SPX 500 and Nasdaq 100 – Uptrends set to Resume!
SPX 500 and Nasdaq 100 – Synopsis Both the SPX 500 and the Nasdaq 100 have ended recent counter-trend declines that began from the mid-May highs of 2741.25 and 7013.50. At yesterday’s low of 2675.00 for the SPX 500 but at the earlier low of 6829.75 for the Nasdaq 100. Prevailing uptrends are now set […]Continue reading «SPX 500 and Nasdaq 100 – Uptrends set to Resume!»
SP500 Update – Impulse Patterns Ending Now!
SP500 Update SP500’s impulse upswing from May 3rd low includes 5th wave ‘extension’, ending at 2741.25 – Nasdaq 100’s equivalent impulse advance has unfolded with fib. 100% equality ratio in 3rd and 5th waves – both have now begun a corrective downswing Last week’s update forecast the upside completion of the SP500’s impulse pattern towards […]Continue reading «SP500 Update – Impulse Patterns Ending Now!»
SP500 – CORRECTION DUE!
SP500 – 5 Wave Expanding-Impulse Pattern Ending Now – Correction Due! SP500 is in the process of ending a short-term five wave uptrend that began from the early-may low of 2591.25 towards 2708.75+/-. A corrective downswing is measured towards 2649.50+/- Tuesday’s update in our latest report stated ‘…The current intra-hourly advance from the early-May low […]Continue reading «SP500 – CORRECTION DUE!»
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»