Short Term Elliott Wave View on Gold (XAUUSD) suggests that rally from 11.13.2023 low is unfolding as a 5 waves impulse. Up from 11.13.2023 low, wave 1 ended at 2146.79 and dips in wave 2 ended at 1973.13. The metal extended higher in wave 3 towards 2431.78. Pullback in wave 4 is unfolding in a double three Elliott Wave structure. Down from wave 3, wave (a) ended...
Short Term Elliott Wave View on IBEX suggests rally from 10.25.2023 low is in progress as a 5 waves impulse. Up from 10.25.2023 low, wave (1) ended at 10301.2 and pullback in wave (2) ended at 9798.80. The stock extended higher again in wave (3) towards 11139.9. Down from there, wave (4) unfolded as a double three Elliott Wave structure. Wave W ended at 10855.4...
Short Term Elliott Wave View on GDX suggests that rally to 35.74 ended wave 3 on April 12, 2024. From there, the ETF pullback as a double three Elliott Wave structure. Down from wave 3, wave (a) ended at 33.44 and wave (b) ended at 34.35. Wave (c) lower ended at 32.43 which completed wave ((w)). The ETF then rallied in wave ((x)) as as a double three structure in...
Short Term Elliott Wave View on DAX suggests rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up from 10.23.2023 low, wave (1) ended at 17003.28 and dips in wave (2) ended at 16345.02. The Index extended higher in wave (3) towards 18567.16 as the 1 hour chart below shows. Down from there, wave (4) unfolded as a double three Elliott Wave structure. Down...
Elliott Wave view on GBPUSD suggests that rally from 10.4.2023 low takes the form of an impulsive structure. Up from 10.4.2023 low, wave (1) ended at 1.2828. Correction in wave (2) unfolded as an expanded flat Elliott Wave structure. Down from wave (1), wave A ended at 1.2519 and wave B ended at 1.2894. Down from there, wave C subdivided into 5 waves. Wave ((i))...
Short Term Elliott Wave view on FTSE suggests that rally from 8.18.2023 low is unfolding as a 5 waves impulse. Up from 8.18.2023 low, wave 1 ended at 7745.82 and pullback in wave 2 ended at 7279.86. Up from there, wave ((i)) ended at 7764.37 and wave ((ii)) pullback ended at 7404.08. The Index then extended higher in wave ((iii)) towards 8015.63 as the 1 hour...
Short Term Elliott Wave view on Tesla (TSLA) suggests decline from 2.27.2024 high is in progress as a 5 waves impulse lower. Down from 2.27.2024 high, wave 1 ended at 160.51 and rally in wave 2 ended at 184.25. Down from there, wave ((i)) ended at 162.01. Wave ((ii)) rally ended at 170.21 as the 45 minutes chart below shows. Down from wave ((ii)), wave (i) ended...
Short term Elliott Wave view in EURUSD suggests that cycle from 12.28.2023 high is in progress as a zigzag Elliott Wave structure. Down from 12.28.2023 high, wave A ended at 1.0694 and rally in wave B ended at 1.098. Wave C lower is in progress as a 5 waves impulse Elliott Wave structure. Down from wave B, wave ((i)) ended at 1.072 and rally in wave ((ii)) ended...
Short term Elliott Wave view in EURJPY suggests that rally to 165.35 ended wave 3. Wave 4 pullback unfolded as a double three Elliott Wave structure. Down from wave 3, wave ((w)) ended at 162.59 and wave ((x)) ended at 165.17. Down from there, wave (w) ended at 163.85 and wave (x) ended at 164.69. Wave (y) lower ended at 162.26 which completed wave ((y)) of 4 in...
Short term Elliott Wave view in Nikkei Futures (NKD) suggests that rally to 40960 ended wave 3. Pullback in wave 4 is currently in progress as a double three Elliott Wave structure. Down from wave 3, wave (a) ended at 40025 and wave (b) ended at 40805. Wave (c) lower ended at 39285 and this completed wave ((w)) in higher degree. The Index then bounced in wave...
Short term Elliott Wave view in Amazon (AMZN) suggests the rally from 10.26.2023 low is unfolding as a 5 waves impulse. Up from 10.26.2023 low, wave (1) ended at 155.63 and pullback in wave (2) ended at 144.05. The stock extended higher in wave (3) which is proposed complete at 189.99 as the 1 hour chart below shows. Wave (4) pullback is currently in progress as a...
Short term Elliott Wave view in Silver (XAGUSD) suggests that cycle from 3.27.2024 low is ongoing as a 5 waves impulse. Up from 3.27.2024 low, wave (i) ended at 25.38 and pullback in wave (ii) ended at 24.73. The metal extended higher in wave (iii) towards 27.33 and pullback in wave (iv) ended at 26.26. Final leg wave (v) ended at 28.32 which completed wave ((i))....
Cycle from 10.23.20223 low in DAX is in progress as an impulse Ellliott Wave structure. Up from there, wave 1 ended at 17003.28 and wave 2 pullback ended at 16345.02. The Index rallied higher again in wave 3 towards 18567.16. Pullback in wave 4 is currently in progress as a double three Elliott Wave structure. Down from wave 3, wave (a) ended at 18275.94 and wave...
S&P 500 E-Mini Futures rallies in an impulse structure from 10.27.2023 low. Up from there, wave 1 ended at 4607.75 and pullback in wave 2 ended at 4548.75. The Index then extended higher in wave 3 towards 5333.5 as the 1 hour chart below shows. Pullback in wave 4 unfolded as a zigzag Elliott Wave structure. Down from wave 3, wave ((a)) ended at 5235 and rally in...
Short Term Elliott Wave structure in Apple ( NASDAQ:AAPL ) suggests that the stock is correcting cycle from 1.3.2023 low in wave II. The rally to 199.62 on December 14, 2023 high ended wave I. Pullback in wave II is in progress as a zigzag structure. Down from December 14, wave ((A)) ended at 180.17 and rally in wave ((B)) ended at 196.38. Down from wave ((B)),...
Elliott Wave Structure in Bank of America (BAC) shows incomplete bullish sequence from 10.27.2023 low favoring further upside. Short Term, rally from 1.17.2024 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from there, wave (1) ended at 35.1 and dips in wave (2) ended at 32.35. The stock extends higher again in wave (3). Up from wave (2), wave 1...
Elliott Wave Structure in Bank of America (BAC) shows incomplete bullish sequence from 10.27.2023 low favoring further upside. Short Term, rally from 1.17.2024 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from there, wave (1) ended at 35.1 and dips in wave (2) ended at 32.35. The stock extends higher again in wave (3). Up from wave (2), wave 1...
Short Term Elliott Wave view in Gold Miners ETF (GDX) suggests rally from 2.29.2024 low is in progress as a 5 waves impulse structure. Up from 2.29.2024 low, wave ((i)) ended at 30.48 and pullback in wave ((ii)) ended at 28.91. Internal subdivision of wave ((ii)) unfolded as a zigzag structure. Down from wave ((i)), wave (a) ended at 29.71 and wave (b) ended at...