• 8 hours Facebook Scrubs Over 2 Billion Fake Accounts
  • 14 hours Dow Scrambles To Avoid Fifth Straight Weekly Loss
  • 1 day Is This The World’s First Truly Democratic Stock Exchange?
  • 1 day India’s Wealthiest Set To Hold $23 Trillion By 2028
  • 2 days First Quarter Profits Slip For World's Top Oil Companies
  • 2 days The Yuan May Be China's Biggest Weakness
  • 2 days Hedge Funds Having A Banner Year
  • 2 days Disney Heiress Asks “Is There Such A Thing As Too Much?”
  • 3 days BHP Turns Bullish On EVs
  • 3 days Investors Turn Bullish On America’s Nuclear Decommissioning Business
  • 3 days The $90M Inflatable Rabbit Redefining Modern Art
  • 3 days Huawei’s Fate In The Air
  • 4 days Tesla Slashes Prices Again
  • 4 days The Modern History Of Financial Entropy
  • 4 days Italy’s Central Bank Embraces Sustainable Investing
  • 4 days Trump Lifts Metals Tariffs To Cool Simmering Trade War
  • 5 days Researchers Push To Limit Space Mining
  • 5 days Could China Start Dumping U.S. Treasury Bonds?
  • 5 days Is Winter Coming For HBO?
  • 6 days Rise Of EVs Signals Peak Gasoline
How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

  1. Home
  2. Markets
  3. Other

NASDAQ and DAX Could Turn Up This Week

DAX has sold-off sharply from around 11770 today so looks like that new swing low is coming as current decline seems very sharp. We think it represents wave C) of a second zigzag in wave (4) that can retest the lower side of a corrective channels. Ideally price will bounce from that area.

DAX 4h Elliott Wave Analysis

DAX 4-Hour Elliott Wave Analysis Chart

Nasdaq100 is down today, but with three waves from the latest high against previous five wave rally from the low. As such, we see market in temporary weakness that is seeking for a support around now at 4430-4450 area. Apr 30 low is invalidation level.

NASDAQ100 (June 2015) 1h Elliott Wave Analysis

NASDAQ100 (June 2015) 1-Hour Elliott Wave Analysis Chart

 


Interested in our analysis? Get First 2 Month @ Price of 1. http://www.ew-forecast.com/service

 

Back to homepage

Leave a comment

Leave a comment