Russell Elliott Wave View: Impulse Rally Calling More Upside

by elliottwave-forecast.com | November 14, 2019 9:25 pm
Elliott Wave View on Russell index suggests that the rally from 10/03/2019 low is unfolding as a 5 waves impulse structure favoring more upside to take place. While above 10/03/2019 low, wave 1 ended at $1510.7 high...

Silver Elliott Wave View: Incomplete Sequence Calling More Downside

by elliottwave-forecast.com | November 12, 2019 8:32 pm
Short term Elliott Wave view suggests the rally in Silver ( $XAGUSD) to $18.32 high ended wave (X) bounce. Down from there, wave (Y) remains in progress & shows an incomplete sequence from 9/04/2019 peak ( $19.64)...

Gold Suffered Biggest Weekly Drop in 3 Years on Trade Prospect

by elliottwave-forecast.com | November 12, 2019 8:32 pm
Gold hit a three-month low last Friday as the metal loses its luster with increasing prospect of US-China phase 1 trade deal. Spot Gold was down 3.7% last week, its biggest weekly drop since November 2016. A...

Elliott Wave View: Bullish Sequence in DAX Favors Higher

by elliottwave-forecast.com | November 12, 2019 8:31 pm
Elliott Wave View on DAX suggests that the sequence in the Index from December 27, 2018 low remains incomplete. On the short term chart below, the pullback to 11878.98 on October 4 ended wave (2). The Index...

XLK Forecasting The Path & Buying The Dips In The Blue Box

by elliottwave-forecast.com | November 12, 2019 8:31 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of XLK  – Technology Select Sector , published at elliottwave-forecast. As our members know XLK has been showing ...

FXC Canadian Dollar Trust Long Term Cycles & Elliott Wave

by elliottwave-forecast.com | November 12, 2019 8:31 pm
FXC Canadian Dollar Trust Long Term Cycles & Elliott Wave Firstly the FXC instrument inception date was 6/26/2006. The instrument tracks changes of the value of the Canadian dollar relative to the U.S. dollar. It increases in value...

AUDCAD : Will the Pair Bounce Higher in 2020?

by elliottwave-forecast.com | November 6, 2019 10:32 pm
AUDCAD Technical Analysis November 3/2019 AUDCAD : There are clear visible bullish market patterns on the weekly chart but traders will still need to wait for more confirmation that a bottom will form. AUDCAD still needs to...

Elliott Wave View: Dow Jones Futures Ending 5 Waves Rally

by elliottwave-forecast.com | November 6, 2019 10:32 pm
Elliott Wave View on Dow Jones Future (YM_F) suggests the rally from October 3 low is unfolding as a 5 waves impulsive Elliott Wave.  On the 1 hour chart below, we can see wave ((iii)) of this...

Elliott Wave View: Bullish Outlook in Russell

by elliottwave-forecast.com | November 6, 2019 10:32 pm
Elliott Wave View on Russell (RTY_F) suggests the rally from October 3, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from Oct 3 low, wave ((i)) ended at 1510.7 and pullback in...