We always refer a lot to the blue boxes which are often shown on our charts and define them as High-Frequency areas which are based in a relationship of sequences, cycles and calculated using extensions. Traders are always looking for answers and news to decide what to do next, whether to buy or sell, whereas […]

Gilead Sciences ($GILD) showing signs that it may be in the beginning stages of new bullish cycle.  The Long term chart shows a completed bullish sequence in 5 waves for Blue (I) which topped on June 22/2015 at 123.37.  From there a corrective sequence took place for Blue (II) which bottomed on Dec 26/2018 at […]

Short term Elliott Wave view in Gold (XAU) suggests the rally from August 2018 low in wave III has ended at 1689.30 high. Gold then corrected that cycle in wave IV as a zig-zag. Wave ((A)) of IV ended at 1624.80 low. The bounce in wave ((B)) unfolded as a flat correction and ended at […]

The 2009 cycle is ending across the World Indices. Many Indices show five waves already since the lows, but some have been weak since the previous peak sometimes around 2018. Indices like $FTSE, among others, are reaching the Blue Box area since 2018. The following chart shows the extreme area in $FTSE: FTSE Reaching Extreme […]