World Indices Bulls: Warning Signs Starting To Show

by elliottwave-forecast.com | October 8, 2020 3:32 pm
World Indices, as we always said at Elliott Wave Forecast, are an easy trade across the Marketplace. Indices by nature will always be trending higher. Unfortunately, many traders do not understand that concept. Our nature is bullish, we...

SPY: The Decision Time is Coming Soon

by elliottwave-forecast.com | September 1, 2020 3:53 pm
SPY: The Decision Time is Coming Soon The Index is within the Grand Super Cycle and is showing a clear five waves structure. The Elliott wave Theory states that after five waves a three waves pullback will...

Elliott Wave View: Support Expected in SPY Pullback

by elliottwave-forecast.com | August 26, 2020 4:24 am
Elliott Wave View of SPY suggests the rally from July 25,2020 low has ended at 339.61 high as wave 3. Afterwards, the ETF did a pullback in wave 4 to correct that cycle.  The dip unfolded as zigzag Elliott...

Elliott Wave View: SPY Looking to Extend Higher

by elliottwave-forecast.com | July 7, 2020 4:16 pm
SPY has ended the cycle from June 16 high in wave (2), which unfolded as a double three Elliott Wave Structure. From June 16 high, wave W ended at 305.85 low. Wave X bounce ended at 314.57...

SPY Elliott Wave View: Ready To Resume Higher?

by elliottwave-forecast.com | June 24, 2020 4:13 pm
In this technical blog, we are going to take a look at the past performance of Elliott Wave Charts SPY, which we presented to members at elliottwave-forecast. In which, the rally from 23 March 2020 low unfolded as...

Elliott Wave View: SPY Has Resumed Wave 3 Higher

by elliottwave-forecast.com | May 19, 2020 3:16 pm
Short Term Elliott Wave view in SPY (S&P 500 ETF) suggests the rally from 3.23.2020 ended at 296.77 as wave ((1)). Pullback in wave ((2)) is proposed complete at 273.07 as the 30 minute chart below shows....

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...

$SPY Expanded Flat, Déjà Vu All Over Again

by elliottwave-forecast.com | November 3, 2019 1:18 pm
A Flat is one of the corrective structures in the Elliott Wave Theory. It is in our opinion the most dangerous and also less reliable structure. The reason is because a Flat allow analysts and traders to...