The Elliott wave indicates the index is in a 3rd wave, with an ideal target of approximately 7250, followed by a 4th-wave pullback to ~7100 and another 5th-wave rally to approximately 7345-7490. “… ...
In our previous update, we found that by using the Elliott Wave (EW) Principle for the NASDAQ 100 (NDX) “…the index is most likely advancing in the 3rd of a 3rd wave (orange W-3 of gray W-iii) for the ...
Abhishek is a seasoned financial analyst with over a decade of experience specializing in Elliott Wave Theory. Ripple edges lower, trading marginally below $1.60 at the time of writing on Tuesday as ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP We expect a slight (50-75p) pullback before the next leg higher kicks in, ideally to 7000+, possibly as high as 7120. Then the ...
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Intermediate-term Elliott Wave count for the SPX. Contingent on price remaining above the warning levels*, with each successive break below increasing the odds by 20% that the uptrend has ended, we ...
On Dec. 22, 1984, Bernard Goetz, a white man, shot and seriously wounded four Black teenagers in a New York City subway car.Their names were were Barry Allen, Darrell Cabey, Troy Canty, and James ...
My broader view on the S&P500 (SPX) is that we are coming to the conclusion of a rally, which can represent a major long-term top in the United States equity market. This would conclude an almost ...