WaveTrack International

Elliott Wave Financial Price Forecasting

The hidden harmonic symmetry into the Elliott Wave pattern!

by m.tamosauskas| December 7, 2015 | 9 Comments

As we continue to update the myriad of different contracts within our ever-expanding portfolio in preparation for the release of annual 2016 forecasts, one new ETF has caught our attention. It is the ETF for the Eurostoxx 50 index and trades under the symbol FEZ. It has grossly underperformed the underlying index as all ETF’s do within a persistent declining phase because of the latent roll-overs etc. But somehow, this one has retained its near-perfect Elliott Wave structure and geometric Fib-Price-Ratio dimensions.

EuroStox151207

We would like to encourage you to train your eye spotting these powerful Fib-Price-Ratio and in this post we will leave annotations separate from the chart. Take a time and find most common Fibonacci ratios within a double zig zag pattern. We will update this chart during the next few days!

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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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