How Momentum Indicator (RSI) is Used with Elliott Wave

by elliottwave-forecast.com | March 23, 2022 3:40 pm
There are several different momentum indicators. One of the popular ones is the RSI (Relative Strength Index) which was developed in 1978 by J. Welles Wilder. The RSI is in the form of an oscillator from 0...

Indonesia Energy Corp ($INDO) Ready For The Next Leg Higher?

by elliottwave-forecast.com | March 23, 2022 3:26 pm
Indonesia Energy Corp stock has experienced a breathtaking rally since the lows set in January 2022.  There are a few small companies that are making big moves with the swing in Crude Oil (like $IMPP which I...

Non-Fungible Tokens (NFTs): A Replay of Holland’s “Tulip Mania”?

by ForexCycle.com | March 23, 2022 8:22 am
By Elliott Wave International It seems the financial world has gone a little crazy — maybe a lot crazy. Specifically, I’m talking about non-fungible tokens or NFTs for short. You may be familiar with them, but in case you’re...

BA – Landing gear ready to go short from blue box zone

by elliottwave-forecast.com | March 22, 2022 3:06 pm
Last week, we have been calling out a short based blue box zone on BA which was triggered successfully for our clients to get their landing gear ready and go short! H4 chart – 17th March 2022...

EMN : Expect II Correction Before Next Rally

by elliottwave-forecast.com | March 22, 2022 2:47 pm
Eastman Chemical Company (EMN) operates as specialty materials company globally. It serves transportation, personal care, wellness, food, feed, agriculture, building & construction, water treatment, energy, consumables, durables & electronic markets. It is based in Kingsport, Tennessee, comes...

XME Reacting Higher From Elliott Wave Blue Box Area

by elliottwave-forecast.com | March 22, 2022 2:33 pm
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of XME. We presented to members at the elliottwave-forecast. In which, the rally from 28 January 2022 low unfolded as an impulse structure....

$TPR: Luxury Fashion Stock Tapestry Offers an Opportunity

by elliottwave-forecast.com | March 22, 2022 2:16 pm
Tapestry, Inc. (formerly: Coach, Inc.) is a multinational luxury fashion holding company based in New York City, USA. The parent company owns three brands: Coach New York, Kate Spade New York and Stuart Weitzman. The stock of...

Newmont Mining (NEM) Leading Miners to the Upside

by elliottwave-forecast.com | March 21, 2022 2:55 pm
Newmont Mining (ticker: NEM) is the world’s largest gold mining company, based in Greenwood Village, Colorado, United States. It has ownership of gold mines in Nevada, Colorado, Ontario, Quebec, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru,...

Is AMC Correction Done Or Needs One More Low?

by elliottwave-forecast.com | March 21, 2022 2:41 pm
AMC Entertainment Holdings, Inc. is an American movie theater chain headquartered in Leawood, Kansas, and the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. theater market ahead...