Elliottwave View: SPX Upside Move Has Resumed

by elliottwave-forecast.com | January 21, 2021 4:05 pm
Short Term Elliott Wave view in S&P 500 (SPX) suggests the Index ended wave 1 at 3726.70 and pullback in wave 2 ended at 3636.48. Internal of wave 2 unfolded as a zigzag. Wave ((a)) ended at...

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....