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...

Elliott Wave View: S&P 500 (SPX) Ending Wave 5

by elliottwave-forecast.com | April 3, 2019 10:19 am
Cycle from Dec 26, 2018 low in S&P 500 (SPX) remains in progress as an impulse Elliott Wave structure. In the 1 hour chart below, we can see wave (4) of this impulsive move ended at 2722.27. The...

ZN_F Elliott Wave Analysis, USDJPY and SPX

by elliottwave-forecast.com | March 26, 2019 6:12 pm
ZN_F has rallied throughout March so in this blog, we will take a look at the Technical outlook for ZN_F (US 10 Year Note Futures), present Elliott wave count and also correlate it with USDJPY and $SPX...

$SPX: Who is Right? The Fed or President Trump

by elliottwave-forecast.com | February 19, 2019 8:08 pm
The S&P 500 ($SPX) had the worst December in history as the market got nervous. Many started to guess the possible reasons and came up with many different arguments. There were several reasons like the trade wars...

Elliott Wave View looking for SPX Rally to Fail

by elliottwave-forecast.com | January 8, 2019 8:58 pm
Short term Elliott Wave view in SPX suggests that the decline to 2346.58 ended wave (3). The Index is currently correcting in wave (4) as a double three Elliott Wave structure. Up from 2346.58, wave W ended...

Elliott Wave Analysis: SPX Bounce Expected to Fail

by elliottwave-forecast.com | December 12, 2018 1:35 pm
SPX has broken below Oct 30 low (2603.54), i.e. Primary wave ((W)), opening further downside with incomplete bearish sequence from Sept 21 high (2940.91). Near term Elliott Wave view suggests the decline to 2603.54 on Oct 30...