Cycle from 12.9.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 12.9.2022 low, wave 1 ended at 82.64 and pullback in wave 2 ended at 72.31. Internal subdivision of wave 2 unfolded as a zigzag Elliott Wave structure. Down from wave 1, wave (i) ended at 79.45 and rally in wave (ii) ended at 82.48. Oil then extends lower in wave (iii)...
Tesla ended cycle from 1.6.2023 low at 217.82. We labelled this rally as wave ((1)) as the 45 minutes chart below shows. Internal subdivision of wave ((1)) unfolded as a 5 waves impulse structure. Up from 1.6.2023 low, wave (1) ended at 123.52, and pullback in wave (2) ended at 115.6. The stock resumed higher in wave (3) towards 214, and pullback in wave (4) ended...
Nifty shows an incomplete bearish sequence from 12.1.2022 high favoring further downside. The decline from 12.1.2022 high is unfolding as a double three Elliott Wave structure. Down from 12.1.2022 high, wave ((a)) ended at 17774.25 and rally in wave ((b)) ended at 18265.25. The Index extends lower again in wave ((c)) towards 17353.4 and this ended wave W in higher...
Alphabet (GOOGL) cycle from 1.6.2023 low ended as a 5 waves impulse with wave ((1)) at $107.85. Pullback in wave ((2)) is in progress as a zigzag Elliott Wave structure. Down from wave ((1)), wave (A) ended at 100.87 and wave (B) ended at 108.18. Wave (C) is currently ongoing with subdivision as an impulse structure. Down from wave (B), wave 1 ended at 92.26 and...
Cycle from 12.20.2022 low in Russell (RTY) ended with wave 1 at 2016.97 as a 5 waves impulse structure. The Index then pullback in wave 2. Subdivision of wave 2 is unfolding as a zigzag Elliott Wave structure. Down from wave 1, wave (i) ended at 1986.3 and wave (ii) ended at 2015.60. Wave (iii) ended at 1938.8, wave (iv) ended at 1984.20, and final leg wave (v)...
Since forming the low on September 28, 2022, Gold has rallied and the structure of the rally from 2022 low looks impulsive. It ended the rally on 2.2.2023 high at 1959.74. Since then, Gold has corrected lower. The correction takes the form of a zigzag Elliott Wave structure. Down from 2.2.2023 high, wave (A) ended at 1860.44. The 45 minutes chart below shows wave...
Since bottoming on October 13, 2022 at 108.16, the stock has so far rallied in 3 swing. The rally from there is proposed to be unfolding as a nest where it ended wave I at 187.9 and pullback in wave II ended at 138.84. The stock extends higher again in wave III with internal subdivision as another 5 waves in lesser degree. Up from wave II, wave ((1)) ended at...
Since forming the low on September 2022 at 11862.84, DAX shows an incomplete higher high (bullish) sequence. This favors further upside against 12.20.2022 low at 13791.52. Cycle from 12.20.2022 low ended as an impulsive Elliott Wave structure with wave 1 at 15660.63, as the 30 minutes chart below shows. Pullback in wave 2 is currently in progress to correct cycle...
Cycle from December 28, 2022 low in QQQ ended at 313.99 as wave 1. Pullback in wave 2 is now in progress to correct that cycle in larger degree 7 swing double three structure. Down from wave 1, wave (a) ended at 302.22 and rally in wave (b) ended at 311.03. The ETF then extends lower in wave (c) towards 297.25 which completed wave ((w)) in higher degree. Rally in...
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...