Nasdaq Elliott Wave Analysis: More Upside Favored While Above 6232.3

by elliottwave-forecast.com | December 29, 2017 11:19 am
Nasdaq Short Term Elliott Wave view suggests that the Index remains bullish as far as pullbacks stay above Intermediate wave (4) at 6232.3. Rally from Intermediate wave (4) low unfolded as a double three Elliott Wave structure where Minor wave W ended at...

Nvidia NVDA Correction is Around the Corner

by elliottwave-forecast.com | December 8, 2017 4:05 pm
The American semiconductors company Nvidia (NASDAQ: NVDA) is specialized is designing graphics processing units (GPUs) for the gaming, cryptocurrency, and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market. Nvidia...

Nasdaq Elliott Wave Analysis 12-8-2017

by elliottwave-forecast.com | December 8, 2017 1:30 pm
Nasdaq Short Term Elliott Wave view suggests that Intermediate wave (3) ended at 6429.5 and Intermediate wave (4) pullback is proposed complete at 6231.75.  Subdivision of Intermediate wave (4) is unfolding as a double three Elliott wave structure where Minor wave W ended at 6283, Minor...

Sterling Volatility In Crucial Week of Brexit Talk

by elliottwave-forecast.com | December 6, 2017 1:24 pm
Sterling fell versus the dollar earlier this week as Brexit talk between the UK and EU falter at the last minute. British Prime Minister Theresa May is on the race to break the deadlock on the issue of...

Nasdaq Elliott Wave Analysis 12.6.2017

by elliottwave-forecast.com | December 6, 2017 12:14 pm
Nasdaq Intraday Elliott Wave view suggests that Intermediate wave (3) ended with the rally to 6429.5. Intermediate wave (4) pullback remains in progress to correct cycle from 8/21 low (5753.6) in 3, 7, or 11 swing before...

Dow Future Elliott Wave Analysis

by elliottwave-forecast.com | November 28, 2017 1:29 pm
YM_F Dow Short term Elliott Wave view suggests that Intermediate wave (4) ended at 23204. Rally from there is unfolding as a leading diagonal Elliott wave structure. Minute wave ((i)) ended at 23464, Minute wave ((ii)) ended at 23241, Minute wave ((iii)) ended at 23599,...

Retail Industry Index Providing The Next Long

by elliottwave-forecast.com | November 28, 2017 1:15 pm
The S&P Retail Industry Index comprises stocks in the S&P Total Market Index that are classified in the GICS retail sub-industry. For this article we’ll be using The SPDR S&P Retail ETF (XRT) which tracks an equal-weighted index of stocks in the...

Chevron (CVX) Looking for New All Time Highs

by elliottwave-forecast.com | November 16, 2017 12:33 pm
Chevron Corporation (NYSE: CVX) is an American multinational energy corporation. It engages in integrated petroleum operations, chemicals operations, mining operations, power generation and energy services related to Oil and Natural Gas. Oil-company stocks tend to rise when oil...

CADJPY Short Term Elliott Wave Analysis

by elliottwave-forecast.com | November 15, 2017 12:30 pm
CADJPY Short Term Elliott Wave view suggests that Minor wave X ended at 87.78. Up from there, pair rallies as a double three Elliott Wave structure where Minute wave ((w)) ended at 89.8 and Minute wave ((x)) is in progress....

Petroyuan Can Accelerate the De-Dollarization

by elliottwave-forecast.com | November 15, 2017 12:17 pm
The move away from Petrodollar  In 1974, US President Richard Nixon and King Faisal from Saudi Arabia struck a deal. This deal gave birth to the petrodollar system which still lasts until this day.  The deal involves Saudi Arabia selling...