It seems that Crude is in the last stages of what I see as an Expanding Ending Diagonal . I will wait for confirmation however as this market has already fallen below the 61.8% mark of the previous up swing. 45.47 is key support level. I will update […]
Crude looks to have formed a reversal right at the crucial support level of 46.90, if this support level is held then this is most likely an Ending Diagonal in Wave C. If things go as expected this market will see levels above 51.95 in the upcoming sessions. I will […]
In the Nifty report that I published on July 2017 I stated that I expect Nifty to achieve Target 1 as 9600 and now around 11 months later the same has been achieved, this goes on to prove the power and accuracy of Elliott Wave. Now in this video I […]
After the previous article in which I discussed how Gold might be moving in a 3 legged correction, it achieved the target 1 mark and then started moving hesitantly in a sideways fashion, now it seems that the correction might have taken a complex structure and quite possibly a Triangle. […]
In the last update I shared my view that Gold should rise up for the 5th Wave to complete the circled Wave 3 which it has. Alternate count in Green. However at this point it seems that either that Wave 5 is a Truncated 5th or that it is Wave […]
In the last video report I pointed that I was expecting Gold to atleast achieve the level of 1244 and the last target was 1232, since Gold achieved both of those targets in this video report I have looked at the possible upside levels. From the current Wave Progressions it […]
In the last video report my view was that the SPX should give a reversal from near the 2410 level and it reversed from 2400. In this video report I have discussed the 3 possible ways in which the SPX can progress, basically the S&P 500 is currently in a […]
I have previously discussed some probable count for Gold and would like to add to this possibility this particular count which points that a small leg up still remains before we see the Wave 2 of 3 correction. Basically if this count plays out then we will see Gold going […]
Crude Oil seems to be moving in an 3 Wave corrective structure. Hence I expect it to achieve atleast T1 : 53.30 if further downside is seem then it can drop till T2 : 51.80 Even lower levels uptill 50.80 are possible but that is something we can only talk […]
In this video I have discussed the three main Elliott Wave Counts that can play out on the Gold (XAU USD) market from 16th April 2017 onwards. I have also specified the possible downside targets and the strategies that can be incorporated to trade these counts. Video Report : […]
The current wave progression seems to be moving in 3 – 3 Wave formations which can be considered as an Ending Diagonal, also a point worth noting here is that the Wave 1-3 and Wave 3-5 have 1.236 Fibonacci relationship which further supports the count. If this formation […]
In this video I have discussed the main count as well as 2 other possibilities that can play out in Gold (XAU USD). Basically 2 counts are pointing downward and 1 upward, my bias is towards the downside, I have also discussed the trading strategies for each count. Learn […]
Since my last analysis Nifty has not given any clear sign of the market direction. My bias is that it should give a good correction before giving the next leg up and hence in the above count I have taken the movement from 9215 as an Expanded Flat correction. The […]
In this report I have updated the Elliott Wave Count for Crude Oil by changing the position of the circled 5th Wave. As soon as the lower black trendline is broken we will have validation for the placement of the circled 5th and a confirmed signal that the Wave 2 […]
In the previous report we were able to spot the exact high, or the turning point for Wave 4. As of now it seems that the market is in the starting phase of the 3rd Wave. As long as this market stays above the black trendline, I do not see […]
