By Elliott Wave International Financial history shows that every bear market has been followed by a bull market and vice versa. So, the current bull market will end sooner or later. The prior two bull market tops occurred in...
Short Term Elliott Wave View in USDJPY suggests the rally from January 6 low is unfolding as a zigzag Elliott Wave structure. Up from January 6 low, wave A ended at 104.39 and wave B pullback ended...
Hello fellow traders. Another instrument that we have been trading lately is Wheat ( $ZW_F) . In this technical blog we’re going to take a quick look at the Elliott Wave charts of Wheat ( $ZW_F) ,...
As we always do at Elliottwave-Forecast, we look at the market as a whole. We track over hundreds of instrument around the world to get a more complete forecast. There is a degree of correlation among different...
$GME (Game Stop) has been in a tremendous rally since it reached the blue box buying around the $8.20 area. The market has changed, and there is no question computers have taken over the market. We have...
By Elliott Wave International If you’re a close observer of the metals market, you know that the price of silver has taken a tumble during the past several days. Elliott wave analysis was a big help in...
Palladium market continues to be in short supply for 9 straight years. The gap between mine supply and consumption in 2020 was around 1 million ounce of palladium. The chart below shows the deficit from 2011-2019 Palladium...
The Newmont Corporation Longer Term Bullish Cycles $NEM Firstly from the beginning of price data from back in the 1970’s not shown on the chart, the price trend was obviously up. It ended that bullish cycle in...
Pfizer Long Term Bullish Trend and Elliott Wave Cycles $PFE The Pfizer Long Term Bullish Trend and Elliott Wave Cycles suggest the stock price will be trending higher. The cycles project it should continue toward the April...
Deutsche Lufthansa AG is the largest German airline and behind Ryanair the second largest company in Europe in terms of the number of passengers. Founded in 1926 and headquartered in Cologne, Germany, it can be traded under the...