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,...
In my on the , utilizing the Elliott Wave Precept (EWP), I discovered:
“SPX 3886.75 stays the dividing line within the sand. If the S&P 500 manages to rally above that stage with...
