$ SMI : Daily Cycle of Swiss Market Index to Extend Higher

by elliottwave-forecast.com | August 2, 2021 4:26 pm
After 9 months, we present here an updated view on the Swiss Market Index (SMI). SMI represents a capitalization-weighted measure of the 20 most significant stocks on the SIX Swiss Exchange in Zurich; the ticker is $SMI. In...

Shopify (NYSE: SHOP) Pulling Back in Wave IV

by elliottwave-forecast.com | August 2, 2021 4:26 pm
This blog provides an Elliott Wave update to our previous blog here –> Shopify (NYSE: SHOP) Wave V in progress Shopify has extended higher to end wave III as the previous blog suggests. Now it is in wave...

GBPJPY: Buying The Dips After Elliott Wave Double Three Pattern

by elliottwave-forecast.com | August 2, 2021 4:25 pm
GBPJPY is another pair that has given us nice trading opportunity lately . The pair has been showing impulsive bullish sequences in the cycle from the March 2020 low (124.27).  Recently it made clear 3 waves pull...

General Electric ($GE) Longs Are Risk Free

by elliottwave-forecast.com | July 28, 2021 4:02 pm
In this technical blog, we will look at the past performance of Elliott Wave Charts of General Electric stock ticker symbol: $GE, which we presented to members at the elliottwave-forecast. In which, the rally from 13 May 2020...

Elliott Wave View: Nikkei 5 Swing Sequence Favors Further Downside

by elliottwave-forecast.com | July 28, 2021 4:02 pm
Nikkei Futures (NKD) shows a lower low bearish sequence from February 16, 2021 peak. The Index also shows a 5 swing bearish sequence from June 15, 2021 peak. Both of these sequence suggest Nikkei likely see further...

NIKKEI: Found Sellers After Elliott Wave Double Three Pattern

by elliottwave-forecast.com | July 27, 2021 3:51 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of  NIKKEI  published in members area of the Elliottwave-Forecast . As our members know, NIKKEI  is showing lower low...

Global Investing: Here’s the Message of Consumer “Overconfidence”

by ForexCycle.com | July 24, 2021 1:56 pm
By Elliott Wave International In many global regions, economies are flourishing. For example, here are two headlines about the U.S.: What America’s Startup Boom Could Mean For The Economy (npr.com, June 29)Inflation Rose in June as Economic...

JNJ Rally Has Continued, Denying The Ideal Entry

by elliottwave-forecast.com | July 22, 2021 3:59 pm
Since the crash of March 2020, all stocks have tried to recover what they lost and JNJ was no exception. Johnson & Johnson did not only recover the lost, but It also reached historic highs. Now, we...