After the decline from 10000 + level which was the suggested target level as mentioned in my last video reports it seems that we have a 5 legged down movement which seems to be followed by a Triangle, since triangles can not appear in Wave 2 positions hence the most […]
In my previous post I discussed how DAX 30 (German Stock Market Index) was moving down in Wave iv , as of now it seems that the correction is complete and that DAX can move upwards for a Wave 3, the green corrective channel should be broken on the upside […]
It looks like Gold (XAU USD) in Wave 3 of Wave 3) which is supposed to be a very strong wave. As such this analysis has played out as expected so far and hence if it goes on to continue as such we shall soon see 13000+ levels on the […]
It look like Crude has just completed a Ending Diagonal and also broken the upper trendline. If this is an Ending Diagonal then we can expect Crude to make new highs from here on. SL : Below 46.40 Target : Last Swing high It looks like a good long […]
It seems that SPX (S&P 500) is moving down in either a 1)-2)-3) impulse for the Wave (A) of a bigger correction or as Wave A) – B) – C) for a Zig Zag. As of now it seems to be moving fast and hence looks more like a Wave […]
In my last video report and article I suggested the possible up progression in DAX 30 (German Index), but from the current Price Action it seems that we were in a Wave 4 till now and have one leg down remaining as Wave 5, only after this down leg completes […]
In this video I have discussed the different possible Elliott Wave structures that might play out in DAX 30 and Index of the German Markets along with the most likely targets. Short term to medium term view remains bullish, view the complete video report for more detailed view. Get 1 […]
After completing Wave 3, it seems that Crude Oil is stuck in a sideways movement as of now which looks most likely as a Triangle. A break above 48.35 or 49.93 would say that things are otherwise. Overall I expect one leg up after the completion of this pattern […]
It looks like DAX 30 (German Index) has just completed an A-B-C corrective Wave 4 (The circled Blue Wave iv) and hence we can expect good upside in the coming sessions. From an alternate perspective it is also possible that the Wave iv of Wave (c) is still continuing as […]
In my previous video I suggested that Gold should soon make a new low and once the Wave 4 resistance is broken to the upside we can see new highs, as of now Gold has broken the 1228 Wave 4 resistance and is progressing in an impulsive fashion. As of […]
In the last video report that I published when Gold(XAU USD) was trading around 1242 my primary view was that there is more downside to be seen in Gold. Right now Gold is trading around 1212 good 30 points down from the previously mentioned level. Looking at the structure right […]
Previously I was considering that the up move in WTI Crude from 42 levels as a Wave 4 and that we still had a leg down remaining, however it clearly was not the case as that count was invalidated today. The count published in this post is the most likely […]
In my video report on Gold published on 1st July 2017 when Gold (XAU USD) was trading around 1242 I discussed 2 high probability counts, both of which were pointing down. As of now Gold has moved down below 1220 and is moving just as expected. I think that the […]
In this video I have discussed 4 possible Elliott Wave Counts that I think can play out in Gold (XAU USD) in the month of July 2017. For better understanding view my last video report here : Last Gold Video Report. As per the discussion we have the Hypo 1 […]
In my last video report I pointed out that Gold(XAU USD) will most likely give one leg down for the Wave 5 after which I expect the upward rally to begin. As of now it looks like Gold is moving down in that Wave 5 and can see downwards levels […]
