Elliott Wave View in SPX suggests that the sequence in the index from December 26.2018 low remains incomplete to the upside suggests any dips should remain supported in 3, 7 or 11 swings looking for more upside....
$EWC iShares MSCI Canada ETF Long Term Cycles & Elliott Wave Firstly the EWC instrument inception date was 3/12/1996. The iShares MSCI Canada ETF seeks to track the investment results of an index composed of large and mid-sized companies...
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3041. As long as the trend line support holds, the price action from 1.3327 could be treated as consolidation for...
USDJPY’s bounce from 108.23 extended to as high as 109.20. Further rise could be expected in a couple of days and next target would be at 109.48 resistance. Near term support is at 108.80, a breakdown below...
AUDUSD broke below 0.6769 support, suggesting that the downtrend from 0.6929 has resumed. Further decline could be expected and next target would be at 0.6700 area. Near term resistance is at 0.6800, above this level could trigger...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.2985. As long as the channel resistance holds, the bounce from 1.2822 could be treated as consolidation for the downtrend,...
EURUSD is facing 1.0989 support, a breakdown below this level could trigger further downside movement towards 1.0950. Near term resistance is at 1.1040, above this level could bring the price back towards 1.1100.
CHK have been in a tremendous downside trend since peak at 2011 and has already missed an opportunity for a turn. The instrument is showing a very technical decline in 5 waves since the peak at 02.02.2011...
Short Term Elliott Wave view on Russell (RTY_F) suggests that the Index ended wave 2 at 1463.14. The Index then resumes higher and ended wave 3 at 1613.60. The internal subdivision of wave 3 is unfolding as a...
Some market participants worry that the passing of Hong Kong Human Rights and Democracy Act can reverse the gain in stock market. Both the US Senate and House of Representative overwhelmingly voted 417 to 1 in favor...
