S&P 500 E-Mini Futures (ES_F) broke above last week’s high at 2635.75 and shows incomplete sequence from 3.23 low, favoring further upside in near term. Short Term Elliott Wave suggests the rally from 3.23 low (2174) is...
USDCAD stays in a trading range between 1.3920 and 1.4348. As long as 1.4348 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.4667, and further decline to 1.3800...
USDJPY is now in the uptrend from 106.91, further rise would likely be seen after a minor consolidation and next target would be at 110.00 area. Near term support is at 108.10, only break below this level...
AUDUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 0.6213 had completed at 0.5979 already. Further rally would likely be seen and next target would be at 0.6213 resistance,...
GBPUSD is now in the downtrend from 1.2485, further decline could be expected after a minor consolidation and next target would be at 1.1900 area. Near term resistance is at 1.2330, only break above this level could...
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1147. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
The $QQQ Nasdaq Tracker Long Term Cycles & Elliott Wave Firstly the QQQ instrument inception date was in March 1999. That was before it ended a larger cycle up from the all time lows in March 2000....
The $UUP Bullish Cycles from May 2011 Lows Firstly the dollar tracking ETF fund $UUP inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The $UUP ETF fund shows a low in...
Hello fellow traders. In this technical blog we’re going to take a look at the Elliott Wave charts of COFFEE Futures ( $KC_F ) published in members area of the website. The Commodity corrected the cycle from...
USDCAD continue its sideways movement in a trading range between 1.3920 and 1.4348. The price action in the range is likely consolidation for the downtrend from 1.4667, and further decline to 1.3800 area is still possible after...
