NASDAQ: Reacted Strongly From Elliott Wave Blue Box Area

by elliottwave-forecast.com | May 27, 2020 4:23 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of NASDAQ index, which we presented to members at elliottwave-forecast. In which, the rally from 22 March...

Elliott Wave View: Apple Remains Supported

by elliottwave-forecast.com | May 26, 2020 4:15 pm
Short term Elliott Wave chart of Apple (ticker: AAPL) below suggests that the pullback to 299.78 ended wave (4). The stock has resumed higher in wave (5) which is unfolding as an impulsive Elliott Waves structure. Up from...

DAX Elliott Wave Forecasting The Path

by elliottwave-forecast.com | May 25, 2020 2:23 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of DAX .  As our members know DAX has recently given us pull back against the March 8239.5...

Chipotle Mexican Grill (NYSE: CMG) – Target Around the Corner

by elliottwave-forecast.com | May 25, 2020 2:21 pm
Chipotle Mexican Grill (NYSE: CMG) has been able to adapt within the current  pandemic situation by adjusting its operations to handle digital orders and and made deliveries. Last week , the stock hit a record high, going over $1,000...

Elliott Wave View: Nasdaq Wave ((5)) In Progress

by elliottwave-forecast.com | May 22, 2020 3:58 pm
Short term Elliott Wave chart below suggests the dips to 8848.71 ended wave ((4)). This is part of a larger impulsive rally which started from 3.23.2020 low. Wave ((5)) is currently in progress as 5 waves in...

Inovio Pharmaceuticals Inc ($INO) Cycle Nearly Complete

by elliottwave-forecast.com | May 22, 2020 3:57 pm
The next entry in the theme of Corona Virus stocks is Inovio Pharmaceuticals Inc.  Inovio has had a steady advance during the COVID-19 spreading worldwide.  It also remains very technical as with all other stocks. Lets take...

RTY_F (Russell 2000) Forecasting The Bounce From Blue Box

by elliottwave-forecast.com | May 21, 2020 3:26 pm
In this blog, we are going to take a look at the Elliott Wave chart of RTY_F (E-mini Russell 2000). The 1 hour NY Midday chart update shows that the cycle from April 29 peak is unfolding...

Crude Oil Staging Furious Comeback

by elliottwave-forecast.com | May 21, 2020 3:25 pm
Crude Oil prices are staging impressive comeback after last month’s collapse to -$30. Sentiment in Oil has vastly improved in the past few weeks.  Hopes of the supply cut as well as demand rebound help to support...

Elliott Wave View: Further Downside in GBPNZD

by elliottwave-forecast.com | May 21, 2020 3:24 pm
GBPNZD broke below 3.19.2020 low (1.9899) creating an incomplete bearish sequence from 3.9.2020 high (2.182). Short term Elliott Wave View suggests the decline from 4.1.2020 high is unfolding as a 5 waves impulse Elliott Wave structure. Down...

Southwest Airlines (LUV): The Ending Diagonal and World Indices

by elliottwave-forecast.com | May 20, 2020 4:40 pm
In this article, we will take a look at Southwest Airline (ticker: LUV) stock. The airlines industry and stock have been battered due to the corona virus. We do understand that the Fundamentals might not look great...