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...

Sterling Volatility In Crucial Week of Brexit Talk

by elliottwave-forecast.com | December 6, 2017 1:24 pm
Sterling fell versus the dollar earlier this week as Brexit talk between the UK and EU falter at the last minute. British Prime Minister Theresa May is on the race to break the deadlock on the issue of...

Nasdaq Elliott Wave Analysis 12.6.2017

by elliottwave-forecast.com | December 6, 2017 12:14 pm
Nasdaq Intraday Elliott Wave view suggests that Intermediate wave (3) ended with the rally to 6429.5. Intermediate wave (4) pullback remains in progress to correct cycle from 8/21 low (5753.6) in 3, 7, or 11 swing before...

Dow Future Elliott Wave Analysis

by elliottwave-forecast.com | November 28, 2017 1:29 pm
YM_F Dow Short term Elliott Wave view suggests that Intermediate wave (4) ended at 23204. Rally from there is unfolding as a leading diagonal Elliott wave structure. Minute wave ((i)) ended at 23464, Minute wave ((ii)) ended at 23241, Minute wave ((iii)) ended at 23599,...

Chevron (CVX) Looking for New All Time Highs

by elliottwave-forecast.com | November 16, 2017 12:33 pm
Chevron Corporation (NYSE: CVX) is an American multinational energy corporation. It engages in integrated petroleum operations, chemicals operations, mining operations, power generation and energy services related to Oil and Natural Gas. Oil-company stocks tend to rise when oil...

CADJPY Short Term Elliott Wave Analysis

by elliottwave-forecast.com | November 15, 2017 12:30 pm
CADJPY Short Term Elliott Wave view suggests that Minor wave X ended at 87.78. Up from there, pair rallies as a double three Elliott Wave structure where Minute wave ((w)) ended at 89.8 and Minute wave ((x)) is in progress....

Petroyuan Can Accelerate the De-Dollarization

by elliottwave-forecast.com | November 15, 2017 12:17 pm
The move away from Petrodollar  In 1974, US President Richard Nixon and King Faisal from Saudi Arabia struck a deal. This deal gave birth to the petrodollar system which still lasts until this day.  The deal involves Saudi Arabia selling...

SPX Bounce from the 8/21 lows is Impulsive

by elliottwave-forecast.com | November 14, 2017 10:43 am
Hi fellow traders.  The $SPX Bounce from the 8/21 lows is impulsive as the title suggests and does display the usual characteristic traits of an Elliott Wave impulse. Looking back previously before this 8/21 date, the stock index is within an...

CADJPY Elliott Wave Analysis 11.14.2017

by elliottwave-forecast.com | November 14, 2017 10:28 am
CADJPY Elliott Wave view suggests that the decline to 87.78 ended Minor wave X. Pair starts a new rally from there as a double three Elliott Wave structure where Minute wave ((w)) ended at 89.8. Minute wave ((x)) pullback is currently...

Oil markets turn bullish with shift to backwardation

by elliottwave-forecast.com | November 10, 2017 12:36 pm
This week both Brent Crude and WTI (Light Sweet Crude Oil) made a new price high in more than 2 years with Brent Crude rising to $64 per barrel and WTI to $57 per barrel. These price gains come...