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Tuesday, March 19, 2019

Elliott Wave Update ~ 19 March 2019

Our primary count is below. If it is correct, we have likely seen the top of wave [b] of Minor blue 2
Squiggles supports this. Things have gotten very choppy which indicates exhaustion in the near term.

Monday, March 18, 2019

Wednesday, March 13, 2019

Elliott Wave Update ~ 13 March 2019

Things are not easy to count at the moment. Best count is that Minor 2 is forming some kind of flat/expanded flat or something that will evolve in a more
complex manner soon to come.

Wednesday, March 6, 2019

Elliott Wave Update ~ 6 March 2019

Primary count is that Minor wave 1 has topped and pullback for Minor 2 has begun.
Overall count:
And in log scale, you can better see the long term wave relationships and channels. The above weekly chart appears to have grossly weird wave structures but log scale smooths things out.
Another log scale chart. Note how the peaks of wave labels (1) and (3) and then (2) and (4) form a nice elliott wave channel.

Monday, March 4, 2019

Elliott Wave Update ~ 4 March 2019

We will call today's high the top of Minor 1 of (5). Looking for a significant pullback for Minor 2 to develop.

Monday, February 25, 2019

Elliott Wave Update ~ 25 February 2019

Sorry for not posting lately but was on vacation. I'm back now.

However the wave structure has not rvealed itself overall yet.

On the weekly scale, we haven't yet had any kind of pullback we can call blue Minor 2  up
And the short term is just as muddled. Imminent sharp pullback for Minor 2 of (5) or do we just go straight to (5)?   In either case, we are calling for a new top its just a matter of the wave count in how we get there.

Wednesday, February 13, 2019

Elliott Wave Update ~ 13 February 2019

Forecast is still that a sharp bearish retrace to Blue Minor 2 down is just around the corner, perhaps tomorrow will begin that process.
Again, the overall primary long-term count: