The final leg, wave (v), carried the Index to 6945.77, completing wave ((iii)). A corrective phase then emerged in wave ((iv) ...
ElliottWave-Forecast has built its reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Before we get into this, a caveat: I am not and will not pretend to be an expert in Elliott Wave analysis. Aside ...
By using the Elliott Wave (EW) Principle, we expected in our previous update from December 5, see here, for the SP500 (SPX) that “ …we anticipate a slight pullback in the gray 4th wave to around ...
“…we anticipate a slight pullback in the gray 4th wave to around 6785-6825 before the next upward move (gray W-v) begins. The latter could then ideally reach 6930 ...
Short-term Elliott Wave count for the SPX since October. In a textbook five-wave impulse move, the third wave commonly reaches the 161.8% extension, the fourth wave hits the 100.0%, and the fifth wave ...
My SPX analysis shows we are in the ninth inning of our wave (III) conclusion and that alone warrants vigilance. An ending diagonal (outlined in blue in the below chart) would be a fitting end to the ...
Elliott Wave Theory predicts prices in all sorts of markets, allowing investors to adjust their trading strategies based on historical trends. What is Elliott Wave Theory? Elliott Wave Theory is a ...
Elliott Wave count for the SPX since the April low. Additionally, the correction this month best qualifies as a (double) zigzag, while the April 10-21 correction best qualifies as a flat, which meets ...
We have been discussing the .618 retrace from the all-time-highs to the recent pivot lows, and now that price near these levels, we are seeing some intense price ...