Elliott Wave view of Gold (XAUUSD) suggests the decline from September 1 high is unfolding in impulsive Elliott Wave structure. Down from September 1 high, wave ((i)) ended at $1915.8, and bounce in wave ((ii)) ended at $1973.59. Down from there, wave (i) ended at $1931.90, wave (ii) ended at $1960.14, wave (iii) ended at $1881.87, wave (iv) ended at $1920.02, and...
Elliott Wave view of Netflix (NFLX) suggests the stock is doing a double three correction from September 2 high. Down from September 2 high, wave (W) at 478.84 low. The subdivision unfolded at a zigzag correction, where wave A ended at 485.98 low, wave B ended at 522 high, and wave C ended at 478.84 low. Afterwards, the stock bounced higher in wave (X). The...
Elliott Wave View of Pound Sterling (GBPUSD) suggests the cycle from September 1 high remains incomplete. The decline from there is unfolding as zigzag Elliott Wave Structure. Down from September 1, wave (A) ended at 1.2761 and wave (B) ended at 1.3007. Internal of wave (B) unfolded as a double zigzag Elliott Wave structure where wave W ended at 1.2919, wave X...
Elliott Wave View of Silver (XAG) suggests the cycle from September 1 high has ended as wave (1) at 25.82 low. From there, the metal bounce higher in wave (2). The correction unfolded as zigzag Elliott Wave Structure. Up from wave (1) low, wave A ended at 27.48 high. The dip in wave B ended at 26.54 low. Afterwards, the metal resumed higher and ended wave C at...
Elliott Wave View of S&P 500 E-mini Futures (ES) suggests the Index ended the cycle from June 15 low as wave ((3)) at 3587 high. From there, Index has extended lower to correct that cycle. The correction is unfolding as a double three Elliott Wave Structure. Down from wave ((3)) high, wave W ended at 3347.75 low. Wave X bounce ended at 3453.25 high. Index then...
Elliott Wave View of EURUSD suggests that pair has ended the cycle from September 9 as wave W at 1.1751 low. Afterwards, the pair bounced higher in wave X, which unfolded as a zigzag Elliott Wave Structure. Up from wave W low, wave ((a)) ended at 1.1834 high. Wave ((b)) dip ended at 1.1797 low. Pair then resumed higher in wave ((c)), which ended at 1.1918 high....
Elliott Wave View of Oil (CL) suggests the cycle from August 26 high has ended as wave II. The correction unfolded as double three Elliott Wave Structure. Down from August 26 high, wave ((W)) ended at 40.22 low. The bounce in wave ((X)) ended at 41.87 high. Afterwards, the commodity resumed lower and ended wave ((Y)) at 36.21 low. This ended wave II pullback in...
Elliott Wave View of EURGBP suggests that pair shows bullish sequence from April 30 low. Near term, pair has ended the cycle from September 3 low as wave 3 at 0.9291 high. The subdivision of the rally from wave 2 low unfolded as 5 waves impulse Elliott Wave structure. Up from wave 2 low, wave ((i)) ended at 0.8934 high. Wave ((ii)) pullback ended at 0.8898 low....
Elliott Wave View of FTSE suggests the Index ended the cycle from August 12 high as wave ((a)) at 5778.40 low. The subdivision of the decline unfolded as 5 waves impulse Elliott Wave Structure. Down from wave X high, wave (i) ended at 6036.13 low. Wave (ii) bounce unfolded as a flat correction and ended at 6173.48 high. Index then resumed lower in wave (iii),...
Nike (NKE) has made another all-time high suggesting the bulls remain in firmly in control. Elliott Wave View of Nike suggests the stock is still within the cycle from March low as an impulse. Currently, the stock is within wave (5) from March low. The rally from March Covid-19 low to $117.42 ended wave (3). Pullback in wave (4) completed at $110.05 as a double...
Elliott Wave View of Dow Futures (YM) suggests the Index ended the cycle from June 15 low as wave ((3)) at 29180 high. Afterwards, Index did a pullback in wave ((4)) to correct against that cycle. The correction unfolded as a double three Elliott Wave Structure. Down from wave ((3)) high, wave A ended at 28052 low. The bounce in wave B ended at 28592 high. Index...
Elliott Wave View of Nikkei (NKD_F) suggests the Index ended the cycle from April 2 low as wave ((3)) at 23630 high. Currently, Index is doing a pullback in wave ((4)) to correct against that cycle. The correction is proposed to be unfolding as a double three Elliott Wave Structure. Down from wave ((3)) high, wave A ended at 22960 low. The bounce in wave B ended...
Elliott Wave View of GBPJPY shows that pair has ended the cycle from June 21 in wave A at 142.70 high. Pair is currently doing a pullback in wave B, which is unfolding as a zigzag correction. Down from wave A high, wave ((a)) ended at 140.09 low. The subdivision of wave ((a)) unfolded as 5 waves diagonal Elliott Wave Structure. Wave (i) ended at 140.98 low and...
Gold 1 hour chart below shows that the metal has ended the cycle from August 18 high in wave 1 at 1911.20 low. From there, the metal then bounced higher and ended wave 2 at 1994.06 high. The bounce unfolded as flat Elliott Wave Structure. From wave 1 low, wave ((a)) ended at 1962.18 high. Wave ((b)) then ended at 1902.30 low. The metal then extended higher in wave...
Elliott Wave View of GBPJPY shows that pair has a bullish sequence from March 18 low. The 45 minutes chart suggests the pair ended the cycle from August 13 high as wave B at 138.58 low. The pullback in wave B unfolded as double three correction and ended at the blue box area. The pair then rallied higher from blue box and broke above previous August 13 high. This...
Elliott Wave View of NASDAQ (NQ_F) suggests the Index ended the cycle from August 12 low as wave (1) at 11437 high. The pullback in wave (2) unfolded as zigzag correction and ended at 11221.50 low. The index then continued to rally higher in wave (3). Up from August 20 low, wave 1 ended at 11722.50 high. The subdivision of wave 1 unfolded as 5 waves impulse...
Alphabet (GOOGL) 45 minutes chart below shows that the stock has rallied higher from August 10 low. From that low, the stock rallied higher in wave ((iii)), which ended at 1652.79 high. The rally unfolded as a 5 waves impulsive Elliott Wave Structure. Up from wave ((ii)) low, wave (i) ended at 1536.97 high. The dip in wave (ii) ended at 1499 low. The stock then...
Amazon (AMZN) 45 minutes chart below shows that the stock has continued to extend higher from August 12 low. From that low, the stock rallied higher in wave ((iii)), which ended at 3457.80 high. The rally unfolded as a 5 waves impulsive Elliott Wave Structure. Up from wave ((ii)) low, wave (i) ended at 3217.52 high. The dip in wave (ii) ended at 3120 low. The...