This Will Signal the Bear Market’s Halfway Point

by ForexCycle.com | March 14, 2020 2:14 pm
By Elliott Wave International On March 12, the date the DJIA closed lower more than 2350 points, the U.S. chief equity strategist for a major financial firm appeared on Bloomberg after the market close and opined that...

Did the Oil Crash Wreck the Stock Market?

by ForexCycle.com | March 13, 2020 5:48 am
By Elliott Wave International Crude oil took a 30% dive on Sunday, March 8. Yet what’s happened in oil this year is so much bigger than that headline-grabbing, one-day move. In January, oil was $64 a barrel....

Elliott Wave View : S&P 500 (SPX) Reaching Inflection Area

by elliottwave-forecast.com | March 12, 2020 3:57 pm
Short term Elliott Wave view in S&P 500 (SPX) suggests cycle from February 19, 2020 high is unfolding as a double three Elliott Wave structure.  Down from February 19, 2020 high, wave ((W)) ended at 2855 low....

XLE Selling The Short Term Elliott Wave Blue Box Area

by elliottwave-forecast.com | March 11, 2020 3:45 pm
In this technical blog, we are going to take a look at the past performance of XLE 1-Hour Elliott wave Charts that we presented to our members. In which, the decline from 4/23/2019 peak took place as...

Elliott Wave View: BAC Looking for More Downside

by elliottwave-forecast.com | March 11, 2020 3:43 pm
Bank of America (Ticker: BAC) decline from December 27, 2019 high is unfolding as a 5 waves impulsive Elliott Wave structure. Down from December 27 high, wave ((1)) ended at $32.47 and wave ((2)) ended at $35.45....

How Hangseng Called for More Downside In US Markets

by elliottwave-forecast.com | March 11, 2020 3:42 pm
We at Elliottwave-Foreast.com use a lot of market correlation to derive our forecasts alongside other tools that we use. In this article, we would look at a recent example of Market correlation used in our forecasts and...

NASDAQ (NQ_F) Incomplete Sequence Targeting Lower

by elliottwave-forecast.com | March 11, 2020 3:41 pm
In this blog, we are going to take a look at the Elliottwave chart of NASDAQ.  Based on the daily chart shown below, NASDAQ has ended the rally from 2009 low at 9760.61 high.  The index is...

See what Elliott waves show next for stocks (on the house)

by ForexCycle.com | March 11, 2020 2:46 pm
Our friends at Elliott Wave International have been guiding investors through bull and bear markets since 1979. From that long experience, they know that at certain market junctures, they can help the most by giving everyone their...

Elliott Wave View: Nike Rally Expected to Fail

by elliottwave-forecast.com | March 10, 2020 4:23 pm
Nike (Ticker: NKE) shows an incomplete sequence from January 22, 2020 high suggesting further downside is likely. The decline from January 22 high is unfolding as a double three Elliott Wave structure where wave ((W)) ended at...

EURJPY Incomplete Bearish Sequences Calling The Decline

by elliottwave-forecast.com | March 10, 2020 4:21 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURJPY, published in members area of the website. As our members know, recently we were calling the decline in EUJPY...