Elliott Wave View in S&P 500 E-mini Futures (ES_F) suggests the rally from 6.15.2020 low has ended at 3226.25 high as wave (1). Up from 6.15.2020 low, wave 1 ended at 3156.25 high and wave 2 dips ended...
S&P/TSX Composite is a Canadian stock market index representing roughly 70% of the market capitalization on the Toronto Stock Exchange. Under the ticker $TSX, one can track the market value of 250 most important companies. From 2009 to...
Kospi Cycles Longer Term Swing Count Remains Bullish The KOSPI Index in the long term has been trending higher with other world indices since inception in 1983. The index began with a base value set at 100 and...
In this blog, we are going to take a look at the Elliott Wave chart of EURGBP. The 1 hour NY Midday chart update from July 6 shows that the pair has ended the cycle from April...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Microsoft Stock ($MSFT). As our members know, MSFT has been showing bullish impulsive sequences within the cycle...
British Pound Sterling gained last week against major currencies as positive headlines on Brexit negotiations start to trickle. The chart below shows the gain of Pound Sterling against some major currencies: One of the positive developments came...
Light Crude Oil 45 minutes chart below shows that the commodity has ended wave (2) pullback at 37.09 low. From there, the commodity extended higher, with the rally unfolding as a diagonal Elliott Wave structure. Up from that...
The Corona Virus has had its toll on the marketplace in general. But some select names have remained resilient through the decline, DraftKings is one of those names. Draftkings went public on April 24/2020. The announcement was...
Amazon (AMZN) 30 minutes chart below shows that the stock has ended the cycle from June 29 low. The rally in wave 1 unfolded as a 5 waves Impulse Elliott Wave structure. Up from 2630.28 low, wave ((i)) ended...
CAC40 is a French stock market index representing a capitalization-weighted measure of the 40 most significant stocks on the Euronext Paris; the ticker is $PX1. The drop in indices in February-March 2020 which many still relate to COVID-19...