By Elliott Wave International June started off with speculators decidedly negative toward the U.S. dollar. On the second day of the month, the Financial Times said: Wall Street strategists say dollar could be set for “dramatic” falls...
Elliott Wave View in SPX suggests the rally from 4.2.2020 low ended at 3233.13 high as 5 waves impulse Elliott Wave Structure. Up from 4.2.2020 low, wave (1) ended at 2954.86 high and wave (2) dips ended at...
Drive Shack ($DS) has been making steady gains since the March 2020 low. Technically speaking, it has a nice Elliott Wave chart, and is following the pattern of the general indices fairly well. Let’s take a look...
Elliott Wave View in Exxon (ticker: XOM) shows that the stock has an incomplete bearish sequence against June 8 high. The decline from June 8 high unfolded as a zigzag Elliott Wave structure, where wave (A) ended at...
By Elliott Wave International The financial sector has been one of the global stock market’s bedrocks for decades. That’s why its performance is so critical to the overall stock market health. Well, here’s a chart of the...
In this technical blog, we are going to take a look at the past performance of Elliott Wave Charts SPY, which we presented to members at elliottwave-forecast. In which, the rally from 23 March 2020 low unfolded as...
Facebook (ticker: FB) shows a higher high sequence from June 15 low, favoring further upside. The 30 minutes chart update below shows that the stock ended wave 3 at 241.75 high. Afterwards, the stock did a pullback...
By Elliott Wave International Back in early March, the behavior of the bond market was reminiscent of what unfolded during the depths of the 2007-2009 financial crisis. Prices and yields were making major moves in a short...
Gold (XAUUSD) shows a higher high sequence from 6.5.2020 low favoring further upside. Up from 6.5.2020 low, the precious metal extended higher in wave 1 as 5 waves impulse Elliott Wave Structure. The rally in wave 1...
In this blog, we are going to take a look at the Elliott Wave chart of NASDAQ Futures (NQ_F). The 1 hour London chart update from June 8, 2020 shows that the index has ended the cycle...
