IBM, or International Business Machine Corporation, is a multinational technology company headquartered in Armonk, New York. IBM operates in over 175 countries and offers a wide range of products and services, including cloud computing, artificial intelligence, computer hardware,...
Caterpillar Inc., commonly known as CAT, is a leading American manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Caterpillar operates globally and is known for its extensive product line,...
MicroStrategy (NASDAQ: MSTR) is one of the top performing stocks in recent two years. In our previous article, we explained the impulsive structure taking place since 2022 low. In this article, we’ll take a look at the potential targets to the upside...
Short Term Elliott Wave View in EURUSD suggests that cycle from 4.16.2024 low is in progress as a 5 waves impulsive Elliott Wave structure. Rally to 1.12 ended wave (3) of the impulse. Pullback in wave (4)...
Hello traders, welcome to another ‘Blue Box’ blog post, where we review past trades taken by Elliottwave-Forecast members for educational purposes. In this post, we’ll discuss a recent trade setup on META. Meta Platforms, formerly Facebook, is...
The EURUSD pair has continued its downward trajectory, breaking below the significant 1.1068 support level and reaching a low of 1.1032. This move indicates that the bearish pressure on the euro against the dollar remains strong. As...
Short Term Elliott Wave View in Dollar Index (DXY) suggests that decline to 100.2 ended wave 1. Rally in wave 2 is in progress as an expanded flat Elliott Wave structure. Up from wave 1, wave (a)...
The GBPUSD pair has made a significant move, breaking below the crucial 1.3312 support level and extending its downward trajectory to reach a low of 1.3237. This development suggests that the upward move from 1.3001 may have...
Hello Traders! In this technical blog, we will follow up on the past performance of iShares 20+ Year Bond ETF ($TLT) forecast. We will also review the latest 4H count and explain why the ETF should remain supported....
Short Term Elliott Wave View in USDJPY suggests decline to 139.57 ended wave (W). Pair then corrected in wave (X) with internal subdivision as a double three Elliott Wave structure. Up from wave (W), wave ((w)) ended...
