Stocks and ETFs follow the same code in the market same as the rest of financial instruments like Forex. Every 5 waves impulsive structure is followed by a technical corrective sequences which come in 3-7-11. At the end of...
CL_F Elliott Wave short-term view suggests that the decline to 61.80 on 4/06/2018 low ended Intermediate wave (2). Above from there, Intermediate wave (3) remains in progress as Zigzag Elliott Wave structure. Looking to extend higher towards 70.43-72.47...
The $SPX trend is to the upside but the Index ended the cycle from 2.2016 and like every other Index, it is correcting that cycle. In Elliott Wave Theory, corrections run in the sequences of 3-7-11 swings and...
By Elliott Wave International The choppy rise in the stock of Hershey — and the sharp recent breakdown — speak volumes to an observant Elliott wave investor. See if you can spot the tell-tale signs… Click the...
USDCAD Elliott Wave short-term view suggests that the bounce to 1.2942 high ended Intermediate degree wave (2). Then the decline from there is unfolding in an impulse sequence with an internal sub-division of each leg lower is showing 5...
Rising Geopolitical Tension between U.S. and Russia The geopolitical tension between the United States and Russia escalated rapidly in the past two weeks. Two weeks ago, the U.S. Treasury Department announced fresh sanctions against Russian oligarchs and...
By Elliott Wave International The stock of Ferrari has been rising strongly since 2016. Can you spot the Elliott wave pattern? It has profound implications for the trend in RACE from here… Click the chart below to...
Hello Fellow Traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURNZD published in members area of the website. We’re going to explain the forecast and Elliott Wave...
New U.S. Sanctions Hurt Russia’s Ruble and Benchmark Index Last Friday, as part of the U.S. effort to punish Moscow for “malign activity around the globe”, the U.S Treasury Department targeted numerous Russian oligarchs, officials, and companies...
Gold short term Elliott Wave view suggests that the yellow metal is in a sideways move, typical characteristic of a triangle Elliott Wave structure. A triangle is a sideways range structure with ABCDE label. In the case...
