COPPER ( $HG_F ) Forecasting The Decline From The Blue Box Area

by elliottwave-forecast.com | April 23, 2020 4:15 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of COPPER ( $HG_F ) published in members area of the website. As our members know, COPPER has given us...

Elliott Wave View: Bank of America (BAC) Resumes Lower

by elliottwave-forecast.com | April 22, 2020 3:49 pm
Elliott Wave view in Bank of America (BAC) suggests the decline from January 15, 2020 high is unfolding as a 5 waves impulse. Down from January 15 high, wave (1) ended at 32.47 and bounce in wave (2)...

Novavax ($NVAX) Riding The Waves

by elliottwave-forecast.com | April 22, 2020 3:46 pm
Continuing along the theme of Corona Virus stocks, this week Novavax Inc. is next up in line.  Novavax has gone parabolic with the COVID-19 spreading worldwide as with the other names I have covered.  It also remains...

ROKU (NASDAQ:ROKU) – New Bullish Cycle On The Horizon

by elliottwave-forecast.com | April 21, 2020 3:27 pm
Last year, the streaming TV ROKU (NASDAQ:ROKU) ended the entire rally since IPO as an impulsive 5 waves advance which is a bullish structure followed by a Double Three corrective structure. Based on the Elliott Wave Theory, after an...

$CPER Copper Index Tracker Elliott Wave & Long Term Cycles

by elliottwave-forecast.com | April 20, 2020 4:36 pm
$CPER Copper Index Tracker Elliott Wave & Long Term 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...

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

by elliottwave-forecast.com | April 20, 2020 4:35 pm
$USO United States Oil Fund Elliott Wave & Longer Term Cycles 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...

Apple ( $AAPL) Incomplete Bullish Sequences Calling The Rally

by elliottwave-forecast.com | April 20, 2020 4:34 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Apple stock, published in members area of the website.  As our members know, Apple has been showing...

EURJPY : Market Patterns Calling the Move Lower

by elliottwave-forecast.com | April 20, 2020 4:32 pm
EURJPY Technical Analysis  On April 14/2020 I posted on social media (Stocktwits/Twitter) @AidanFX  the SELL trade setup “Sell EURJPY @ 117.67 Stop Loss @ 117.93 Target @ 117.15” EURJPY 1 Hour Chart April 14.2020 : The chart below was...

EURJPY: Rejection in Blue Box Starts Next Leg Lower

by elliottwave-forecast.com | April 20, 2020 4:23 pm
EURJPY has been under pressure since forming a lower high 121.15 on 25th March. It is yet to break below 10th March low but the bounces look corrective which increase the likelihood of a break lower. Moreover,...

($TRAN) Dow Jones Transportation Holding A Bullish Pattern

by elliottwave-forecast.com | April 20, 2020 4:15 pm
The Dow Jones Transportation Average ($TRAN) is a running average of the stock prices of twenty transportation companies with each stock’s price-weighted to adjust for stocks and other factors. As a result, it can change at any time...