Bajaj Auto – Expecting further correction prior to an advance

by elliottwave-forecast.com | May 17, 2022 3:28 pm
Bajaj has been on a bull run ever since it’s 2018 to 2020 pandemic’s correction. It has been climbing from 1790 to Feb 2021’s 4350 high. We have been correcting ever since then. However, we should be...

This is “Anything but Positive for Housing”

by ForexCycle.com | May 17, 2022 5:06 am
By Elliott Wave International A tug-of-war between bullish and bearish forces appears to be playing out in the U.S. housing market. On the one hand, some areas of the country are still experiencing record-high home prices as...

$UHRN : Swatch Group Provides an Entry Area for a Next Rally

by elliottwave-forecast.com | May 16, 2022 3:17 pm
Swatch Group is a Swiss manufacturer of watches and jewellery. Besides the product line Swatch, the group owns brands including Blancpain, Breguet, ETA, Glashütte, Omega, Longines, Tissot, Hamilton, Certina, Rado and Harry Winston. As a matter of...

Energy Stock Continues to Outperform – OXY Bullish Outlook

by elliottwave-forecast.com | May 16, 2022 3:00 pm
The Fed has been very clear that their current mission is to reduce U.S inflation rate which is currently running at 8.3%. This is way over thier 2% target inflation rate. Two factors contribute to the high...

Will Cryptos Crash Continue? COIN Could Have The Answer

by elliottwave-forecast.com | May 16, 2022 2:37 pm
Coinbase Global, Inc., branded Coinbase (COIN), is an American company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work and the company lacks a physical headquarters. It is the largest cryptocurrency exchange in the United...

EURUSD Forecasting The Decline & Selling The Blue Box

by elliottwave-forecast.com | May 16, 2022 2:20 pm
Hello fellow traders. Another instrument that we have been trading lately is $EURUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD and explain the trading strategy.  As...

Stock Markets: “What Happens When the Dip Keeps Dipping?”

by ForexCycle.com | May 14, 2022 3:31 am
By Elliott Wave International It’s been a rocky road for the Dow and the S&P 500 index since the start of the year. And, even longer for the NASDAQ, which topped back in November. Indeed, speaking of...

NVDA Elliott Wave View: Selling The Extreme Blue Box Area

by elliottwave-forecast.com | May 13, 2022 2:15 pm
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of NVDA. In which, the decline from 29 March 2022 high unfolded as an impulse sequence and showed a lower low sequence...

Chewy.com ($CHWY) Can the lows hold?

by elliottwave-forecast.com | May 12, 2022 3:51 pm
Chewy.com is an e-commerce company that specializes in pet food.  Along with many other stocks, prices started a new cycle higher in March 2020.  Chewy is now correcting that cycle and currently going fairly deep, and threatening...