WaveTrack International

Elliott Wave Financial Price Forecasting

The decline from the September high of 1474.51 is still in progress, unfolding as a 4th wave within a larger ongoing five wave upswing from the June low of 1266.74. Shorter-term, downside targets measure to 1396.08 but could also extend to the fib. 50% support at 1389.44. As this is commonly the max. retracement for […]Continue reading «»

Nasdaq Composite

The focus on this chart is minute wave 4’s text-book counter-trend decline between 3196.90 to 3037.20. This was expected to unfold into a single zig zag pattern towards 3036.80 derived by extending minuette wave [a] a fib. 38.2% ratio. This ratio can be used when wave B of a zig zag pattern retraces 50% or […]Continue reading «Nasdaq Composite»

S&P 500

The reversal signature from last Friday’s low of 1425.53 has triggered the finalising upswing of the larger uptrend in progress from the June low of 1266.74. Ultimate upside is measured to 1515.71. Original lower upside to 1487.87 has been ruled out due to the substructure of the current advance from 1425.53 which implies more upside […]Continue reading «S&P 500»

Dow Jones 30

As the Dow Jones Industrial has already exceeded the preceding 13367.30 low, the contracting-symmetrical triangle pattern unfolding as minute wave 4 from the September high of 13653.20 has been changed into an expanding flat sequence. Short-term downside objectives measure to 13300.70 – a reversal from there would trigger the finalising upswing to min. 13823.60 and […]Continue reading «Dow Jones 30»

S&P 500

The sell off from last week’s high of 1470.96 has greatly increased the probability for the contracting-symmetrical triangle scenario. This means the S&P should remain within the range between the 1474.51 high and the 1430.53 low during the next several trading days before it stages one finalising advance to original upside at min. 1487.87 or […]Continue reading «S&P 500»

About WTI

WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

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