FORD (F) Is Entering in a Double Correction And Needs More Downside

by elliottwave-forecast.com | November 21, 2022 5:43 pm
Ford Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury brand. FORD July...

Elliott Wave View: SIL (Silver Miners) May Have Bottomed

by elliottwave-forecast.com | November 21, 2022 5:33 pm
Silver Miners ETF (SIL) may have ended the correction to the cycle from March 2020 low. The correction took the form of a double as the chart below shows: A double three is labelled as WXY. The...

Bitcoin Failed At The Equal Legs Area

by elliottwave-forecast.com | November 16, 2022 4:30 pm
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of Bitcoin. In which, the decline from 15 August 2022 high ended 5 waves in an impulse sequence and showed...

The Price Of Wood Could Already Have Started To Rise

by elliottwave-forecast.com | November 14, 2022 5:31 pm
WOOD tracks the S&P Global Timber & Forestry Index, a cap-weighted index of the 25 largest forestry firms around the world. The fund starts with all the eligible securities from the S&P Global BMI that are classified...

$1810: Electronics Giant Xiaomi Trading in Buying Area

by elliottwave-forecast.com | November 14, 2022 5:00 pm
Xiaomi Inc.  is a Chinese designer and manufacturer of consumer electronics and software. Behind only Samsung and since 2021 surpassing Apple, it is the second largest manufacturer of the smartphones in the world. Most of them run...

BMO – Expect Correcting Lower Towards Support Zone

by elliottwave-forecast.com | November 8, 2022 5:13 pm
Bank of Montreal (BMO) provides diversified financial services primarily in North America. The company’s personal banking products & services include checking & savings accounts, credit cards, mortgages, financial & investment advice services & commercial banking products &...

SPY ETF Selling The Rallies At The Blue Box Area

by elliottwave-forecast.com | November 7, 2022 8:24 pm
Hello fellow traders. Another trading setup we have had recently was selling the rallies in SPY ETF.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of SPY published in...

Platinum (PL) Searching for Bottom

by elliottwave-forecast.com | November 7, 2022 7:18 pm
Platinum (PL) continues to trade sideways and the metal is in the process of forming an important low before the next major bullish cycle starts. The Federal Reserve has aggressively hiked rates multiple times, creating a sideways...