"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, 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

2 comments:

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  2. You have some amazing articles. What would be your advice if someone wants to start learning Elliot Wave Theory were should one start and what are the best resources for the same.

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