In this technical blog we’re going to take a quick look at the Elliott Wave charts of SPX, published in members area of the website. SPX has incomplete bullish sequence in the cycle from June 3rd low (2730.28). The Elliott wave structure has been calling for further strength in index. Consequently, we advised members to […]

Importance of an Elliott Wave ZigZag Fibonacci Extension Firstly the point of measuring a Fibonacci extension is to get the area pinpointed that an Elliott Wave correction will move against the trend so an entry position into the market can be taken. The conventional thought is that the market will trend in impulses of 5, […]

How to Measure Fibonacci Extensions in Elliott Wave Flat Corrections In the first place the point of measuring a Fibonacci extension is to get the area pinpointed that an Elliott Wave correction will move against the trend. The conventional thought is that the market will trend in impulses of 5, 9, & 13 swings. The […]

XLF shows a bullish sequence from Dec 25, 2018 low favoring more upside.This article and video show the Elliott Wave path.