Get started

Elliottwaveanalyis

US500- Get Ready-Thrust Upside Can Lead to Wave 3 DownsideFor Educational Purpose Last Price- 3480 / 20:29 Hrs IST (Indian Standard Time) / 19th Oct2020 Wave (iv)- Penultimate wave -unfolding as a triangle then next wave should be the final thrust upside - only criteria is top @3588 should not be crossed for current wave count to be a valid count Expecting One push upside close to 3550/3570 to finish wave-(v) ( Crossing above 3506 highs) Once wave-(v) done & holds below 3588 highs then we expect larger degree Wave-3 to unfold below 3588 tops Wave 3 should travel 161% of Wave 1 distance downside giving us minimum target 3100 / 2950 later
OANDA:SPX500USD
by WaveTalks
5
US500- Will it drop & help India Nifty for Wave-Y? DownSP500 / US500 has been all messy & choppy -if upside rally stops in 3450-3475 then we expect down move with initial halt close to 3300 level & dropping further can take it to 2935-2950 ------------------------------------------------------------------------------------------------------------------------- NASDAQ 100 - Head & Shoulder at the top-12440 High (Bearish Outlook) ---------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------- MCX Gold - Triangle Evolved into Ending Diagonal (Possible Scenario) ---------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------- India Nifty Market Commentary ----------------------------------------- India Nifty was struggling to move above 11900 post-gap-up move & whole of the session was all up before dropping sharply in last hour might be showing its intension that domestic & global markets all may get ready for a move towards south. India Nifty has moved up recently as X-Wave (10790 to 11905) -looks like an irregular correction & could be heading down in Wave-Y if holds below 11870/11880 zone India Nifty -Last Idea Published
OANDA:SPX500USDShort
by WaveTalks
7
EURUSD - Preparation of terminal thrustCurrent scenario seems to be a corrective move , that too in a triangular wave structure before the currency prepare gives a terminal thrust to complete its 1-2-3-4-5 impulsive wave. As of now the price will move up & likely to face resistance near the zone of 1.18500 which will complete the wave - d of the triangular wave. After facing the resistance , the currency pair is likely to take a support near the level of 1.1800 which will form the wave - e . After the completion of wave - e there will be another impulsive terminal thrust to complete wave (v) of 5 .
Long
by TradingSutra
9
#DXY to #SP500 #SPYTVC:DXY We are back to Chinese trade tensions with Chinese companies possibly to be delisted from the NASDAQ and Hong-Kong protests back on. If we want to see a pullback on US indices, I am convinced this will depend on the USD. The demand and surge of it will mean pain for equities. With that said, I can see 5 waves to the upside in micro degree to complete a corrective structure before lower lows. Complicated to see this five wave rally breaking March highs given the count and also the undoubtable final stimulus package.
TVC:DXYLong
by everibarra91