Daily Elliott Wave Analysis – 07-19-19 – Crude short term pattern is crucial.
Good evening everyone, No video tonight as I just can't manage it when I'm away from home! We are sailing back home to Ireland on Tuesday night next week. This will prevent me from doing a Tuesday night upload, but all will be back to normal on Wednesday, and I will be back to the [...]
Daily Elliott Wave Analysis – 07-18-19 – It begins………….
Good evening dear souls! Every month I point to John Hussmans latest piece, this time I urge you to spare a few moments and take it in. We are walking over a cliff edge into an abyss now, and John gets it! EURUSD 1 hr 4 Hours Daily EURUSD is rising off the wave 'b' [...]
Daily Elliott Wave Analysis – 07-17-19 – Signals begin to form.
Hi there all. EURUSD 1 hr 4 Hours Daily EURUSD seems to have found support above the recent low at wave (i).Wave 'b' has a clear 3,3,5 internal structure which completed at a higher low.And this confirms the idea that wave 'b' of (ii) traced out a flat correction.The price is off the lows this [...]
Daily Elliott Wave Analysis – 07-16-19 – Crude possibilities.
Hi everyone. I have been on the road all day today, so I am way behind on email as a result! If you have emailed me, I will get back to you tomorrow without a doubt! Ok here we go. EURUSD 1 hr 4 Hours Daily EURUSD fell further today to break out of the [...]
Daily Elliott Wave Analysis – 07-15-19 – The bearish setup comes into focus.
Hello all, welcome back to a new week. I wanted to show a chart I have been watching for a while now. Its a long term chart showing the various Libor maturities together. This chart has just registered a major long term sell signal as the 12m libor rate has inverted below the other [...]
Daily Elliott Wave Analysis – 07-12-19 – Setting up for disaster.
Hello everyone. EURUSD 1 hr 4 Hours Daily EURUSD corrected in three waves today off the wave 'a' high. So far the wave (ii) correction is going as planned. It looks like wave 'b' is now done, and wave 'c' higher should follow on Monday to take us back up to 1.1320 or so to [...]
Daily Elliott Wave Analysis – 07-11-19 – COT sends us a warning!
Hello everyone. EURUSD 1 hr 4 Hours Daily It seems like the wave (ii) correction is on track now for EURUSD. Wave 'a' of (ii) topped out at the previous fourth wave. And wave 'b' of (ii) is now underway, this should complete above 1.1193 after a small three wave decline. Wave 'c' should then [...]
Daily Elliott Wave Analysis – 07-10-19 – All time highs are bearish – not bullish!
Hi there all. I hope the day treated you well. EURUSD 1 hr 4 Hours Daily EURUSD did not break support as I had hoped today, but this does not rule out the current bearish count by any means. I expect this rally will be a corrective one, and it should fail below 1.1412. The [...]
Daily Elliott Wave Analysis – 07-09-19 – Metals again near a low.
Hi there everyone, I have been on the road all day today so I will keep tonights update to the point! we are still in france for the next week or so. And we are doing a bit of travelling around with the kids, I hope you can forgive me if the updates are a [...]
Daily Elliott Wave Analysis – 07-08-19 – bonds top out?
I'm back! Down to business. EURUSD 1 hr 4 Hours Daily With the large decline last week in EURUSD taking a five wave form. I have to consider that the top may be in again for wave '2' blue. If that is correct, Then wave '3' down is about to begin a long drawn out [...]