Hi Luis , thanks for the updates. a question: Do you still count the rise in EJ from August 2012 to February 2013 as a W-X-Y ? To me, it seems possible to count the entire move up as an impulse 123 now in wave C of wave 4. I cannot get 5min TF ...

Elliott wave outlook

Luis, thanks for the updates!

Elliott wave outlook

Thanks Luis, this EJ chart is very helpful.

Elliott wave outlook

Thanks Luis, suddenly all the pieces fit together. See you later, it's 3:45am for me. I'm going to sleep.

Elliott wave outlook

Luis, in this stage of my life, am i in a flat or a triangle?

Elliott wave outlook

EJ count update There are a lot Fib relationships that work well in this chart. The only waves that are not fibbing properly are a and b of the most recent wave (a) down. The devastation of today's downmove - breaking several TLs and monthly pivot ...

Elliott wave outlook

Yes, I check your blog regularly via Google Reader, so we are up-to-date with our analysis. I think that previous 15,120 pullback is strange. It seems to be a flat and retraces ~50% but subsequent wave action has a diagonal looking structure. ...

Elliott wave outlook

GU - that seemed to be a diagonal ending for wave 3 up to 1.5180. Now 4 and then 5 up to 1.5220 - the extreme of the previous 4th wave.

Elliott wave outlook

Hi CG, Long time no see. I've been heavy the GBP pairs, but true to its nature, has consistently moved against me. ayaa.. Seems we totally misread GU - wave 4 up is really strong and I see no let-up... GJ - I'm short but cautious - lot of momentum ...

Elliott wave outlook

EJ Red alternate count better labeled (Y)-(X)-(Z) image

Elliott wave outlook

Gracias por la invitación a su seminario. Siento no haber podido quedarse. Me gusta el sonido de tu españoles - Viva América del Sur!

Elliott wave outlook

Asuming a leading diagonal down from 1 Feb, I agree. One target for c (of 2) would be ~1.30 and the other ~1.3025 at the declining TL running along the top of the diagonal. Asuming a corrective wave down from 1 Feb, then we may be on our way up to ...

Elliott wave outlook

Sorry no chart - EU - below 1.29 is the 1.2880 support level from last year as well as monthly S2 - below that 1.2750 monthly S3 - below that 1.2650 support from 2010, 2011 and 2012 let's hope the bottom doesn'tt fall out

Elliott wave outlook

Messed up the chart get-screenshot-paste-in-editor-upload-to-3rd-party-then-link-to-here process, so sorry no chart I view EJ as being in that non-committal place where it can literally go either way. The last sure label is at the Feb 6 top and ...

Elliott wave outlook

Nice one, thank you, Luis. I agree with the foreshortened e wave because of strong resistance and pivots arround 1.29. Then up in a volatile B-wave - ay-yaaa...

Elliott wave outlook

Good point - made one of those as an ending diagonal (wave 5) of the same wave 1 too! Correction is fairly complex and ongoing...

Elliott wave outlook

Not sure but RSI reverse divergence implies at least one more low for EU - but not sure where to after that...

Elliott wave outlook

GU has made what looks like either a irregular (running) flat or a 1-2 (1)-(2). The latter is very bearish and so is the former, so GU is very bearish right now image

Elliott wave outlook

Saw this on your blog - thanks for the heads-up. EG is heading down as I write, but running out of RSI. Hope B wave top is in

Elliott wave outlook

Looking at the long term GJ PA (inset on the chart below) it topped in 2007 and has since been correcting. Whether that correction is complete is unclear, but let's assume it's not and that it's currently in upward correction like almost all ...

Elliott wave outlook