Tech Stocks and the Dot-com “Echo”

by ForexCycle.com | June 18, 2022 10:51 am
By Elliott Wave International The Wave Principle’s basic pattern includes five waves in the direction of the larger trend, followed by three corrective waves, as illustrated in both bull and bear markets below: You probably recall the...

UNFI : Expect Pulling Back Before Next Leg Higher

by elliottwave-forecast.com | June 17, 2022 2:06 pm
United Natural Foods Inc., (UNFI) together with its subsidiaries, distributes natural, organic, specialty, produce & conventional grocery & non-food products in the US and Canada. It operates in two segments, wholesale and retail. It is based Providence,...

Uranium Miners ETF (URA) Support Area

by elliottwave-forecast.com | June 16, 2022 2:31 pm
The long term fundamental background for Uranium is very promising. Shift towards green energy and less reliance on Russian’s oil should support Uranium. One way to capitalize on this opportunity is with the Uranium Miners ETF (URA). The...

$SIE: Siemens to Accelerate Higher amid Sanctions War?

by elliottwave-forecast.com | June 15, 2022 3:21 pm
Siemens SE is a German multinational conglomerate company and by revenue the largest industrial manufacturing enterprise in Europe. Company’s principal business divisions are Industry, Energy, Healthcare, Infrastructure & Cities. Founded in 1847 and headquartered in Munich, Germany,...

Houston American Energy Corp ($HUSA) Pulling Back Before Rallying

by elliottwave-forecast.com | June 15, 2022 3:04 pm
Houston American Energy Corporation stock enjoyed the impulsive rally the rest of the sector had in early 2022.  and has recently struck a low for the next move higher.  Lets take a look at what the company...

The Dow Industrials’ Big 8-Wave Cycle is Incomplete

by ForexCycle.com | June 15, 2022 4:05 am
By Elliott Wave International The Wave Principle’s basic pattern includes five waves in the direction of the larger trend, followed by three corrective waves, as illustrated in both bull and bear markets below: Keep in mind that...

Goldman (GS) Hit Our Target And We See More Downside To Come

by elliottwave-forecast.com | June 14, 2022 3:43 pm
The Goldman Sachs Group, Inc. (GS) is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting. The company invests in and arranges financing for startups, and in many cases gets additional...

Aussie and Swiss signals

by Luis Angeles | June 13, 2022 8:39 pm
Hi dear traders, My last position was neither that good, but I am enthusiastic about today as the market has been wild. I am trying to take advantage of the corrections. Said that, let’s check the market:...

USDCAD Elliott Wave : Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | June 13, 2022 3:24 pm
Hello fellow traders. Another instrument we have traded lately is USDCAD. As our members know, we’ve been favoring the long side in USDCAD due to incomplete bullish sequences the pair  is showing in the weekly cycle from...

Top Technical Tool: Japanese Candlesticks

by ForexCycle.com | June 11, 2022 4:53 am
By Elliott Wave International You may be familiar with an Open-High-Low-Close (OHLC) chart: comprised of vertical lines with small horizontal lines on each side. The top of each vertical line is the high and the bottom is...