$LMT : Lockheed Martin Provides Opportunity in Pullback

by elliottwave-forecast.com | November 8, 2021 4:01 pm
Lockheed Martin is one of the the largest defense, arms and aerospace companies based in the United States and the world. It employs approximately 110’000 people worldwide. The company operates mainly on four business segments, i.e., Aeronautics,...

Junior Gold Miners (GDXJ) Have Ended Correction

by elliottwave-forecast.com | November 8, 2021 4:00 pm
Gold and related miners formed a high on August 2020 and they have pulled back for more than 1 year. In our last article from 2 months ago, we provided a support area of $18.5 – $32.6. It...

AMD Stock : Buying The Pull Back At The Blue Box Area

by elliottwave-forecast.com | November 8, 2021 3:59 pm
Another good trading opportunity we have had lately is AMD stock. As our members know the stock is  showing impulsive bullish sequences in the cycle from the September 99.46 low.  Recently it made clear 3 waves  pull...

BAAKT ($BKKT) Bullish Potential On Tap

by elliottwave-forecast.com | November 4, 2021 3:42 pm
Another day, another meme stock rallies.  This week, Bakkt is the company I want to focus on.  This is another Crypto focussed stock.  However, it has a large deal behind it, being a Mastercard deal whereby Bakkt...

XLK Forecasting The Bounce Higher

by elliottwave-forecast.com | November 4, 2021 3:40 pm
In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of Technology ETF ticker symbol: $XLK. In which, the rally from 05 March 2021 low ended wave (3) in an impulse...

Nasdaq Futures: Forecasting The Rally from the Blue Box Area

by elliottwave-forecast.com | November 3, 2021 3:35 pm
Nasdaq futures rallied over 1600 points during the last 30 days of trading. It found a low at 14372 on October 4, 2021 and has not looked back since then. After a couple of tests of the...

Soybean Has Reached Support Area

by elliottwave-forecast.com | November 2, 2021 3:42 pm
The fundamental outlook for Soybean (ZS) and other agricultural commodities continue to look bright. The major cost component of agricultural commodities is the energy prices. Farmers require gasoline to operate their equipment, while natural gas is used...

$FXE EURO ETF Elliott Wave & Long Term Cycles

by elliottwave-forecast.com | November 2, 2021 3:41 pm
$FXE EURO ETF Elliott Wave & Long Term Cycles Firstly as seen on the monthly chart shown below the instrument made a high in April 2008. There is data back to December 2005 in the ETF fund. Data...

Elliott Wave View: CDEV Pullback Should Supported & Extend higher

by elliottwave-forecast.com | November 2, 2021 3:40 pm
Centennial Resource Development, Inc. ( CDEV ), is an independent Oil & Natural gas company from Energy Sector, focuses on the development of unconventional oil & associated liquid rich natural gas reserves in US. It trades under...