Recall in our previous article we said U.S. Indices, specifically S&P 500 E-Mini Futures (ES_F), likely won’t break last year’s high yet. From the technical side, the chart below shows why the current level around 2700 presents a...
BP Cycles and Elliott Wave from February 2016 Firstly I would like to mention the data I have on the BP stock goes back to around 1968 when prices were ranging around in between 1 & 2...
Shopify (NYSE:SHOP) is an electronic commerce company offering online stores and retail point of sale platform designed for small and medium-sized businesses. Merchants can design, set up and manage their shops using a single interface which make is an...
The Energy Sector ETF, XLE, remains bullish in the near term. From the lows of $53.25 on 12/24/2018 we are charting a zigzag Elliott wave pattern. The target to the upside is $72.25 while the $61.30 low...
FTSE short-term Elliott wave view suggests that a rally from 12/27/2018 low (6536.53) is unfolding as a zigzag structure where initial rally to 7001.94 high ended wave A in 5 waves structure. Down from there, wave B...
Elliott wave view in General Electric (ticker symbol: $GE) suggests that the rally from December 11.2018 low ($6.66) is unfolding as Elliott wave zigzag structure when the first leg of a bounce ended in lesser degree 5...
Many Elliott wave practitioners call every WXY structure a double zigzag structure when in reality, every WXY structure is not a double zigzag structure. In this blog, we explain the difference between a double zigzag Elliott wave...
NZDCAD remains bullish as long as today’s low (0.9008) remains untouched. On the 1 hour chart there are clear visible bullish patterns that can be seen. In the chart below, market patterns are used to determine where...
$SPY : More Volatility Still To Come Due to Market Nature Looking at the Monthly chart of the Index, we can conclude that most Volatility is still to come. The Market by nature advances with the trend...
Elliott wave view in Facebook (ticker symbol: $FB) suggests that the rally from December 24.2018 low ($122.55) is unfolding as Elliott wave zigzag structure. The first leg of a zigzag structure ended in wave ((A)) at $152.43...
