NetEase Inc. ($NTES) Strong Bullish Trend

by elliottwave-forecast.com | September 18, 2020 4:07 pm
Cloud computing is one of the sectors that have vastly outperformed the marketplace since the March 2020 low.  NetEase Inc is in the cloud computing business, focused on community, communications, commerce and video games.  Lets take a...

Elliott Wave View: Correction in Oil Completed

by elliottwave-forecast.com | September 17, 2020 3:32 pm
Elliott Wave View of Oil (CL) suggests the cycle from August 26 high has ended as wave II. The correction unfolded as double three Elliott Wave Structure. Down from August 26 high, wave ((W)) ended at 40.22 low....

Forecasting The Rally Higher For Palladium

by elliottwave-forecast.com | September 16, 2020 3:57 pm
In this blog, we are going to take a look at the Elliott Wave chart of Palladium (PA_F). The 1 hour NY Midday chart update from September 3 shows that wheat has ended the cycle from August...

The Market Timing and The US General Elections

by elliottwave-forecast.com | September 16, 2020 3:56 pm
Many World Indices, Stocks and ETFs have been rallying since the March 2020 lows. As we always say at EWF: “Nothing lasts forever nor runs in a straight line  – when it comes to the market”. In...

NZDJPY Made Bounce After Elliott Wave Zig Zag Pattern

by elliottwave-forecast.com | September 16, 2020 3:55 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDJPY, published in members area of the website.  As our members know, NZDJPY has recently given us 3 waves pull...

Elliott Wave View: FTSE Rally Likely to Find Sellers

by elliottwave-forecast.com | September 15, 2020 3:13 pm
Elliott Wave View of FTSE suggests the Index ended the cycle from August 12 high as wave ((a)) at 5778.40 low. The subdivision of the decline unfolded as 5 waves impulse Elliott Wave Structure. Down from wave...

$CPER Copper Index Tracker Long Term Corrective Cycles

by elliottwave-forecast.com | September 14, 2020 3:46 pm
$CPER Copper Index Tracker Long Term Corrective Cycles Firstly the CPER Copper Index Tracking instrument has an inception date of 11/15/2011. There is data in the HG_F copper futures before this going back many years. That shows copper...

$USO United States Oil Fund Longer Term Cycles & Elliott Wave

by elliottwave-forecast.com | September 14, 2020 3:46 pm
$USO United States Oil Fund Longer Term Cycles & Elliott Wave Firstly the USO instrument inception date was 4/10/2006. CL_F Crude Oil put in an all time high at 147.27 in July 2008. USO put in an...

EURGBP : Using Market Patterns to Trade the Move Higher

by elliottwave-forecast.com | September 14, 2020 3:45 pm
On September 3 2020 I posted on social media Stocktwits/Twitter @AidanFX  “LONGSIDE EURGBP”. The chart below was also posted September 3 2020 showing that bullish market patterns were visible on the 4 hour chart calling for a move...

NZDUSD : Possible Move Higher?

by elliottwave-forecast.com | September 14, 2020 3:44 pm
NZDUSD Technical Analysis September 9/2020 NZDUSD remains bullish as long as the August 20/2020 0.6488 low remains untouched. In this analysis of the NZDUSD pair, market patterns will be used to determine possible trade entries. In the...