Elliott Wave View: Oil ($CL_F) Decline in Impulsive Structure

by elliottwave-forecast.com | January 9, 2020 4:00 pm
Elliott Wave view on Crude Oil ($CL_F) suggests rally to $65.69 on January 8, 2020 ended wave (1). This ended a 5 waves rally from October 3, 2019 low. Oil is now doing wave (2) pullback to correct...

NQ_F Buying Elliott Wave 4 Dip in Blue Box Area

by elliottwave-forecast.com | January 9, 2020 3:59 pm
NQ_F (Nasdaq Futures) made a sharp decline yesterday evening after New York closing and then reacted higher in a very strong manner. Our preferred Elliott wave count treats the dip last night as a Minor wave 4...

Elliott Wave View: Nikkei Finding Support

by elliottwave-forecast.com | January 8, 2020 4:22 pm
Elliott Wave view on Nikkei (NKD_F) suggests the rally to 24148 on December 17, 2019 ended wave ((1)). Index is now doing a wave ((2)) pullback and the internal is unfolding as double three Elliott Wave structure....

Advanced Micro Devices INC: $AMD Reaching Target Area

by elliottwave-forecast.com | January 8, 2020 4:21 pm
Advanced Micro Devices INC ($AMD) has been in a tremendous rally since the lows in 2015. The Instrument is rallying within the Grand Supercycle, and the target is between $50.32-$61.81 area. We have been calling this target...

Copper (HG_F) Buying The Dip From The Blue Box Area

by elliottwave-forecast.com | January 8, 2020 4:19 pm
In this blog, we’re going to take a quick look at the Elliott Wave chart of copper.  The chart from 1.3.2020 update showed that copper ended the cycle up from 11.15.2019 low at 2.6130 to 12.26.2019 high...

RTY_F (Russell Futures) Buying dips in Blue Boxes

by elliottwave-forecast.com | January 7, 2020 4:28 pm
Russell Futures (RTY_F) decline ended cycle from 12/3 and started pulling back. It dropped in 3 waves to 1659.40 and bounced. The bounced appeared corrective so we called for a double three Elliott wave correction lower which...

Elliott Wave View: Apple Cycle Remains Bullish

by elliottwave-forecast.com | January 7, 2020 4:27 pm
Elliott Wave view on Apple (ticker: AAPL) suggests the cycle from June 3, 2019 low remains bullish and the rally is unfolding as an impulsive Elliott Wave structure. On the 1 hour chart below, the rally to...

Bitcoin Elliott Wave View: Buying The Blue Box Area

by elliottwave-forecast.com | January 7, 2020 4:25 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of Bitcoin ticker symbol: $BTCUSD, which we presented to members at elliottwave-forecast.com. In which the rally from December...

Hecla Mining (NYSE: HL) Impulsive Rally in Progress

by elliottwave-forecast.com | January 6, 2020 4:34 pm
Hecla Mining (NYSE: HL) is a mining company engaged in the exploration and development of mineral properties also the mining and processing of silver, gold, lead and zinc. Since May 2019, HL established a strong reversal after it...

Barrick Gold Corporation (NYSE: GOLD) Looking for Further Upside

by elliottwave-forecast.com | January 6, 2020 4:32 pm
Barrick Gold Corporation (NYSE: GOLD) is the second-largest gold mining company in the world. As the precious metal price has been soaring recently, let’s take a look at the technical structure of the stock. GOLD established a major low...