If you’ve been following our videos you would know that EWAVES caught February high, and then the April low, and has been correctly bullish since that time.
Today, that stance changes.
We’re seeing a rare confluence of bearish Elliott Wave patterns that has developed over recent weeks. Multiple major U.S. indices are rolling over, while the U.S. dollar’s structure points to a potentially powerful upside break.
As always, invalidation matters: further upside could negate these counts. But the alignment across so many indices commands our attention.
Remember, EWAVES doesn’t read investor sentiment or trade opinions. It determines the optimal wave count using only the price-time statistical properties of historical Elliott Wave patterns. It isn’t a prognosticator, it’s an unbiased calculator.
Let’s take a look at key US markets and see what EWAVES is thinking. You may click on any of the charts for a larger view.
S&P 500
Dow
Nasdaq 100
US Dollar
