NASDAQ Futures H4 Update

Motive wave (i) in form of 5-3-5-3-5 Leading Diagonal looks like it is over.
Wave (ii) has bottomed on previous demand area.
Now we are in early stages of  impulsive wave (iii).

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/nasdaq-futures-h4-update_5468.html

NASDAQ Futures H4 Update

Let's continue with this Leading Diagonal Wave 1 count and see where it gets us.


Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/nasdaq-futures-h4-update_18.html

DAX Futures H1 Update

Ending Diagonal wave 5 target hit @ 7655.

Is this it?

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/dax-futures-h1-update.html

DAX Futures H1 & H4 Update

Still Ending Diagonal mode.
Correction is comming soon.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/dax-futures-h1-h4-update.html

NASDAQ Futures H4 Update

Two main counts on chart with no bearish count at the moment.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/nasdaq-futures-h4-update_13.html

S&P500 Futures H1 & H4 Update

Alternative count is likley only when green impulsive cycle is invalidated.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/s-futures-h1-h4-update.html

Crude Oil Futures H4 Update

So far outlook is as it is on picture - nothing is sure but the breakout will come - this way or another.
Time will tell.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/crude-oil-futures-h4-update.html

NASDAQ Futures H4 Update

Base channel on chart.
Impulsive count added.
2728 is 61% Fibo retracement of latest swing.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/nasdaq-futures-h4-update.html

NASDAQ Futures Daily Update

Not much going on, still in correctiove mode.


Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/nasdaq-futures-daily-update.html

DAX30 Futures H1 Update

Due to slight wave 1-4 overlapse, I have included alternative labeling anticipation Ending Diagonal Wave 5.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/dax30-futures-h1-update_8.html

S&P500 Futures Bulls and Bears Update

H1 is for Beras.
H4 is for Bears.
Daily is for Bulls.
Weekly is for Bears.

Interesting situation on Gann Fan chart: price action between two important lines.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/s-futures-bulls-and-bears-update.html

S&P500 Futures H1 Update

Still waiting for more impulsive action to the upside to finish wave Y because so far price action does not develop in impulsive way.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/s-futures-h1-update_7.html

DAX30 Futures H1 Update

Need one more wave up. Right now it looks like triangle wave 4.


Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/dax30-futures-h1-update.html

DAX30 Futures H1, H4 & Daily Update

Picking Up the tops is hard art to master and my H4 count has been invlaidated twice already so I 've decided to take a closer look at it - why I'm picking the top for wave Y (alr:(a)) in wrong place all the time?

After consideration it looks to me like this all upside movement could be very close to finish and according to my count all we need is the wave 5 to complete.

Fibo price expansions cluster @ 7650 where wave 5  would be 100% of wave 1-3 and wave 5 should be 100% wave 1-3 as well - strong price cluster.

Nevertheless, there is one more level on chart where wave 5 might be finished - 61%FiboExp @ 7567. If price move above this level then 7650 is in view.

Plase notice there are two GAP that have not been filled yet.

Take care,

Seb

 

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/dax30-futures-h1-h4-daily-update.html

DAX30 Futures H4 Update

First impulsive wave down since the top can be seen on H1 chart.
Not sure of the labeling yet, this is what I got  so far.
Nasty MACD Bearish Divergence on H4 chart. No divergence on daily yet.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/dax30-futures-h4-update.html

S&P500 Futures H1 Update

Double Zig-Zag still possible.


Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/s-futures-h1-update.html

S&P500 Futures H1,H4, D1 & Weekly Update + TPI

Rationale:

I had changed an outlook for this wave 2: right now it fit both counts for bulls and bears.
Fot Bulls it is Contracting Leading Diagonal Wave1 (5-3-5-3-5) that have not been finished yet. More upside to come.
For Bears it is a clear pattern for Double Zig-Zag Wave 2, that also need one more push to the upside.

Entry:
First level to consider buying is 1407 (former resistance turned support) but I preffer test of 50%Fibo of both the swings  and 1400 round number poximity - so buy the dips into orange rectangle.
SL: below 1395 (below 61% Ret)
TP1: min: 1420
TP2: 1430

take care,
Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/s-futures-h1h4-d1-weekly-update-tpi.html

NASDAQ Futures H4 & Daily Update + TPI

Rationale:
50 and 61% of Fibo Ret and very strong technical resistance level is begging for shorts.

Entry
Sell Limit @ 2693 up to 2705
SL: above 2710  min because there is a lot of stops above 2705.
TP: min. 2650

Take care,
Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/nasdaq-futures-h4-daily-update-tpi.html

DAX30 Futures H4 Upodate

Are we done yet?

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/dax30-futures-h4-upodate.html

NASDAQ Futures H4 Update

Rationale:
From the yestersday's low of  I see an impulse wave up that can be considered as a wave 1 from the bullish point of view. So right now I'm buyng the dips of this wave  because I expect wave c to the upside to develop.

Entry:
Buy Limit @ 2658.50 (Support)
 SL: 2654
TP: 2690

Take care,
Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/nasdaq-futures-h4-update_29.html