave ((i)) ended at 4186.92. Dips in wave ((ii)) ended at 4046.07 as the 60 minutes chart below shows. Up from there, wave (i) ended at 4147.02 and pullback in wave (ii) ended at 4098.92. Index extends higher...
Nvidia (NVDA) pullback to 396.59 ended wave (4) as the 30 minutes chart below shows. Internal subdivision of wave (4) unfolded as a double three Elliott Wave structure. Down from wave (3) on 6.21.2023 peak, wave ((a)) ended at 420.8 and wave ((b)) rally ended at 434.67. The stock resumed lower in wave ((c)) towards 418.75 and this completed wave W. Rally in wave X...
Litecoin (LTCUSD) shows a bullish sequence from 6.14.2022 low favoring further upside. Short term, rally from 3.11.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.11.2023 low, wave 1 ended at 103.41 and pullback in wave 2 ended at 71.37. The crypto currency has extended higher again in wave 3. Up from wave 2, wave (i) ended at 78.43...
Short term view in AAL (America Airlines) suggests the rally from 5.24.2023 low is ongoing as a 5 waves impulse Elliott Wave structure. Up from 5.24.2023 low, wave ((i)) ended at 16.78 and dips in wave ((ii)) ended at 15.92. Internal subdivision of wave ((ii)) unfolded as a zigzag structure. Down from wave ((i)), wave (a) ended at 16, wave (b) ended at 16.39, and...
Short term view in EURJPY suggests rally from 5.11.2023 low is unfolding as a 5 waves impulse. Up from 5.11.2023 low, wave ((i)) ended at 151.06 and pullback in wave ((ii)) ended at 148.596. The pair then rallies higher in wave ((iii)) in 5 waves of lesser degree. Up from wave ((ii)), wave (i) ended at 150.19 and pullback in wave (ii) ended at 148.61. Pair...
Short term view in Apple (AAPL) suggests the rally from 3.2.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.2.2023 low, wave 1 ended at 166.84 and dips in wave 2 ended at 159.78. The stock extends higher again in wave 3 towards 184.95 and pullback in wave 4 ended at 182.6. The stock has turne dhigher in wave 5. Up from wave 4, wave...
Short term Elliott Wave View in E-mini S&P 500 Futures (ES) suggests the rally from 3.13.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.13 low, wave ((i)) ended at 4206.25 and dips in wave ((ii)) ended at 4062.25. The Index extends higher in wave ((iii)) towards 4493.75. Pullback in wave ((iv)) completed at 4368.59 with internal...
GBPUSD shows an incomplete bullish sequence from 9.26.2022 low and 3.8.2023 low favoring further upside. Near term, rally from 5.26.2023 low ended wave 1 at 1.2848 as a 5 waves impulse Elliott Wave structure. Up from 5.26.2023 low, wave ((i)) ended at 1.2545 and pullback in wave ((ii)) ended at 1.2367. Pair then rallied again in wave ((iii)) towards 1.2699, and...
Short term view in Ethereum (ETHUSD) from 3.10.2021 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.10.2021 low, wave 1 ended at 2140.8 and dips in wave 2 ended at 1622.7 as the 2 hour chart below shows. Internal subdivision of wave 2 unfolded as a double three Elliott Wave structure. Down from wave 1 at 4.16.2021 high, wave ((w)) ended...
Short term view in Bitcoin (BTCUSD) from November 21, 2022 low is in progress as a 5 waves impulse with extension (nesting). Up from November 21, 2022 low, wave (1) ended at 25270 and dips in wave (2) ended at 19569 as the chart below shows. The crypto-currency has extended higher in wave (3) with internal subdivision as a 5 waves impulse. Up from wave (2), wave...
Short term, SPY favors higher in impulse Elliott wave sequence started from 5.04.2023 low and expect further strength to continue in wave 3. SPY finished wave 1 at 417.62 high started from 3.13.2023 low. It placed ((i)) at 402.49 high and ((ii)) at 389.33 low as 0.618 Fibonacci retracement. It finished ((iii)) of 1 at 416.06 high and ((iv)) at 403.78 low. Finally,...
Rally in Nasdaq 100 ETF (QQQ) from 3.13.2023 low is in progress as a 5 waves Elliott Wave impulse. Up from 3.13.2023 low, wave 1 ended at 322.16 and pullback in wave 2 ended at 309.8. The Index then extends higher in wave 3. Up from wave 2, wave ((i)) ended at 323.63 and dips in wave ((ii)) ended at 315.2. Rally in wave (((iii)) ended at 357.5 and pullback in wave...
Short Term Elliott Wave View in AUDUSD suggests the pair ended wave (B) at 0.6458. Pair has turned higher in wave (C) with subdivision as a 5 waves impulse Elliott Wave structure. Up from wave (B), wave ((i)) ended at 0.6638 and pullback in wave ((ii)) ended at 0.6578. Pair resumes higher in wave ((3)) and nesting in lesser impulsive structure. Up from wave...
Short Term Elliott Wave View in DAX suggests the rally from 3.20.2023 low is in progress as a 5 waves impulse. Up from 3.20.2023 low, wave 1 ended at 15298.49 and pullback in wave 2 ended at 14809.82. Index then extends higher in wave 3 towards 16331.94. Pullback in wave 4 is unfolding as a zigzag Elliott Wave structure. Down from wave 3, wave ((a)) ended at...
Short term, SPX favors upside in wave ((iii)) of 3 started from 4048.28 low of 5.04.2023 and expect to remain supported in pullback. It is nesting as the part of impulse Elliott wave structure and favors further upside. It placed 2 of (3) at 3838.24 low and ((i)) of 3 at 4186.92 high. Within wave ((i)), it favored ended (i) at 4039.49 high and (ii) at 3914.24 low...
Short Term Elliott Wave in Copper (HG) suggests the metal ended wave ((2)) pullback at 3.54. The metal has turned higher in wave ((3)). Rally from wave ((2)) low is unfolding as a 5 waves impulse Elliott Wave structure. Up from wave ((2)), wave (i) ended at 3.618 and pullback in wave (ii) ended at 3.578. The metal extends higher in wave (iii) towards 3.694 and...
Short Term Elliott Wave in Dow Futures (YM) suggests rally from 3.15.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.15.2023 low, wave 1 ended at 34363 and pullback in wave 2 ended at 32619. The Index has turned higher in wave 3 with internal subdivision as another 5 waves in lesser degree. Up from wave 2, wave (i) ended at 3330 and...
Cycle from 5.4.2023 high in Gold is in progress as a 5 waves impulse. Down from 5.4.2023 high, wave ((i)) ended at 1999.30 and rally in wave ((ii)) ended at 2048.15. The metal then extends lower again in wave ((iii)) towards 1931.70 and wave ((iv)) ended at 1983.27. Internal subdivision of wave ((iv)) unfolded as a zigzag Elliott Wave structure. Up from wave...