Weekend Update Part 2

Here’s a look at the Nikkei, EuroNext 100 and DAX markets since the 2009 low. Like the Dow and SPX they have similar wave patterns, EuroNext 100 and DAX with expanded flats where primary wave [B] made a higher high (like the Dow and SPX), Nikkei didn’t (like Financials and Russell). And, like the US marekts we see retracements of 50%-61.8% of the bull market off the 2009 lows.

Nikkei
EuroNext 100
DAS

Leading US indexes and Gold

About alphahorn

I received an MBA from Columbia University’s Graduate School of Business in New York and am a Wall Street veteran. I’ve worked for a number of investment banks including Smith Barney and First Boston/C S First Boston in New York. Over the years, I have developed my own Proprietary Swing System and I combine that System with my own Elliott Wave Analysis to trade.
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