Elliott Wave structure of the rally in Oil from December 23, 2020 low is unfolding as a 5 waves impulse. Up from December 23 low, wave ((i)) ended at 48.62 and dips in wave ((ii)) ended at 47.18. The commodity then continues the rally higher in wave ((iii)) with subdivision as another impulse in lesser degree. Up from wave ((ii)), wave (i) ended at 50.94 and...
Short Term Elliott Wave view suggests the rally from December 21, 2020 low in Nikkei Futures is unfolding as a 5 waves impulse Elliott Wave structure. Up from December 21 low, wave ((i)) ended at 27715 and pullback in wave ((ii)) ended at 26955. Index then rallied to 27615 to end wave (i) and pullback in wave (ii) ended at 27410. Wave (iii) ended at 28300, dips to...
Short Term Elliott Wave view suggests the rally from September 24, 2020 low in Silver ended wave ((1)) as a leading diagonal. Pullback in wave ((2)) is now in progress as a zigzag Elliott Wave structure. Down from wave ((1)) high, wave 1 ended at 26.58 and bounce in wave 2 ended at 27.35. The metal then extended lower in wave 3 towards 24.45, and bounce in wave 4...
Short Term Elliott Wave view suggests the decline in Ten Year Notes (ZN) from November 20 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from November 20 high, wave 1 ended at 137.075 and bounce in wave 2 ended at 138.08. Wave 3 lower remains in progress and unfolding in 5 waves impulse in lesser degree. Down from wave 2, wave ((i)) ended at...
Bitcoin (BTCUSD) has rallied parabolically since forming the low in March of last year. The rally from 8 September low is unfolding as a 5 waves impulsive Elliott Wave structure. In the 1 hour chart below, we can see wave (3) of this impulsive rally ended at 34800, while pullback in wave (4) ended at 27704. The crypto currency has since resumed higher within the...
Short Term Elliott Wave View suggests the rally from December 21, 2020 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from December 21 low, wave (i) ended at 30198 and dips in wave (ii) ended at 29735. Index then resumed higher in wave (iii) towards 30502, wave (iv) ended at 30166, and wave (v) ended at 30691. This completed wave ((i)) in higher...
Since bottoming on December 1, 2020 low at $1764., Gold has steadily risen. Short Term Elliott Wave View suggests the rally from December 14, 2020 low is unfolding as a 5 waves impulse Elliott Wave structure. In the 45 minutes chart below, we can see wave 1 of this impulse ended at $1906.74 and dips in wave 2 ended at $1855.55. Up from there, wave ((i)) ended at...
Short Term Elliott Wave View suggests the rally from September 25 low in Russell 2000 (RTY) is unfolding as a 5 waves impulse Elliott Wave structure. In the 1 hour chart below, we can see wave 3 of this impulsive rally ended at 2032.3. Wave 4 pullback is in progress with the internal subdivision as a double three Elliott Wave structure. Down from wave 3 high at...
Short term Elliott Wave view on Dow Futures (YM) suggests the rally from October 30 low is unfolding as a 5 waves impulse Elliott Wave structure. Wave (1) of this impulsive rally ended at 30333 and pullback in wave (2) ended at 29308. The Index has resumed higher in wave (3). Up from wave (2) low at 29308, wave ((i)) ended at 30198 and wave ((ii)) pullback ended...
Elliott Wave view on Litecoin suggests the rally from November 26 low is unfolding as a 5 waves impulse Elliott Wave structure. In the chart below, we can see wave ((iii)) of this rally ended at 124.40. Pullback in wave ((iv)) ended at 95.65 and the Index has since resumed higher in wave ((v)). Internal subdivides of wave ((v)) is unfolding in another 5 waves of...
Rally from November 30 low in DAX ended at 13774.45 as an impulse Elliott Wave structure. This 5 waves rally completed wave (1) in Intermediate degree. Pullback in wave (2) has also ended at 13061.40. Index has since resumed higher in wave (3) . It broke above wave (1) high, confirming the next bullish cycle has started. Up from wave (2) low at 13061.40, wave...
Short term Elliott wave view in OIL ( $CL_F) suggests that the main cycle from April 2020 low remain bullish to the upside favoring more upside. Near-term, the rally from 01 November 2020 low unfolded as an impulse sequence where wave 3 of (1) ended at $47.88 high. While wave 4 ended at $45.88 low, wave 5 ended at $49.42 high. Thus completed wave (1) at $49.42...
Short term Elliott wave view in Advanced Micro Devices ticker symbol: AMD is showing an impulse rally higher from 02 November 2020 low. And now it’s doing a pullback to correct that cycle in 3 or 7 swings pullback, which we believe should provide another buying opportunity later on when an extreme area is reached. In the 1hr chart below, AMD ended a lesser degree...
NZDUSD main cycle from September 24.2020 low is showing an Elliott wave impulse rally higher but still missing the wave (5) favoring the idea of 1 more push higher before ending 5 waves rally from September lows. In the 1hr chart below, the pair is showing an impulse rally higher in wave (3) where wave 4 of (3) ended at $$0.7120 high. Then wave 4 pullback ended as...
S&P 500 E-Mini Futures (ES) cycle from November 10 low is unfolding as a 5 waves diagonal Elliott Wave structure. In the 45 minutes below, we can see wave ((iii)) of this diagonal ended at 3714.75 and dips in wave ((iv)) ended at 3620.75. Internal subdivision of wave ((iv)) unfolded as a double three structure. Down from wave ((iii)) at 3714.75, wave (w) ended at...
Rally in Oil (CL) from Nov 2 low is unfolding as 5 waves impulsive Elliott Wave structure. In the 60 minutes chart below, we can see wave 3 of this impulse ended at 47.74. Wave 4 pullback then ended at 45.69. Internal subdivision of wave 4 unfolded as a zigzag where wave ((a)) ended at 46.34, wave ((b)) ended at 47.44, and wave ((c)) ended at 45.69. Wave 5 is now...
Cycle from November 26, 2020 low in Bitcoin remains in progress as a 5 waves impulsive Elliott Wave structure. Up from November 26 low, wave 1 ended at 19918 and pullback in wave 2 ended at 17580.5. Internal subdivision of wave 2 unfolded as a regular flat. Wave ((a)) ended at 18100, wave ((b)) ended at 19621 and wave ((c)) of 2 ended at 17580.5. Wave ((c)) of...
Short term Elliott Wave View view in GBPAUD suggests the decline from November 23 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from November 23 high, wave ((i)) ended at 1.798 and bounce in wave ((ii)) ended at 1.8248. Wave ((iii)) is now in progress with subdivision of 5 waves in lesser degree. Down from wave ((ii)) high, wave i ended at...