How Much Farther Will US Dollar Rally?

by elliottwave-forecast.com | January 31, 2020 5:02 pm
The Dollar Index (DXY) continues to be firm and rallies higher since Dec 31.2019 low. Near term, it still has scope to extend higher towards 98.3 – 98.59 area which is the 100% – 123.6% Fibonacci extension...

Emerging Market (EEM) Likely Will See New Highs

by elliottwave-forecast.com | January 31, 2020 5:01 pm
The Emerging Market (EEM) trade within the same cycles as World Indices. However, when comparing it to Indices like $SPY and $SPX, EEM lag behind after it bottomed in 11.2008. Looking at the Grand Super Cycle price...

Elliott Wave View: Dow Jones Futures (YM_F) Ended Correction

by elliottwave-forecast.com | January 31, 2020 4:59 pm
Short term Elliott wave view in Dow Jones Future (YM_F) suggests that the Index has ended wave ((4)) correction at 28411. The internal of wave ((4)) unfolded as a double zigzag Elliott Wave structure. Wave (W) of...

Nvidia Corp (NVDA) Within Powerful Wave ((III)

by elliottwave-forecast.com | January 30, 2020 5:28 pm
Nvidia is one of those instrument across the market which has ended the Grand super cycle since the all-time low. The advance since the all-time low appears impulse or five waves advance which ended on 10.01.2018. As...

IYR Elliott Wave View: Buying The Wave 2 Pullback

by elliottwave-forecast.com | January 30, 2020 5:25 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of IYR, which we presented to members at elliottwave-forecast. In which, the rally from 16 December...

Elliott Wave View: Silver Has Scope for More Downside

by elliottwave-forecast.com | January 30, 2020 5:24 pm
Elliott wave view in Silver (ticker: XAGUSD) suggests that the sequence from January 8, 2020 high remains incomplete. As such, the metal still has scope to see more downside to reach the 100 – 123.6% Fibonacci extension...

Zendesk (NYSE: ZEN) – Aiming for New All time Highs

by elliottwave-forecast.com | January 29, 2020 4:58 pm
Zendesk (NYSE: ZEN) bullish trend since IPO is still in progress despite the 30% correction which took place last year. The Bulls remained in Control as the stock ended a corrective 3 swing move lower then started a...

BABA Elliott Wave: Buying The Wave Four Pullback

by elliottwave-forecast.com | January 29, 2020 4:57 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of BABA, which we presented to members at elliottwave-forecast.com. In which, the rally from October 2019 lows, showed the higher highs...