Elliott Wave View: SPX Resumes Correction Lower

by elliottwave-forecast.com | June 26, 2020 3:38 pm
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...

Elliott Wave View: SPX Should Extend Higher

by elliottwave-forecast.com | June 9, 2020 3:50 pm
Incomplete bullish sequence in S&P 500 (SPX) from 3.23.2020 low suggests the Index should stay supported. Up from the Covid-19 selloff low on 3.23.2020, Index has resumed higher as a 5 waves Impulse Elliott Wave structure. Wave...

Elliott Wave View: S&P 500 (SPX) Recovery in Progress

by elliottwave-forecast.com | March 25, 2020 5:08 pm
Short Term Elliott Wave view in S&P 500 (SPX) suggests that cycle from February 20, 2020 high has ended at 2199.5 low as wave a. Internal of wave a unfolded as a 5 waves impulse Elliott Wave...

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....

Emerging Market (EEM) Likely Will See New Highs

by elliottwave-forecast.com | January 31, 2020 5:01 pm
The Emerging Market (EEM) trade within the same cycles as World Indices. However, when comparing it to Indices like $SPY and $SPX, EEM lag behind after it bottomed in 11.2008. Looking at the Grand Super Cycle price...

Advanced Micro Devices INC: $AMD Reaching Target Area

by elliottwave-forecast.com | January 8, 2020 4:21 pm
Advanced Micro Devices INC ($AMD) has been in a tremendous rally since the lows in 2015. The Instrument is rallying within the Grand Supercycle, and the target is between $50.32-$61.81 area. We have been calling this target...

World Indices Up and Running

by elliottwave-forecast.com | December 19, 2019 4:53 pm
As we have anticipated and communicated in every opportunity, world indices keep trading into new all-time highs. They should still continue to extend in years to come. It is easy to try picking the tops after the...

Elliott Wave View: Bullish Sequence Suggests Supported SPX

by elliottwave-forecast.com | November 26, 2019 10:42 pm
Elliott Wave View in SPX suggests that the sequence in the index from December 26.2018 low remains incomplete to the upside suggests any dips should remain supported in 3, 7 or 11 swings looking for more upside....

Trade War Escalation Put Selling Pressure to S&P 500 (SPX)

by elliottwave-forecast.com | August 26, 2019 6:44 pm
Last week, there was anticipation of market volatility as the Fed’s Chairman Jerome Powell was scheduled to speak at Jackson Hole. President Trump and China however stole the show. China introduced fresh retaliatory tariffs on $75 billion...