FCOJ: Frozen Concentrated Orange Juice Provides Opportunity

by elliottwave-forecast.com | November 8, 2021 4:02 pm
In the original article from March 2021, we have discussed the price action and the outlook for the Frozen Concentrated Orange Juice. Today, we present un updated view. As it has been expected, the soft commodities have advanced....

$LMT : Lockheed Martin Provides Opportunity in Pullback

by elliottwave-forecast.com | November 8, 2021 4:01 pm
Lockheed Martin is one of the the largest defense, arms and aerospace companies based in the United States and the world. It employs approximately 110’000 people worldwide. The company operates mainly on four business segments, i.e., Aeronautics,...

Junior Gold Miners (GDXJ) Have Ended Correction

by elliottwave-forecast.com | November 8, 2021 4:00 pm
Gold and related miners formed a high on August 2020 and they have pulled back for more than 1 year. In our last article from 2 months ago, we provided a support area of $18.5 – $32.6. It...

AMD Stock : Buying The Pull Back At The Blue Box Area

by elliottwave-forecast.com | November 8, 2021 3:59 pm
Another good trading opportunity we have had lately is AMD stock. As our members know the stock is  showing impulsive bullish sequences in the cycle from the September 99.46 low.  Recently it made clear 3 waves  pull...

What (the Heck) is Going on with U.S. Economy?

by ForexCycle.com | November 7, 2021 11:38 am
If you live in the U.S. — and even if you’re some place else — you know about the recent bout of supply chain problems, job resignations and surging prices. And yes, you’ve heard the conventional explanations…...

Bitcoin’s All-Time High Foretold Before U.S. ETF Launch

by ForexCycle.com | November 7, 2021 11:36 am
By Elliott Wave International On Oct. 20, Bitcoin climbed to a new all-time high above $66,000 — quite a rebound from its price level just below $30,000 as recently as July. At that time, the sentiment was...

BAAKT ($BKKT) Bullish Potential On Tap

by elliottwave-forecast.com | November 4, 2021 3:42 pm
Another day, another meme stock rallies.  This week, Bakkt is the company I want to focus on.  This is another Crypto focussed stock.  However, it has a large deal behind it, being a Mastercard deal whereby Bakkt...

XLK Forecasting The Bounce Higher

by elliottwave-forecast.com | November 4, 2021 3:40 pm
In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of Technology ETF ticker symbol: $XLK. In which, the rally from 05 March 2021 low ended wave (3) in an impulse...

Nasdaq Futures: Forecasting The Rally from the Blue Box Area

by elliottwave-forecast.com | November 3, 2021 3:35 pm
Nasdaq futures rallied over 1600 points during the last 30 days of trading. It found a low at 14372 on October 4, 2021 and has not looked back since then. After a couple of tests of the...