Short term Elliott Wave view on Advanced Micro Devices (ticker: AMD) shows a bearish sequence from 8.5.2022 high calling for further downside. Decline from 8.5.2022 high is unfolding as a 5 waves impulse. Down from 8.5.2022 high, wave (1) ended at 78.52 and rally in wave (2) ended at 86.05. Wave (3) lower is in progress with internal subdivision as another 5 waves...
Short term Elliott Wave view on Dollar Index (DXY) suggests cycle from 8.10.2022 low is in progress as an impulse Elliott Wave structure. Up from 8.10.2022 low, wave 1 ended at 110.786 and dips in wave 2 ended at 107.69. The Index has resumed higher in wave 3 with internal subdivision as another 5 waves in lesser degree. Up from wave 2, wave ((i)) ended at 110 and...
Short term Elliott Wave view on Nasdaq (NQ) suggests the decline from 8.17.2022 high is unfolding as a zigzag Elliott Wave structure. Down from 8.17 high, wave A ended at 12017.75. Wave B ended at 12986.74 with internal subdivision as an expanded flat. Up from wave A, wave ((a)) ended at 12461.50 and dips in wave ((b)) ended at 11921.50. Wave ((c)) higher ended at...
Short term Elliott Wave view on DAX suggests the decline from 3.29.2022 high is unfolding as a 5 waves diagonal. Down from 3.29 high, wave 1 ended at 13386.32 and rally in wave 2 ended at 14709.38. Index then resumes lower in wave 3 towards 12390.95, and rally in wave 4 ended at 13939.02. Wave 5 lower is currently in progress with subdivision a 5 waves impulse in...
Short term Elliott Wave view on SPDR S&P 500 (ticker: SPY) suggests the ETF shows a bearish sequence from 8.17.2022 high favoring further downside. The decline lower from 8.17.2022 high is unfolding as a zigzag Elliott Wave structure. Down from 8.17 high, wave A ended at 390.04. Wave B corrective rally unfolded as an expanded Flat structure. Up from wave A, wave...
Short term Elliott Wave view on Apple (AAPL) suggests that the decline from 8.18.2022 peak is unfolding as a zigzag Elliott Wave structure. Down from 8.18.2022 high, wave ((A)) ended at 153.69 and rally in wave ((B)) ended at 164.90. Internal subdivision of wave ((B)) unfolded as an expanded Flat structure. Up from wave ((A)), wave (A) ended at 159, dips in wave...
Short term Elliott Wave view on AMD suggests the decline from 8.5.2022 high is unfolding as a zigzag Elliott Wave structure. Down from 8.5.2022 high, wave 1 ended at 90.9 and rally in wave 2 ended at 97.60. The stock resumes lower in wave 3 towards 78.52 and rally in wave 4 ended at 83.80. Stock resumes the final leg lower in wave 5 towards 77.74 which ended wave...
Short term Elliott Wave view on Dow Futures suggests the decline from 8.17.2022 high is unfolding as a zigzag Elliott Wave structure. Down from 8.17.2022 high, wave A ended at 31221. Wave B corrective rally ended at 32791 with internal subdivision as an expanded Flat structure. Up from wave A, wave ((a)) ended at 32029. Wave ((b)) extended below wave A in 3 swing...
Short term Elliott Wave view on S&P 500 E-mini Futures (ES) suggests pullback from 8.17.2022 high is in progress as a zigzag Elliott Wave structure. Down from 8.17.2022 high, wave A ended at 3903.50. Wave B rally is currently in progress to correct cycle from 8.17.2022 high before the Index turns lower. Internal subdivision of wave B is unfolding as an expanded...
Short term Elliott Wave view on Amazon (AMZN) suggests the decline to $123.66 ended wave ((A)). Wave ((B)) rally is in progress with internal subdivision as a double three Elliott Wave structure. Up from wave ((A)) low at $123.66, wave A ended at $128.50 and pullback in wave B ended at $127.18. Final leg higher wave C ended at $131.38 which completed wave (W). The...
Decline in Oil (CL) from 7.20.2022 high is unfolding as a zigzag Elliott Wave structure. Down from July 20, wave A ended at 87.01 and wave B rally ended at $97.66. Oil has resumed lower in wave C with subdivision as a 5 waves impulse. Down from wave B, wave (i) ended at $88.27 and wave (ii) bounce ended at $91.61. Oil resumed lower in wave (iii) towards $87.12,...
EURUSD shows a bearish sequence from 8.10.2022 high suggesting further downside is likely. The decline from August 10 high is unfolding as an impulse Elliott Wave structure. Down from August 10 high, wave 1 ended at 0.9899 and rally in wave 2 ended at 1.009 as the 1 hour chart below shows. Pair has resumed lower in wave 3 which subdivides into another impulse in...
Short Term Elliott Wave View in GBPCAD suggests rally to 1.5367 ended wave ((iv)). Wave ((v)) lower is in progress to complete a cycle from August 2, 2022 high. Internal subdivision of wave ((iv)) unfolded as a zig zag Elliott Wave structure. Up from wave ((iii)), wave (a) ended at 1.5314 and pullback in wave (b) ended at 1.5269. The pair extended higher in wave...
Short Term Elliott Wave View in GDX suggests rally to 26.40 ended wave (2). Wave (3) lower is in progress to complete a cycle from August 25th, 2022 high. Internal subdivision of wave (2) unfolded as a double three Elliott Wave structure. Up from wave (1), wave ((a)) ended at 25.23 and pullback in wave ((b)) ended at 25.44. ETF extended higher in wave ((c)) of W...
Short Term Elliott Wave View in Silver suggests rally to 19.43 ended wave 2. Wave 3 lower is in progress to complete a cycle from August 14th, 2022 high. Internal subdivision of wave 2 unfolded as a double three Elliott Wave structure. Up from wave 1, wave (a) ended at 19.09 and pullback in wave (b) ended at 18.78. XAGUSD extended higher in wave (c) of ((w))...
Short Term Elliott Wave View in Ethereum (ETHUSD) suggests that the decline from August 13, 2022 peak is unfolding as a zigzag Elliott Wave structure. Down from August 13 peak, wave 1 ended at $1858.10 and wave 2 rally ended at $1957.30. The crypto currency then extended lower in wave 3 towards $1603.7 and wave 4 rally ended at $1655.10. Final leg lower wave 5...
Short Term Elliott Wave View in XAUUSD suggests rally to 1765.59 ended wave 2. Wave 3 lower is in progress to complete a cycle from August 10th, 2022 high. Internal subdivision of wave 2 unfolded as a double three Elliott Wave structure. Up from wave 1, wave (a) ended at 1743.85 and pullback in wave (b) ended at 1730.00. Gold extended higher in wave (c) of ((w))...
Short Term Elliott Wave View in NZDUSD suggests rally to 0.6469 ended wave 4. Wave 5 lower is in progress to complete a cycle from February 25, 2021 high before a larger 3 waves rally at least. Internal subdivision of wave 5 is unfolding as an impulse Elliott Wave structure. Down from wave 4, wave (i) ended at 0.6420 and rally in wave (ii) ended at 0.6460. The...