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...

EQT Corporation (NYSE: EQT) – Ending a Corrective Decline

by elliottwave-forecast.com | September 8, 2019 9:30 pm
EQT Corporation is one of the largest natural gas exploration and pipeline companies in United State. The Energy giant has more than 130 years of experience and it continues to be a leader in the use of...

UUP Bullish Cycles from May 2011 lows

by elliottwave-forecast.com | September 8, 2019 9:30 pm
UUP Bullish Cycles from May 2011 lows Firstly the dollar tracking ETF fund UUP  inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The UUP ETF fund shows a low in May...

Elliott Wave View: Impulsive Rally in Amazon (AMZN)

by elliottwave-forecast.com | September 8, 2019 9:30 pm
Short term Elliott Wave view in Amazon (AMZN) suggests that the rally from August 6, 2019 (1743.51) low is unfolding as a 5 waves impulsive Elliott Wave structure. We label the pullback to 1743.51 as wave (B). The...

Elliott Wave View: Ten Year Notes (ZN_F) Resumes Higher

by elliottwave-forecast.com | September 2, 2019 9:45 pm
Short Term Elliott Wave structure in 10 Year Notes (ZN_F) suggests the pullback to 129.28 ended wave 4. The note has resumed higher in wave V. The internal subdivision of wave V is unfolding as a 5...

Gold Broke to New All-Time High Against Most Major Currencies

by elliottwave-forecast.com | September 2, 2019 9:45 pm
Great Year for Precious Metals Year 2019 certainly has been a good year for the Gold bulls. The metal accelerated its rally after President Trump announced 10% tariffs on the remaining $300 billion of Chinese imports. China...

Swedish Krona and Singapore Dollar Cycles Support DXY

by elliottwave-forecast.com | September 2, 2019 9:45 pm
US Dollar has been rallying strongly against Swedish Krona and Singapore Dollar for the past couple of months and have broken above significant peaks so in this blog, we would take a look at the cycles and...

Canopy Growth Corporation – Investment Opportunity Around the Corner

by elliottwave-forecast.com | September 2, 2019 9:45 pm
The world’s largest medical cannabis producer by market cap, Canopy Growth (NYSE : CGC) reported earning two weeks ago. While revenue surged by nearly 250% year over year to 90.5 million Canadian dollars, it was down 59% from the previous...

BMW AG Stock Sending Warning To German Automobile Sector

by elliottwave-forecast.com | September 2, 2019 9:45 pm
Hello fellow traders. In today’s blog, we will have a look at the BMW stock. In my previous blog, we discussed the possibility in the Daimler stock and why the biggest rival is under pressure and should remain...