Elliott Wave Analysis of Nikkei (NIK-225)

The last few weeks appear to be what Elliotticians call a thrust from a triangle. If you know a little about Elliott Wave, then you may know that triangles are very common for a 4th wave of an impulse wave. What essentially that means, is once...Read More »


Elliott Wave Analysis of Utilities ETF (XLU)

The strong decline on UTIL and XLU is impulsive looking, so it supports an impulse wave. looking at the structure from the high made in Nov 2017 it would look much better if new lows were seen to end a 5th wave of an impulse wave...Read More »


Elliott Wave Analysis of Gold

Snippet taken from the weekends post


Whilst there are enough gyrations to argue for a possible end to the trend from 1236, its not really done anything to derail the current rally, holding above 1310 can still argue for a small triangle for wave iv, or...Read More »


Elliott Wave Analysis of DAX

Snippet taken from a this weekends post.


Short term a minor new high is ideally see to end 5 waves from 12744 to complete wave [c] of an expanded flat pattern for wave B, this idea makes more sense with the other markets such as the...Read More »


Elliott Wave Analysis of USDCAD

The recent gyrations over the last 2 months I suspect could be ending an expanded flat. With an expanded flat the [b] wave moves above the origin of wave [a], but the move into the wave [b] highs is in 3 waves, that appears to be...Read More »


Elliott Wave Analysis of YM (INDU Futures)

The recent gyrations could have ended a small ending diagonal, but unless it breaks down hard below yesterdays low, then there is the possibility of seeing a minor new high for an alternative ending diagonal idea I am watching.

If the current move is a...Read More »


Elliott Wave Analysis of GBPUSD

Yesterdays heavy decline appears to be very impulsive, the strength of the move is more fitting with an impulse wave (5 wave decline) and in particular the decline from the BOE news is a “3rd of 3rd” wave. A minor new low is still needed to...Read More »


Elliott Wave Analysis of the FDAX (DAX futures)

A new high counts best as a possible 5th wave to an impulse wave, whilst its possible to force a completed pattern, the decline yesterday is in 3 waves, so new all time highs would be a much better fit to this current idea and complete...Read More »


Elliott Wave Analysis of COMPQ

The relentless trend from the Feb 2016 could be close to a pause on some tech markets. Particularly the NDX and COMPQ. Both markets can suggest the trend is close to ending either wave [3] or wave [5] from the Feb 2016 lows. Personally I think...Read More »


Elliott Wave Analysis of BAOZUN (BZUN)

New highs on this stock need to be watch very carefully if you own this stock as I suspect it can potentially end a large impulse wave (5 wave advance) from the Aug 2015 lows. The prior spike was a thrust from a triangle, at the...Read More »


« Newer EntriesOlder Entries »

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.