Russell Looks Having Topped
We can count the rally off the Sep 22 low as a Triple Three corrective structure: The Triple Three is … Read more
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Crude Oil: That is a Perfect Bullish Setup
Crude Oil has completed a long -i- up, -ii- down setup for a new rally: Note it looks like an … Read more
NQ-mini: This Spike Completes a Corrective (a)-(b)-(c) up Structure
The morning a release of a better than expected PPI data triggered a spike up in NQ-mini: NQ spiked to … Read more
ES-mini: This Spike Completes a Corrective (a)-(b)-(c) up Structure
The morning spike triggered by better than expected PPI data pushed ES-mini higher: That rally may tag 4,060sh or even … Read more
New Video: “A New and Better Harmonic Elliott Wave theory trading strategy”
I have just published a recording of my live presentation at on-line “Friendsgiving 2022 Conference” that held today on Nov … Read more
Dow Jones: The Bear Market Rally Looks Completed
We can count five micro waves behind that rally off the October low: I count that five wave up rally … Read more
ES: Weekend Update: Two Scenarios to Complete that Bear Market Rally
I still believe this rally is a corrective three wave bounce in wave B up. Below I will share with … Read more
ES-mini: The Most Tricky Expanding Triangle Structure
The most tricky corrective pattern is the Expanding Triangle. It’s barely possible to identify it until the very last moment … Read more
TSLA: It Could Make a Major Bottom
I can make a case that TSLA made a major bottom: Even if we get a corrective A-B-C up bounce, … Read more
ES-mini: Macro Update
FOMC, CPI and NFP days normally bring crazy volatility. Sometimes unexpected data triggers very strong directional moves. Today was not … Read more
Crude Oil: May Be Setting Up for a Rally to 100+
Decline in Crude oil has tagged the Green Box, a minimum required target for subwave -c-, at a 76.4% extension … Read more
$NQ-mini: Sell Every Bounce As Long Bears Defend Resistance 11,850
Note how important that June low level became. This is exactly where bulls failed yesterday. As long as Bears hold … Read more
RTY-mini: Goes Down After Breaking Under 1,800 support
I called the previous update posted yesterday: “A Break Under 1,800 Would Trigger A 100+ Point Drop”. Today RTY dropped … Read more
DXY (USD index) Has Completed A Corrective Structure…
A triangle corrective pattern in DXY (USD index) looks having completed: Bulls have a decent setup to start pushing USD … Read more
RTY-mini: A break Under 1,800 Would Trigger a 100+ Point Drop
That November move up looks like a corrective pullback and is shaped as an ascending bearish flag: I count that … Read more
ES-mini: The Majority of Traders Continue to Expect A Huge Drop
The majority of traders who use Elliott Wave theory continues to expect ES-mini to start a very strong decline: That … Read more
ES-mini: The Weekend Macro Update
In that update I will not show you any bullish scenarios. Let me explain why: Note those three (a) up, … Read more
NQ-mini: The Weekend Macro Update
We continue to follow two bearish structures of a large pullback off the top made in November 2021: (1) the … Read more
NQ-mini: Initial Positive Reaction on NFP May Later Lead to a Breakdown
Let’s start from an alternative bullish macro scenario: As long as bulls manage to hold NQ over 10,484 they can … Read more
RTY-mini: Setting the Stage for Another Leg Down
RTY-mini has been consolidating on Thursday after the strong decline, a reaction to the bearish statements of the FED Chairman … Read more
RTY-mini: We Nailed the Top and We Almost Nailed the Turn Date
In my previous update I noted that if we apply Gann’s 45 day cycle we may expect RTY to top … Read more
ES-mini: Macro Update Before FOMC on Wednesday
I have two bearish macro scenarios on my table. (1) The Bearish Scenario 1 considers the October rally as a … Read more
RTY-mini: Looks Very Toppy and Ready for a Reversal
RTY-mini futures stretched higher overnight and tagged the upper edge of the ascending bearish looking wedge: RTY has made enough … Read more
ES-mini: My Primary Wave Count is Bearish
This A up, B down, C up consolidation that started at the end of September looks kike a corrective wave … Read more
RTY: Weekend Macro Update
Off the all time high made in Niov’21, Russell has been leaking down in a complex Double Three structure labelled … Read more
Bitcoin: Setting Up for the Final Flush to the Bottom
Bears have tested the support 18,540 (see the blue line) six or seven times. So far it has held but … Read more
RTY: Completing a Corrective Pattern off the September low
1,860 has been the target for this move up. It is the confluence of fibs: – 138.2% ext of wave … Read more
$ES-mini: Has Held Over the Support
Bad report from AMZN crushed NQ but ES-mini has held over upward sloped 200 MA on 60 min chart (see … Read more
NQ: Broke Under Support and Confirmed Completion of a Pullback
NQ-mini keeps following the bearish wave count: Under that scenario NQ completed an A up, B down, C up structure … Read more
Crude Oil: Keeps Following Our Bullish Path
Crude keeps following the bullish wave count nicely: In the previous update I pointed you to the bullish -i- up, … Read more
$DJIA: May Be Setting Up for A Big Drop
MACRO UPDATE OF @YM – E-mini Dow futures Dow futures has been following a complex corrective pattern called Double Three … Read more
$ES: Following the Bullish Path to 4,050
That bullish count shows a possible destination for this corrective A up, B down, C up structure at 4,050: The … Read more
$RTY: The Rally Has a Clean Corrective Structure
If we look at the chart below you can see a corrective Double Three structure labelled (w)-(x)-(y) up: According to … Read more
$ES-mini: The Bullish Count Lacks A Foundation for a Rally
Under the Bullish Scenario we can get a five wave up rally in wave C up. Any impulsive rally in … Read more
$TSLA: Approaching the Green Target Box
TSLA is approaching the Green Box: We should get a relatively large corrective pullback in wave B up off that … Read more
$DXY: US Dollar: Bulls have a Setup to Push Higher Again
DXY, the US Dollar index has super clean bullish micro count that argues that wave 3 up has not topped … Read more
NQ-mini: Bulls Invalidated the Bearish Count and Made our Santa’s Rally the Primary Path
The Weekend Update The previous Weekend Update outlined two scenarios, the Bearish and the Bullish ones. On Friday I updated … Read more
ES-mini: Did Friday Rally Invalidated the Bearish Scenario?
The Weekend Update Let’s review two alternative Macro Counts based on Daily charts of ES-mini futures. (1) We will start … Read more
NQ-mini: Attractive Short Setup
We have an attractive short -i- down, -ii- up setup with a tight protective stop over 11,328:
S&P 500: Macro Update: Two Bearish Scenarios
We have two alternative counts in SPX. Both are bearish. Let’s starts from the (i) Optimistic Bearish Scenario: Under the … Read more