Elliott Wave cycle analysis provides the edge that traders need to improve entries, manage the risk and empower their trading. Understanding the Elliott Wave’s actual meaning of showing market direction, targets, and structure, but with the need for validation to make it work, is the key to have a robust trading system.

This week we are looking for a significant reversal on the US Dollar, a bull move on the S&P 500, and validation to go long on majors such as the EUR/USD.