By Elliott Wave International “Buying the dip” might work in a rip-roaring bull market, but it can cost you your shirt in a severe downturn. Even so, this March 23 Wall Street Journal quote represents the mindset...
The $QQQ Nasdaq Tracker Long Term Cycles & Elliott Wave Firstly the QQQ instrument inception date was in March 1999. That was before it ended a larger cycle up from the all time lows in March 2000....
By Elliott Wave International A question was posed to Elliott Wave International President Robert Prechter for a classic Elliott Wave Theorist (Prechter’s monthly publication about financial markets and social trends since 1979): Under the Wave Principle, what...
In this technical blog we’re going to take a quick look at the charts of Bank Of America (BAC) published in members area of the website. As our members know BAC made 5 waves down from the...
Bayer Ag is one of the largest pharmaceutical companies in the world. Founded in 1863 and headquartered in Leverkusen, Germany, Bayer’s most famous product was aspirin. Today, the company is a part of DAX30 and of SX5E indices....
BMW is one of the biggest german car manufacturers excelling in quality and technical characteristics. From march 2015, the performance of the stock price $BMW being part of DAX is, however, in a steady decline. As a...
The next entry in the theme of Corona Virus stocks is Moderna Inc. Moderna has had a more steady advance during the COVID-19 spreading worldwide. As such, it is a bit more stable than other names I...
Elliott Wave view in Gold Miners ETF (GDX) suggests the rally from March 16, 2020 low is unfolding as a 5 waves impulsive structure. Up from March 16 low, wave (1) ended at 27.21 and pullback in...
IMF (International Monetary Fund) projects the European nations will experience a 7.5% GDP contraction this year. EU nations have been some of the hardest hit by Covid-19. Even before the pandemic, the European economy is already sluggish....
In this blog, we are going to take a look at the Elliottwave chart of GBPJPY. The 4 hour chart update below from 15 April shows that the cycle from December 12, 2019 high unfolded as 5...
