Hello Friends, the Nikkei failed to mark a new High, as the TOPIX did on July 20! This little divergence is still in place and it looks like it was the entry in a corrective move on lesser degree in both Indexes (look my update to the TOPIX an July 18)! As long the Level of 20318.1 (Nikkei) and 2066.95n (TOPIX) the is still in place, the door is open to 19856...
Nothing realy changed! I have eleminated the idea of an EDT, because an important trendreversal did not occur. A new high was set on top! It looks like we`re in a correction of lesser degree and the TOPIX will set a new high befor corrective move will occur. Ok, lay back and wait... Have a great day rubennase
Hello all, here is my Idea about a possible TOPIX count on a daily basis! I´m not certain about the odds, but I think it is a possible wayy to labble this move. Wave 5 of 1 as an EDT or labbeld per the alt blue labbles as an exp Flat for Wave 4! So I´m not really sure about the odds and have to wait for clearer movwements. Any comment welcome. Have a great...
Are we at a forefront of a multi hundret point decline @both Indexes, the DOW and the NKY? If both will run simultaneously in a decline the DOW is moving in a wave c (circle) to lows around the ~20379 area. The NKY will than drop down also in a running or expanding flat with targets @ 198xx and the area about 19565 or the low at 19449. Pricing in the DOW @ 214xx...
Hello @all, I think the EURUSD isnt already done in it`s move to the upside. Think we`re in a Wave C of a Flat pattern, but it seams to me we have overlapping waves there, and second this wave is to short in my view for a "C-Wave"! (In Elliott termes it needs to be impulsiv in a Wave c...of course u know that fact:-)) But I can`t see this pattern right now?!...
Hello Traders, Hello Elliott Fans, I would be glad about your opinion to Gold and that EW Count! Do you think that this is practible? I´m not really sure about that count...! Because of that fact! If I measure all the Wave "i" (in clip, in circle and lesser degree) they`re all equal! I think that this is realy remarcably! I also think that a wave "3" (Minor...
If wave b (circle) is done @ 1.0492, we have to expect a 5-wave move to the upside with a target surronding the 1.0652 area for wave c (circle)! This move must be impulsiv for the idea of the flat pattern. After it`s done, a new decline to 1.03xx is to expect and a wave 3 (circle) market action! Have a great time
Flat in Progress and a test of the level 1.06557 or a bit more, after that a setback to new lows well below 1.03401?
Not already down to the downside. Expect a lower low and after that (well below 46.-$) a pullback to the area about 47.40$!