Eurostoxx Buying Dips in Blue Boxes and Forecasting The Rally

by elliottwave-forecast.com | December 24, 2019 5:39 pm
Back in September 2019, we said Eurostoxx break above July 25 2019 created an incomplete bullish sequence from December 27, 2018 low. This called for extension higher toward 3849 – 3993 area to complete the sequence from...

USDSEK Forecasting The Decline using Elliott Wave

by elliottwave-forecast.com | December 20, 2019 4:52 pm
In this blog, we will take a look at the recent price action of USDSEK since we published the short-term view for this pair in Chart of the day on 12.6.2019  Pair was showing an incomplete sequence...

BABA Forecasting The Rally From The Blue Box

by elliottwave-forecast.com | December 20, 2019 4:51 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of BABA Stock published in members area of the Elliottwave-Forecast.com .  As our members know, BABA is showing...

Elliott Wave View: GBPUSD Impulsive Decline Suggests More Downside

by elliottwave-forecast.com | December 20, 2019 4:49 pm
Short Term Elliott Wave view in GBPUSD suggests that the rally to 1.3516 ended wave ((A)). This rally ended cycle from 9.3.2019 low as a 5 waves impulsive Elliott Wave structure. Pair is now correcting cycle from...

Shopify (NYSE: SHOP) New All time Highs on the Horizon

by elliottwave-forecast.com | December 19, 2019 4:56 pm
Shopify (NYSE: SHOP) surged higher this year after a strong Breakout of a Bullish Flag which allowed the stock to rally almost 200%. Despite the 40% correction that took place since August, SHOP managed to recover and it’s...

CVX (Chevron) Getting Ready for a Rally

by elliottwave-forecast.com | December 19, 2019 4:55 pm
Similar to most instrument within the energy sector, Chevron (ticker: $CVX) is trading sideways to lower since the peak on 04.08.2019. $CVX is showing a five waves advance since the lows at $69.65, which happened on 08.24.2015....

World Indices Up and Running

by elliottwave-forecast.com | December 19, 2019 4:53 pm
As we have anticipated and communicated in every opportunity, world indices keep trading into new all-time highs. They should still continue to extend in years to come. It is easy to try picking the tops after the...

Elliott Wave View: Bullish Outlook in Alibaba

by elliottwave-forecast.com | December 19, 2019 4:52 pm
Elliott Wave view in Alibaba ($BABA) suggests that stock rallies as a 5 waves impulsive Elliott Wave structure from August 5, 2019 low. On the 1 hour chart below, we can see wave 3 of this impulse...

$YM_F ( Dow Futures) Elliott Wave: Forecasting The Rally From Blue Box

by elliottwave-forecast.com | December 18, 2019 11:20 pm
In this technical blog, we are going to take a look at the past performance of 1-hour Elliott Wave Charts of Dow Jones Futures ($YM_F), which we presented to members at elliottwave-forecast.com. In which, the cycle from 12/26/2018 low...

Elliott Wave View: DAX Pullback Should Find Buyers

by elliottwave-forecast.com | December 18, 2019 11:18 pm
Elliott Wave view in DAX suggests that Index shows an incomplete bullish sequence from December 27, 2018 low favoring more upside. On the 1 hour chart below, we can see the rally to 13374.27 ended wave 3...