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 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 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 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 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...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of CORN ( $ZC_F) published in members area of the elliottwave-forecast.com . As our members know, CORN ended cycle from the 352’3...
Short Term Elliott Wave view on Nike suggests the rally to $97.05 on October 23, 2019 high ended wave 1. This rally started from August 6, 2019 low (77.5) as a 5 waves impulse Elliott Wave structure. On...
A Flat is one of the corrective structures in the Elliott Wave Theory. It is in our opinion the most dangerous and also less reliable structure. The reason is because a Flat allow analysts and traders to...
Nikkei incomplete sequence from December 26, 2018 low and August 26, 2019 low, favoring further upside. A 100% Fibonacci extension from August 26, 2019 low comes at 23360 while 100% extension from December 26, 2018 low comes...
Goldman Sachs (NYSE : GS) is one of the top 5 banks in USA and it’s stock is currently up $25% year-to-date. Last year, GS was on the edge of breaking its bullish trend which was established since 2009 but...
