Taiwan Semiconductor (NYSE: TSM) Impulse Rally Calling More Upside

by elliottwave-forecast.com | November 27, 2019 10:11 pm
Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is the world’s largest dedicated independent (pure-play) semiconductor foundry and it’s located in the Hsinchu Science and Industrial Park in Hsinchu, Taiwan. In 2018, TSM spent the year in a corrective...

Elliott Wave View: Nasdaq (NQ_F) Extending Higher as Impulse

by elliottwave-forecast.com | November 27, 2019 10:10 pm
Elliott Wave View in Nasdaq (NQ_F) suggests that the rally from October 3, 2019 low is unfolding as 5 waves impulsive Elliott Wave structure. On the chart below, we can see wave 3 of the impulse from October 3 low...

Elliott Wave View: Bullish Sequence Suggests Supported SPX

by elliottwave-forecast.com | November 26, 2019 10:42 pm
Elliott Wave View in SPX suggests that the sequence in the index from December 26.2018 low remains incomplete to the upside suggests any dips should remain supported in 3, 7 or 11 swings looking for more upside....

$EWC iShares MSCI Canada ETF Long Term Cycles & Elliott Wave

by elliottwave-forecast.com | November 26, 2019 10:42 pm
$EWC iShares MSCI Canada ETF Long Term Cycles & Elliott Wave Firstly the EWC instrument inception date was 3/12/1996. The iShares MSCI Canada ETF seeks to track the investment results of an index composed of large and mid-sized companies...

Chesapeake Energy Corp (CHK) : Exxon Mobil Will Determine The Turn

by elliottwave-forecast.com | November 25, 2019 9:14 pm
CHK have been in a tremendous downside trend since peak at 2011 and has already missed an opportunity for a turn. The instrument is showing a very technical decline in 5 waves since the peak at 02.02.2011...

Elliott Wave View: Correction in Russell Should Find Buyers

by elliottwave-forecast.com | November 25, 2019 9:13 pm
Short Term Elliott Wave view on Russell (RTY_F) suggests that the Index ended wave 2 at 1463.14. The Index then resumes higher and ended wave 3 at 1613.60. The internal subdivision of wave 3 is unfolding as a...

USDCAD Forecasting The Rally From The Blue Box

by elliottwave-forecast.com | November 25, 2019 9:13 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDCAD  published in members area of the elliottwave-forecast . As our members know, USDCAD ended cycle from the 1.30122 low...

Kirkland Lake Gold Ltd. (NYSE: KL) New All-Time-High in Sight

by elliottwave-forecast.com | November 25, 2019 9:13 pm
Kirkland Lake Gold Ltd. (NYSE: KL) is gold mining growing company with highly productive yet low-cost mining operations in Canada and Australia. On October 9, Kirkland Lake announced record production for its third quarter of 2019. President and CEO...

Elliott Wave View: Impulsive Rally in 10 Year Notes (ZN_F)

by elliottwave-forecast.com | November 21, 2019 10:35 pm
Short Term Elliott Wave view on Ten Year Notes (ZN_F) suggests that the decline to 128 ended wave w. Wave x bounce is unfolding as a zigzag Elliott Wave structure. Wave ((A)) of x remains in progress...