SMH Semiconductor ETF Rally Continuation Should Be Around the Corner

by elliottwave-forecast.com | January 17, 2025 6:07 pm
The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that tracks a market-cap weighted index composed of 25 of the largest U.S.-listed semiconductor companies. The top holdings of SMH include companies like NVIDIA, Taiwan Semiconductor Manufacturing, Broadcom Inc., Texas Instruments, QUALCOMM, ASML Holding N.V., Applied Materials, Inc., Lam Research...

Apple Stock ( AAPL) Incomplete Sequences Forecasting the Path Ahead

by elliottwave-forecast.com | January 17, 2025 5:54 pm
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of  Apple Stock ( AAPL) published in members area of the website.  As probably most of the traders know, The Stock is...

Gold Cycle Since September 2022 Low Calling For More Upside

by elliottwave-forecast.com | January 15, 2025 5:37 pm
More than two years back, we were calling Gold to end a Zigzag Elliott Wave correction in the blue box area and resume the rally. Zigzag is a 5-3-5 Elliott wave structure in which wave A and...

GDX Found Sellers As Expected From Blue Box Area

by elliottwave-forecast.com | January 14, 2025 5:24 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of the Gold miners ETF ticker symbol: GDX. In which, the decline from the 24 October 2024 high is unfolding...

NextEra Energy (NEE) Should Expect Bounce From Inflection Area

by elliottwave-forecast.com | January 14, 2025 5:15 pm
NextEra Energy, Inc., (NEE) through its subsidiaries generates, transmits, distributes & sells electric power to retail & wholesale customers in North America. The company generates electricity, through wind, solar, nuclear, natural gas & other clean energy. It...

Hindustan Copper’s Elliott Wave Counts

by elliottwave-forecast.com | January 14, 2025 5:02 pm
Weekly Elliott Wave Counts Suggest The Correction Is Nearing Completion The Elliott Wave analysis for Hindustan Copper Ltd. (NSE) indicates a correction on the weekly chart. The broader structure follows a five-wave sequence, with waves ((1)) and...

EURUSD Elliott Wave: Forecasting the Decline After 3 Waves Bounce

by elliottwave-forecast.com | January 13, 2025 5:32 pm
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of EURUSD , published in members area of the website. As our members know, EURUSD is still trading...