Recent Analysis
ES SHORT TERM
I have adjusted the internal waves on the ES to align with the NQ. A minor new high could be counted as a 5th wave of an impulse wave from …Read More
NQ SHORT TERM
I have adjusted the internal waves for wave [v] to align with the new high on the NDX. A strong move back below 8691 is needed to support a move …Read More
NDX SHORT TERM
The NDX is bid due to AAPL, that stock is on a mission to the moon at the moment. I have adjusted the internal waves for wave [v] to allow …Read More
SPX SHORT TERM
It’s not what I wanted to see, but with the minor new high, I have found a way to allow the new high as the 5th wave of an impulse …Read More
CRUDE OIL SHORT TERM
Whilst its yet to break down below any strong support areas, it has slowly drifted lower. Against 62.14 let’s continue to look lower. A strong move under 60.65 – 59.85 …Read More
SILVER SHORT TERM
No change to the earlier post. Unless a strong break below 17.10, then further upside is favored to end wave [v] of an impulse wave from 16.51. Ideally, any further …Read More
GOLD SHORT TERM
Little change to the earlier post. A few more gyrations appear to be needed before the market completes an impulse wave (5 wave advance) from 1445. Let’s continue to look …Read More
AUDJPY SHORT TERM
The weakness over the last few hours is a good sign to suggest wave iii of an impulse wave from 76.54 is likely in progress. Ideally, it continues to remain …Read More
ES SHORT TERM
I have adjusted the internal waves on the ES to align with the NQ. A minor new high could be counted as a 5th wave of an impulse wave from …Read MoreNQ SHORT TERM
I have adjusted the internal waves for wave [v] to align with the new high on the NDX. A strong move back below 8691 is needed to support a move …Read MoreNDX SHORT TERM
The NDX is bid due to AAPL, that stock is on a mission to the moon at the moment. I have adjusted the internal waves for wave [v] to allow …Read MoreSPX SHORT TERM
It’s not what I wanted to see, but with the minor new high, I have found a way to allow the new high as the 5th wave of an impulse …Read MoreCRUDE OIL SHORT TERM
Whilst its yet to break down below any strong support areas, it has slowly drifted lower. Against 62.14 let’s continue to look lower. A strong move under 60.65 – 59.85 …Read MoreSILVER SHORT TERM
No change to the earlier post. Unless a strong break below 17.10, then further upside is favored to end wave [v] of an impulse wave from 16.51. Ideally, any further …Read MoreGOLD SHORT TERM
Little change to the earlier post. A few more gyrations appear to be needed before the market completes an impulse wave (5 wave advance) from 1445. Let’s continue to look …Read MoreAUDJPY SHORT TERM
The weakness over the last few hours is a good sign to suggest wave iii of an impulse wave from 76.54 is likely in progress. Ideally, it continues to remain …Read More
Elliott Wave Video Analysis
GOLD VIDEO REVIEW
Short term review of GoldRead More
GDX VIDEO REVIEW
Short term review of GDXRead More
USDJPY VIDEO REVIEW
Short term review of USDJPYRead More
GBPUSD VIDEO REVIEW
Short term review of GBPUSDRead More
GOLD VIDEO REVIEW
Short term review of GoldRead MoreGDX VIDEO REVIEW
Short term review of GDXRead MoreUSDJPY VIDEO REVIEW
Short term review of USDJPYRead MoreGBPUSD VIDEO REVIEW
Short term review of GBPUSDRead More
Recent Blog Posts
Is the current risk-on trade about to be derailed?
November 9, 2019The look on many markets from the August 2019 low, that are moving in sync with the current risk-on trade, currently have a distinct corrective look to them. For example, let’s look at an overlay between TBT and USDJPY. Some readers may be aware that generally speaking, USDJPY tends to move higher when a risk-on Read More
The Case for a Short Term Peak on US and European Stocks
October 28, 2019I have been tracking a number of highly correlated markets from the Oct time frame. The new high and low (depending on which market) appears to be the 5th wave of an impulse wave from that’s been developing from Oct 2019. So the expectation as we head into the FOMC this week is a potential Read More
Elliott Wave Analysis of GDX
October 25, 2019Yesterday’s upside on the GDX, potentially could be the start of a move higher for wave 5 of an impulse wave that has been developing since Sept 2018. Short term if it continues to hold above $26.63 then more upside can be seen, although it’s crucial that the bulls push the market above $28.00, then Read More
Elliott Wave Analysis of EURUSD
October 24, 2019I suspect the current rally from the Oct low at 10879 is developing as an impulse wave (5 wave rally). It seems to be missing some gyrations before it counts as a completed structure. An impulse wave that has one extended section will develop in 9 swings. So far I can count 6 possible swings Read More
Elliott Wave Analysis of Grayscale Bitcoin Trust (GBTC)
October 21, 2019The new low potentially can end a corrective decline from the high made at $17.14. Before the current decline I was targeting a move towards $9.00 – 8.00 and BTC/USD to test $7400. I felt a substantial pullback would be needed to shake off the Johnny-come-lately’s (bulls that buy into the euphoria of a 5th Read More
Elliott Wave Analysis of SMH (Vaneck Vectors/Semiconductor ETF)
October 19, 2019I have been watching the recent gyrations on the semiconductors for a while now and potentially think the SOX could well offer a clue to supporting the next likely move on the broader markets. Initially, I thought the move into the April 2019 high was all of wave 5, however, the continued upside is potentially Read More
Elliott Wave Analysis of the Sensex
September 14, 2019The current bounce appears to be suggesting a 4th wave of an impulse wave is likely in progress. We need to see 9 swings for an impulse wave with one extended wave, so the better look and preferred idea is to see a new low for both the Sensex and Nifty. A move back below Read More
Elliott Wave Analysis of the FDAX (DAX Futures)
September 2, 2019We have been closely watching for the end to an upside corrective bounce from the Aug 2019 lows, the same look can be seen on many other European markets such as the Cac 40 and Euro Stoxx 50. Last weeks high could be enough to suggest the upside has ended, although until we see either Read More
Is the current risk-on trade about to be derailed?
November 9, 2019The look on many markets from the August 2019 low, that are moving in sync with the current risk-on trade, currently have a distinct corrective look to them. For example, let’s look at an overlay between TBT and USDJPY. Some readers may be aware that generally speaking, USDJPY tends to move higher when a risk-on Read More
The Case for a Short Term Peak on US and European Stocks
October 28, 2019I have been tracking a number of highly correlated markets from the Oct time frame. The new high and low (depending on which market) appears to be the 5th wave of an impulse wave from that’s been developing from Oct 2019. So the expectation as we head into the FOMC this week is a potential Read More
Elliott Wave Analysis of GDX
October 25, 2019Yesterday’s upside on the GDX, potentially could be the start of a move higher for wave 5 of an impulse wave that has been developing since Sept 2018. Short term if it continues to hold above $26.63 then more upside can be seen, although it’s crucial that the bulls push the market above $28.00, then Read More
Elliott Wave Analysis of EURUSD
October 24, 2019I suspect the current rally from the Oct low at 10879 is developing as an impulse wave (5 wave rally). It seems to be missing some gyrations before it counts as a completed structure. An impulse wave that has one extended section will develop in 9 swings. So far I can count 6 possible swings Read More
Elliott Wave Analysis of Grayscale Bitcoin Trust (GBTC)
October 21, 2019The new low potentially can end a corrective decline from the high made at $17.14. Before the current decline I was targeting a move towards $9.00 – 8.00 and BTC/USD to test $7400. I felt a substantial pullback would be needed to shake off the Johnny-come-lately’s (bulls that buy into the euphoria of a 5th Read More
Elliott Wave Analysis of SMH (Vaneck Vectors/Semiconductor ETF)
October 19, 2019I have been watching the recent gyrations on the semiconductors for a while now and potentially think the SOX could well offer a clue to supporting the next likely move on the broader markets. Initially, I thought the move into the April 2019 high was all of wave 5, however, the continued upside is potentially Read More
Elliott Wave Analysis of the Sensex
September 14, 2019The current bounce appears to be suggesting a 4th wave of an impulse wave is likely in progress. We need to see 9 swings for an impulse wave with one extended wave, so the better look and preferred idea is to see a new low for both the Sensex and Nifty. A move back below Read More
Elliott Wave Analysis of the FDAX (DAX Futures)
September 2, 2019We have been closely watching for the end to an upside corrective bounce from the Aug 2019 lows, the same look can be seen on many other European markets such as the Cac 40 and Euro Stoxx 50. Last weeks high could be enough to suggest the upside has ended, although until we see either Read More