The $QQQ Nasdaq Tracker Long Term Cycles & Elliott Wave

by elliottwave-forecast.com | April 6, 2020 4:52 pm
The $QQQ Nasdaq Tracker Long Term Cycles & Elliott Wave Firstly the QQQ instrument inception date was in March 1999. That was before it ended a larger cycle up from the all time lows in March 2000....

The $UUP Bullish Cycles from May 2011 Lows

by elliottwave-forecast.com | April 6, 2020 4:51 pm
The $UUP Bullish Cycles from May 2011 Lows Firstly the dollar tracking ETF fund $UUP  inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The $UUP ETF fund shows a low in...

COFFEE ( $KC_F ) Found Sellers After Elliott Wave Flat Pattern

by elliottwave-forecast.com | April 6, 2020 4:50 pm
Hello fellow traders. In this technical blog we’re going to take a look at the Elliott Wave charts of COFFEE Futures ( $KC_F ) published in members area of the website. The Commodity corrected the cycle from...

Elliott Wave View: EURJPY Has Resumed Lower

by elliottwave-forecast.com | April 3, 2020 3:41 pm
Short term Elliott Wave view in EURJPY suggests the decline from January 14, 2020 high is unfolding as a 5 waves impulse structure. Down from Jan 14 high, wave (1) ended at 116.13 and wave (2) bounce...

Sugar Elliott Wave View: Selling The Wave 4 Bounce

by elliottwave-forecast.com | April 2, 2020 3:56 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of Sugar, which we presented to members at elliottwave-forecast. In which, the decline from February 2020 peak, showed the lower low...

Elliott Wave View: EURAUD Can See More Downside

by elliottwave-forecast.com | April 2, 2020 3:55 pm
EURAUD shows incomplete sequence from March 19, 2020 high, favoring further downside. The internal of the decline from March 19 (1.98) high is unfolding as a double three Elliott Wave structure. Down from 1.98 high, wave ((W))...

Expedia: The Stock Shows Classic Elliott Wave Pattern

by elliottwave-forecast.com | April 1, 2020 4:21 pm
Expedia is showing a well-defined Elliott Wave pattern across the market place. The Elliott Wave Principle is a form of technical analysis which we use to analyze price action and forecast the future path. Ralph Nelson Elliott...

Elliott Wave View: EURUSD Bounce May Extend

by elliottwave-forecast.com | April 1, 2020 4:20 pm
EURUSD shows an incomplete sequence from Feb 16, 2018 high favoring further downside while below March 9 high (1.1496). Near term, the decline from March 9, 2020 high (1.1496) ended wave ((1)). Bounce in wave ((2)) is...

Intel ($INTC): Strength before more weakness

by elliottwave-forecast.com | April 1, 2020 4:19 pm
Intel is a very important component for the Semiconductor industry.  It is the #2 holding in in both the SOXX ETF, and the SMH ETF.  With such a strong weighting in the overall sector, it has much...