More expensive sugar in the months ahead?
Sugar is getting more and more expensive! The decline that began from the Feb.’11 high of 36.08 has unfolded in to a five wave expanding-impulse pattern with completion into the recent low of 10.13, where the net decline of wave 1 to 3 and wave 5 contains a fib. 100%/61.8% correlation ratio. The following counter-trend […]Continue reading «More expensive sugar in the months ahead? »
ANNOUNCEMENT – PART II – VIDEO LAUNCH for Commodities & Currencies!
The latest edition of the Elliott Wave Compass report has just been released and WaveTrack’s long awaited Commodity and Currency video! Learn why Commodities & Currencies (PART II) – Commodity declines of the last few years are now approaching important downside targets that complete 3½+/- year corrective patterns that began in early 2011. Copper, Crude […]Continue reading «ANNOUNCEMENT – PART II – VIDEO LAUNCH for Commodities & Currencies!»
India CNX Nifty 50 Elliott Wave update
Engaged in a 4th wave within the larger five wave expanding-impulse sequence, the Nifty 50 is now approaching interim support towards 7897.75+/- that is derived by a fib. 61.8% ‘golden-section’ cut of the entire anticipated 8626.95-7477.85 range. An intra-hourly reversal is required to initiate a temporary rally for (minute) wave b within minor wave iv. […]Continue reading «India CNX Nifty 50 Elliott Wave update»
Toyota Motor Corp. (Elliott Wave analysis)
Back in May ‘2014 we showed this Toyota Motor Corp. chart with a fib. 100% equality ratio and asked you one question: would you buy this equity here? The answer was YES and we shared this trading setup with all our subscribers: Here are the result – just few days after, this equity began an […]Continue reading «Toyota Motor Corp. (Elliott Wave analysis)»
EUR/USD – the low is still to come (Elliott Wave analysis)
The decline that began from the January ’13 high of 1.3711 is expected to unfold into an expanding flat pattern, labelled a-b-c in minute degree. A slight adjustments were made from our original forecast dated 05/09/14: The decline from the May ’14 high of 1.3993 must unfold into a five wave sequence that is not […]Continue reading «EUR/USD – the low is still to come (Elliott Wave analysis)»
S&P 500 daily analysis (EWT + Momentum study)
S&P 500 is topping. Yes, there are little doubts about that, the only question left is do we have one more additional upswing prior to staging the big decline or not? Last week we showed deteriorating weekly market internals, today we focus on the daily chart. Basis our preferential Elliott Wave count, the advance that […]Continue reading «S&P 500 daily analysis (EWT + Momentum study)»
India S&P CNX Nifty 50 Elliott Wave Update
The Nifty 50 has now achieved original upside targets at 7954.00+/- with Monday’s high of 7968.25. A reversal is necessary to confirm the completion of minor wave iii.’s advance from the Feb.’14 low of 5933.30 and validate a 4th wave counter-trend decline in the months ahead. Basis a fib. 50% retracement ratio, idealised support is […]Continue reading «India S&P CNX Nifty 50 Elliott Wave Update»