Elliott Wave View: Peloton ($PTON) The Next Leg Up

by elliottwave-forecast.com | March 3, 2020 5:24 pm
Peloton ($PTON) had a very nice run before topping December 2019, and could be ready for the next leg up.  The caveat with analyzing companies that have recently gone public is there is not much history to...

AUDJPY at 11 Year Low Amidst Coronavirus Fear

by elliottwave-forecast.com | March 2, 2020 4:02 pm
AUDJPY sank to 11 year low last week as the market is pricing in a drastically lower Australia’s growth outlook. The coronavirus outbreak around the world has disrupted everything from travel, supply chain, and daily activities. The...

USDSGD Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | March 2, 2020 3:59 pm
Hello fellow traders. USDSGD is another forex pair that we have been trading lately . In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDSGD , published in members...

How Moving Averages Help You to Define the Trend

by ForexCycle.com | February 29, 2020 12:42 am
By Elliott Wave International The “moving average” is a technical indicator of market strength which has stood the test of time. More than 30 years ago, Elliott Wave International President Robert Prechter described this indicator in his...

Elliott Wave View: Dow Jones Futures (YM_F) Target Lower

by elliottwave-forecast.com | February 28, 2020 4:51 pm
Short term Elliott Wave view in Dow Futures (YM_F) suggests the Index ended the cycle up from October 3, 2011 low in wave (III) at 29543 high.  The index is correcting that cycle in wave (IV) as...

Elliott Wave View: S&P Futures ($ES_F) Downside Target

by elliottwave-forecast.com | February 27, 2020 4:40 pm
Short term Elliott Wave view in E-mini S&P 500 (ES_F) suggests the Index ended the cycle up from June 3, 2019 low in wave ((3)) at 3397.50 high. The index is correcting that cycle in wave ((4))...

Beyond Meat Inc (NASDAQ: BYND) – Starting an Impulsive Cycle

by elliottwave-forecast.com | February 26, 2020 4:28 pm
Beyond Meat Inc (NASDAQ: BYND) is a producer of plant-based meat substitutes including products designed to simulate chicken, beef, and pork sausage. After IPO, BYND surged 250% for 3 months then it came down erasing all gains and settling around 15% on December...

Elliott Wave View : GDX Looking to Extend Higher

by elliottwave-forecast.com | February 26, 2020 4:27 pm
Short term Elliott wave view in GDX ETF suggests the rally from January 14, 2020 low in wave (3) has ended at 31.98 high. The cycle unfolded as a 5 waves impulse Elliott Wave structure. Up from January...

Elliott Wave View: Nikkei (NKD_F) Reaching Support Area

by elliottwave-forecast.com | February 25, 2020 3:58 pm
Short term Elliott wave view in Nikkei (NKD_F) suggests the Index is doing a larger degree pullback to correct the cycle up from August 26, 2019 low in wave IV, which is unfolding as a flat. Wave...