QQQ Doing Strong Reaction Higher From Blue Box Area

by elliottwave-forecast.com | May 2, 2023 7:26 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of QQQ. We presented to members at the elliottwave-forecast. In which, the rally from 13 March 2023 low unfolded as an impulse structure....

Wells Fargo & Company (WFC) Sequence Remains Bearish

by elliottwave-forecast.com | May 2, 2023 7:14 pm
With the recent failure in Silicon Valley Bank and First Republic Bank, we will take a look at the U.S. banking sectors. In this article, we will update the long term outlook of Wells Fargo & Company...

TD: Short Term Bounce Should Fail & Resume Lower

by elliottwave-forecast.com | May 2, 2023 6:47 pm
The Toronto-Dominion Bank (TD) provides various financial products & services in Canada, US & internationally. It operates through three segments: Canadian retail, US retail & Wholesale banking. It is based in Toronto, Canada, comes under Financial services...

How Is The Real Estate Sector ($IYR) Calling For More Upside.

by elliottwave-forecast.com | May 1, 2023 6:15 pm
Hello Traders! Today, we will look at the shorter cycles of The Real Estate ETF ($IYR) and explain why the sector should remain supported for the next few weeks. This is how we saw it in March...

Is The Elliott Wave Principle Objective or Subjective?

by elliottwave-forecast.com | May 1, 2023 5:38 pm
The Elliott Wave Principle is generally considered to be a subjective tool for technical analysis. This is because the interpretation of the wave patterns and counts relies on the experience and analysis of the price movements. The...

PepsiCo (NASDAQ: PEP) Gains Momentum as market volatility subsides

by elliottwave-forecast.com | May 1, 2023 5:15 pm
With a market capitalization of over $200 billion, PepsiCo (NASDAQ: PEP) is a global leader in the food and beverage industry. It has recently broken into new all-time highs, indicating a potentially bullish outlook for the stock....

Microsoft (MSFT) Forecasting The Rally From The Blue Box Area

by elliottwave-forecast.com | May 1, 2023 4:55 pm
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Microsoft (MSFT) stock. As our members know, the stock is trading within the cycle from the November...

$OR: Cosmetics Manufacturer L’Oréal Remains Supported

by elliottwave-forecast.com | April 26, 2023 8:21 pm
L’Oréal S.A. is the world largest cosmetics and beauty company. Headquartered in Clichy, France, the field of activities concentrates on skin care, hair color, perfume, make-up, hair care, sun protection etc.  L’Oréal is a part of Euro...

GBPCAD Another Blue Box Offered Another Buying Opportunity

by elliottwave-forecast.com | April 25, 2023 7:10 pm
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPCAD. In which, the rally from the 10 February 2023 low unfolded as an impulse sequence and showed a higher high...