The Micex Index Long Term Cycles and Bullish Trend

by elliottwave-forecast.com | August 19, 2020 4:16 pm
The Micex Index Long Term Cycles and Bullish Trend The Micex index has trended higher with other world indices since inception. The index remained in a long term bullish trend cycle into the December 2007 highs. It...

Nike Forecasting The Bounce Higher From Blue Box Area

by elliottwave-forecast.com | August 19, 2020 4:15 pm
In this technical blog, we are going to take a look at the past performance of the 1 hour Elliott wave charts of Nike ticker symbol: $NKE. In which, the rally from July 20, 2020 low ( $8830)...

Fastly Inc. ($FSLY) Correcting The March 2020 Cycle

by elliottwave-forecast.com | August 19, 2020 4:14 pm
The Corona Virus has provided some amazing opportunities for certain sectors.  Cloud computing is one of those sectors that have vastly outperformed the marketplace since the March 2020 low.  Fastly Inc is in the cloud computing business...

The Bovespa Index Long Term Cycles and Bullish Trend

by elliottwave-forecast.com | August 19, 2020 4:13 pm
The Bovespa Index Long Term Cycles and Bullish Trend The Bovespa Index has been trending higher with other world indices. Since inception the cycles have shown a bullish trend. In early years not seen on this chart it...

Forecasting The Bounce Higher in Soybean Futures (ZS_F)

by elliottwave-forecast.com | August 18, 2020 3:48 pm
In this blog, we are going to take a look at the Elliott Wave chart of ZS_F (Soybean Futures). The 4 hour chart update from August 9 shows that Soybean has ended the cycle from April 21...

Elliott Wave View: Gold Miners (GDX) Ready to Resume Higher

by elliottwave-forecast.com | August 18, 2020 3:48 pm
GDX 45 minutes chart below shows that the stock has ended the cycle from June 5 low as wave (3). The rally ended at 45.78 high. From there, the stock did a pullback in wave (4), which...

Supply Problems and Weak Dollar Buoy Sugar Prices

by elliottwave-forecast.com | August 17, 2020 3:34 pm
Since the corona virus hit in March earlier this year, price of Sugar future (SB) has remained depressed as demands projected to plummet. Prices fell sharply lower at 42% to 9.2 cents per pound in April. Over...

$DAX Found Buyers After Elliott Wave Zig Zag Pattern

by elliottwave-forecast.com | August 17, 2020 3:34 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of DAX, published in members area of the website.  As our members know, we’ve been calling rally in...

USDCAD : Market Patterns Signalling the Move Lower

by elliottwave-forecast.com | August 17, 2020 3:33 pm
The chart below of the USDCAD pair was posted on social media StockTwits/Twitter @AidanFX July 21 2020 showing that a bearish market pattern (light blue descending triangle) formed and triggered SELLS when price broke below the triangle....