In this technical blog, we are going to take a look at the past 1-hour chart’s performance of the Soybean Futures. But before looking further into the Charts, we must need to understand the market nature first. The market...
Elliott Wave View suggests USDCHF rally from March 9 low is unfolding as 5 waves impulse structure. Up from March 9 low, wave ((1)) ended at 0.9889, and wave ((2)) pullback is proposed complete at 0.9497. Internal...
The Corona Virus has provided some tremendous rallies in the healthcare and bio science sectors. Allied Healthcare Products Inc. is one of those names that has gone parabolic with the COVID-19 spreading worldwide. It still remains very...
By Elliott Wave International In the world of investing, “complacency” is a potentially hazardous state of mind. Consider that every year, September and October have often been rough on investors. But, in 2019, the S&P 500 had...
Zoom Video Communications Inc (NASDAQ: ZM) is an American remote conferencing services company that combines video conferencing, online meetings, chat, and mobile collaboration. The stock has gained 90% since February before giving up half of the gains last...
S&P 500 E-Mini Futures (ES_F) broke above last week’s high at 2635.75 and shows incomplete sequence from 3.23 low, favoring further upside in near term. Short Term Elliott Wave suggests the rally from 3.23 low (2174) is...
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....
The $UUP Bullish Cycles from May 2011 Lows Firstly the dollar tracking ETF fund $UUP inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The $UUP ETF fund shows a low in...
Hello fellow traders. In this technical blog we’re going to take a look at the Elliott Wave charts of COFFEE Futures ( $KC_F ) published in members area of the website. The Commodity corrected the cycle from...
By Elliott Wave International Let’s start by establishing that the stock market is not driven by the news. Aggregate stock prices are driven by waves of optimism and pessimism — which go from one extreme to another...
