Stocks and Economy: Why 2022 May Have Just Been the Preview

by ForexCycle.com | December 19, 2022 9:43 am
By Elliott Wave International The main show is likely about to begin. 2022 may have just been a preview of what’s ahead for stocks and the economy, which Robert Prechter’s Last Chance to Conquer the Crash warned about nearly...

NZDJPY Found Support At The Equal Legs Area & Reacted Higher

by elliottwave-forecast.com | December 15, 2022 7:12 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of NZDJPY. In which, the rally from 11 November 2022 low is unfolding as an ending diagonal structure and showed a...

Starbucks ($SBUX) Should Pullback At Any Moment

by elliottwave-forecast.com | December 14, 2022 2:52 am
Starbucks Corporation (SBUX) is an American multinational chain of coffeehouses and roastery reserves. It is the world’s largest coffeehouse chain. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of which were located in the United States. Out of...

HCA : Should It Be Ready For Next Rally ?

by elliottwave-forecast.com | December 12, 2022 4:57 pm
HCA Healthcare, Inc., (HCA) provides health care services company in the United States. The company operates general & acute care hospitals that offers medical & surgical services, including inpatient care, intensive care, cardiac care, diagnostic & emergency...

Pan American Silver (PAAS) Bottom Can be In Place

by elliottwave-forecast.com | December 12, 2022 4:47 pm
Silver (XAGUSD) has ended correction to the cycle from 2020 low and turning higher. This would suggest that silver miners most likely have formed the bottom as well. Below is the chart of Pan American Silver (ticker:...

0857: Can Oil Giant PetroChina Accelerate Higher?

by elliottwave-forecast.com | December 12, 2022 4:35 pm
PetroChina Company Limited  is a Chinese oil and gas company and is the listed arm of the state-owned China National Petroleum Corporation (CNPC). Behind only Saudi Aramco and before another Chinese company Sinopec, it is the second...

60% stocks, 40% bonds? Ha!

by ForexCycle.com | December 11, 2022 11:18 am
By Elliott Wave International In his February 2022 book, Last Chance to Conquer the Crash, Robert Prechter said: Countless advisors have counseled “diversification,” a “balanced portfolio” and other end-all solutions to the problem of allocating your investments. These...

XLK Perfectly Reacting Lower From The Blue Box Area

by elliottwave-forecast.com | December 8, 2022 5:38 pm
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of XLK. The decline from the 16 August 2022 high unfolded as an impulse sequence and showed a lower low sequence within...

Uranium ETF (URA) Still Has Not Confirmed Bottom

by elliottwave-forecast.com | December 6, 2022 6:13 pm
The long term fundamental background in the next few years for Uranium remains very good. With the world in energy crisis and in need of a green energy, Uranium offers an alternative source. One way to capitalize...