TX : Expect Correction To Extend Downside Before Turning Higher

by elliottwave-forecast.com | October 31, 2022 4:37 pm
Ternium S.A. (TX) through its subsidiaries, manufactures & processes various steel products in Mexico, Brazil, US & other countries. It operates through two segments, Steel & Mining. The company founded in 1961 & based in Luxembourg. It...

Amazon $AMZN Elliott Wave: Calling For A Further Decline

by elliottwave-forecast.com | October 31, 2022 4:20 pm
Hello fellow traders. As our members know, Amazon stock has completed 5 waves structure in the cycle from the 146.61. We were calling for a 3 waves bounce against the mentioned high after which we expected the...

GDXJ Looking to Form Bottom

by elliottwave-forecast.com | October 31, 2022 3:58 pm
Gold and related miners continue to suffer a setback as the Fed continues its aggressive rate hike to combat inflation. However, there’s recent indication that the world’s central banks may reduce the pace of the hike due...

SMI (Swiss Index) Entered In A Triple Correction Structure

by elliottwave-forecast.com | October 31, 2022 3:14 pm
The Swiss Market Index (SMI) is Switzerland’s blue-chip stock market index, which makes it the most followed in the country. It is made up of 20 of the largest and most liquid Swiss Performance Index (SPI) stocks....

Europe’s Energy Sector: “The Lehman Moment Just Arrived”

by ForexCycle.com | October 27, 2022 1:42 am
By Elliott Wave International Back in October 2021, two months before Germany’s DAX hit an all-time high, our Global Market Perspective showed a big jump in references to “Lehman” in Bloomberg News. Of course, the use of “Lehman” in...

NextEra Energy ( $NEE ): Bigger Pullback Taking Place

by elliottwave-forecast.com | October 25, 2022 4:39 pm
NextEra Energy Inc. ticker symbol: $NEE is an electric power and energy infrastructure company. The company was founded in 1984 and is headquartered in Juno Beach, FL. It operates through the following segments: FPL and NEER. The...

QQQ Shows Bearish Sequence from 2021 Peak

by elliottwave-forecast.com | October 25, 2022 4:25 pm
The series of rate hikes by the Fed has provided a challenge for the World Indices. World Indices continue to make a series of lower low since they formed the peak in 2021. One of the popular...

ETHUSD Impulsive Decline Calls for More Downside

by elliottwave-forecast.com | October 25, 2022 3:55 pm
ETHUSD (Ethereum) is one of the three crypto-currencies covered as a regular instrument at Elliottwave-Forecast. Other two crypto-currencies we cover on a regular basis are BTCUSD (Bitcoin) and LTCUSD (Litecoin). In today’s article, we will be looking...

Nasdaq ($NQ_F) Forecasting The Rally After 3 Waves Pullback

by elliottwave-forecast.com | October 25, 2022 3:54 pm
In this article we’re going to take a quick look at the Elliott Wave charts of $NQ_F, published in members area of the website.  As our members know Nasdaq ended cycle from the 13740.55 high as 5 waves, and...