XLI Blue Box Delivers Buying Opportunity, Targets New Highs

by elliottwave-forecast.com | July 28, 2026 4:59 pm
XLI (State Street Industrial Select Sector SPDR ETF) has been unfolding a bullish impulse from the March 30, 2026 low, maintaining a higher‑high sequence that favors continued upside. Our strategy guided members to avoid selling and instead...

MP Materials Forecast: Elliott Wave Signals a Buying Zone Near $26.96

by elliottwave-forecast.com | July 28, 2026 4:40 pm
MP Materials Corp., (MP) produces rare earth materials in the Western Hemisphere together with its subsidiaries. It operates in two segments: Materials & Magnetics. It comes under Basic Materials sector & trades as “MP” ticker at NYSE....

Critical Breakout Zone: SHOP Must Defend or Reject 137.30

by elliottwave-forecast.com | July 28, 2026 4:19 pm
SHOP may face mixed momentum next quarter as revenue trends stabilize and margins tighten. Investors will watch subscription growth and enterprise adoption because these segments drive recurring cash flow. Management guidance will matter, especially if it signals...

Carvana (CVNA) Elliott Wave Analysis: Wave II Targets $41.01

by elliottwave-forecast.com | July 28, 2026 4:12 pm
Carvana Co. (NYSE: CVNA) continues to show a constructive long-term Elliott Wave structure following the major decline that ended near the 2023 low. From that bottom, the stock developed a strong impulsive advance with multiple internal five-wave...

The Fibonacci Geometry Behind the WXY Structure

by elliottwave-forecast.com | July 27, 2026 3:38 pm
In technical analysis and Elliott Wave Theory, simple corrections like single A-B-C zigzags are easy to spot. However, financial markets frequently spend prolonged periods consolidating sideways, grinding price action through complex double corrections—labelled as WXY structures (or...

Hut 8 Corp (HUT) Bullish Reversal Targets $154

by elliottwave-forecast.com | July 23, 2026 3:14 pm
Hut 8 Corp (NASDAQ: HUT) more than doubled earlier this year. Then, it started a correction from its June peak. In today’s video blog, we inspect its current Elliott Wave structure. Our analysis explains the potential upside...

Textbook Precision: XLV Delivers Risk‑Free Setup

by elliottwave-forecast.com | July 21, 2026 3:49 pm
XLV (State Street Health Care Select Sector ETF) has been unfolding a bullish impulse from the April 29, 2026 low, showing a higher‑high sequence that favors more upside. Our strategy advised members to avoid selling and instead buy dips...

GBPCAD Rally: Perfect Reaction from the Extreme Area

by elliottwave-forecast.com | July 21, 2026 3:34 pm
GBP/CAD has spent the past few weeks tracing out a clean five-wave rally on the 1-hour chart, and now the pair looks to be working through the correction that typically follows a completed impulse. Here’s a breakdown...