Short Term Elliott Wave view suggests decline from November 19, 2021 peak is unfolding as a 5 waves impulse Elliott Wave structure. Down from November 19 peak, wave 1 ended at 3303.90 and rally in wave 2 ended at 3458.86. The stock then extends lower in wave 3 towards 3126.09 with internal subdivision of an impulse in lesser degree as the 60 minutes chart below...
Short Term Elliott Wave view suggests cycle from December 6, 2021 high has ended with wave (4) at 8.896. Internal subdivision of wave (4) unfolded as a Flat Elliott Wave structure. Down from December 6 high, wave A ended at 9.0025 and rally in wave B ended at 9.1494. Pair then extended lower in wave C towards 8.896. We can see in the 45 minutes chart below the...
Short Term Elliott Wave View in S&P500 ETF (SPY) suggests rally to 480.02 ended wave ((1)) on January 4, 2022 high. Wave ((2)) pullback is currently in progress with subdivision as a zigzag Elliott Wave structure. Down from January 4, wave 1 ended at 475.58 and rally in wave 2 ended at 478.96. The ETF extends lower in wave 3 towards 462.74 with internal as an...
Short Term Elliott Wave View in Bitcoin shows a 5 swing bearish sequence from November 10, 2021 high favoring more downside. Decline from there is unfolding as a double three Elliott Wave structure. Down from November 10, wave (A) ended at 53308.93 and wave (B) ended at 59099.64. The crypto currency then extended lower in wave (C) towards 41967.50 and this...
Short Term Elliott Wave View in AAPL suggests the decline from January 04th peak is unfolding as a zig zag Elliott Wave structure. Down from January 04th high, wave ((i)) ended at 174.46. Wave ((ii)) bounce was a strong movement pullback completed at 179.80. Then the stock continued dropping to complete wave ((iii)) at 172.10. In lesser degree, we could see a...
Short Term Elliott Wave View in AMD suggests the decline from December 28, 2021 peak is unfolding as an impulse Elliott Wave structure. Down from December 28 high, wave ((1)) ended at 144.85. Wave ((2)) bounce made an irregular flat structure completed at 152.42. Then the stock continued dropping in 5 swings proposing other impulse as wave ((3)). In lesser degree,...
Short Term view in NZDUSD suggests the decline from September 4, 2021 peak unfolded as a 5 waves impulse Elliott Wave structure. Down from September 4, wave 1 ended at 0.699. Wave 2 correction ended at 0.7093 with internal subdivision unfolding as an expanded Flat structure. Up from wave 1, wave ((a)) ended at 0.7056 and pullback in wave ((b)) ended at 0.6978....
Short Term Elliott Wave View in AUDJPY suggests cycle from December 4, 2021 low has ended with wave ((B)) at 84.3. Internal of wave ((B)) unfolded as a double three Elliott Wave structure. Up from December 4 low, wave (W) ended at 82.43 and pullback in wave (X) ended at 80.25 Pair then extends higher in wave (Y) which ended at 84.32. Double three is a 3-3-3...
Short Term Elliott Wave View in Dow Futures (YM) suggests rally from December 2, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from December 2 low, wave 1 ended at 36030 and dips in wave 2 ended at 34547. Index then resumes higher in wave 3 towards 36572 and pullback in wave 4 ended at 36120. The internal subdivision of wave 4 unfolded as a...
Elliott Wave View in DAX (DAX-XET) suggests it is correcting cycle from last October, 2021 low in larger degree 3 swings. The decline is unfolding as a zig zag elliott wave structure. Down from November 18 2021 peak (16289.48), wave (A) ended at 15015.42 and rally in wave (B) is in progress. This wave (B) is forming a flat correction (3-3-5) where wave A made 3...
Elliott Wave View in Natural Gas (NG) suggests it is correcting cycle from June 22, 2020 low in larger degree 3, 7, or 11 swing. The decline is unfolding as a flat elliott wave structure. Down from October 6, 2021 peak (6.47), wave ((A)) ended at 4.825 and rally in wave ((B)) ended at 6.291. Wave ((C)) lower is in progress as a 5 waves impulse. The 1 hour chart...
Elliott wave view in AUDUSD suggests the decline from February 25, 2021 high is unfolding as a double three Elliott Wave structure. Down from February 25 high, wave ((W)) ended at 0.7106 and rally in wave ((X)) ended at 0.756. Wave ((Y)) lower is currently in progress as a zigzag structure. Wave (A) of the zigzag ended at 0.699 as a 5 waves impulse. Down from wave...
The Elliott wave view in Ethereum (ETHUSD) suggests the decline from November 10, 2021 high is unfolding as a double three Elliott Wave structure. Down from November 10 high, wave (W) ended at 3470.02 and rally in wave (X) ended at 4493.59. Wave (Y) lower is in progress with internal subdivision as a zigzag Elliott Wave structure. Down from wave (X), wave A ended...
The Elliott wave view in Bitcoin (BTCUSD) suggests the rally from December 4, 2021 low is unfolding as a 5 waves impulse. Up from December 4 low, wave 1 ended at 49777.62 and pullback in wave 2 ended at 45478.74. Wave 3 higher is currently in progress with subdivision as another impulse in lesser degree. Up from wave 2, wave (i) ended at 48307.34 and pullback in...
The Elliott wave view in OIL suggests that it’s correcting the cycle from October 25, 2021 peak. Looking for more upside towards $76.77- $83.57 area to form a wave ((B)) connector. Then from there, the instrument is expected to fail lower in a bigger ((C)) leg lower to complete the correction. While shorter cycle suggests that a decline in wave (B) unfolded as a...
Short-term Elliott wave view in GBPUSD suggests that a decline to $1.3160 low ended the cycle from October 20, 2021 peak in wave (A). Up from there, the pair is correcting that cycle in wave (B) bounce. The internals of that bounce is unfolding as Elliott wave flat correction with the sub-division of 3-3-5 structure before downtrend resume again. While the initial...
The Elliott wave view in GDX suggests that the main cycle from the August 20, 2020 peak is showing an incomplete sequence. Favoring more downside to happen based on sequence towards $24.80- $21.36 area lower before a turn back higher happens. While the short-term cycle suggests that the decline to $30.05 low ended wave 1 of (C) in 5 waves lower. Up from there, GDX...
Short-term Elliott wave view in Russell (RTY) shows a lower low bearish sequence from November 8, 2021 high. Decline from November 8 high is unfolding as a zigzag Elliott Wave structure where wave ((A)) ended at 2136.8 and rally in wave ((B)) completed at 2279.83. The Index has extended lower and broken below wave ((A)) suggesting wave ((C)) lower has started. The...