India’s Nifty 50: Does the Bad Jobs Outlook Spell Trouble for Stocks?
By Elliott Wave International There are a lot of mouths to feed in India — north of 1.3 billion. That means a lot of jobs are required to put food on the table for a lot of...
Tag: ELLIOTTWAVE
Elliott Wave View: Nikkei (NKD_F) Reaching Support Area
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...
GBPUSD Incomplete Bearish Sequences Calling The Decline
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD, published in members area of the website. As our members know GBPUSD has incomplete bearish sequences...
Junk Bonds: 2 “Golden” Junctures
By Elliott Wave International The Golden Ratio — 1.618 or .618 — is ubiquitous throughout nature. You’ll find this mathematical proportion in the shapes of galaxies, sea horses, pine cones, the arrangement of seeds on a sunflower...
Elliott Wave View: Virgin Galactic ($SPCE) Extending The Impulse
Virgin Galactic ($SPCE) has had an impressive rally after setting all time lows after its IPO in the fall of 2019 and continues to impress as it extends the rally in a wave ((3)) impulse. Up from...
Bausch Health (BHC) Drops More than 10% After Q4 Results
Bausch Health (Ticker: BHC) reported Q4 revenue of $2.22 billion, which is a 5% YoY increase. The result was slightly higher than the consensus estimate of $2.2 billion. The company also reported a $1.51 billion net loss,...
Elliott Wave View: NASDAQ (NQ_F) Continues Marching to All-Time High
Short term Elliott wave view in NASDAQ (NQ_F) suggests the Index ended the cycle up from February 1, 2020 low in wave 1 at 9687.50 high. The index then corrected that cycle up in wave 2 as...
INDU Buying The Dips At The Blue Box Area
Hello fellow traders. INDU is another instrument that we have been trading lately . In this technical blog we’re going to take a quick look at the Elliott Wave charts of INDU, published in members area of...
The Shanghai Composite and Coronavirus: A Revealing Perspective
By Elliott Wave International China’s Shanghai Composite has been in a large-scale downtrend for about 13 years. So, when the news of the coronavirus outbreak hit, it came as less of a shock to Elliott Wave International’s...
CADJPY Forecasting The Bounce From Blue Box Area
In this blog, we are going to take a look at the Elliottwave chart of CADJPY. The rally from August 26, 2019 low unfolded as 5 waves impulsive move up in wave (A) as a diagonal. Based on...