McDonald’s MCD Started a Retracement as Wave (II)

by elliottwave-forecast.com | June 10, 2024 6:27 pm
McDonald’s (MCD) is the world’s largest fast food restaurant chain, serving over 69 million customers daily in over 100 countries in more than 40,000 outlets as of 2021. It is best known for its hamburgers, cheeseburgers and...

Ronin $RON gearing up for the next leg to the upside

by elliottwave-forecast.com | June 6, 2024 6:06 pm
RON is the native cryptocurrency of Ronin which is an EVM blockchain crafted for developers building games with player-owned economies. In today’s article, we’ll dive into the daily Elliott Wave structure taking place and we’ll explore the...

Short Term Elliott Wave Structure in Oil (CL_F) Favors Downside

by elliottwave-forecast.com | June 5, 2024 2:29 pm
Short Term Elliott Wave in Oil (CL_F) shows incomplete Elliott Wave bearish sequence from 04.12.2024 high. Down from there, wave 1 ended at 76.15 like the 1 hour chart below shows. Rally in wave 2 unfolded in...

GBPAUD Reacting Higher From Elliott Wave Extreme Area

by elliottwave-forecast.com | June 4, 2024 7:51 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of GBPAUD. In which, the rally from the 09 May 2024 low unfolded in a corrective sequence but provided an...

LLY Should Find Support In Pullbacks

by elliottwave-forecast.com | June 4, 2024 7:42 pm
Eli Lilly & Company (LLY) discovers, develops & markets human pharmaceuticals worldwide. It is based in Indianapolis, Indiana, US, comes under Healthcare sector & trades as “LLY” ticket at NYSE. As showing in the previous article from...

S&P 500 E-Mini (ES_F) Forecasting the Bounce From the Extreme Zone

by elliottwave-forecast.com | June 3, 2024 7:17 pm
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of S&P 500 E-Mini (ES_F) Futures published in members area of the website.  Our members know ES_F completed cycle...

Gold Miners Junior ETF (GDXJ) Pullback Should Find Buyers

by elliottwave-forecast.com | June 3, 2024 6:42 pm
GDXJ, or the VanEck Vectors Junior Gold Miners ETF, is an exchange-traded fund that tracks the performance of small-cap gold mining companies. It provides investors exposure to junior gold mining companies, which are typically smaller and more...