Prepare Now for a Brutal Austerity — Here’s Why

by ForexCycle.com | August 30, 2021 11:23 pm
By Elliott Wave International When financial times get tough, you hear the phrases “tightening our belts,” “cutting back” or “making do with less.” Those are common phrases to describe the word “austerity.” If spending and borrowing had...

Support.com Inc. ($SPRT) Heart Of The Wave 3

by elliottwave-forecast.com | August 29, 2021 2:48 am
Every once and awhile a new stock gets the mass attention of retail traders and causes an extreme impulsive move.  Support.com is one of those names right in the middle of a breakout.  When I talk about...

Talk of Fed’s Taper May Cap Strength in S&P 500 (SPX)

by elliottwave-forecast.com | August 29, 2021 2:47 am
Despite the new all-time high in S&P 500 (SPX), the potential tapering by the Fed may cap the strength in US Indices. The Fed’s chair Jerome Powell will speak this Friday at the annual gathering in Jackson...

$FXA Longer Term Elliott Wave Cycles and Analysis

by elliottwave-forecast.com | August 29, 2021 2:46 am
$FXA Longer Term Elliott Wave Cycles and Analysis The FXA ETF fund is the Australian dollar tracking fund that has an inception Date of 06/21/2006.  With that said the fund mainly reflects the currency spot price of...

$UUP Long term Cycles and Bearish Sequence

by elliottwave-forecast.com | August 29, 2021 2:46 am
$UUP Long term Cycles and Bearish Sequence 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 May...

EURNZD Bouncing Strongly From Elliott wave Blue Box Area

by elliottwave-forecast.com | August 29, 2021 2:45 am
In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of EURNZD, which we presented to members at the elliottwave-forecast. In which, the pullback from 18 June 2021 high unfolded as...

JNJ Achieved Our Minimum Target Level Give Us A 14.04% Return

by elliottwave-forecast.com | August 29, 2021 2:44 am
Since the crash of March 2020, all stocks have tried to recover what they lost and JNJ was no exception. Johnson & Johnson did not only recover the lost, but it also reached historic highs. In those...

$KER : Luxury Stock Kering Should Continue to Rally

by elliottwave-forecast.com | August 29, 2021 2:44 am
Kering is a French multinational luxury goods company. Headquartered in Paris, Kering was founded 1963 as Pinault S.A. The company controls and manages 3 prestigious brands: Gucci, Yves Saint Laurent and Bottega Veneta. Kering is a part...

TecDAX: German Tech Advanced into a Decision Area

by elliottwave-forecast.com | August 29, 2021 2:43 am
TecDAX is a stock index which tracks the performance of 30 largest German companies from the technology sector. Even though these enterprises are of a high economic importance, their market capitalization and the book order turnover are...

Microsoft $MSFT Forecasting The Rally After Elliott Wave Flat

by elliottwave-forecast.com | August 29, 2021 2:41 am
Hello fellow traders. In this technical blog we’re going to talk about Microsoft $MSFT stock and take a look at the charts presented in members area of the Elliottwave-Forecast. As our members know, Microsoft is showing incomplete...