Elliott Wave View of SPY suggests the rally from July 25,2020 low has ended at 339.61 high as wave 3. Afterwards, the ETF did a pullback in wave 4 to correct that cycle. The dip unfolded as zigzag Elliott...
SPY has ended the cycle from June 16 high in wave (2), which unfolded as a double three Elliott Wave Structure. From June 16 high, wave W ended at 305.85 low. Wave X bounce ended at 314.57...
In this technical blog, we are going to take a look at the past performance of Elliott Wave Charts SPY, which we presented to members at elliottwave-forecast. In which, the rally from 23 March 2020 low unfolded as...
Short Term Elliott Wave view in SPY (S&P 500 ETF) suggests the rally from 3.23.2020 ended at 296.77 as wave ((1)). Pullback in wave ((2)) is proposed complete at 273.07 as the 30 minute chart below shows....
The Emerging Market (EEM) trade within the same cycles as World Indices. However, when comparing it to Indices like $SPY and $SPX, EEM lag behind after it bottomed in 11.2008. Looking at the Grand Super Cycle price...
The $SPY has been trading higher since the summer of 2019’s correction. The Index has made new all time high as we have been forecasting at Elliottwave-Forecast.com. It is currently still trading within the Super Cycle degree...
A Flat is one of the corrective structures in the Elliott Wave Theory. It is in our opinion the most dangerous and also less reliable structure. The reason is because a Flat allow analysts and traders to...
The Elliott Wave Theory is famous for the 5 waves advance and 3 waves declined, as we are showing in the following chart: As we can see, there are 5 waves up, which each one comes with...
SPDR S&P 500 ETF (SPY) shows an incomplete sequence from June 3, 2019 low with a 100% extension target towards 306.3 – 313.2. In the chart below, we took the more aggressive view of the rally. We...
SPY. The Elliott wave Theory is a Technical Analysis method that traders use to analyze the market and located the trend by using the relationship between highs and lows and applying a system developed by Ralph Nelson...
