Elliottwave-Forecast

Elliottwave-Forecast

Hello Traders, NKE short-term Elliott wave analysis suggests that the pullback to $78.78 low ended red wave 2 pullback. Up from there, it ended red wave 3 at 09/21 peak (86.26). The Internals structure unfolded as a 5 waves Elliott Wave structure with a extend wave ((iii)). It ended black wave ((i)) at 09/04 peak (81), wave ((ii)) pullback at 09/05 low (78.78)....

Elliottwave-Forecast

Hello Traders, BAC short-term Elliott wave view suggests that the rally to $31.49 low ended red wave X bounce. Down from there, the decline to $30.08 low ended red wave Y & also completed blue wave (2) pullback. The internals of red wave Y unfolded as double three structure where black wave ((w)) ended at $30.62 low as zigzag structure. Up from there, the bounce...

Elliottwave-Forecast

Hello Traders, TESLA short-term Elliott wave view suggests that the decline to $252.27 low ended blue wave (W). Up from there, it is correcting the cycle from 08/07 in the sequences of 3-7 or 11 swings in blue wave (X). Above from $252.27 low, the rally higher ended red wave W at 09/18 peak (303.26). The internals of that rally unfolded in a 3 waves structure...

Elliottwave-Forecast

Good Afternoon Traders, NFLX short-term Elliott wave analysis suggests that the pullback to $335.67 low ended blue wave (2) pullback. The internals of that pullback unfolded as a Flat correction. Where red wave B bounce ended in 3 swings at $374.09 high. Down from there, red wave C unfolded in 5 waves impulse structure. And the initial decline to $360.01 low...

Elliottwave-Forecast

Hello Traders, EURAUD short-term Elliott wave view suggests that the rally to 1.6353 high ended blue wave (1) higher. The internals of that degree unfolded as impulse structure with lesser degree cycles showing the sub-division of 5 waves structure. Below from 1.6353 high, the pair is doing an blue wave (2) pullback in 3, 7 or 11 swings before upside renew. We...

Elliottwave-Forecast

Hello Traders, Dow Jones Elliott wave view suggests that the cycle from 08/15/18 (24946) low ended at the peak of 08/29/18 (26186) in red wave 3. Below from there, it ended the pullback in red wave 4 at 09/11/18 low (25767) and already broke to new highs confirming that the next extension higher has started. The internals of the red wave 4 pullback unfolded as...

Elliottwave-Forecast

Hello Traders, EURJPY short-term Elliott wave analysis suggests that the rally to 130.85 high ended red wave A of a Zigzag structure. The internals of that rally higher unfolded in 5 waves impulse structure. Down from there, the pullback to 127.83 low ended red wave B pullback. The internals of that pullback unfolded as double three structure with the...

Elliottwave-Forecast

Hello Traders, AUDUSD short-term Elliott wave view suggests that the bounce to 0.7384 high ended blue wave (X) bounce. Down from there, the pair has broken to new lows already confirming the blue wave (Y) lower. Thus suggesting that the right side in the pair is to the downside. The decline to 0.7084 low unfolded in 5 waves impulse structure. And should have...

Elliottwave-Forecast

Hello Traders, NFLX short-term Elliott wave view suggests that the decline to $310.84 low ended red wave “IV” pullback. Up from there, red wave “V” can have started but a break above $423.21 6/21/2018 high remains to be seen for final confirmation. Above from $310.84 low, the rally higher $374.57 high ended blue wave (1). The internals of that rally unfolded in...

Elliottwave-Forecast

GBPUSD short-term Elliott Wave analysis suggests that the rally from 8/15/2018 low at 1.2660 to 1.3042 high ended red wave 1. The internals of that rally higher took place in 3 wave corrective sequence i.e double three thus suggesting that the pair can be doing a Leading diagonal structure. Up from 1.2660 low, the initial rally to 1.2935 high ended black wave...

Elliottwave-Forecast

Hello Traders, AUDUSD ended the cycle from 08/21/18 peak (0.7383) at the low of 09/03/18 (0.7166) in black wave ((w)). The internals of that move unfolded as an Elliott Wave ZigZag structure, which it ended blue wave (a) at 08/23/18 low (0.7238), blue wave (b) pullback at 08/28/18 peak (0.7363). From there it ended blue wave (c) of black wave ((w)) at 09/03/18...

Elliottwave-Forecast

Hello Traders, S&P500 Elliott wave view suggests that the pullback to $2803.34 low ended red wave 2. Up from there, the rally higher to $2917.50 high ended black wave ((i)). The internals of that rally higher unfolded as impulse structure with the sub-division of 5 waves structure in it’s each leg higher i.e blue wave (i), (iii) & (v). Up from $2803.34 low, the...

Elliottwave-Forecast

Hello Traders, FTSE short-term Elliott Wave view suggests that the rally to 7790.17 high ended blue wave (X) bounce. Down from there, blue wave (Y) remains in progress with instrument showing a lower low sequence. The internals of that leg lower is taking place as double correction lower due to overlapping price action happening from 7790.17 high thus suggesting...

Elliottwave-Forecast

Hello Traders, NFLX short-term Elliott wave view suggests that the decline to $310.84 low ended red wave “IV” pullback. Up from there, red wave “V” can have started but a break above $423.21 6/21/2018 high remains to be seen for final confirmation. Above from $310.84 low, the rally higher $376.81 high ended blue wave (1). The internals of that rally unfolded in 5...

Elliottwave-Forecast

Hello Traders, EURJPY short-term Elliott wave view suggests that the decline to 124.87 low ended blue wave (2) pullback of a leading diagonal structure from 5/29/2018 cycle. Above from there, the rally higher is taking place as Elliott wave zigzag structure within blue wave (3) of a diagonal. In a zigzag ABC structure, lesser degree cycles should show...

Elliottwave-Forecast

Hello Traders, NZDUSD short-term elliott wave analysis suggests that the decline to 0.6543 low ended red wave 1. The internals of that decline unfolded as impulse structure with lesser degree Minute wave ((i)), ((iii)) & ((v)) unfolded in 5 waves structure. Above from there, red wave 2 bounce is taking place as double correction higher with lesser degree cycles...

Elliottwave-Forecast

Hello Traders, S&P500 short-term Elliott wave view suggests that the decline to $2803.34 low ended red wave 4 pullback. The internals of that pullback unfolded as Elliott wave zigzag correction. The lesser degree black wave ((a)) ended in 5 waves at $2820.5 low. Then the bounce to $2843.50 high ended black wave ((b)) bounce as a Flat correction. Down from there,...

Elliottwave-Forecast

Hello Traders, Today we will have a look at NASDAQ. Short-term Elliott wave analysis suggests that the rally from 7/30 low ($7167.75) to $7505.25 high ended blue wave (1). The internals of lesser degree cycles within blue wave (1) unfolded as 5 waves impulse structure. Down from there, the correction against that cycle in blue wave (2) pullback is proposed...