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FTSE Elliott Wave Technical Analysis – 4th October, 2013

Movement below 6,386.72 invalidated last week’s FTSE analysis. This can only be a continuation of a second wave, which is likely to reach down to the 0.618 Fibonacci ratio of the first wave. Click on the charts below to enlarge. Within intermediate wave (4) it...

AAPL Elliott Wave Technical Analysis – 23rd September, 2013

Last analysis expected some more upwards movement towards a short term target at 488.33. Price did move higher, 8.58 above the target, to reach 496.91, before turning down again Please click on the charts below to enlarge. Primary wave X within the double zigzag of...

AAPL Elliott Wave Technical Analysis – 10th September, 2013

I have run out of time today to do a full explanation of my AAPL analysis. I will publish charts only. I am expecting downwards movement next week from AAPL. To have confidence that it is on its wave down, I first would want to see price breach the channel on the...

AAPL Elliott Wave Technical Analysis – 4th September, 2013

Last AAPL analysis expected downwards movement which is what we have seen. I have two wave counts for you this week. Click on the charts below to enlarge. Main Wave Count. Primary wave X within the double zigzag of cycle wave IV may have completed. At the low labeled...

FTSE Elliott Wave Technical Analysis – 29th August, 2013

Last week’s analysis expected upwards movement to a target at 6,476 to 6,486. Price moved higher to 30.71 points above the target before turning lower. The wave count remains the same. Click on the charts below to enlarge. This daily chart focusses on the...