Polygon (MATICUSD) Should See Further Downside Short Term

by elliottwave-forecast.com | January 10, 2022 5:32 pm
Polygon (formerly Matic Network, MATICUSD) is a Layer 2 scaling solution backed by Binance and Coinbase. The project seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains. Polygon combines the Plasma...

Draft Kings ($DKNG) Poised For A Bounce

by elliottwave-forecast.com | January 7, 2022 3:59 pm
Draft Kings had a stellar 2020 and beginning of 2021, but is now correcting the entire cycle from the IPO.  But where can this stock find support for a bounce?  First, lets take a look at what...

$BNP : French Banking Giant BNP Paribas Provides an Opportunity

by elliottwave-forecast.com | January 6, 2022 5:13 pm
BNP Paribas is a French international banking group being within 10 largest banks in the world. Headquartered in Paris, it is a merger of Banque Nationale de Paris (BNP) and Paribas. BNP Paribas is a part of...

Natural Gas Reacting Lower From Elliott Wave Blue Box Area

by elliottwave-forecast.com | January 6, 2022 5:10 pm
In this technical blog, we are going to take a look at the past performance of Natural Gas futures, 1-Hour Elliott wave Charts that we presented to our members. But before looking into the Charts, we need to understand the...

See what Elliott waves show next Asian-Pacific markets (FREE)

by ForexCycle.com | January 6, 2022 9:53 am
The Asian-Pacific markets have led global stocks higher since April 2020 — and they are still MOVING. Elliott waves have stayed a step ahead. Wondering what they’re showing for 2022? Well, wonder no more. Now through January 12,...

Elliott Wave View: USDCAD Shows Bullish Sequence

by elliottwave-forecast.com | January 4, 2022 4:49 pm
The Fed has indicated that they plan to continue to taper and start raising interest rates from near zero to curb the strongest inflation in four decades. A hawkish Fed, if followed through in action, may support...

XLY Reacting Higher After Ending Double Correction

by elliottwave-forecast.com | January 4, 2022 4:49 pm
In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of XLY. In which, the rally from 18 March 2020 low unfolded as a nest and showed a higher high sequence....

Soybeans Futures ( $ZS_F ) Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | January 4, 2022 4:48 pm
Soybeans Futures ( $ZS_F )  is another instrument that has given us trading opportunities lately . The commodity  is showing impulsive bullish sequences in the cycle from the November’s 1181’3 low.  Recently it made clear 3 waves ...

Elliott Wave View: AVAX Should Extend Higher

by elliottwave-forecast.com | January 4, 2022 4:47 pm
AVAX (Avalanche) is one the top cryptocurrency having market cap around $25.9B. In cryptocurrency segment, it is ranked 11th by market cap having current price at around $106.1. Since June-2021 low, it rises more than 10 fold...