SMI is a Swiss Market Index representing a capitalization-weighted measure of the 20 most significant stocks on the SIX Swiss Exchange in Zurich; the ticker is $SMI. The “COVID-19” drop in indices in February-March 2020 has marked most...
IBM has been trading within a corrective sequence lower since the peak on 03.11.2013. The decline is a clear 3-7-11 sequence, which comes with a lot of overlapping and choppy price action. We do believe a double...
At EWF, we believe the market works as a whole. Every instrument, symbol, or ETF is therefore related. Many traders do not track as many markets as we do, but through analyzing hundreds of charts every day,...
On October 27 2020 I posted on social media Stocktwits/Twitter @AidanFX “GBPCAD Watch for a move higher. Will be watching for possible buying opportunities.” The chart below shows bullish market patterns were visible and were calling for a move...
Every 4 years the elections arrive in the United States, the performance of the most important health indicator of the financial markets, such as SP500, is reviewed again. In recent years the SP500 has been well above...
Another blog on a great looking Energy producer. Yes, this sector has been under a strong bearish trend. But, there are some names that have better structures than others. Penn Virginia Corp chart has a great technical...
Short term Elliott Wave View in Silver (XAGUSD) suggests that cycle from August 7 peak is unfolding as a triple three Elliott Wave structure. In the 60 minutes chart below, the metal ended wave ((X)) ((X)) at...
$FXY Longer Term Elliott Wave Cycles Firstly the $FXY instrument inception date was 2/12/2007. The instrument tracks changes of the value of the Japanese Yen versus the US Dollar. There is plenty of data going back into...
Short term Elliott Wave View in ASX 200 (XJO) suggests that cycle from September 22, 2020 low is in progress as a 5 waves impulse structure. In the 30 minutes chart below, Index ended wave ((2)) of...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of GOOGLE stock ( $GOOGL) published in members area of the Elliottwave-Forecast . As our members know, GOOGLE stock is trading higher...
