Elliott Wave View: Peloton ($PTON) The Next Leg Up

by elliottwave-forecast.com | March 3, 2020 5:24 pm
Peloton ($PTON) had a very nice run before topping December 2019, and could be ready for the next leg up.  The caveat with analyzing companies that have recently gone public is there is not much history to...

AUDJPY at 11 Year Low Amidst Coronavirus Fear

by elliottwave-forecast.com | March 2, 2020 4:02 pm
AUDJPY sank to 11 year low last week as the market is pricing in a drastically lower Australia’s growth outlook. The coronavirus outbreak around the world has disrupted everything from travel, supply chain, and daily activities. The...

AUDJPY : Multiple Time Frames to Identify a Trade Setup

by elliottwave-forecast.com | March 2, 2020 4:01 pm
AUDJPY Technical Analysis Every trader should always view the market in the “bigger picture” first. Viewing the market starting from a higher time frame down to a lower time frame will offer a trader a clearer picture of...

AUDUSD : Trading the Break Lower

by elliottwave-forecast.com | March 2, 2020 4:00 pm
AUDUSD Technical Analysis  On February 25/2020 I posted on social media (Stocktwits/Twitter) @AidanFX  “$AUDUSD watch for selling opportunities for extension lower .” AUDUSD 1 Hour Chart 2.25.2020 : The chart below was also posted on social media (StockTwits/Twitter)...

USDSGD Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | March 2, 2020 3:59 pm
Hello fellow traders. USDSGD is another forex pair that we have been trading lately . In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDSGD , published in members...

Elliott Wave View: Dow Jones Futures (YM_F) Target Lower

by elliottwave-forecast.com | February 28, 2020 4:51 pm
Short term Elliott Wave view in Dow Futures (YM_F) suggests the Index ended the cycle up from October 3, 2011 low in wave (III) at 29543 high.  The index is correcting that cycle in wave (IV) as...

Elliott Wave View: S&P Futures ($ES_F) Downside Target

by elliottwave-forecast.com | February 27, 2020 4:40 pm
Short term Elliott Wave view in E-mini S&P 500 (ES_F) suggests the Index ended the cycle up from June 3, 2019 low in wave ((3)) at 3397.50 high. The index is correcting that cycle in wave ((4))...

Beyond Meat Inc (NASDAQ: BYND) – Starting an Impulsive Cycle

by elliottwave-forecast.com | February 26, 2020 4:28 pm
Beyond Meat Inc (NASDAQ: BYND) is a producer of plant-based meat substitutes including products designed to simulate chicken, beef, and pork sausage. After IPO, BYND surged 250% for 3 months then it came down erasing all gains and settling around 15% on December...

Elliott Wave View : GDX Looking to Extend Higher

by elliottwave-forecast.com | February 26, 2020 4:27 pm
Short term Elliott wave view in GDX ETF suggests the rally from January 14, 2020 low in wave (3) has ended at 31.98 high. The cycle unfolded as a 5 waves impulse Elliott Wave structure. Up from January...

Elliott Wave View: Nikkei (NKD_F) Reaching Support Area

by elliottwave-forecast.com | February 25, 2020 3:58 pm
Short term Elliott wave view in Nikkei (NKD_F) suggests the Index is doing a larger degree pullback to correct the cycle up from August 26, 2019 low in wave IV, which is unfolding as a flat. Wave...