BAC Elliott Wave Analysis: Blue Boxes calling the reaction lower

by elliottwave-forecast.com | February 21, 2019 9:26 pm
Today, I want to share with you some Elliott Wave charts of the Bank of America stock ( BAC ), which we presented to our members at Elliott Wave Forecast. You see the 1-hour updated chart presented to our clients on the 02/13/19...

SPY : The Index Heading for All-Time High

by elliottwave-forecast.com | February 21, 2019 9:12 pm
The ETF is rallying from the blue box after forming the low on 12.26.2018, Blue box is an area where buyers and sellers agree in the next direction. We have developed a system in which we present...

Elliott Wave View: Gold Looking to break 2018 High

by elliottwave-forecast.com | February 20, 2019 9:03 pm
We have highlighted the possibility that Gold can quickly retest the high in 2018. The chart below shows the yellow metal has broken above a long term bearish channel from Sept 5, 2011 high. In addition, it...

EOS Token Price Looking for A Technical Recovery

by elliottwave-forecast.com | February 19, 2019 8:55 pm
The EOS token is the cryptocurrency of the EOS network which is using the blockchain technology architecture to enable vertical and horizontal scaling of decentralized applications. 2018 was the worst year for cryptocurrency investors as the market...

Elliott Wave View: S&P 500 (SPX) Rallies as an Impulse

by elliottwave-forecast.com | February 19, 2019 8:15 pm
Since bottoming at 2346.58 on December 26, 2018,  S&P 500 (SPX) has rallied 18% in less than 2 months. The structure of the rally appears like an Impulse Elliott Wave structure. An Impulse structure is a 5...

$SPX: Who is Right? The Fed or President Trump

by elliottwave-forecast.com | February 19, 2019 8:08 pm
The S&P 500 ($SPX) had the worst December in history as the market got nervous. Many started to guess the possible reasons and came up with many different arguments. There were several reasons like the trade wars...

Nikkei Elliott Wave Zigzag Pattern Within February Cycle

by elliottwave-forecast.com | February 18, 2019 9:06 pm
Nikkei Elliott Wave Zigzag Pattern Within February Cycle Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of NIKKEI . Break of February 5th peak has made...

USDPLN Buyers In Control as October High Breaks

by elliottwave-forecast.com | February 17, 2019 7:19 pm
USDPLN has rallied strongly over the past 2 weeks which resulted in a break of October 2018 peak. In this blog, we will take a look at the mid-term and short-term Elliott wave structure of this Forex...

USDCAD : Possible Breakout Higher?

by elliottwave-forecast.com | February 17, 2019 7:18 pm
USDCAD BUY/LONG Trade Setup: USDCAD is forming a bullish inverted Head and Shoulders market breakout pattern. Price has already broke above the neck line which can be a signal that possibly more bulls will be entering LONGS...

S&P 500 Forecasting The Path

by elliottwave-forecast.com | February 14, 2019 8:36 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of SPX, published in members area of the website.  Back in December 2018 we were calling cycle from...