Elliott Wave: SPX Decision Time Is Coming Soon

by elliottwave-forecast.com | November 29, 2018 6:48 pm
The SPX Index is trading within a Blue Box in our system, these boxes are areas in which the Market needs to define whether it will become an Impulsive sequence which runs in 5-9-13 waves or corrective sequence...

Elliott Wave Analysis: Amazon Rally Should Fail for Yet Another Low

by elliottwave-forecast.com | November 28, 2018 7:37 pm
Short term Elliott Wave View in Amazon (ticker: AMZN) suggests that the bounce to 1784 ended Cycle degree wave x. Cycle degree wave y is currently in progress lower as a double three Elliott Wave structure. Down...

Copper Elliott Wave View: Found Sellers in Blue Box

by elliottwave-forecast.com | November 28, 2018 7:09 pm
In this blog, I want to share some short-term  Elliott Wave charts of Copper which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 10/20/18  indicating that Copper ended the...

USDX Forecasting The Rally After Pull Back

by elliottwave-forecast.com | November 26, 2018 5:53 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDX published in members area of The Website. As our members know, USDX has incomplete bullish sequences. Break...

G20 Meeting May Dictate Path of Stock Market for Rest of the Year

by elliottwave-forecast.com | November 26, 2018 5:52 pm
Global Indices continue to retreat in the fourth quarter of this year as the combination of Fed’s quantitative tightening and escalating trade wars threatens to derail the 10 year bullish market. Below is the Year-to-Date return of...

CADJPY Elliott Wave: Incomplete Sequence Calling Lower

by elliottwave-forecast.com | November 22, 2018 8:19 pm
CADJPY short-term Elliott wave view suggests that a bounce to 87.00 on 11/08/2018 high ended intermediate wave (X). Down from there, the decline unfolded as double three structure where Minute wave ((w)) ended at 85.44 low as...

Amazon (AMZN) – Highlighting Next Area For Buyers

by elliottwave-forecast.com | November 22, 2018 4:22 pm
We recently wrote an article explaining why Mr Jeff Bezos had nothing to worry about after being down $45B in October’s market sell off and also stated the obvious fact that trend in Amazon (AMZN) is up...

Tesla Maturing Sideways Price Action?

by elliottwave-forecast.com | November 22, 2018 4:22 pm
Tesla ticker symbol: $TSLA short-term Elliott wave view suggests that Minor wave 3 ended at $349.20 high. Down from there, a pullback to $328.50 low ended Minor wave 4. The internals of that pullback unfolded as a...

XLY – Don’t Count the American Consumer Out Yet

by elliottwave-forecast.com | November 21, 2018 6:32 pm
The U.S. Consumer Measured Via the XLY “The U.S. economy is the global economic driver. And within the U.S. economy, the U.S. consumer is the global driver.” James P. Gorman We’re Entering In Negative Territory for 2018...