Junior Gold Miners (GDXJ) Have Ended Correction
Gold and related miners formed a high on August 2020 and they have pulled back for more than 1 year. In our last article from 2 months ago, we provided a support area of $18.5 – $32.6. It...
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AMD Stock : Buying The Pull Back At The Blue Box Area
Another good trading opportunity we have had lately is AMD stock. As our members know the stock is showing impulsive bullish sequences in the cycle from the September 99.46 low. Recently it made clear 3 waves pull...
What (the Heck) is Going on with U.S. Economy?
If you live in the U.S. — and even if you’re some place else — you know about the recent bout of supply chain problems, job resignations and surging prices. And yes, you’ve heard the conventional explanations…...
Bitcoin’s All-Time High Foretold Before U.S. ETF Launch
By Elliott Wave International On Oct. 20, Bitcoin climbed to a new all-time high above $66,000 — quite a rebound from its price level just below $30,000 as recently as July. At that time, the sentiment was...
BAAKT ($BKKT) Bullish Potential On Tap
Another day, another meme stock rallies. This week, Bakkt is the company I want to focus on. This is another Crypto focussed stock. However, it has a large deal behind it, being a Mastercard deal whereby Bakkt...
XLK Forecasting The Bounce Higher
In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of Technology ETF ticker symbol: $XLK. In which, the rally from 05 March 2021 low ended wave (3) in an impulse...
Nasdaq Futures: Forecasting The Rally from the Blue Box Area
Nasdaq futures rallied over 1600 points during the last 30 days of trading. It found a low at 14372 on October 4, 2021 and has not looked back since then. After a couple of tests of the...
Ethereum (ETHUSD) Forecasting The Rally Following Corrective Pullback
ETHUSD ended cycle from June 22, 2021 ($1700) low at September 3, 2021 (4025) peak and started pulling back. Rally from June 22, 2021 low was in 5 waves and hence we expected the pull back to...
Soybean Has Reached Support Area
The fundamental outlook for Soybean (ZS) and other agricultural commodities continue to look bright. The major cost component of agricultural commodities is the energy prices. Farmers require gasoline to operate their equipment, while natural gas is used...
$FXE EURO ETF Elliott Wave & Long Term Cycles
$FXE EURO ETF Elliott Wave & Long Term Cycles Firstly as seen on the monthly chart shown below the instrument made a high in April 2008. There is data back to December 2005 in the ETF fund. Data...