Elliott Wave View: Bullish Sequence in DAX Favors Higher

by elliottwave-forecast.com | November 12, 2019 8:31 pm
Elliott Wave View on DAX suggests that the sequence in the Index from December 27, 2018 low remains incomplete. On the short term chart below, the pullback to 11878.98 on October 4 ended wave (2). The Index...

XLK Forecasting The Path & Buying The Dips In The Blue Box

by elliottwave-forecast.com | November 12, 2019 8:31 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of XLK  – Technology Select Sector , published at elliottwave-forecast. As our members know XLK has been showing ...

FXC Canadian Dollar Trust Long Term Cycles & Elliott Wave

by elliottwave-forecast.com | November 12, 2019 8:31 pm
FXC Canadian Dollar Trust Long Term Cycles & Elliott Wave Firstly the FXC instrument inception date was 6/26/2006. The instrument tracks changes of the value of the Canadian dollar relative to the U.S. dollar. It increases in value...

AUDCAD : Will the Pair Bounce Higher in 2020?

by elliottwave-forecast.com | November 6, 2019 10:32 pm
AUDCAD Technical Analysis November 3/2019 AUDCAD : There are clear visible bullish market patterns on the weekly chart but traders will still need to wait for more confirmation that a bottom will form. AUDCAD still needs to...

Elliott Wave View: Dow Jones Futures Ending 5 Waves Rally

by elliottwave-forecast.com | November 6, 2019 10:32 pm
Elliott Wave View on Dow Jones Future (YM_F) suggests the rally from October 3 low is unfolding as a 5 waves impulsive Elliott Wave.  On the 1 hour chart below, we can see wave ((iii)) of this...

Elliott Wave View: Bullish Outlook in Russell

by elliottwave-forecast.com | November 6, 2019 10:32 pm
Elliott Wave View on Russell (RTY_F) suggests the rally from October 3, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from Oct 3 low, wave ((i)) ended at 1510.7 and pullback in...

CORN ( $ZC_F ) Found Buyers At The Blue Box Area

by elliottwave-forecast.com | November 6, 2019 10:31 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of CORN ( $ZC_F)  published in members area of the elliottwave-forecast.com . As our members know, CORN ended cycle from the 352’3...

Elliott Wave View: Nike Looking for Further Correction

by elliottwave-forecast.com | November 3, 2019 1:19 pm
Short Term Elliott Wave view on Nike suggests the rally to $97.05 on October 23, 2019 high ended wave 1. This rally started from August 6, 2019 low (77.5) as a 5 waves impulse Elliott Wave structure. On...

$SPY Expanded Flat, Déjà Vu All Over Again

by elliottwave-forecast.com | November 3, 2019 1:18 pm
A Flat is one of the corrective structures in the Elliott Wave Theory. It is in our opinion the most dangerous and also less reliable structure. The reason is because a Flat allow analysts and traders to...