S&P 500 Forecasting The Path
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of SPX, published in members area of the website. Back in December 2018 we were calling cycle from...
Category: Daily Forex Reports
Elliott Wave View: Gold Buyers Should Appear Soon
Elliott wave view in Gold suggests that rally from August 16, 2018 low ($1160.37) is unfolding as an Elliott Wave Impulse structure. Rally to $1326.53 ended wave (3). Wave (4) pullback is in progress as a double...
GBPUSD: The nearest long-term level of support is 1.2731
The capitalization of the positions of the CME Group participants reporting to CFTC on derivatives on the British pound increased by 8%. The total capitalization of derivative markets for British Pound reached $ 42 billion 69 million....
Elliott Wave View: Further Rally in Nikkei Favored
Short-term Elliott wave view in Nikkei suggests that the Index has ended correction at 20169 as wave ((X)) and starts a new leg higher. Decline to 20169 on 8 February took the form of an Elliott Wave...
Alibaba Ended Elliott Wave Flat Correction: What’s Next?
In this technical blog, we are going to take a look at the past performance of Alibaba ticker symbol: $BABA 4-Hour Elliott Wave Charts that we presented to our members. In which, the stock made a 3...
Elliott Wave Analysis: More Downside Expected in EURGBP
Hello fellow traders. I want to share with you some Elliott Wave charts of EURGBP which we presented to our members at Elliott Wave Forecast. You see the 4-hour updated chart presented to our clients on the 01/26/19 below EURGBP unfolded as an...
Gold: The first long-term goal of increasing is 1323.85
Cash investments of the “owners of the markets” in derivatives for gold of the CME Group exchange amounted to $ 181 billion 609 million. Capitalization of investments increased by less than 1%. The net advantage of bullish...
Elliott Wave View Favors More Downside in GBPUSD
GBPUSD short-term Elliott wave view suggests that the rally to 1.322 on Jan 26, 2019 ended wave ((X)). Decline from there is unfolding as a 5 waves impulse Elliott Wave structure. Down from 1.322, wave (i) ended...
$IBM Long Term Bullish Trend and Elliott Wave Cycles
$IBM Long Term Bullish Trend and Elliott Wave Cycles Firstly I would like to mention Big Blue has been around for over 100 years since it was founded. I have price data that goes back to the...
Has S&P E-Mini Futures (ES_F) Formed Secondary High?
Recall in our previous article we said U.S. Indices, specifically S&P 500 E-Mini Futures (ES_F), likely won’t break last year’s high yet. From the technical side, the chart below shows why the current level around 2700 presents a...