Major Futures EW Count

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7/31/2020

DAX30 futures (DAX1!)

S&P500 futures (ES1! )

Nifty50 futures (Nifty) 

7/29/2020

CAC40 futures (FCE1!)

DAX30 futures (DAX1!) 

SP500 futures ( ES1!)

HangSeng Futures (HK50_F)

IBEX35 futures (IBC)

Nifty50 futures (Nifty_F) 

UKX futures (Z1!)

7/28/2020

Bearish outlook  for next two possible days 

SP500 futures (ES1!) - 

Dow Jones 30 futures (YM1!)  - 

Russell 2000(RTY1!) - 

DAX futures (DAX1!) - 

FTSE100 futures (Z1!) - 

CAC40 futures (FCE1!) - 

Hang Seng Futures (HK50 HSI_F)

Nifty50 futures (Nifty_F)- 

ASX 200 futures (AP1! XJO_F)

7/24/2020

XJO FUT - BEARISH CYCLE 

DAX30 futures (FDAX) - impulse cyle 

DAX30 futures (FDAX) - 5th ending diagonal - bearish from now 

SP500 FUTURES (ES1!) - 5th ending diagonal structure 

SP500 FUTURES (ES1!) - IMPULSE OVER 5TH ENDING DIAGONAL 

FTSEMIB FUTURE - BEARISH ABC OR IMPULSE - WILL SEE AS PRICE PROGRESSES

FTSEMIB FUTURE - BEARISH CYCLE AFTER  COMBO OF DOUBLE ZIGZAG CORRECTION

NIFTY50 FUTURES SGX (NIFTY50_F) - IMPULSE OVER - BEARISH NOW 

NIKKEI 225 FUT (NKD1!) - BEARISH WXY COMPLEX CORRECTION 

NASDAQ 100 (NQ1!) - IMPULSE SEQUENCE

NASDAQ 100 (NQ1!) - 5TH OVER OF IMPULSE OR EITHER 4TH IN PROGRESS (VERY LESS PROBABILITY)

RUSSELL 2000 (RTY1!)  - WXY CHOPPY CORRECTION CYCLE 

Dow Jones 30 futures (YM1!) - TRUNCATED 5TH WAVE OF IMPULSE - BEARISH NOW 

Z1! (FTSE 100 FUTURES) - BEARISH WXY CORRECTION CYCLE

KOSPI 200 futures (FMK2) - Perfect impulse - But what’s next ?

KOSPI 200 futures (FMK2) is in perfect impulse cycle in 4 hr time frame made from the bottom made in Corona Pandemic. The fifth wave is in ending diagonal structure, which would probably result in sharp decline in price. So stay bearish in pull back (if you get a chance) with stops above high 296.30 for the target zone of 280 - 270.

7/23/2020

DAX futures (DAX1!) - Bulls are the boss

DAX futures (DAX1!) is in 5^th of 3^rd of 5^th, so stay long. It is in strong trend so next pull back of 4^th of 5^th wave can also be buy for new high.

SP500 futures (ES1! SPX SPY ES_F) - bulls are aggressive

SP500 futures (ES1!) is in 4^th of 3^rd of 3^rd subwave in 5^th wave impulse cycle, so wait for it complete as it takes little longer. Stay long when it finished.

Nasdaq 100 futures (NQ1! NQ_F NDX) - bullish or choppy - what’s will be coming next ? l

Nasdaq 100 futures (NQ1!) is in 3^rd of 5^th wave up, so stay long with stops below 10762 for new high.

Dow Jones 30 futures (YM1! DJI YM_F) - bulls taking control

Dow Jones 30 futures (YM1!) is in 3^rd of 3^rd up, so price should be moving sharply up with invalidation level below 26532.   

Hang Seng Futures (HK50 HSI_F) - bullish or Bears - Who will take over ?

Hang Seng Futures (HSI_F) has completed B wave and starts C wave up, so stay long with stops below 24726.

Nifty50 futures (Nifty_F) - Bulls in complete control

Nifty50 futures (Nifty_F) is in 3^rd of 5^th of 5^th wave. Stay bullish above 11099 level.

7/22/2020

SP500 futures (ES1!) - bullish or choppy - what’s will be coming next ?

SP500 futures (ES1!) is in 4^th of 3^rd of 3^rd subwave in 5^th wave impulse cycle, so wait for it complete as it takes little longer. Stay long when it finished.

Nasdaq 100 futures (NQ1!) - bullish or choppy - what’s will be coming next ? l

Nasdaq 100 futures (NQ1!) is in 2^nd subwave of 5^th wave up, which unfoldinig in abc zigzag. So stay long when it finishes, but price must stay above 10546 to confirm the count.

Dow Jones 30 futures (YM1!) - bulls taking control

Dow Jones 30 futures (YM1!) is in 2^nd of 3^rd subwave of 5^th wave up, which might take little sharp down to complete. Thereafter 3^rd of 3^rd will start sharp move up. So stay long with stops below 26337 level.  

Hang Seng Futures (HK50 HSI_F) - bullish or Bears - Who will take over ?

Hang Seng Futures (HSI_F) has completed A wave and correcting down in B wave of ABC zigzag cycle of Y wave of (Y) cycle. So stay long when B finish.

Nifty50 futures (Nifty_F) - Bulls in complete control

Nifty50 futures (Nifty_F) is in 4^th subwave correction and when finishes go long for 5^th subwave up.

7/21/2020

DAX futures (DAX1!) - Bulls are the boss

DAX futures (DAX1!) is in 3^rd of 3^rd subwave of 5^th wave after 4^th wave completed in triangle like ES. Stay long until price remains above 12795. Go long in three wave pull back.

SP500 futures (ES1!) - more bullish or choppy - what’s will happen ahead ?

SP500 futures (ES1!) is 3^rd internal wave of 3^rd subwave as mentioned earlier. Stay long until price retains above 3191 and buy three wave correction in 10 min time frame.

Nasdaq 100 futures (NQ1!) - Bulls in complete control

Nasdaq 100 futures (NQ1!) is in 5^th wave up after 4^th wave ended in triangle. So stay bullish until price remains above 10546 and buy three wave pull back for new high. Nasdaq major large cap stocks also in either 5^th subwave (or 3^rd wave) or 5^th wave itself, which not let market go down.

Dow Jones 30 futures (YM1!) - bullish or choppy - what’s will happen ahead ?

Dow Jones 30 futures (YM1!) has completed 2^nd subwave of 5^th wave up after 4^th wave finished in triangle. But the rise in price is not satisfactory, but as per wave count it is in 3^rd subwave, so stay bullish above 26337 level for 5^th wave above 27600-28200 range.

Hang Seng Futures (HK50) - bullish or Bears - Who will take over ?

Hang Seng Futures (HSI_F) is WXY complex correction from major bottom in 4 hr time frame. It is in Y wave as ABC correction as mentioned in chart. So stay bullish for 3^rd wave of A wave until price remains above today’s gap.

Nifty50 futures (IND50) - Bulls in complete control

Nifty50 futures (IND50) is in 5^th wave of C wave (or 3^rd wave cycle), so go long in three wave pull back in 10 min time frame. Keep eye on Niftymidcap50 to confirm the trend in 10 min time frame.

7/20/2020

SP500 futures (ES1!)

DowJone futures (YM1!)

NASDAQ fuures (NQ1!)

Nifty50 futures (Nifty_fut)

7/16/2020

SP500 futures (ES1!) - Bullish or choppy - what’s next ?

SP500 futures (ES1!) is in 2^nd internal wave of 3^rd subwave of 3^rd wave up, wait it to complete to resume up trend further. Stay bullish above 3118 level as level of invalidation of count.

7/15/2020

SP500 futures (ES1!) - Bullish or choppy - what’s next ?

SP500 futures (ES1!) is in 3rdsubwave of 3^rd wave up within impulse sequence, so stay bullish above 3119 level of yesterday’s low, today it might correct the last up move to make internal waves. But overall it will be bullish now.

Nifty50 futures (IND50) - Bullish or choppy - what’s next ?

Nifty50 futures (IND50) is within 5^th wave of C wave cycle (or 3^rd wave up), so stay bullish for new high as minimum target zone.

DAX futures (DAX1!) - Bulls take control slowly

DAX futures (DAX1!) is in 5^th subwave of 5^th wave. Stay bullish above 12515 level for new high above 13250 or higher. Triangle in 4^th wave will drive it easily.

FTSE100 futures (Z1!) - Choppy price action

FTSE100 futures (Z1!) is in choppy price action, where it is moving up within abc up move in 15 min time frame as indicated in chart, overall its a corrective up cycle WXY, which has been ended on last major swing high. Thereafter it is within choppy price action. It is good sell when 60 min negative divergence occur in any oscillator.

Euro Stoxx 50 (EU50 fut) - Bulls taking control slowly

Euro Stoxx 50 (EU50 fut) it is similar pattern to DAX and going up in 3^rd wave of 5^th wave in impulse, so stay bullish with trend with stops below 3224.

7/8/2020

SP500 futures (ES1!) - Bears taken charge within choppy price range

SP500 futures (ES1!) has completed B wave with ABC flat correction. B wave was time consuming and tiring zigzag wave abc. The C major down cycle has been started, where 1^st wave is under progress. It is in 3^rd subwave of 1^st wave down. So stay bearish below 3175 level and target zone will 2880 when entire C wave will end.  

DAX futures (DAX1!) - Choppy or bearish - what’s next ?

DAX futures (DAX1!) has completed B wave within flat ABC correction cycle in sideway fashion, where B wave was complex wxy correction. It is in C wave down, where 1^st subwave is under progress and one minor low away in finish in 5 min time frame. Thereafter 2^nd wave will rise which provide an opportunity to get in to it with stops above invalidation level of 12830 for target of 11500 level.

KOSPI 200 (KS_F) - Choppy or bearish - what’s next ?

KOSPI 200 (KS_F) has completed ABC zigzag in 4 hr time frame, thereafter started correcting in flat ABC correction, which is under progress. It is in C wave down in 1 hr time frame, where 1^st subwave is in progress, so wait for 2^nd subwave to correct it for entry to sell trade with stops above invalidation level of 293 for the target zone of 266 level as equi-distance of wave A.

ASX 200 futures (AP1!) - Bears taken control

ASX 200 futures (XJO_F) has completed B wave in flat correction abc in time consuming manner. It started moving down in C wave as expected previously. It is in 3^rd internal wave of 3^rd subwave of C wave down. Stay bearish below price level 6000 for the target of 5600 level. Get in the trade in three wave pull back in 5 min time frame.

Nifty50 futures (Nifty_F) - Bullish or choppy - what’s next ?

Nifty50 futures (Nifty_F) has completed impulse cycle of C wave up in ABC zizgag correction of (Y) wave up within 2 hour time frame. The impulse end will confirm, when price is broken below 10658 level, means below that level bearish trade set up is advisable for the target zone of 10200-300 level with stops above 10850.

Singapore MSCI futures (MSCISING) - Choppy or bearish - what’s next ?

Singapore MSCI futures (MSCISING) has completed X wave within 1 hr time frame within WXY complex correction downside. It is in wave Y down, where A of Y is in progress, which has completed 1^st subwave and within 2^nd one. Stay bearish with stops above 312.15 for target of about 298 level for wave A, then three wave pull back expected, which will again give an opportunity to sell for C wave down. Y wave will probably ends near 26 level.

7/3/2020

SP500 futures (ES1!) - Bulls Vs Bears - who will take the charge ? 

SP500 futures (ES1!) has completed (B) wave correction in time consuming ABC wave pattern relative to (A) wave. It is in wave (C) down sequence, which is not confirmed, so wait for first impulse wave down as 1^st subwave of wave (C) to complete and its pull back to subwave 2 to get in to trade.

Nikkei 225 futures (Nikkei_F) - Bears taking charge slowly

Nikkei 225 futures (Nikkei_F) is in C wave down of Y wave within complex WXY correction downside. It is within 1^st subwave of 3^rd wave down and one more swing low away to complete in 5 min time frame. Wait for 2^nd subwave to complete to get in to trade. The invalidation level of 22422 has to hold to retain the count valid so as stops for sell trade. The target zone will be around 21196 (0.78 of wave W) or 20772 as equi-distance of W wave.

ASX 200 futures (AP1!) - Bulls Vs Bears - who will take the charge ?

ASX 200 futures (XJO_F) has completed wave (B) in ABC flat correction. It is in (A)(B)(C) zigzag down cycle in 2 hr time frame. The 1^st wave down of (C) wave is in progress, so wait to complete it and have pull back of 2^nd wave to get in to it. The invalidation must hold to retain the count valid, so keep eye on it when wave 2 will rise. The target zone of (C) will be 5560 if it unfold as expected count.

7/1/2020

FTSEMIB futures (IT40_F) - Bearish triangle

FTSEMIB futures (IT40_F) is within WXY complex correction in double zigzag pattern, where Y wave is under progress. Y wave is subdivided in ABC zigzag where B has ended with triangle and proce broken down triangle in wave C. Wait for clear impulse formation of subwave 1 and subwave 2 as pull back to get in to trade. Keep eye on invalidation level to retain the count valid.

FTSE100 futures (Z1! UKX) - Bears in control

FTSE100 futures (Z1!) has completed 2^nd wave and started down 3^rd wave of C wave in ABC zigzag correction. It ihas also completed 1^st and 2^nd subwave and moving down in 3^rd subwave of 3^rd wave down, keep eye on invalidation level of 6152 as stops of the trade. It should now starts dropping faster as progresses, because of 3^rd wave.

Euro Stoxx 50 (EU50 fut) - Updated EW count

Euro Stoxx 50 (EU50 fut) has has completed 2^nd wave in wxy correction in C wave down. It is in ABC zigzag down move in 2 hr time frame. It started moving down in 3^rd wave, where 1^st subwave is in progress, so wait for 2^nd subwave to pull back for get in to trade. The invalidation level must hold to retain the count of 3241 for target zone around 2925 level as equi-distance of wave A to C.

CAC40 futures (FCE1!) - Bears in control

CAC40 futures (FCE1!) is within 3^rd wave of C down, which started subdividing in further subwaves. The 3^rd subwave is moving down, which is as usual sharp in nature. The invalidation level of 4952 must hold to retain the count valid for C wave. The probable target zone will be 4432. Let’s see how chart unfolds.

DAX futures (DAX1!) - Updated EW count

DAX futures (DAX1!) has completed 2^nd wave correction as expected in previous updates as wxy complex correction. It is within 3^rd wave down and moving down in 1^st subwave, wait for 2^nd subwave to form as pull back to get in to trade. The invalidation level of 12382 must hold to retain the count alive.

6/30/2020

SP500 futures (ES1!) - Updated EW count

SP500 futures (ES1!) has completed 2^nd subwave of 3^rd wave down of C waveand progressing in 3^rd subwave of 3^rd wave down. Keep eye on invalidation level to confirm the move down. Good risk reward entry for sell trade.

6/29/2020

SP500 futures (ES1!) - Updated EW count

SP500 futures (ES1!) is in 2^nd subwave of 3^rd wave down of C wave. As mentioned in previous update, it is exactly dropping down in C wave. It is possible that 2^nd subwave will end after US market session starts today. So wait for confirmation to end it before jumping in 3^rd wave down. 

Dow Jones 30 futures (YM1!) - Updated EW count

Dow Jones 30 futures (YM1!) is in 2^nd subwave of 3^rd wave down of C wave. As mentioned in previous update, it is exactly dropping down in C wave. It is possible that 2^nd subwave will end only after US market session starts today. So wait for confirmation to end it before jumping in 3^rd wave down.    

Russell 2000 (RTY1!) - Updated EW count

Russell 2000 (RTY1!) is in 2^nd subwave of 3^rd wave down of C wave. As mentioned in previous update, it is exactly dropping down in C wave. It is possible that 2^nd subwave will end only after US market session starts today. So wait for confirmation to end the 2^nd subwave. 

Nasdaq 100 futures (NQ1!) - Updated EW count

Nasdaq 100 futures (NQ1!) is in 2^nd wave of C down, which progresses in wxy and take time to complete. As expected in previous updates the C down is in under progress. Before bears can take control again wait for confirmation to end of wave 2. 

Nikkei 225 futures (Nikkei_F) - Updated EW count

Nikkei 225 futures (Nikkei_F) is within C wave down of ABC cycle of Y wave in complex WXY correction in 2 hr time frame. It is about to end 1^st wave as it progresses in 5^th subwave. Thereafter 2^nd wave will start moving up, which take time more to complete. C wave will be extending loss to complete Y wave down.

ASX 200 futures (AP1!) - Updated EW count

ASX 200 futures (XJO_F) is in 3^rd wave down of C wave, where subwave 1 was just ended and 2^nd subwave is in progress, which probably ends within US market session timing. Wait for 2^nd subwave to ends before get in to trade for 3^rd wave now. The huge bearishness expected from here.

Hang Seng Futures (HK50 HSI_F) - Updated EW count

Hang Seng Futures (HSI_F) is in 3^rd wave of C wave down in ABC zigzag movement of Y wave down. It is in WXY correction within 1 hr time frame. It has completed 3^rd subwave of 3^rd wave down of C in 15 min time frame.   

 Nifty50 futures (IND50 Nifty_F) - Updated EW count

Nifty50 futures (IND50 Nifty_F) is in 3^rd wave of C wave down in ABC zigzag down cycle. It has completed 1^st subwave of 3^rd wave down and correcting within 2^nd subwave, so wait for entry for next 3^rd subwave down in C wave.

6/26/2020

SP500 futures (ES1!) - Updated EW count

SP500 futures (ES1!) is in 2^nd wave correction as expected in previous updates and moving in 5^th of internal c wave up as abc zigzag and about to end soon. Thereafter 3^rd wave down will start and today it will just stay choppy making 1^st and 2^nd subwaves of it. On Monday the 3^rd subwave of 3^rd wave down will start falling. So today is better to select the short entry and take small position as market progresses. 

Dow Jones 30 futures (YM1!) - Updated EW count

Dow Jones 30 futures (YM1!) is in 2^nd wave correction as expected in previous updates and moving in 5^th of internal c wave up as abc zigzag and about to end soon. Thereafter 3^rd wave down will start today and it will just stay choppy making 1^st and 2^nd subwaves of 3^rd wave. On Monday the 3^rd subwave of 3^rd wave down will start falling. So today is better to select the short entry and take small position as market progresses. It may possible to gap down.    

Russell 2000 (RTY1!) - Updated EW count

Russell 2000 (RTY1!) is in 2^nd wave correction as expected in previous updates and moving in 5^th of internal c wave up as abc zigzag and about to end soon. Thereafter 3^rd wave down will start today and it will just stay choppy making 1^st and 2^nd subwaves of 3^rd wave. On Monday the 3^rd subwave of 3^rd wave down will start falling. So today is better to select the short entry and take small position as market progresses. It may possible to gap down. 

Nasdaq 100 futures (NQ1!) - Updated EW count

Nasdaq 100 futures (NQ1!) is in ABC zigzag down, where B wave is under progress and wait for confirmation that it over. Thereafter C wave will start moving down. 

DAX futures (DAX1!) - Updated EW count

DAX futures (DAX1!) has completed 2^nd wave correction as expected in previous updates as wxy complex correction. It is within 3^rd wave down and form 1^st and 2^nd subwave today along with US market. On Monday the 3^rd subwave of 3^rd wave down will start falling.   

Euro Stoxx 50 (EU50 fut) - Impulse wave pattern

Euro Stoxx 50 (EU50 fut) has completed 2^nd wave correction as expected in previous updates as wxy complex correction. It is within 3^rd wave down and form 1^st and 2^nd subwave today. 

FTSE100 futures (Z1!) - ABC wave pattern

FTSE100 futures (Z1!) has completed 2^nd wave correction as expected in previous updates as wxy complex correction. It is within 3^rd wave down and form 1^st and 2^nd subwave today along with US market. On Monday the 3^rd subwave of 3^rd wave down will start falling. 2^nd wave of C may little extend. 

Nikkei 225 futures (Nikkei_F) - Updated EW count

Nikkei 225 futures (Nikkei_F) is within ABC zigzag of W of (Y) wave down cycle of (W)(X)(Y) complex correction. It is about to complete the abc zigzag pattern of B wave correction along with ES (US market futures) and thereafter start C wave down. The (Y) will be again atleast double zigzag correction expected as (W) wave is similar like that. 

Hang Seng Futures (HSI_F) - Updated EW count

Hang Seng Futures (HSI_F) is in 2^nd wave correction of C wave down as flat correction after 1^st wave was completed. The overall structure may be WXY alternatively, which will be revealed as it progresses.   

ASX 200 futures (AP1!) - ABC wave pattern

ASX 200 futures (XJO_F) has completed 1^st wave down of C wave within ABC zigzag down. It is correcting in B wave as abc zigzag, where a is about to end and b will start moving down. It will correct the B wave most possibly today and from Monday start falling in 3^rd wave down (gap down may be possible as confirmation). Watch closely that how count unfolds. 

Nifty50 futures (IND50) - Updated EW count

Nifty50 futures (IND50) is within wave B correction (or 2^nd) and may take more time to complete. From Monday it should start moving down in C wave along with other global market. Let’s see how it moves next. 

6/25/2020

SP500 futures (ES1!) - Updated EW count

SP500 futures (ES1!) is within ABC zigzag movement and C wave down. It completed 1^st wave down and correcting up in 2^nd wave, which may be 50 % previous fall. Thereafter wave 3 will start falling down. Equal sized C wave will targeted around 2838 level. 

Dow Jones 30 futures (YM1!) - Updated EW count

Dow Jones 30 futures (YM1!) is within ABC zigzag movement and C wave down. 1^st wave down is about to end soon and 2^nd wave will correct upside. Thereafter wave 3 will start falling down. Equal sized C wave will targeted around 23108 level. B wave was corrected with truncated c subwave, which shows the fall in C wave will really be sharp and may go beyond equal size of A wave.   

Russell 2000 (RTY1!) - Updated EW count

Russell 2000 (RTY1!) is within ABC zigzag movement and C wave down. 1^st wave down is about to end with new low then 2^nd wave will correct upside. Thereafter wave 3 will start falling down. B wave was completed with truncated c subwave, which caused sharp fall in C wave may extend it beyond equal sized A wave.

Nasdaq 100 futures (NQ1!) - Updated EW count

Nasdaq 100 futures (NQ1!) is falling in ABC correction (or 3^rd of impulse), wait to confirm the count, before get in to it. The bias should be bearish now.

DAX futures (DAX1!) - Updated EW count

DAX futures (DAX1!) is within ABC zigzag movement and C wave down. 1^st wave down is about to end with new low then 2^nd wave will correct upside. B wave was completed as abc zigzag move. C wave may go down faster than wave A. Let’s see how it moves. 

CAC40 futures (FCE1!) - Updated EW count

CAC40 futures (FCE1!) is within ABC zigzag from last top and going down C wave. 1^st wave down is already ended and now 2^nd wave is correcting it upside. Wait for confirmation of 2^nd completion to get in to for 3^rd wav down. Let’s see how it moves .

FTSE100 futures (Z1! UKX) - ABC wave pattern

FTSE100 futures (Z1!) is within ABC zigzag from last top and going down C wave. 1^st wave down is already ended (unless extend further) and now 2^nd wave is correcting it upside. Wait for confirmation of 2^nd completion to get in to for 3^rd wave down. Let’s see how it moves. 

Nikkei 225 futures (Nikkei_F) - Updated EW count

Nikkei 225 futures (Nikkei_F) is within ABC zigzag from last top and going down C wave. 1^st wave down is already ended (unless extend further) and now 2^nd wave is correcting it upside in abc. Wait for confirmation of 2^nd completion to get in to for 3^rd wave down. Let’s see how it moves.

6/24/2020

SP500 futures (ES1!) - Updated EW count

SP500 futures (ES1!) is in C wave now after B wave ends with truncated c internal wave. It is in C wave down within ABC zigzag down move, where 1^st wave is about to end soon, thereafter 2^nd wave will rise upward, which will be good to get in for 3^rd wave.

ASX 200 futures (AP1!) - Updated EW count

ASX 200 futures (XJO_F) is in C wave down after B wave ends with relative short c internal wave. It is in C wave down within ABC zigzag down move from major top in 60 min time frame and exactly moving as predicted before, where 1^st wave is about to end soon, thereafter 2^nd wave will rise upward, which will be good to get in for 3^rd wave.

6/22/2020

SP500 futures (ES1!) - Updated EW count

SP500 futures (ES1!) has completed (B) wave in WXY correction as mentioned in earlier updates. It already started moving up in (C) wave up and about to end 1^st of (C) wave. Wait for 2^nd wave in 2 min time frame, to get in to,  unless it holds the today’s low as invalidation level. The probability of going up for wave (C) is high as other indices futures aligned it. The target zone will be around 3165, but will watch closely as it progress.

ASX 200 futures (AP1!) - ABC wave pattern

ASX 200 futures (XJO_F) has completed wave (B) in complex correction WXY as indicated in chat today morning as expected. It rises in 1^st wave of (C) and wait for 2^nd wave correction to get in to. It may be dip correction, but it must remain above invalidation level as today’s low to validate the count.

6/20/2020

SP500 futures (ES1!) - Updated EW count

SP500 futures (ES1!) is within (B) wave complex correction in WXY. The Y wave is under progress in ABC zigzag. The C of Y may extend or over, which will know on Monday as it progresses. Thereafter wave (C) will start moving up to complete ((B)) wave as indicated in chart labeling. Another alternate wave count is also possible where (B) wave is over and (C) down has started moving down, which taken as possibility. If on Monday/Tuesday trading session price is moving as expected count then alternate count will take in action. This count is not mentioned here to avoid any confusion in between.

Dow Jones 30 futures (YM1!) - Updated EW count

Dow Jones 30 futures (YM1!) has within B wave complex correction as wxy in ABC up cycle, which is about to end (if not further extend). Thereafter wave C will start moving up which is final move up for (B) wave as indicated in chart labeling.

6/18/2020

SP500 futures (ES1!) - Updated EW count

SP500 futures (ES1!) has completed its 2^nd wave correction down side under weekly unemployment claim data. Now its moving up for 3^rd wave up of C wave as expected in earlier updates.

SP500 futures (ES1!) - Updated EW count

SP500 futures (ES1!) has completed flat abc correction for B wave as mentioned in yesterday updates. In yesterday update I expected zigzag correction for B wave, which turned out to be flat rather than zigzag. Anyway the c wave of B was ending diagonal expanding which already ended and confirmed when price crosses above wave 4 internal of c wave. Other future indices confirms the thesis of start of wave C in zigzag up move. After completing C wave ((B) wave major) next move probably will down. But let’s wait until we reach the (B) level. 

Dow Jones 30 futures (YM1!) - Updated EW count

Dow Jones 30 futures (YM1!) has completed B wave of ABC zigzag up move and starts moving up in C wave, wait for confirmation of impulse sequence in 3 min time frame. The drop in 1 hr time frame was impulse (A) wave and now price correcting up in (B) wave, which is under progress and C of (B) is on the way to final move up. After (B) over it will go for (C) down. 

Russell 2000 (RTY1!) - Updated EW count

Russell 2000 (RTY1!) has completed B wave of ABC zigzag up move and starts moving up in C wave. The C wave has clear 5 wave impulse move, which indicates the B wave correction over. The drop in 1 hr time frame was impulse (A) wave and now price correcting up in (B) wave, which is under progress and C of (B) is on the way to final move up. After (B) over it will go for (C) down. 

DAX futures (DAX1!) - Updated EW count

DAX futures (DAX1!) has completed B wave of ABC zigzag up move, where internal b wave was triangle. It has completed wave 1 of C wave up and now moving down in wave 2 correction, which sustain invalidation level to retain the count valid. It is all align with the other world indices futures.

FTSE100 futures (Z1!) - ABC wave pattern

FTSE100 futures (Z1!) has completed B wave of ABC zigzag up move. It has completed wave 1 of C wave up and now moving down in wave 2 correction, which sustain invalidation level to retain the count valid. After C wave over ( (B) over) it will go down for wave (C) down. It is under-performing index in Europe.

Nikkei 225 futures (Nikkei_F) - Updated EW count

Nikkei 225 futures (Nikkei_F) has completed B wave in abc expanded flat having c as expanding ending diagonal structure in 15 min time frame. It starts upmove in C wave and should be faster as a result of ending diagonal c of B wave. In bigger time frame, one possibility of 5^th wave of (C) is there. In both cases the move expected is up. It must hold the invalidation level to retain the count. 

Hang Seng Futures (HK50) - Updated EW count

Hang Seng Futures (HK50) has completed B wave in ABC zigzag pattern upside for wave (B). wave C is moving upside to complete (B) wave correction. In 1 hr time frame, the impulse drop was (A) wave in (A)(B)(C) zigzag pattern, in which wave (B) is under progress. 

ASX 200 futures (AP1! XJO_F) - ABC wave pattern

ASX 200 futures (XJO_F) is in (B) wave correction and moving up in ABC wave, where A impulse and B corrective wave were over. Wave C is moving up and in the 1^st wave up. It dropped in impulse sequence (A) wave and correcting up in (B) wave, so next big move will be wave (C) down. Within C wave up 2^nd wave dip will be good entry for C wave up until it holds the invalidation level as red line of 5840. 

Nifty50 futures (IND50) - Updated EW count

Nifty50 futures (IND50 SGXNifty) has completed triangle B wave in ABC zigzag up move. Now C wave is on the way to upside. Here wave d internal of B triangle was triangle, means the C wave up will be very swift and will give small wave 2 for entry unless wave 2 will be dip correction in normal case. It hold invalidation level to retain the count.

6/17/2020

SP500 futures (ES1!) - Updated EW count

SP500 futures (ES1!) is in B wave flat correction, in which wave b of abc was over and it is moving down in c wave to complete B wave. Thereafter wave C will start moving up to complete the whole (B) wave.

6/16/2020

SP500 futures (ES1!) - Updated EW count

SP500 futures (ES1!) has completed subwave A impulse of wave (B) correction in (A)(B)(C) correction downward as indicated in chart. It is correcting in subwave B which may take tomorrow to complete, thereafter wave C impulse start moving up to complete the final push to wave (B). Let’s see how chart moves.

6/15/2020

SP500 futures (ES1!) - Updated EW count

SP500 futures (ES1!) has completed WXY in double zigzag up move and finally dropped in impulse wave (A), which clearly subdividing in five wave fall, which was over. Thereafter it gives smaller five wave up in 2 min time frame, which is subwave 1^st of A correction up side and now moving in subwave 2^nd correction. Next move will be 2-3 days positive movement to correct the drop in ABC zigzag or flat correction and wave (B).

Dow Jones 30 futures (YM1!) - Updated EW count

Dow Jones 30 futures (YM1!) has completed WXY in double zigzag up move and finally dropped in impulse wave (A), which clearly subdividing in five wave fall, which was over. Thereafter it gives smaller five wave up in 2 min time frame, which is subwave 1^st of A correction up side and now moving in subwave 2^nd correction. Next move will be 2-3 days positive movement to correct the drop in ABC zigzag or flat correction and wave (B). 

Russell 2000 (RTY1!) - Updated EW count

Russell 2000 (RTY1! RTY_F) has completed WXY in double zigzag up move and finally dropped in impulse wave (A), which clearly subdividing in five wave fall, which was over. Thereafter it gives smaller five wave up in 2 min time frame, which is subwave 1^st of A correction up side and now moving in subwave 2^nd correction. Next move will be 2-3 days positive movement to correct the drop in ABC zigzag or flat correction and wave (B).

FTSE100 futures (Z1!) - ABC wave pattern

has completed WXY in double zigzag up move and finally dropped in impulse wave (A), which clearly subdividing in five wave fall, which was over. Thereafter it gives smaller five wave up in 2 min time frame, which is subwave 1^st of A correction up side and now moving in subwave 2^nd correction. Next move will be 2-3 days positive movement to correct the drop in ABC zigzag or flat correction and wave (B).

ASX 200 futures (XJO_F) - Updated EW count

ASX 200 futures (XJO_F) is in 5^th wave of down cycle. It has completed WXY corrective up cycle from major bottom in 2 hr time frame. The drop from last swing high in 30 min time frame is impulse and within its 5^th wave, which may end soon as divergence starts building in indicator, but wait for confirmation to end it.  Thereafter B wave correction starts moving up.   

Nikkei 225 futures (Nikkei_F) - Updated EW count

Nikkei 225 futures (Nikkei_F) is in moving up in 5^th wave of C up. It completed 1^st subwave of wave 5 and thereafter subwave 2 correction, when US market makes new low almost below June 12 low. It is now moving up in 3^rd wave (or C wave if the total sequence turns out to be corrective). It out-performs the rest of markets, which is good in case.