Dow Jones Nearing Completion of 5 Waves Impulse

by elliottwave-forecast.com | June 12, 2018 2:44 pm
Dow Jones futures ticker symbol: $YM_F short-term Elliott wave view suggests that the pullback to 24227 low on 5/29/2018 ended Minor wave 4 pullback. Above from there, the rally is unfolding as impulse Elliott wave structure with extension in 3rd...

Nifty Elliott Wave View Showing Perfect 5 Waves Advance

by elliottwave-forecast.com | June 11, 2018 2:53 pm
NIFTY is trading in the powerful super cycle degree wave ((III) and should have further upside in the next few years. The rally started at 2009 low and we believe the cycle will continue until 2020-2022. The...

Google (GOOGL) : Elliott wave structure looking for $1250

by elliottwave-forecast.com | June 8, 2018 2:32 pm
Google is still within a powerful wave ((III) and in the process of ending a super cycle degree in the next few years. We believe the cycle which started at 2009 low will end sometimes between 2020-2022....

Australia Economy Beat Expectation

by elliottwave-forecast.com | June 7, 2018 2:56 pm
Australia Economy Posts Strong Q1 Growth Australia’s 1st quarter 2018 Gross Domestic Product is growing at 1.01%, beating the expectation of 0.9%. This is the largest increase since late 2011 and brings the year-on-year growth rate to...

Copper Elliott Wave View: Next Extension Higher may have started

by elliottwave-forecast.com | June 7, 2018 2:22 pm
Copper ticker symbol: HG_F short-term Elliott wave view suggests that the pullback to 3.0101 on 5/30/2018 ended Intermediate wave (2). The internals of Intermediate wave (2) unfolded as Elliott wave double three structure where Minor wave W ended at 3.0195. Minor...

FTSE Elliott Wave View: Buying Opportunity Soon

by elliottwave-forecast.com | June 6, 2018 2:42 pm
FTSE short-term Elliott wave view suggests that the rally to 7903.50 high on 5/22/2018 peak ended primary wave ((1)). This rally to 7903.5 starts from 3/23/2018 low and took the form of an impulse Elliott wave structure. The index is...

SPX Elliott Wave Analysis: Close To A Pullback?

by elliottwave-forecast.com | June 5, 2018 2:43 pm
SPX short-term Elliott wave view suggests that the rally from 4/02/2018 low (2553.8) is extending higher in 5 waves structure. These 5 waves are expected to be part of a leading diagonal structure within intermediate wave (1) higher. The move higher...

XLI Elliott Wave View: Dips Can Remain Supported

by elliottwave-forecast.com | June 4, 2018 2:43 pm
XLI: Industrial sector ETF short-term Elliott wave view suggests that the decline to 70$ on May 03 low ended cycle degree wave IV pullback. Above from there, the instrument rallied higher as an impulse and has scope to resume the cycle degree...

European Political Turmoil Headwind to Stock Market

by elliottwave-forecast.com | June 1, 2018 2:54 pm
Most World Indices spend time trading sideways in 2018. There are some exceptions such as FTSE from the U.K. and Russel from the U.S. which have been able to make a new high. Several factors however could...

USDJPY Elliott Wave view: Calling For Bounces To Fail Ahead of NFP?

by elliottwave-forecast.com | June 1, 2018 2:37 pm
USDJPY Short-term Elliott Wave view suggests that the rally to 111.40 on May 21 ended intermediate wave (A) as a Diagonal structure coming from March 26 low (104.52) cycle. Pair is currently correcting cycle from 3/26 low within Intermediate wave (B)....