CL_F (Oil) A buying or selling opportunity?
We at Elliottwave-Forecast.Com look at the Market as a whole and we keep track of many instrument to get an edge in the Market. At the end, nobody is 100% correct, but having an edge is the...
Author: elliottwave-forecast.com
Elliott Wave Analysis: SPX Bounce Expected to Fail
SPX has broken below Oct 30 low (2603.54), i.e. Primary wave ((W)), opening further downside with incomplete bearish sequence from Sept 21 high (2940.91). Near term Elliott Wave view suggests the decline to 2603.54 on Oct 30...
NZDJPY Blue Box Generates 600 Pips
NZDJPY has put in a strong rally over the past couple of months gain 9.14% from a low of 72.25 to a high of 78.86. Earlier this year, we advised clients and followers that pair was reaching...
Facebook Elliott Wave Analysis: Forecasting the Decline
In this blog, I want to share some short-term Elliott Wave charts of Facebook which we presented to our members in the past. In this blog, I want to share some short-term Elliott Wave charts of Facebook which we presented to...
CADJPY : Will Sellers Take Control?
CADJPY Technical Analysis December 10/2018 CADJPY looks poised to make another move lower. There are bearish market patterns that are clearly visible. On the Weekly chart below, CADJPY formed a Bearish Pattern (blue) that triggered sellers on...
Will the Arrest of Huawei Executive Derail Trade War Truce?
The market celebrated the trade war truce between U.S. and China after the successful meeting last week between President Trump and Xi. Unfortunately, it only lasted for about 24 hours as news came in with the arrest...
Goldman Sachs (NYSE: GS) – Bullish Trend is Still Intact
Since the 2008 Financial Crisis, Goldman Sachs (NYSE: GS) established a new multi-year bullish trend which managed to break above 2007 peak after just 10 years joining the list of many other stocks which already achieved new...
Elliott Wave View: DAX Looking for Further Downside
DAX continues to make a new low and this week broke below 11/20 low (11009) suggesting that the move lower remains in progress. Near term Elliott Wave outlook calls for the decline to 11009.25 on 11/20 as...
GDX Cycles from the January 2016 Lows
Firstly, the GDX ETF was created in 2006. From there it bounced higher into the September 2011 highs. This not shown on the chart however the price trend was obviously up. The pullback lower into the January...
An Industrial to Trade: Is BA a BUY Here?
BA and the Trade Tensions Between China and Elliott wave As we all are well aware there are definitely heightened tensions on the global trading playing field these days. The markets have been whipping back in forth...