World Indices Bulls: Warning Signs Starting To Show

by elliottwave-forecast.com | October 8, 2020 3:32 pm
World Indices, as we always said at Elliott Wave Forecast, are an easy trade across the Marketplace. Indices by nature will always be trending higher. Unfortunately, many traders do not understand that concept. Our nature is bullish, we...

Elliott Wave View: Facebook (FB) Reaching Support Area

by elliottwave-forecast.com | October 7, 2020 1:16 pm
Elliott Wave view in Facebook (FB) calls the rally from September 21 low as a 5 waves impulse Elliott Wave structure. In the short term chart below, wave 2 is seen to have ended at $245.41. Up...

Matador Resources Co ($MTDR) Bullish Potential

by elliottwave-forecast.com | October 7, 2020 1:15 pm
Energy producers.  It is a sector that has been in a strong bearish trend since the June peak.  But there are some companies that have better structures than others.  Matador Resources is one of those companies that...

UUP Remains Bullish In Cycles from May 2011

by elliottwave-forecast.com | October 6, 2020 3:21 pm
UUP Remains Bullish In Cycles from May 2011 Firstly the dollar tracking ETF fund UUP  inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The UUP ETF fund shows a low in...

Elliott Wave View: Dow Futures (YM) Looking to Extend Higher

by elliottwave-forecast.com | October 6, 2020 3:20 pm
Elliott Wave view in Dow Futures (YM) suggests that the rally from March 23, 2020 low remains in progress as a 5 waves diagonal Elliott Wave structure. In the 45 minutes chart below, we can see wave...

XLY Forecasting The Elliott Wave Bounce From Blue Box Area

by elliottwave-forecast.com | October 5, 2020 3:42 pm
In this technical blog, we are going to take a look at the past performance of 4 hour Elliott Wave Charts of XLY, which we presented to members. In which, the rally from 18 March 2020 lows, showed the higher high...

Is Fiscal Stimulus the Next Catalyst for US Dollar Decline?

by elliottwave-forecast.com | October 5, 2020 3:41 pm
The second stimulus bill currently under negotiation may be the next catalyst for the decline in US Dollar. The negotiation between Democrat and Republican gained urgency last week as President Trump contracted the virus and required hospitalization....

Soybeans ZS_F Buying The Dips After Elliott Wave Zig Zag Pattern

by elliottwave-forecast.com | October 5, 2020 3:41 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of Soybeans ZS_F , published in members area of the website.  As our members know, ZS_F is showing...

$BN : Food Corporation Danone Should Accelerate Higher

by elliottwave-forecast.com | October 5, 2020 3:40 pm
Danone is a multinational food-products corporation. Founded 1919 in Barcelona, it is headquartered in Paris. Through the years, it has seen mergers with Gervais in 1967 and with BSN in 1973.  Danone is a part of CAC40...

EURAUD : Trading the Move Lower

by elliottwave-forecast.com | October 5, 2020 3:39 pm
The chart below of the EURAUD pair shows clear and visible bearish signals where the pair would find SELLERS and allow a trader to get in the market. A trader should always have a minimum of 3...