General overview for 24/08/2015: The long term cycle labeled as wave 5 olive might have been completed, but there is no 100% confirmation of the top to be in place yet. The first corrective cycle from 12430 top is overbalanced, so that is the first clue of a possible top. Dowiedz się więcej…
General overview for 22/04/2015: The corrective cycle in wave 4 purple has not been completed yet as there is one small sub-wave to the downside needed to finish the cycle. The first projected target level is at the level of 11500 with a possible minor decline into the level of Dowiedz się więcej…
General overview for 05/12/2014 11:10 CET There is still one more wave to the upside missing on the lower time frame counts (wave 5) of the overall impulsive cycle labeled as big wave 5. The market looks weak right now and the mushrooming top suggest a corrective cycle in wave 4 is Dowiedz się więcej…
General overview for 26/11/2014 12:50 CET On lower time frames traders can see, that the impulsive wave progression is unfolding to the upside and first targets has been projected at the levels of 10023 and 10175. Support/Resistance 10175- Wave v Target Level 10084 – WR2 10023 – Wave iii Target Dowiedz się więcej…
General overview for 24/11/2014 18:00 CET The Weekly chart of the Elliott Wave development indicates unfinished impulsive wave progression to the upside inside of wave (C) black. Internal sub-divisions of wave 3 green has been posted on H4 time frame chart, where traders can see two possible counts: main and Dowiedz się więcej…
General Overview for 28/04/2014: The impulsive wave progression on Daily time frame has not been finished yet and there is more upside to come up to the level of 2000 EASY. Nevertheless, currently the market is in corrective cycle in wave 4 and this correction has not been finished yet. For intraday Dowiedz się więcej…
General Overview for 23/04/2014: The price has hit the upper corrective trend boundary and now, if the count is right, the market should reverse and continue the downtrend with a target at the level of 13160 min. However, there is another way to label the current wave progression and make Dowiedz się więcej…