NASDAQ Composite Index should pullback soon

by elliottwave-forecast.com | August 1, 2017 9:52 am
The following chart shows NASDAQ composite index. The index has a tremendous rally since the lows around 1975 which is pretty close to the zero level. The index has reached the bottom of the blue box at 6219...

DAX Elliott Wave View: More Downside

by elliottwave-forecast.com | August 1, 2017 9:21 am
Short term DAX Elliott Wave view suggests the decline from 5/15 high is unfolding as a double three Elliott wave structure. Down from 5/15 peak, Primary wave ((W)) ended at 12303 as a Flat and Primary wave ((X)) bounce ended at 12672....

DXY Elliott Wave View: Resuming Downside

by elliottwave-forecast.com | July 21, 2017 2:41 pm
Revised short term DXY (USD Index) Elliott Wave view suggests the decline from 6/20 peak (97.87) is unfolding as a double three Elliott wave structure. Down from 97.87 high, decline to 95.47 ended Minor wave W, and bounce to 96.51...

JPM Elliott Wave Bullish Structure

by elliottwave-forecast.com | July 20, 2017 11:05 am
The Elliott Wave view for JPMorgan Chase (NYSE: JPM) suggests the rally from February 2016 low (52.5) to 03/01/2017 peak (93.98) have ended wave (3). The pullback from there unfolded as zigzag ABC structure which ended wave (4) at 06/01/2017 low (81.79). Up...

DXY Elliott Wave View: Bounce in progress

by elliottwave-forecast.com | July 20, 2017 9:15 am
Short term DXY (USD Index) Elliott Wave view suggests the decline from 6/20 peak (97.87) is unfolding as a Zigzag Elliott Wave structure. Down from 97.87 high, decline to 95.47 ended Minor wave A, and bounce to 96.51 high ended...

SPX Elliott wave view: Showing impulse

by elliottwave-forecast.com | July 19, 2017 10:00 am
Short term SPX Elliott Wave view suggests the rally from 5/18 low (2352.7) to 6/19 peak (2453.8) ended Minor wave 3. The pullback from 2453.8 to 2405.70 on 6/29 low ended Minor wave 4. Up from there, the...

DXY Elliott Wave View 7.19.2017

by elliottwave-forecast.com | July 19, 2017 9:45 am
Short term DXY (USD Index) Elliott Wave view suggests the decline from 6/20 peak (97.87) is unfolding as a Zigzag Elliott Wave structure. Down from 97.87 high, decline to 95.47 ended Minor wave A, and bounce to 96.51 high ended...

DXY Elliott Wave View: More Downside

by elliottwave-forecast.com | July 18, 2017 10:02 am
Short term DXY (USD Index) Elliott Wave view suggests the decline from 6/20 peak (97.87) is unfolding as a Zigzag Elliott Wave structure. Down from 97.87 high, decline to 95.47 ended Minor wave A, and bounce to 96.51 high ended...

Bitcoin “Deja Vu” corrective sequence

by elliottwave-forecast.com | July 17, 2017 9:10 am
Since June peak at $3000, Bitcoin lost 35% of it’s value driving the rest of the cryptocurrency market into chaos as 1st August is approaching which is scheduled to trigger activation of Segregated Witness (SegWit) and could lead to...

Nifty Elliott wave view 7.14.2017

by elliottwave-forecast.com | July 14, 2017 9:50 am
Short term NIFTY Elliott Wave view suggests the rally to 9709.3 ended Intermediate wave (1), and the pullback to 9449.06 low ended Intermediate wave (2). Rally from there could be unfolding as an Elliott wave Zigzag structure where Minor wave A...