Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave chart of SPX published in members area. In further text we’re going to explain the Elliott Wave count...
The situation in North Korea went to another level last week when President Trump made some “Fire and Fury” comment. His response to the provocation by North Korea resulted in risk off with sell off across the market, higher...
SPX500 move up from 3/27 (2322) low is proposed to be unfolding as a double three Elliott wave structure when rally to 6/19 (2453) completed wave W and dip to 6/29 (2405.74) completed wave X. Up from there, Index rallied...
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...
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...
The Fed will soon embark in an uncharted water of Quantitative Tightening (QT). In the aftermath of 2008 global credit crisis, the world central banks went into the biggest experiment in monetary policy called Quantitative Easing (QE)....
In June 2015, we mentioned that Nifty-NSE from India was in a warning area for the bulls and a larger correction was expected to take place. Over the next 12 months, Nifty lost 25% dropping from a...
Many traders around the World keep picking the top in Indices and fail to capitalise on the trend which is to the upside. Recently, we did an article to explain World Indices could see another huge peak around...
Since the correction between the year 2000 and 2009, many traders around the world have developed an idea of bearish World Indexes with more downside to come. With Fed driving Market, everyone is under the idea that Global Indexes...
In this technical blog we’re going to take a look at the past Elliott Wave charts of $ES_F (S&P 500) and explain Elliott Wave Flat structure. As our members know, we were pointing out that $ES_F (S&P 500) is...
