From this current chart which is one of the two counts I have currently (both extremely bearish), it looks like we can see huge down move in DAX. Wave 2/B which moved up in 3 waves with Wave B (Circled) being a Running Triangle seems to have completed, but even […]
Currently I’m considering two alternate views for SPX : Hypo1 : Bearish (Main Count) Hypo 2 : Bullish Hypo 1 : As per the Bearish Count below it looks like we are in last leg up of the complex correction for the completion of Wave .Y (Yellow) once the same […]
In this video report I have discussed three Hypos based on SPX (Index of US stock market) on Elliott Wave and in total four scenarios on how this market might progress. From the looks of it we seem to be having a good shorting opportunity as a downleg seems to […]
In the last video analysis posted on 31 March, 2018 I discussed three possible scenarios with respect to Elliott Wave for Nifty (Index of Indian stock market), however there was a possibility that I didn’t discuss for the same I’m writing this article. This case of the Ending Diagonal suggesting […]
In this article I will be looking at possible Elliott Wave counts for the S&P 500 (Index of American Stock Markets) on the 4 Hour chart. Looking at the current progression, in specific the down move that started from 29th January 2018 onwards (our Point of Reference marked in Yellow), […]
The current price action from the 11170 level seems to be within parallel lines and looks what one would refer in Elliott Wave terms as a Zig Zag type of structure. This market did deceive us in with a Wave B as a Running Flat (Can also be interpreted as […]
The Hypo 1 (Cyan) on the DAX 30 chart (Index of German Markets) suggests that we have completed the Wave a as a leading diagonal which suggests shorting for downside target of the white box support region. However if we consider the more bearish Hypo 2 (Red) then we can say […]
In this video I have discussed the short term possible targets for Wave 5 in DAX 30 (Index of German Markets). I have also discussed the practical application of the guideline of Equality in Elliott Wave which states that if one of the three Impulse Waves is extended then the […]
In my last report I suggested shorting the Dollar Index when it was trading around 93.79, ever since then the Dollar Index has been in a continuous down fall making a low for Wave a around 92.80 and moving up for Wave b as a Flat correction till the 61.8% […]
In my last report (which I publish when DAX was trading around 12515) I discussed a Long Trading setup based on a Triangle pattern, after that DAX has gone on to make new lifetime highs and is currently trading around 12987. As of now it looks like the German Stock […]
In my last post I mentioned the target for upside movement in Dollar Index as 94.17 (Target 1) which was achieved on 6th October. As of now the Dollar Index has formed a reversal right at the Target 1 level at 94.17 and looks to be heading down for a […]
In my last article I suggested that Nifty can see straight 5 legged down move for Wave C till the 9730 levels, after that Nifty has gone down and reversed near the 9700 level and hence achieved the said target. In this video I have discussed the possible Elliott Wave […]
In this article I will be discussing the entire movement of Nifty 50 from the 2240 lows in 2008 to the recent highs of 10000 + noted in September 2017. From the lows around 2240 levels the movement seems to be in 5 legs up, and it seems that currently […]
The downfall in DAX that started from the 12950 levels seems to have come to a halt even if temporary, right now it seems that from 12950 to 11870 we had a double Zig Zag type of correction, now the movement till 11870 could be the end of the corrective Wave […]
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 […]
