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...

Elliott Wave View: SPY Can See Further Strength in Short Term

by elliottwave-forecast.com | September 22, 2019 8:20 pm
SPDR S&P 500 ETF (SPY) shows an incomplete sequence from June 3, 2019 low with a 100% extension target towards 306.3 – 313.2. In the chart below, we took the more aggressive view of the rally. We...

Elliott Wave Theory: SPY What does $318.00 mean

by elliottwave-forecast.com | May 1, 2019 11:37 am
SPY. The Elliott wave Theory is a Technical Analysis method that traders use to analyze the market and located the trend by using the relationship between highs and lows and applying a system developed by Ralph Nelson...

General Motors: The Price Action is Key for World Indices

by elliottwave-forecast.com | April 4, 2019 3:21 pm
Most of the World Indices have ended the cycle from the post-2009 Financial crisis low. But still, there are few Indices which are due for another cycle higher. SPX and SPY are running in an Elliott Wave...

SPY : The Index Heading for All-Time High

by elliottwave-forecast.com | February 21, 2019 9:12 pm
The ETF is rallying from the blue box after forming the low on 12.26.2018, Blue box is an area where buyers and sellers agree in the next direction. We have developed a system in which we present...

$SPY : More Volatility Still To Come Due to Market Nature.

by elliottwave-forecast.com | February 6, 2019 6:34 pm
$SPY : More Volatility Still To Come Due to Market Nature Looking at the Monthly chart of the Index, we can conclude that most Volatility is still to come. The Market by nature advances with the trend...

SPX Bounce from the 8/21 lows is Impulsive

by elliottwave-forecast.com | November 14, 2017 10:43 am
Hi fellow traders.  The $SPX Bounce from the 8/21 lows is impulsive as the title suggests and does display the usual characteristic traits of an Elliott Wave impulse. Looking back previously before this 8/21 date, the stock index is within an...