DAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure. On the chart below, we can see wave 3 of (1) ended at 12471.83, wave 4 of (1) ended at 12141.82, and wave 5 of […]

The last ditch Brexit talks between British and Irish leaders last week yield unlikely breakthrough. Both leaders issued an upbeat statement after the meeting, saying they see a pathway to a possible deal. The issue of Irish border and the proposed backstop has become the bottleneck in Brexit negotiations. Irish leader Leo Varadkar reportedly said […]

In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDNOK published in the membership area of the sifaha.com  . USDNOK  broke September 3rd peak , which made the pair bullish against the 8.870 low. Besides that USDNOK made 5 waves up in the short term cycle from […]

In today’s blog, we will have a look at the Vipshop stock. The stock is traded as VIPS at the NYSE. Vipshop is a Chinese e-commerce company (www.VIP.vcom)  which offers online discount sales which have it’s headquarter in Guangdong, China. It was founded in 2008 which means it is a pretty young online company. Vipshop is one of […]