WaveTrack International

Elliott Wave Financial Price Forecasting

Eurostoxx 50

The advance from the April low of 2542.10 appears to be impulsive in nature. This increases the probability of an upside continuation during the next weeks and therefore promotes this count to ‘preferential’ status. It describes the counter-trend correction in progress from the 2754.80 high as unfolding into an expanding flat pattern – current rallies […]Continue reading «Eurostoxx 50»

S&P 500 – secondary EW count

This is our secondary count for S&P 500 cash index. The strong rally from last week’s low of 1536.03 has increased the probability of this scenario that advocates upside continuation during the next few weeks – a break above 1597.35 would confirm higher targets to 1634.13 to finalise the larger advance from the Nov.’12 low […]Continue reading «S&P 500 – secondary EW count»

S&P 500 – shows weakness

The S&P sold off sharply from its 1597.35 and is now in the process of confirming a reversal signature. The initial decline to 1536.03 unfolded into a five wave sequence – now, a counter-trend three wave upswing is expected prior to downside continuation. Interestingly, the 1536.03 low is very close to a golden ratio cut […]Continue reading «S&P 500 – shows weakness »

S&P 500

Early this week we have extended ultimate upside targets towards 1600+/-. The primary count advocates for an immediate completion of the upswing that started in mid-November’12 however, alternative count supports higher levels prior a counter-trend decline. (Become an EW-Compass report subscriber and see how this pattern continues to develop and what’s coming up in the […]Continue reading «S&P 500 »

S&P 500 – reversal still not confirmed…

S&P 500 cash index needs a break below 1.538.53 to confirm the start of a new downtrend. Overall, the reversal as mentioned seems imminent and hopefully later today we will get a confirmation. Good luck! (Become an EW-Compass report subscriber and see how this pattern continues to develop and what’s coming up in the larger […]Continue reading «S&P 500 – reversal still not confirmed…»

Reversal is imminent!

The S&P already has achieved min. upside targets to 1572.63 and the short-term ending-diagonal scenario shown in the last EW-Compass issue would suggest a reversal from current levels to begin a sustained counter-trend decline in the months ahead.  The most recent rally could extend higher towards 1579.93-88.41 during the next trading sessions but its not […]Continue reading «Reversal is imminent!»

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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