Another blog on a great looking Energy producer. Yes, this sector has been under a strong bearish trend. But, there are some names that have better structures than others. Penn Virginia Corp chart has a great technical...
Short term Elliott Wave View in Silver (XAGUSD) suggests that cycle from August 7 peak is unfolding as a triple three Elliott Wave structure. In the 60 minutes chart below, the metal ended wave ((X)) ((X)) at...
$FXY Longer Term Elliott Wave Cycles Firstly the $FXY instrument inception date was 2/12/2007. The instrument tracks changes of the value of the Japanese Yen versus the US Dollar. There is plenty of data going back into...
By Elliott Wave International On Oct. 19, the DJIA had been trading higher for much of the morning, but by the last hour of trading, the index was more than 400 points in the red. During that...
Short term Elliott Wave View in ASX 200 (XJO) suggests that cycle from September 22, 2020 low is in progress as a 5 waves impulse structure. In the 30 minutes chart below, Index ended wave ((2)) of...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of GOOGLE stock ( $GOOGL) published in members area of the Elliottwave-Forecast . As our members know, GOOGLE stock is trading higher...
Government and corporations around the world continue to accumulate unsustainable debt. Since it’s unthinkable for developed countries such as the United States to default on the obligation, the only way out of this situation is to continue...
Bitcoin has been rallying for the last few weeks and this week it managed to make a new high above August 17, 2020 peak. The low seen on 8th September 2020 was $9825 and this week’s high...
Nokia is a Finnish multinational telecommunications, consumer electronics and information technology company. Founded 1865, it is headquartered in Espoo, Finland. Investors can trade it under the ticker $NOKIA at Nasdaq Nordic OMX and at Euronext Paris. The...
Drawing The Blue Box in the Russell In the London updated, the Russell showed possible flat correction to complete the wave (2). That is because wave B reaction was strong near to the level of (1), classic...