"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)


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

4 comments:

  1. you provided right information at right time without knowledge ding trading in stock market is very danger

    HNI calls

    ReplyDelete
  2. find below interesting view Elliott wave perspective on DJIA. This shows that the rally has been complex structure-http://www.wavesstrategy.com/FreeArticles/TradingLessons_education/elliott-wave-chart-of-the-day--djia_6_11579

    ReplyDelete
  3. This comment has been removed by the author.

    ReplyDelete
  4. There is no better way to profit than long term trading for anyone. It is best by all means and measurements, it’s even better and easier with right and supported broker. This is exactly where I feel privileged been with broker like OctaFX, as they are stand above the rest with having small spreads, fast execution, swap free account, rebate schemes and much more, so all this works highly in my favor and allows me to perform nicely. And, the customer support is also top notch with it been available 24/5.

    ReplyDelete