WaveTrack International

Elliott Wave Financial Price Forecasting

EuroStoxx 50

Original short-term upside to 2625.29 has been achieved but as in the case of the U.S. indices, the substructure from last week’s low of 2494.54 implies an upside continuation. Idealised targets measure to 2709.47, the fib. 61.8% retracement – await a reversal signature there to confirm downside continuation in the weeks ahead. Ultimate downside objectives […]Continue reading «EuroStoxx 50»

Eurostoxx 50 drops in five wave sequence

Very short-term aspect, but very important in our opinion. Eurostoxx 50 declined in a five wave sequence from yesterday’s high – suggesting the larger declines have resumed. The following counter-trend rebound is expected to unfold into a single zig zag and once completed, acceleration to the downside is expected.Continue reading «Eurostoxx 50 drops in five wave sequence»

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»

Eurostoxx 50

Declines from the Aug.’12 high of 2494.06 are resuming the larger downtrend that began from the Jan.’10 high of 3044.37. Shown on this chart is the final sequence of that downtrend in progress from this year’s high of 2611.42. Should the Eurostoxx manage to stay below 2494.06, declines are expected for the remainder of the […]Continue reading «Eurostoxx 50»

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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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