EWFcw

EWFcw

GBP/USD (GBPUSD) is within 4th wave correction of C as ABC flat correction as expected becase of 2nd wave was sharp double zigzag correction, which might go down to previous 4th subwave territory.

EWFcw

Bitcoin (BTCUSD - Bitfinex) has completed its ABC zigzag pattern for Y wave in (X), which is the end of (X) wave and now it already started (Y) wave down with sharp fall, which is the wave 1 of wave A of ABC pattern of (Y) wave down. Overall Bitcoin has completed impulse cycle up side from last major bottom and now correcting it in B wave downside in 2 hr time frame.

EWFcw

Ethereum (ETHUSD - Bitfinex) is in flat correction of ABC, where B wave is complex correction and over with WXY pattern. Now wave C started moving down with sharp drop as wave 1 and correcting in wave 2. Thereafter 3rd wave drop will start. It must follow the invalidation point to hold the count, which is inline with Bitcoin.

EWFcw

CAC40 (FCHI - Paris) has completed 3rd subwave of C (or may be impulse). 4th subwave down is now moving down, which may be sharp. Let’s see how charts unfold.

EWFcw

DAX (DE30 - Xetra) has completed 3rd subwave of 3rd wave up as similar to its futures. Now 4th subwave will start moving down.

EWFcw

Dow Jones Industrial Average (DJI - NYSE) is in 4th subwave correction after completing 3rd subwave up of 3rd wave of C (or 3rd wave impulse), which will be complex, flat or triangle. The possibility of irregular correction is too high as its within extension. One more possibility is there of further extension. So, don't consider this analysis as an opportunity to...

EWFcw

SPX (US500 - NYSE) is in 5th internal of 3rd subwave of 3rd of C (or 3rd wave impulse), which is over and now 4th subwave, which will be complex flat or triangle correction. Keep watch of invalidation level, which is always important to comply with waves. During 4th wave correction, it may possible it to make a new high as irregular correction.

EWFcw

Ethereum (ETHUSD - Bitfinex) is in B wave down of X cycle in WXY complex corrective pattern moving in up direction. WXY is the part of (X) wave in (W)(X)(Y) complex pattern moving down. After B wave over again price moving up for C up to completed Y wave of (X). thereafter (Y) down will start.

EWFcw

Bitcoin (BTCUSD - Bitfinex) is in A wave up in ABC zigzag correction as Y wave up shown in chart as corrective WXY wave. The (X) is made up of WXY and will end corrective up cycle with this C wave up and thereafter start (Y) wave down. Overall Bitcoin has completed impulse cycle up side from last major bottom and now correcting it in B wave downside in 2 hr time frame.

EWFcw

Shiseido Co Ltd (4911 - Tokyo) is in 3rd wave up and its 4th internal wave as ABC correction is under progress, which may take a day or two to complete. Thereafter 5th wave will proceed. This is all time high and huge out-performer to Nikkei.

EWFcw

Shiseido Co Ltd (4911 - Tokyo) is in C (or 3rd wave up) in 60 min time frame. A wave was leading diagonal followed by B zigzag wave. The up move belongs to C wave, which is subdividing in equal sized move with overlapping structure, possibly like extended move, but must be hold the invalidation level as confirmation. In weekly time frame, its a 5th wave up of C cycle.

EWFcw

Hitachi Ltd (6501 - Tokyo) is in 5th internal of 3rd minor of C wave up, which is about to end (if not extended further). Thereafter 4th wave correction will start, which will give opportunity for small trading. Alternatively it can be major 3rd of C wave, but next correction size will reveal the count. As per previous update, it is in uptrend either corrective or impulse.

EWFcw

JP225 (Nikkei - Tokyo) is in impulse wave C up in ABC zigzag pattern from major low. It is moving up in 5th internal of 3 minor wave of 3rd , which is about to finish (if further not extend). If price fall below internal wave 4 low, means that wave is over and call for next correction of minor degree. In weekly time frame, the current price action has two...

EWFcw Updated 

PPG industries (PPG - NYSE) looks like forming ABC simple zigzag. It seems like wave C down is already started. Sell with stops above 98.80 level for target below 70.

EWFcw Updated 

Torey industries, Tokyo - 1 Hr sell trade will be about to trigger, as the stocks is in downtrend and underpeformer than tokyo index JP225. Check the count as i am thinking of going to short within 1-3 days after confirmation in smaller time frame. Will see what happened next.

EWFcw

Dow Jones Industrial Average (DJI - NYSE) is in 5th internal of 5th wave up of C up in ABC zigzag move, which is the last up move to complete the C wave, but if its size increases than 3rd wave, then it must be the part of extension of bigger 3rd wave of C. In weekly time frame it is in 5th wave up as impulse cycle, which means in 2 hour time frame, it must be...

EWFcw

SPX (US500 - NYSE) is in 5th internal of 3rd wave of C up in ABC zigzag move up, which completes the 3rd wave of C. It is moving up in small waves, where the level of invalidation is closely watched. It is moving up with indicator divergence, which shows its strength. In weekly time frame it is in 5th wave up as impulse cycle.

EWFcw

DAX (DE30 - Xetra) is in 3rd wave extension and moving up in 5th internal wave of 3rd wave up of C in ABC zigzag move up, which will end 3rd wave of C (or 3rd major).In weekly time frame, it is in up trend and impulse wave sequence as wave 5 up, which may impulse or ending diagonal.