Elliot Waves Indices Analysis by BEHZADI

[Behzadi]

As a swing/position trader I will share my analysis for Indices in this topic...

 

[Behzadi]

Euro Stoxx50 (EU)

 

[Behzadi]

DAX (Germany) & CAC (France)

 

[Behzadi]

FTSE (UK)

 

[Behzadi]

SP (US) & NASDAQ (US)

 

[Behzadi]

Good morning guys,

Two important update are in front of us:

1- Wave behavior on resistance trend line... the next few days are very important...
2- The classic target for W.1 or A is the combination of ex-ret 127 of W.5 and ret 62 of whole bearish cycle...

Lets see what happens!

 

[Behzadi]

Same scenario for probable cluster target of W1 or A for DAX and CAC...

 

[Behzadi]

Weekly and Daily... Only Buy positions are allowed!

 

[Behzadi]

I expect some bearish counter-trend for next few days. My strategy is still buy after ending the probable bearish counter-trend...

The previous position with entry point 2758 is now risk free...

 

[Behzadi]

Same Scenario for DAX...

 

[Behzadi]

CAC... They are all the same...

 

[Behzadi]

Probably we can see a small correction from this area... in my opinion it is just a correction and in mid term we will see more bullish movement... so I will stay to buy at the end of it probably in next 10 days... So I'm out of market if the price break 2882 in EURO50 and I take that 4 percent profit...

 

[Behzadi]