USDCHF Reaction Lower From Equal Legs Area
Hello Traders, today we are going to have a look on how we were able to forecast the reaction lower in USDCHF from equal legs area. The pair was trading within cycle from 02.02.2023 similarly to the...
Tag: ELLIOTTWAVE
Insights into This “Old Faithful” Indicator of Financial Peaks
By Elliott Wave International Some stock market indicators have proven themselves market cycle after market cycle. For example, one indicator which has stood the test of time is a jump in the level of foreign buying near...
Morgan Stanley (MS) Favors Short Term Weakness
Morgan Stanley (MS), a financial holding company provides various financial products & services to corporations, governments, financial institutions & Individuals in the Americas, Europe, Middle East, Africa & Asia. It operates through Institutional Securities, Wealth Management &...
Caterpillar ($CAT) Showing 5 Wave Advance. What’s Next?
In today’s article, we will look at the past performance of Caterpillar Inc. ($CAT). In our last article we explained that the stock has made new all time highs and will be pulling back soon in 3 or 7...
Lithium ETF (LIT) Should See More Downside To Reach A Blue Box
The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production. The Global X Lithium & Battery Tech ETF (LIT) seeks to provide investment...
PepsiCo (PEP) Facing more Headwinds as Market Volatility Continues
PepsiCo (NASDAQ: PEP), one of the largest food and beverage companies in the world, has been facing a challenging environment in the wake of ongoing market volatility. While the company’s revenue and profits have remained relatively stable,...
‘FreePass for a Changed World’
I just got a call from a not-totally-unsavvy friend of mine who was like, “OMG! I just now realized that I can get almost 5% on my savings without any risk. I’ve got 100 grand in the...
$BMW: Weekly Bullish Sequence in BMW Calls for More Strength
BMW is one of the biggest german car manufacturers excelling in quality and technical characteristics. Investors and traders can trade the company stock under ticker $BMW in Frankfurt at XETRA. Back in April 2020, we were calling...
AAPL Reaction Allowed Longs To Get Into A Risk-Free Position
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of Apple ticker symbol: AAPL. We presented to members at the elliottwave-forecast. In which, the rally from 03 January 2023 low...
U.S. Stocks: Why Acting Independently Has Never Been More Important
By Elliott Wave International More than 20 years ago, when I was working for another company, I remember hearing a colleague say that he doesn’t look at his monthly 401k statements. The implication was clear: He couldn’t...