SMH Semiconductor ETF Reacted from a Blue Box Breaking to New Highs

by elliottwave-forecast.com | May 27, 2024 4:30 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...

Elliott Wave Analysis on Oil (CL) Looks for Short Term Weakness

by elliottwave-forecast.com | May 23, 2024 3:38 pm
Short Term Elliott Wave in Light Crude Oil (CL) suggests the decline from 4.12.2024 high is in progress as a 5 waves impulse. Down from 4.12.2024 high, wave 1 ended at 81.56 and wave 2 rally ended...

Bitcoin (BTCUSD) Incomplete Bullish Sequences Calling the Rally

by elliottwave-forecast.com | May 22, 2024 3:43 pm
In this technical article we’re going to take a quick look at the Elliott Wave charts of Bitcoin BTCUSD , published in members area of the website. As our members know, Bitcoin is showing impulsive bullish sequences...

Vulcan Forged $PYR Turning Bullish From Blue Box Area

by elliottwave-forecast.com | May 22, 2024 3:32 pm
Vulcan Forged $PYR is a utility token used to buy NFTs and virtual assets within Vulcan Forged games marketplace. In today’s article, we’ll dive into the daily structure setting up a bullish reversal based on the Elliott Wave Theory. $PYR...

There is no Reason to Sell iShares Silver Trust (SLV)

by elliottwave-forecast.com | May 22, 2024 3:23 pm
The iShares Silver Trust (SLV) is an exchange-traded fund (ETF) that tracks the price performance of the underlying holdings in the London Bullion Market Association (LBMA) Silver Price as of August 2014. If you’re interested in investing in silver, SLV provides exposure to...

ZN Elliott Wave Analysis – trading US 10-Yr from extreme

by elliottwave-forecast.com | May 21, 2024 3:59 pm
Hello traders. In this blog post, we will examine the US 10-Yr US Treasury Note – ZN Elliott Wave Analysis. We will identify how it bounced from an extreme area, presenting a bullish opportunity for traders. Additionally,...

XLP Resuming Higher From Another Blue Box Area

by elliottwave-forecast.com | May 21, 2024 3:52 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of XLP a consumer staple ETF, which we presented to members at elliottwave-forecast.com. In which, the rally from 16 April 2024...

USDJPY Elliott Wave : Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | May 21, 2024 3:43 pm
Hello fellow traders. In this technical article, we’re going to take a look into the Elliott Wave charts of USDJPY,  exclusively presented in the members’ area of our website.  As our members know USDJPY has recently  made...