BlackRock (NYSE: BLK) Strong Weekly Breakout To Upside

by elliottwave-forecast.com | November 22, 2024 4:32 pm
In our previous article, BlackRock (NYSE: BLK) was expected to continue the rally to the upside based on the bullish sequence created from 2022 low. In today’s video blog, we’ll go over the new development in the technical...

Gold (XAUUSD) puts buyers in profit from the blue box

by elliottwave-forecast.com | November 22, 2024 4:21 pm
Hello traders. Welcome to new blog post where we discuss trade setups across the major asset classes. In this post, we will discuss a recent setup on Gold (XAUUSD) for educational purposes. Gold is in an all-time...

“This is Going to Shock People!”: Avi Gilburt and Bob Prechter Chat

by ForexCycle.com | November 21, 2024 11:59 am
By Elliott Wave International “It’s going to make 2008 look like child’s play,” says ElliottWave Trader’s Avi Gilburt when discussing the precarious balance sheets of U.S. banks with Elliott Wave International’s Robert Prechter. In the just-released webinar...

XLY Responding Higher From The Elliott Wave Blue Box Area

by elliottwave-forecast.com | November 19, 2024 8:32 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of XLY We presented to members at the elliottwave-forecast. In which, the rally from the 23 October 2024 low unfolded as...

Will SoFi Technologies (SOFI) Continue Rally Or Correct Soon?

by elliottwave-forecast.com | November 19, 2024 8:23 pm
SoFi Technologies, Inc., (SOFI) provides various financial services in the US, Latin America & Canada. It operates through three segments; Lending, Technology Platform & Financial services. It is based in San Francisco, CA, comes under Financial Services...

Gold Miners Junior (GDXJ) Looking for Correction to End Soon

by elliottwave-forecast.com | November 19, 2024 8:15 pm
The VanEck Junior Gold Miners ETF (GDXJ) is an exchange-traded fund that tracks the overall performance of small-cap companies primarily involved in gold and silver mining. GDXJ includes a diverse portfolio of junior miners, which are smaller,...

Elliott Wave View Looking Further Downside in EURUSD

by elliottwave-forecast.com | November 19, 2024 8:07 pm
Short Term Elliott Wave View in EURUSD suggests cycle from 9.25.2024 high is in progress as a zigzag. Down from 9.25.2024 high, wave A ended at 1.076 and wave B rally ended at 1.09369. Wave C lower...

Shopify (SHOP) Rallied Suggesting Nest Completed.

by elliottwave-forecast.com | November 18, 2024 8:16 pm
Shopify Inc. is a Canadian multinational e-commerce company in Ottawa, Ontario. Shopify (SHOP) is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. The Shopify platform offers online retailers a suite of services including payments, marketing, shipping and customer engagement tools. Shopify ended a Grand...

Tesla Inc. ( $TSLA) Elliott Wave Analysis: The Rally and What’s Next

by elliottwave-forecast.com | November 18, 2024 7:43 pm
Hello everyone! In today’s article, we’ll examine the recent performance of Tesla Inc. ($TSLA) through the lens of Elliott Wave Theory. We’ll review how the rally from the November 4, 2024, low unfolded as a 5-wave impulse and discuss our forecast...

Deflation in China: Impossible to Ignore

by ForexCycle.com | November 14, 2024 4:06 am
By Elliott Wave International Deflation’s grip on the world’s second largest economy is getting tighter. As Bloomberg noted on Sept. 9: China’s Deflationary Spiral Is Now Entering Dangerous New Stage The demand for goods has been weakening....