WaveTrack International

Elliott Wave Financial Price Forecasting

SP500 – Heading Lower

SP500 – Expanding Flat – Heading Lower Towards 2655.75+/- The SP500 has just completed a three wave (a)-(b)-(c) zig zag upswing from the April 21st low of 2717.25 into today’s high of 2913.50. This completes wave [b] of a developing [a]-[b]-[c] expanding flat pattern. Downside targets for wave [c] towards 2655.75+/- The SP500 has just […]Continue reading «SP500 – Heading Lower»

SP500 and 3 Degrees of Trend

SP500 – Three Degrees of Trend Ends December’s Impulse Upswing @ 2814.00 The SP500 extended above original upside targets of 2724.00+/- but has undergone a 5th wave ‘extension’ which is itself a 7/100 probability. Ordinarily, this advance would have ended earlier at the Feb. 14th high of 2763.00 but the ‘extension’ has prolonged December’s uptrend. […]Continue reading «SP500 and 3 Degrees of Trend»

Currencies and Interest Rates 2019 Video Outlook | PART III/III

Currencies & Interest Rates 2019 Video Series | PART III/III INCLUDES ANALYSIS ON MAJOR US$ DOLLAR PAIRS/CROSSES – ASIAN/EM CURRENCIES – MEDIUM-TERM CYCLES – LONG-DATED YIELDS US/EUROPE/JAPAN + SPREADS US$ Dollar Continues Higher into Mid-Year 2019 before 7.8-Year Cycle Reasserts Downtrend – Long-Dated U.S./European Yields Heading Lower until June/July then Resuming Medium-Term Uptrend – Inflation […]Continue reading «Currencies and Interest Rates 2019 Video Outlook | PART III/III»

Elliott Wave Tutorial | Wave Structure – Pattern Dimension & Fib-Price-Ratios

Q. I have a query about [WaveTrack’s] Elliott Wave EuroStoxx50/European indices analysis – could the entire decline from the Nov.’17 peak be labelled as a W-X-Y corrective pattern ending into the late-March ’18 low? – and a new uptrend beginning from that point ending the 1st wave now within a progressive five wave advance? A. […]Continue reading «Elliott Wave Tutorial | Wave Structure – Pattern Dimension & Fib-Price-Ratios»

Value Line Index – Expanding Flat!

Markets Higher Now! In recent updates, U.S. index declines from February 27th highs were identified as unfolding into 3-3-5, [A]-[B]-[C] expanding flat patterns. This is the case for the S&P 500, the S&P 400 mid-cap, the Russell 2000 small-cap, the Nasdaq 100 together with several sector indices including recent updates for the XLY Consumer Disc. […]Continue reading «Value Line Index – Expanding Flat!»

Nasdaq100 – Expanding Flat – New Update!

NASDAQ100 – Technology Stock Slide Over! Nasdaq100 ended corrective expanding flat downswing yesterday at 6322.90 – outlook affirms bullish call for next several weeks. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the comments on this postContinue reading «Nasdaq100 – Expanding Flat – New Update!»

How to use the RUSSELL 2000 as a lead indicator?

Russell 2000 – NOVEMBER’S IMPULSE PATTERN COMPLETED AT 1560.00! – WATCH FOR BEARISH DIVERGENCE DJIA Many investors believe the Russell 2000 small-cap index leads the price movements of the large-cap indices like the S&P and Dow Jones (DJIA). However, the reality is that its relationship is often inconsistent. Yes, sometimes it does ‘lead’ but on […]Continue reading «How to use the RUSSELL 2000 as a lead indicator?»

SP500 AT 2600.00 – PSYCHOLOGICAL? NO – MATHEMATICAL!!

For the last several weeks, sentiment readings for the stock market have been so high that it’s prompted analysts and a good few treasure hunters to signal a major decline is about to begin. But the SP500 has been steadily breaking to new record highs over the last month as sentiment readings go from one […]Continue reading «SP500 AT 2600.00 – PSYCHOLOGICAL? NO – MATHEMATICAL!!»

XETRA DAX SETS THE TREND!

Sentiment is Bearish U.S. stock markets were reeling last week as the Trump administration was engaged in reputational ‘damage-limitation’ over the President’s Charlottesville comments that drew a moral equivalence between neo-Nazis and anti-fascists. The fallout that followed resulted in the resignation of Trump’s ‘America First’ architect Steve Bannon as White House chief strategist. Losing an […]Continue reading «XETRA DAX SETS THE TREND!»

US-Dollar Index and the Power of Fibonacci Ratio’s

US-Dollar Index The latest decline in the US-Dollar Index (DXY) has pulled levels down to next target levels at 92.55+/-. Hence, this target level ends its larger minor degree 3rd wave sequence within this year’s impulse downtrend. Momentum shows an oversold condition as last week’s IMM data highlights money managers piling out of dollar holdings. […]Continue reading «US-Dollar Index and the Power of Fibonacci Ratio’s»

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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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