EWFcw

EWFcw

DAX (DE30 - Xetra) is in ABC zigzag move up and 5th of C wave is about to end (if not extended). In weekly time frame, it is in up trend and impulse wave sequence from 1988 cycle. It we talking last cycle, then it’s in wave 5 up, which may impulse or ending diagonal. So its better to count ABC along with impulse until get any confirmation in 2 hour time frame. In...

EWFcw

Dow Jones Industrial Average (DJI - NYSE) is in ABC zigzag move from last low dated 24 March. It is moving up in 5th wave of C wave in ABC pattern (or 3rd wave as impulse). In weekly time frame it is in 5th wave up as impulse cycle, which means in 2 hour time frame, it must be impulse or diagonal structure in up direction.

EWFcw

SPX (US500 - NYSE) is in ABC zigzag move up from last major bottom dated 23 March. It is moving up in 3rd wave up of C cycle and under extension. In weekly time frame it is in 5th wave up as impulse cycle. So in smaller time frame, say 2 hour chart it should in impulse subdivision. In 2 Hr chart it may be in ABC (as ending diagonal) or as impulse cycle (shown by...

EWFcw

USD/CAD (USDCAD) has completed 3rd wave of C wave down as ABC sequence of Y wave. Now it is correcting in 4th wave up. From triangle X wave, Y wave down is moving in simplex ABC zigzag, where C ware is extended. 4th wave may be zigzag as wave 2nd was flat.

EWFcw

AUD/USD (AUDUSD) has completed 3rd wave impulse as shown in 60 min chart. It is the part of C wave as ABC zigzag pattern from major bottom. Now wave 4 down correction is in progress, which will sharp as wave 2 was irregular flat wave. Once it over the wave 5th will again resume the trend up for final wave C up.

EWFcw

EUR/USD (EURUSD) has completed 5th wave of A wave of ABC cycle of Y wave as shown in chart. Now wave B correction down is in progress, which aligned with DXY. After that one more wave C up will proceed further to complete the cycle.

EWFcw

US Dollar Index (DXY) has completed 3rd wave of C wave in ABC sequence of Y wave in WXY wave and now correcting up in 4th wave of C. As mentioned previously that price moving down in WXY complex correction, where W & X already over and Y wave is divided in ABC flat wave, where A & B were three wave movement and C impulse is running down.

EWFcw

GBP/USD (GBPUSD) has completed 3rd of C wave. Now it is in 4th wave correction. Alternately one more high is possible to complete the 3rd wave as the slope is very steep. Will see how chart moves.

EWFcw

MyoKardia Inc (MYOK - Nasdaq) is in impulse wave up in weekly time frame and moving up in 5th wave. In 60 min time frame, it is in 5th wave up after 4th wave over as zigzag abc correction, where c wave was ending diagonal. The 3rd internal of 5th wave up started moving up. The invalidation level must hold to confirm the move.

EWFcw

Semiconductor Manufacturing International Corp (981 - HK) is in ABC zigzag down wave and now moving down in C wave, after impulse A wave as leading diagonal and B wave as sharp correction as consequence of diagonal structure. It completed impulse sequence at top in 60 min time frame. In weekly time frame it has completed 3rd (or C wave) at top and out-performing...

EWFcw

AAC Technologies Holdings Inc (2018 - HK) is in 2nd wave correction of C wave (or 3rd wave) down. The 5th internal wave of C wave will rise then it will start moving down. In weekly time frame it dropped in five wave impulse A wave and corrected in B wave. Now dropping in C wave, in which 3rd wave down is in progress, which should be very sharp down and big fall....

EWFcw

Hengan Intl Group Ltd (1044 - HK) is in ABC zigzag down movement, which is actually the part of (B) down sequence after (A) wave leading diagonal. It is now in 3rd wave down of C wave of (B), which is invalidate if it crosses the invalidation level. In weekly time frame it is choppy.

EWFcw

Tencent Holdings Ltd (700 - HK) is in ABC zigzag wave pattern and moving up in C wave up. It is in 1st wave of C, which is about to end soon and 2nd will correct it down. Watch the invalidation level closely. In weekly time frame it is a very strong stock of HSI and in the 3rd wave of 5th wave impulse, which is further subdividing as extended wave.

EWFcw

USD/CAD (USDCAD) has completed 3rd wave of C wave down as ABC sequence of Y wave. Now it is correcting in 4th wave up. From triangle X wave, Y wave down is moving in simplex ABC zigzag, where C ware is extended.

EWFcw

EUR/USD (EURUSD) in 5th wave correction of A wave of ABC cycle of Y wave as shown in chart. Now wave B correction down in progress, which aligned with DXY. From major low made on 23rd April, price is moving up in (W)(X)(Y) wave up, where (W) and (X) were over and (Y) moving up in further WXY. Currently Y wave subdivided in ABC, where B is finally in progress,...

EWFcw

US Dollar Index (DXY) has completed 3rd wave of C wave in ABC sequence of Y wave in WXY wave from top made on 20 April. As shown in chart from the top price moving down in WXY complex correction, where W & X already over and Y wave is divided in ABC flat wave, where A & B were three wave movement and C impulse is running down. It has completed 3rd wave and now...

EWFcw

AUD/USD (AUDUSD) is about complete 5th of 3rd wave impulse as shown in 60 min chart. It is the part of C wave as ABC zigzag pattern from major bottom. The divergence is showing the move now need to correct before further resumption.

EWFcw

GBP/USD (GBPUSD) is in internal 4th wave correction of extended 5th of 3rd of C wave. Reading this is quite confusing but follow the chart to understand, what I am going to say is in final wave of 3rd wave up.