Elliott Wave Intraday View: S&P 500 Futures (ES) Wave 5 In Progress

In focus this week Today, the US election takes place and is the major highlight of the week. Over the weekend, Harris’ odds in prediction markets have risen sharply, but swing state polls continue to signal a very close race. Michigan, Wisconsin and Pennsylvania are the most likely tipping points of the election. Tomorrow morning, […]

The dollar index accelerated higher on Wednesday, following much stronger than expected US services PMI data (May 53.8 vs 51.0 f/c and Apr 49.4) which signaled that services sector returned to growth (May figure hit the highest in nine months) and offset negative signals from downbeat labor reports (JOLTS and ADP). Fresh advance cracked strong […]

CHFJPY broke resistance zone Likely to rise to resistance level 174.90 CHFJPY currency pair under the bullish pressure after the earlier breakout of the resistance zone located between the key resistance level 172.00 (which stopped the previous waves A, C,E and (1)) and the 50% Fibonacci correction of the primary downward correction 4 from July. […]