Search Results for: IoT
USD Index Preparing for A Turn Lower? Early Weakness Gives a Hint – ELLIOTT WAVE
September 10th, 2019
USD Index is trading bullish from end of 2017. We labelled a five-wave recovery from the lows, with the final piece of this rise being an Elliott wave ending diagonal. Potential top for this pattern can be near the ...
Natural gas and GBPCAD Mid-term Look – Elliott Wave
September 4th, 2019
Natural gas made a big five-wave decline from the 5.00 psychological lvl., and in the final part of this impulse unfolded a potential EW ending diagonal within wave five, with support near the 2.03 area. If that is the ...
XXX/JPY Crosses Going Higher as Stocks and Oil Looking BULLISH – Elliott Wave
August 28th, 2019
AUDJPY looks to be recovering after a bigger, five-wave drop from end of June, which found a base at the 69.95 level. We know that after a five-wave drop, a three-wave pullback is expected to follow, which means an ...
ETHUSD Classic – Break of 7.35 Would Skyrocket The Crpyto Currencie (Elliott Wave)
August 22nd, 2019
A three-wave recovery can be in play on the ETHUSD classic, with sideways, and slow price action from the 6.4 area being part of a wave b/ii correction in a double zig-zag (w-x-y) manner. We can see that the ...
10 Year US and The German Bund Can Temporarily Slow Down, Temporarily! – Elliott Wave Analysis
August 12th, 2019
10 Year US notes are trading in an uptrend since the last quarter of 2019. We are specifically tracking sub-wave 3) of a bigger impulse, which can look for resistance, and a turn into a corrective wave (4) near ...
Tesla and Netflix Approaching Support! – Elliott wave Analysis
August 6th, 2019
Tesla can be turning to the upside, because of a broken trend line connected from December of 2018 highs, which can also in days or weeks ahead become support for the upcoming wave (2) correction. Correction with three legs ...
S&P500 Above the 3000 Mark – Elliott Wave Analysis
July 17th, 2019
S&P500 made clear five waves from the 2321 level, where a bigger corrective wave IV) as part of a bigger cycle had ended. These five waves were later followed by a temporary, three-wave pullback which found support near the ...
Elliott Wave Analysis: Metals Turning Bearish!
July 4th, 2019
Metals are approaching resistance areas, so be aware of a fifth wave ending soon on some of them; Gold and platinum, while copper may have already found a top, so its current recovery can be a minor corrective pause. ...
Elliott Wave Analysis: S&P500 Targeting 3000, while USD Index Breaking Down!
June 28th, 2019
SP500 is turning higher as expected, now breaking decisively above the upper channel line which is an indication of a completed three waves of a decline. We see a sharp and impulsive run higher which means more gains are ...
Elliott Wave Analysis: GBPUSD Can Go Bullish Berserk From 1.250!
June 27th, 2019
Higher degree trend is bearish on GBPUSD, but price activity since December 2018 is overlapping, thus corrective. We are observing a three-wave correction (A)-B)-C)) in progress from the lows, with price currently unfolding start of leg C), that can ...
