NIFTY Elliott Wave technical analysis Technical analysis overview Function: Counter Trend (Minor Degree, Grey). Mode: Corrective. Structure: Zigzag. Position: Minute Wave ((c)). Details: The alternate count is now preferred, with a potential ((a)) –…
Today’s Elliott Wave analysis covers the Australian Stock Exchange (ASX) stock NEWMONT CORPORATION (NEM). A corrective wave is currently forming and entering its final phase, potentially opening…
MSTR Elliott Wave technical analysis Function: Counter Trend. Mode: Corrective. Structure: Flat. Position: Wave {c} of 4. Direction: Downside in Wave {c}. Details: Expecting a continuation lower in Wave {c}, with an…
MQG Elliott Wave technical analysis Today’s Elliott Wave analysis provides an update on MACQUARIE GROUP LIMITED (MQG) on the Australian Stock Exchange (ASX). Our analysis shows that ASX:MQG stock is…
Hang Seng Index Elliott Wave Analysis – Trading Lounge Day Chart. Hang Seng Index Elliott Wave technical analysis Function: Counter Trend. Mode: Corrective. Structure: Orange Wave 2. Position: Navy…
PepsiCo Inc. (PEP) – daily chart Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave 1 of (1). Direction: Upside in wave 3. Details: We anticipate a bottom in Minor wave 2…
Britannia Industries – Britannia (1D chart) Elliott Wave/Technical Analysis: Function: Corrective Trend (Minor Degree Grey). Mode: Corrective. Structure: Impulse within a larger degree correction. Position: Minor Wave 5 Grey. Details:The stock…
NASDAQ Elliott Wave analysis – Day chart. NASDAQ Elliott Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Orange Wave 5. Position: Navy Blue Wave 1. Direction Next Higher…
NIFTY 50 Index – Elliott Wave technical analysis Function: Counter Trend (Minor Degree, Grey). Mode: Corrective. Structure: Zigzag. Position: Minute Wave ((c)). Invalidation point: 26,400. Details: The alternate wave count is currently…
IBEX 35 (Spain) – Elliott Wave Analysis – Trading Lounge Day Chart. IBEX 35 (Spain) Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Gray Wave 3. Position: Orange Wave…