Elliott Wave Analysis of the GBP/USD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the GBP/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. My main long term wave count for the British Pound is that a triangle lasting almost 3 years ended on October 31, and a thrust projected to move almost 4000 pips downward over the next year […]
Elliott Wave Analysis of the GBP/USD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the GBP/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. I wouldn’t be surprised if we get a rally from here in Cable, lasting possibly through tommorrow, to complete the correction of yesterday’s huge downward impulse. If that occurs, it would likely be mimicked in the […]
Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The upward movement from the November 1 low can be interpreted as a triple zigzag, and reversed right at the .786 fibonacci. The aggressiveness of the downward movement over the last 7 hours brings back the likelihood […]
Something to watch for in the Euro over the next few hours by Sid from ElliottWavePredictions.com
All commentary is on the chart . . Sid http://elliottwavepre.wpengine.com
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. If the Euro starts rallying by tomorrow, I think the Elliott Wave count depicted in the chart above is correct. Typically, in an expanding ending diagonal, wave 5 terminates just before reaching a trend line extending […]
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. We may have seen the end of wave 1 blue today, although there is a slightly lower fibonacci target at 1.334, if wave 5 green within wave 5 pink reaches .382 times the net distance traveled […]
Elliott Wave Analysis of the DJIA and Euro by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the DJIA and Euro by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. I think this next week is a bit of a crap shoot. We are due a pink wave “b” in the DJIA and SPX, but it could be short & quick (if blue Y equals blue […]
Elliott Wave Analysis of the DAX, SPX, and Nasdaq by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the DAX, SPX, and Nasdaq by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. For those of you that follow this site regularly, you’ve been aware of the truncated 5th wave down in the US equities indices (from Aug 17 thru Aug 22) since the September 2 post, and […]
Elliott Wave Analysis of the S&P-500 e-mini futures contract (ES) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 e-mini futures contract (ES) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Based on the Euro possibly being overdue for a relief rally, as well as what counts best (at least in the contract, which isn’t as reliable as the index) as 5 waves up in […]
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. If the Euro moves below 1.37951, this will be the final confirmation in my opinion that Wave 3 blue within wave 3 black is underway. Within wave 1 blue, the fibonacci relationship where wave 5 pink […]
