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 […]
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 […]
It looks like the circled Wave 4 is finally complete and that SPX will make new highs, technically most immediate target of 2480 should be achieved as per this analysis, however from a psychological standpoint I expect it to atleast touch the 2500 mark. Let’s see how it […]
It looks that the recent sharp leg down was the Wave C of Wave (4) and hence we can see a little more upside as Wave (5) takes it’s course. In any case precaution must be taken and strict stops must be put in place as the alternate count in […]
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 […]
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 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 […]
In my last report when SPX was trading around 2370 I pointed out the possibility that only small upside till 2390 remains, after that SPX made a high near the 2400 region and then has been in a Zig Zag type of correction. At this point it seems that SPX […]
In this article I’m doing Elliott Wave Analysis of Nifty and discussing Swing Trading Strategies for the same. Detailed Video Analysis of Nifty using Elliott Wave : As of now it seems that the 1st leg of impulse has completed near the recent high around 8980, but there is a […]
In the last analysis my view was that a breakout trade should be initiated and Nifty went from 8652 to test the important resistance zone of 9000 as expected. As of now it seems that Nifty will retrace till the red zone of 8430- 8300 to complete the Wave 2 […]
In this post I’m discussing the chart of Dax using Elliott Wave. As per my main count that is presented here the market is in Wave v of Wave 3 and hence a lot of upside remains. See the complete Video Report : Upside targets for upcoming months : […]
In this article I will be doing Elliott Wave Analysis of the Dollar Index 0.06% , as you can see from the current count that we are in a Wave 4 of a higher degree Wave 3, hence it calls for a buying opportunity. I believe that the 38.2% […]
