Shanghai Composite Index in Multi Year Consolidation

by elliottwave-forecast.com | September 23, 2020 2:55 pm
As of 22 September, Shanghai Composite Index (SSE) is up 6.9% despite the geopolitical tension with the US and coronavirus pandemic. Contrast this with S&P 500 which has YTD performance of 2.1%. Part of the reasons for...

Elliott Wave View: Support Area for Silver

by elliottwave-forecast.com | September 23, 2020 2:54 pm
Elliott Wave View of Silver (XAG) suggests the cycle from September 1 high has ended as wave (1) at 25.82 low. From there, the metal bounce higher in wave (2). The correction unfolded as zigzag Elliott Wave Structure....

A Look at the Perilous Psychology of Financial Bubbles

by ForexCycle.com | September 23, 2020 1:16 pm
By Elliott Wave International The months before the 2000 and 2007 stock market peaks saw a measurable rise in news stories that used the phrase “financial bubble.” But instead of selling, many investors kept right on buying....

FTSE Selling The Rallies At The Blue Box Area

by elliottwave-forecast.com | September 21, 2020 3:54 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of FTSE published in members area of the website. As our members know, FTSE is giving us pull back, correcting...

TecDAX: Buying Opportunity in German Technology

by elliottwave-forecast.com | September 21, 2020 3:53 pm
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...

3 Elliott Wave Resources AND Free U.S. Market Forecasts

by ForexCycle.com | September 20, 2020 12:53 pm
Volatility has returned — and, most likely, it will only heat up from here. You’re probably wondering what’s next. So, let our friends at Elliott Wave International help. In a few days, they’re starting a rare event called Unprecedented Year, Unprecedented...

NetEase Inc. ($NTES) Strong Bullish Trend

by elliottwave-forecast.com | September 18, 2020 4:07 pm
Cloud computing is one of the sectors that have vastly outperformed the marketplace since the March 2020 low.  NetEase Inc is in the cloud computing business, focused on community, communications, commerce and video games.  Lets take a...

Elliott Wave View: Correction in Oil Completed

by elliottwave-forecast.com | September 17, 2020 3:32 pm
Elliott Wave View of Oil (CL) suggests the cycle from August 26 high has ended as wave II. The correction unfolded as double three Elliott Wave Structure. Down from August 26 high, wave ((W)) ended at 40.22 low....