Canopy Growth Corporation (NYSE: CGC) Bullish Cycle in Progress

by elliottwave-forecast.com | April 3, 2019 10:18 am
Canopy Growth Corporation (NYSE: CGC) Bullish Cycle in ProgressCanopy Growth Corporation (NYSE : CGC) is a Canadian cannabis company. The company was known as Tweed Marijuana Inc. then it was renamed in 2015. As of late September...

Elliott Wave View: Oil Can see Profit Taking Soon

by elliottwave-forecast.com | April 2, 2019 7:02 pm
After forming the low on December 24, 2018 low at $42.36, Oil has continued to recover. The rally from Dec 24 last year looks to be unfolding as a zigzag Elliott Wave Structure. The instrument should soon...

Bitcoin Jumps Sharply by 23%. Is the Bear Market Over?

by elliottwave-forecast.com | April 2, 2019 7:02 pm
Today the price of Bitcoin suddenly jumped a massive 23% within 2 hours to reach the highest level in 4 months. The crypto-currency has also added over $14 billion to its market value in the last 24...

Markets Turning Lower as US Yield Curve Inverts

by elliottwave-forecast.com | April 1, 2019 3:22 pm
In the last FOMC meeting, the Fed turned cautious and said they will not raise benchmark interest rate this year. In addition, balance sheet normalization will also end in September from an “auto-pilot” approach. Normally the market...

DAX Forecasting The Rally And Buying The Dips In Blue Box

by elliottwave-forecast.com | March 28, 2019 6:06 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of DAX, published in members area of the website.  As our members know, the Index has incomplete bullish...

Elliott Wave View: Nasdaq (NQ_F) Showing Signs of Rolling Over

by elliottwave-forecast.com | March 28, 2019 6:06 pm
Nasdaq (NQ_F) is showing a preliminary sign that the cycle from December 26, 2018 low has ended. After forming the high at 7544.68 on March 22, 2019, the Index has started to turn lower. The first leg...

Elliott Wave View: Further Strength Ahead for 10 Year Notes (ZN_F)

by elliottwave-forecast.com | March 27, 2019 7:13 pm
Short term Elliott Wave view on Ten Year Treasury Notes (ZN_F) suggests that the rally from January 18, 2019 low (121.02) is unfolding as an Impulse Elliott Wave structure. The Notes is currently within wave (3) of...

Elliott Wave View: High Frequency Box Suggested NASDAQ Rally

by elliottwave-forecast.com | March 27, 2019 7:12 pm
Hello fellow traders. Today, I want to share some Elliott Wave charts of Nasdaq Futures (NQ_F) which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 03/08/19....

ZN_F Elliott Wave Analysis, USDJPY and SPX

by elliottwave-forecast.com | March 26, 2019 6:12 pm
ZN_F has rallied throughout March so in this blog, we will take a look at the Technical outlook for ZN_F (US 10 Year Note Futures), present Elliott wave count and also correlate it with USDJPY and $SPX...