EWFcw

EWFcw

Light Crude Oil futures (CL1!) - Full count from bottom as posted previously.

EWFcw

Light Crude Oil futures (CL1!) is in 5th wave from bottom. It is in 5th of 5th wave up, after 4th wave running flat correction, which just over above internal 4th wave of 3rd wave and heading now for new high.

EWFcw

XJO - (ASX 200 Index) is in WXY pattern from bottom and X was in triangle, which was broken up side. Y is now in progress, which again progresses in ABC as shown in chart.

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Paycom Software Inc (PAYC - US) has completed B wave and fallen down in 1st wave. It is now in 2nd wave correction which will be end soon and start 3rd wave down of C.

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Fortescue Metals Group Ltd (FMG - Sydney) - WXY wave pattern Fortescue Metals Group Ltd (FMG - Sydney) is in 3rd wave of C of w internal wave as shown in chart. Here ABC wave is in irregular flat correction, so that wave C should be progressing faster down.

EWFcw

Reliance Industries Ltd (RELIANCE - Nifty) was in impulse up from last bottom as shown in chart, which was over and now its correcting in ABC down cycle.

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Dentsu Group ( 4324 - Tokyo) is in 5th of C wave down of Y wave in Weekly time frame from the top made in 2015. As shown in chart the 5th of 5th wave of C down is in progress after 4th wave completed in ABC correction. It is a huge under-performer to the market and easily made a new low if it retained the invalidation level (red line).

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Fleetcor Technologies Inc (FLT - US) is in ABC zigzag pattern. B wave was complex wxy correction. Wave C down already started and in 3rd wave now.

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Realty Income Corp (O - US) is in WXY complex correction wave pattern from major top as shown in chart. X wave was triangle, which broken with huge volume. Wave C of Y down now started, but wait till impulse 1st wave to complete as token of confirmation.

EWFcw

ETSY Inc (ETSY - US) is in impulse pattern from last swing low as shown in chart. It is all time high stock. A small new high of the impulse sequence as 5th wave of 5th wave major is due to complete the impulse. After it need to correct it up to at least wave 4 territory.

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Sarepta Therapeutics Inc (SRPT - US) is in ABC flat wave correction from major bottom shown in chart. It is about to complete the 5 waves of C wave up as impulse sequence, which calls for next downward correction.

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Ebay Inc (EBAY - US) is in ABC corrective pattern from major low as shown in chart. Wave A is already over and now price moving down in B corrective wave, which will at least come to previous 4th wave zone of A wave.

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Okta Inc (OKTA - US) has completed one clear five wave up impulse sequence from bottom. It is on all time high stock, so not a good sell idea. But of course right now it’s not a good buying idea too. Wait for next 3 wave correction to buy for further up.

EWFcw

Eicher Motors (EICHERMOT - Nifty) is in ABC zigzag correction in weekly time frame, which is in 5th wave of C down in current chart. 4th wave of C was triangle, but not broken down yet. If 5th wave down is started then it should not be going above that red invalidation line of triangle and making new low.

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Middleby Corp (MIDD - US) is in ABC pattern with C wave elongated. It completed wave 4 in complex correction. 5th wave is started moving down with relative high volume.

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Prudential PLC (PRU - LSE) is in ABC flat correction with small target. 3rd of C wave down is already started and may be slide down to equal length of A or little more.

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RWE AG (RWE - DAX) is in ABC correction. It dropped in impulse A wave down followed by B wave in WXY correction, which ended in internal c wave with ending diagonal in Y wave. It already started down C wave.

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Mitsubishi UFJ Financial Group is in Y wave down in Daily time frame, which is moving down in ABC down as shown in chart. Impulse A down and B correction was already over. Price is now moving down in C wave. Wave 2 is in progress.