Amazon (ticker: AMZN) shares price has recovered most of the losses due to the weak earnings. Short Term Elliott Wave view suggests the drop to $1617.71 ended wave II. This drop has ended the entire correction which...
Hello fellow traders. In today’s blog, we will have a look at Boeing and the recent price action. The Boeing Stock peaked in March,1,2019 and since then have been trading lower in a series of lower lows...
Hello fellow traders. In today’s blog, we will recap a blog I did last month about Lufthansa. In that blog, I talked about the reasons why the stock should remain weak in the coming weeks and months....
Nikkei shows Elliott Wave bullish sequence from December 26, 2018 low and August 26, 2019 low. This suggests that buyers are in control and favors further upside in the Index. The pullback to 21079 ended wave ((2))...
Bank of America (ticker: BAC) shows an Elliott Wave bullish sequence from August 15, 2019 low, favoring further upside. The decline to 27.19 ended wave (2) and the stock has resumed higher in wave (3). The internal...
USDMXN has been within a multi-year consolidation. Since 2017 peak the pair did a clear impulse lower which is based on the Elliott Wave Theory. The ideal case will be now that we should see another leg lower....
The last ditch Brexit talks between British and Irish leaders last week yield unlikely breakthrough. Both leaders issued an upbeat statement after the meeting, saying they see a pathway to a possible deal. The issue of Irish...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDNOK published in the membership area of the elliottwave-forecast.com . USDNOK broke September 3rd peak , which made the pair...
DAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure. On the chart below, we can see...
Walmart (NYSE: WMT) is the world’s largest retailer, operating discount stores, supercenters, and grocery stores around the world. In today’s article, we’ll taker a look at the short term cycle of the stock based on Elliott Wave Theory...