Over the previous two months, we have now been monitoring a corrective Elliott Wave Precept (EWP) transfer (a-b-c) decrease from the July 4 excessive earlier than seeing the following rally to ideally round...
Two weeks in the past, we used the Elliott Wave Precept (EWP) to find out the place the (NDX) might doubtlessly backside.
We anticipated:
“The market is…in a counter-trend rally: inexperienced W-b/2. Corrections…are sometimes…difficult...
In our replace from final week for the (SPX), see , we "anticipate a crimson W-ii quickly, ideally all the way down to $3875+/-25, earlier than the crimson W-iii to ideally $4275+/-50...
Final week (see ), we discovered for the (NDX) utilizing the Elliott Wave Precept (EWP):
"We're most probably coping with an irregular expanded flat, a 3-3-5 sample, the decline from the December 1 excessive...
Final week (see ), we discovered for the (NDX) utilizing the Elliott Wave Precept (EWP):
"The first expectation is that the index topped …. It ought to now be engaged on the ultimate...
Utilizing the Elliott Wave Precept, I discovered the :
“The index ought to now be in a multi-day corrective sample into late November, ideally concentrating on the black W-b field at $3,735-3,875.”
Since then,...
