USO United States Oil Fund Longer Term Cycles & Elliott Wave

by elliottwave-forecast.com | October 7, 2019 8:31 pm
USO United States Oil Fund Longer Term Cycles & Elliott Wave Firstly the USO instrument inception date was 4/10/2006. CL_F Crude Oil put in an all time high at 147.27 in July 2008. USO put in an...

Xilinx (NASDAQ: XLNX) Another Buying Opportunity

by elliottwave-forecast.com | October 7, 2019 8:31 pm
Xilinx (NASDAQ: XLNX) is an American technology company that is primarily a supplier of programmable logic devices. It designs, develops and markets complete programmable logic solutions, including advanced integrated circuits, software design tools, predefined system functions, customer training, field...

GBPNZD Forecasting The Rally After Elliott Wave Zig Zag Pattern

by elliottwave-forecast.com | September 23, 2019 9:57 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPNZD, published in members. As our members know, GBPNZD recently corrected cycle from the  07/30 low. Pull...

Lufthansa AG Stock Should Remain Weak In The Coming Weeks

by elliottwave-forecast.com | September 23, 2019 9:56 pm
Hello fellow traders. In today’s blog, we will have a look at the Lufthansa AG stock. The stock is listed in the DAX 30. Lufthansa AG is the biggest German airline and has a lot of subsidiaries. And when combining...

The TLT Longer Term Cycles and Elliott Wave Analysis

by elliottwave-forecast.com | September 23, 2019 9:56 pm
The TLT Longer Term Cycles and Elliott Wave Analysis Firstly the ETF fund TLT inception date was on July 22, 2002. This instrument seeks to track the investment results of an index composed of or in U.S. Treasury bonds...

Bank Of America (NYSE: BAC) Inverted Head & Shoulder

by elliottwave-forecast.com | September 23, 2019 9:56 pm
Bank Of America (NYSE: BAC) recovered 50% of the 2008 financial crisis crash while majority of banks already rallied back to new all time highs. The stock is still showing positive signs as the rallies taking place...

Elliott Wave View: SPY Can See Further Strength in Short Term

by elliottwave-forecast.com | September 22, 2019 8:20 pm
SPDR S&P 500 ETF (SPY) shows an incomplete sequence from June 3, 2019 low with a 100% extension target towards 306.3 – 313.2. In the chart below, we took the more aggressive view of the rally. We...

General Motors Will Provide Buying Opportunity Despite The Strike

by elliottwave-forecast.com | September 22, 2019 8:20 pm
General Motor’s contract with the United Auto Workers expired late Saturday, leaving the union and company leadership to work out the next four-year contract. The situation has been all over the news which can be misleading for...

DJUSRE Break Above 2007 High and ProShares Ultra Real Estate ETF

by elliottwave-forecast.com | September 22, 2019 8:20 pm
DJUSRE (Dow Jones Real Estate Index) recently broke above 2007 peak and it would be a good time to revisit the article we published back in 2017 about Real Estate Index and highlighted the target area above...

The Dow Jones Transportation Index Is Sending Warnings

by elliottwave-forecast.com | September 22, 2019 8:20 pm
Hello fellow Traders. The Dow Jones Transportation Average is showing why the biggest acceleration across World Indices has already passed. The Elliott Wave Theory classic pattern is represented in the following chart which shows the idea of...