Elliott Wave View Favors More Upside in BAC

by elliottwave-forecast.com | April 17, 2019 8:46 pm
Bank of America (BAC) shows an incomplete bullish sequence from December 25,m 2018 low, favoring further upside. In the short term update below, the rally from March 26, 2019 low ($26.61) to $29.50 unfolded as an impulse...

Intel Corporation (INTC) Bullish Structure Favors More Upside

by elliottwave-forecast.com | April 17, 2019 8:46 pm
Intel Corporation (INTC) Bullish Structure Favors More UpsideIntel Corporation (NASDAQ: INTC) is second largest and second highest valued chipmakers in the world. It designs and manufactures microprocessors and platform solutions for the global personal computer and data center...

Elliott Wave View: S&P 500 Futures Eyeing New All-Time High

by elliottwave-forecast.com | April 16, 2019 8:45 pm
Short term Elliott Wave view on S&P 500 Futures (ES_F) suggests that the rally from March 9, 2019 low (2726.50) is unfolding as a 5 waves impulse Elliott Wave structure. The Index is now within wave (3)...

WYNN Resorts Ltd. stock soaring Higher, Can It Continue?

by elliottwave-forecast.com | April 15, 2019 8:04 pm
Hello fellow traders. In today’s blog, we will have a look at the recent price action of the WYNN Resorts Ltd. stock. The stock is listed in the Nasdaq 100 and the S&P500. WYNN Resorts Ltd. is...

USDMXN Is Holding Down the USDX from Rallying

by elliottwave-forecast.com | April 15, 2019 8:04 pm
In today’s blog, we will have a look between the relationship of the Dollar Index and the Mexican Peso. The USDMXN has been trading in the same direction as the Dollar Index and both have peaked in January 2017....

Elliott Wave Structure Suggests XLE Topping Soon

by elliottwave-forecast.com | April 15, 2019 8:03 pm
XLE Topping Soon Taking a look at the recent Elliott wave structure in XLE suggests a top may be near. Starting from the 12/24/18 low at $53.25 the energy ETF shows a 5 wave impulse in wave...

Gold Miners (GDX) Ready for Breakout

by elliottwave-forecast.com | April 11, 2019 7:55 pm
Gold miners as a group is unpopular since it topped in 2011 together with Gold. One well-known Index which represents major Gold Miners is the GDX. The Index topped in 2011 at $67 and declined a massive...

Silver Elliott Wave View: Bearish Sequence and Invalidation

by elliottwave-forecast.com | April 11, 2019 7:55 pm
Silver has been bouncing since making a marginal new low on April 4, 2019. We publish a free Chart Of The Day from visitors of our websites every day from Monday – Friday. We showed Silver 1...

Elliott Wave View Favors More Upside in Facebook

by elliottwave-forecast.com | April 11, 2019 7:54 pm
Elliott Wave view on Facebook (ticker FB) suggests that the rally from March 19, 2019 low is unfolding as an impulse Elliott Wave structure. In the 1 hour chart below, we can see wave (2) of this impulse...

Sony Corporation (NYSE: SNE) Impulsive Structure Since 2012

by elliottwave-forecast.com | April 10, 2019 7:30 pm
Sony Corporation (NYSE: SNE) is a Japanese multinational conglomerate corporation. The Company has a diversified business primarily focused on the Electronics, Games, Entertainment and Financial Services. In this article, we’ll be looking at the technical Elliott Wave structure of...