DAX Elliott Wave Analysis: Correction in Progress

by elliottwave-forecast.com | January 11, 2018 10:38 am
DAX Short Term Elliott Wave view suggests that Intermediate wave (X) ended at 12731.46. Rally from there is unfolding as a 5 waves impulsive Elliott Wave structure where Minutte wave (i) ended at 12943, Minutte wave (ii) ended at 12881.5,...

Why Oil Should Be Supported in Weekly Chart

by elliottwave-forecast.com | January 11, 2018 9:54 am
Hello fellow traders, in this blog post, we will discuss oil in a more bigger picture. In the chart below, you can see crude oil futures on the weekly chart. From the 02/08/2016 low, we can clearly see...

DAX Elliott Wave Analysis: Ending 5 Waves

by elliottwave-forecast.com | January 9, 2018 9:08 am
DAX Short Term Elliott Wave view suggests that the Index ended Intermediate wave (X) pullback at 12731.46. The rally from there is unfolding as a 5 waves impulse Elliott Wave structure where Minutte wave (i) ended at 12943, Minutte wave (ii)...

Gold is Ready for New Rally

by elliottwave-forecast.com | January 5, 2018 3:44 pm
Gold closed above $1,300 per ounce for the first time in 5 years as the U.S. dollar saw it’s worst decline over the past 14 years. Despite a strong start in 2017, XAUUSD spent most of the year in a sideways...

Bitcoin: Technical and Psychological Perspective

by elliottwave-forecast.com | January 5, 2018 3:37 pm
Hello fellow traders, in this blog post, we will discuss the most hyped cryptocurrency Bitcoin in a technical as well as psychological perspective. From the zero line, we are calling bitcoin completed in the super cycle blue wave (a)...

Nasdaq Elliott Wave Analysis: Ending Impulsive Move

by elliottwave-forecast.com | January 5, 2018 12:20 pm
Short Term Nasdaq Elliott Wave view suggests that the rally from 12/5 low unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X ended at 6383.25.  This week, the Index made a new high above...

Is the World coming to the end?

by elliottwave-forecast.com | December 29, 2017 12:20 pm
We now live in an interesting time. Every day we wake up with the news about either World Indices make all-time records or bad news about terrorist attack and nuclear test. Historically, humans have gone through these stages...

Nasdaq Elliott Wave Analysis: More Upside Favored While Above 6232.3

by elliottwave-forecast.com | December 29, 2017 11:19 am
Nasdaq Short Term Elliott Wave view suggests that the Index remains bullish as far as pullbacks stay above Intermediate wave (4) at 6232.3. Rally from Intermediate wave (4) low unfolded as a double three Elliott Wave structure where Minor wave W ended at...

Nvidia NVDA Correction is Around the Corner

by elliottwave-forecast.com | December 8, 2017 4:05 pm
The American semiconductors company Nvidia (NASDAQ: NVDA) is specialized is designing graphics processing units (GPUs) for the gaming, cryptocurrency, and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market. Nvidia...

Nasdaq Elliott Wave Analysis 12-8-2017

by elliottwave-forecast.com | December 8, 2017 1:30 pm
Nasdaq Short Term Elliott Wave view suggests that Intermediate wave (3) ended at 6429.5 and Intermediate wave (4) pullback is proposed complete at 6231.75.  Subdivision of Intermediate wave (4) is unfolding as a double three Elliott wave structure where Minor wave W ended at 6283, Minor...