Browsing Tag

Eliott Wave

SPX500: ZigZag Completion Coming Up!

The current SPX500 structure indicates that the market has completed an impulse wave a of a cycle degree, which was followed by new bullish zigzag in wave b. Wave b consists of primary sub-waves Ⓐ, Ⓑ, Ⓒ. Primary wave Ⓐ and Ⓑ look fully…

The return of the Dollar Bulls

The greenback is showing signs of a possible Bullish Swing. The Dollar Index (DXY) dropped significantly following the FED Rate Hike and FOMC press Conference. Due to that, metals and most majors thrived and enjoyed the fresh air brought…