"All human activities have three distinctive features: pattern, time and ratio - all of which observe the Fibonacci Summation Series" (R.N. Elliott - "Nature's Law - the Secret of the Universe" - 1946)


Friday, May 4, 2018

SPX - update preferred scenario

Is the 5th wave of minor degree starting?
Perhaps, but a first confirmation is far: the breakout of 2718




ElwaveSurfer

Thursday, April 26, 2018

SPX - Intraday structure

In the event of breakout of  2612.67,
the first alternate scenario prevails.
(see with yesterday's chart)

SPX 60 m.

 SPX 15 m.


ElwaveSurfer

Sunday, April 22, 2018

ELLIOTT WAVE ANALYSIS OF STOCK MARKET INDEXES AND PRECIOUS METAL

TECHNICAL OUTLOOK OF US EQUITY INDICES

Long term : 

Preferred scenario: BULLISH (Top Cycle 2020 - 2021)

Medium term :

Preferred scenario =>  central phase of minor wave 4 with new highs in the summer  


1° Alternate => SPX : initial phase of wave 4 of Primary degree 
NDX: final stage of  wave 5 of Primary degree


SPX




NDX






GOLD

Long > 1375




SILVER

Long


ElwaveSurfer

Tuesday, April 3, 2018

ELLIOTT WAVE ANALYSIS OF STOCK MARKET INDEXES FOR THE SECOND QUARTER 2018

Lungo termine : preferred scenario, BULLISH (Cycle Top 2020 - 2021)


Medium and short term (US indexes)


preferred scenario => wave 4 correction of minor degree in the middle stage (if triangle) or final stage (if flat or zig-zag) ; possible new highs in the summer.

first alternate scenario : wave 4 correction of primary degree in the early stage


DJIA





SPX



NASDAQ



TOKYO - Nikkey



HONG KONG - Hang Seng



INDIA - Sensex



COREA - Kospi



BRASILE - Bovespa



GERMANIA - Dax




ElwaveSurfer

Monday, January 1, 2018

ELLIOTT WAVE ANALYSIS OF STOCK MARKET INDEXES: OUTLOOK 2018


I finished my three-year term (2014-2017) 
as CFO of an important Municipality;
I returned to the same job so this blog will still be open !

ElwaveSurfer

-------------------------

2018 could be a two-sided year; 
after an initial correction (January-February), 
new bullish wave (from February / March to May /June), 
then correction (- 15/20% from the next top)

The scenarios are the same since 2 years (see 01.02.2016 post in www.ChartPatternsTrader.blogspot.it )

Wave degree: minor , (intermediate) , [Primary] , Cycle , [SuperCycle]

USA

DJIA
SPX

Preferred Scenario :

Short term Trend : Topping in wave 3 then bearish wave 4 of (5) 
Medium term Trend: bullish wave 5 then topping wave (5) of [3]
Long term Trend: bullish to Cycle Top wave I



GERMAN 
DAX

Preferred scenario:
Short term Trend: bearish wave  4 of (1) 
Medium term Trend: bullish topping wave 5 then bearish wave (2) 
Long term trend: bullish , wave [3] of I



CHINA
Hang Seng

Preferred scenario:

Short term Trend: bearish wave 4 of (3)
Medium term Trend: bullish in topping 
wave 5 of (3) then bearish  in wave (4) 
Long term trend: bullish [1] di V



Shanghai Composite
 (Preferred bullish, 1° Alternate bearish)



INDIA
Sensex

Preferred scenario:
Short term trend: unclear 
Medium term Trend: bullish 3 of (5) of [3]
Long term Trend: bullish [3] of III




 BRAZIL
Bovespa

Preferred scenario:
Short term Trend: bearish wave c of (2) 
Medium term Trend: bullish wave  (3) of [3]
Long term Trend: bullish [3] of V



KOREA
Kospi

Preferred scenario:
Short term trend: bearish wave [iv] of 1 
Medium term Trend: bullish wave 1 of (3) of [3]
Long term Trend: bullish [3] of V




JAPAN
Nikkey

Preferred scenario:
Short term Trend: bullish wave 3 of (5) 
Medium term Trend: bearish wave 4 of (2) 
Long term Trend: Topping wave [C] of B/X 


1° Alternate Scenario:
Short term Trend: bullish Alt:(5) Me
Medium term Trend: bullish  onda Alt:[5]
Long term Trend: Topping Alt:[5] of Alt:I then bearish Alt:II





Happy New Year
for trading and for Life!

ElwaveSurfer

Wednesday, January 6, 2016

SPX - In trouble

After the sell-off on Monday, it increases the likelihood of a bearish breakdown of flat pattern;  
in such case, the alternative scenario (red dotted line) would prevail.


ElwaveSurfer

Sunday, January 3, 2016

Elliott Wave Analysis of financial markets

STOCK MARKET INDEXES

DJIA
Preferred Scenario:

SHORT TERM Trend : Bullish (DJIA 18.400) 
INTERMEDIATE Trend : Bearish (DJIA 15.300)
LONG TERM Trend : Bullish




SPX
Preferred scenario

SHORT TERM Trend : Bullish (2.150 - 2.200) 
INTERMEDIATE Trend : Bearish (1.800)
LONG TERM Trend : Bullish



NDX

 Preferred scenario

SHORT TERM Trend : Bullish (4.900 - 5.000) 
INTERMEDIATE Trend : Bearish (3.700- 3.800)
LONG TERM Trend : Bullish



DAX

Preferred Scenario:

SHORT TERM Trend : Bullish (12.400) 
INTERMEDIATE Trend : Bearish (8.500 - 8.000)
LONG TERM Trend : Bullish



TOKYO NIKKEY

Preferred Scenario:

SHORT TERM Trend : Topping 
INTERMEDIATE Trend : Bearish (14.000)
LONG TERM Trend : Bearish



Interesting US stock 
with good CANSLIM rating and technical pattern
(long trade setup)

 AVGO

 BABA


 FB


 OLED


 REGN



CURRENCIES

EUR/USD



USD / JPY




AUD / USD



 GBP / USD


 EUR / GBP



COMMODITIES

GOLD

Preferred Scenario:

SHOR TERM Trend : Sideways 
INTERMEDIATE Trend : Bearish / Bottoming (980 - 1000)
LONG TERM Trend : Bullish






CRUDE OIL

Preferred Scenario:

SHOR TERM Trend : Sideways 
INTERMEDIATE Trend : Bearish / Bottoming (29-30)
 LONG TERM Trend : Bullish



Happy new Year and best wishes for your trading ;-))


ElwaveSurfer