$NEM Longer Term Bullish Cycles of The Newmont Corporation

by elliottwave-forecast.com | October 1, 2021 3:08 pm
$NEM Longer Term Bullish Cycles of The Newmont Corporation Firstly from the beginning of price data from back in the 1970’s not shown on the chart, the price trend was obviously up. It ended that bullish cycle...

Silver Miners ETF (SIL) Has Reached Support Area

by elliottwave-forecast.com | September 30, 2021 4:21 pm
Silver Miners ETF (SIL) has been consolidating since bottoming on January 2016 low at 14.94. Presently, it has reached 100% fibonacci extension from August 2020 peak at $26.2 – 35.3. This means the instrument can soon see...

LUV (Southwest Airlines) shows a nice Elliott wave structure

by elliottwave-forecast.com | September 30, 2021 4:20 pm
LUV (Southwest Airlines) shows a very constructive price action since the all-time lows. We can see a very nice impulse or five waves into the peak in 2017. The Elliott Wave Theory’s main message is that the...

Royal Gold ( RGLD) : The stock might show the path for Gold

by elliottwave-forecast.com | September 29, 2021 3:08 pm
Royal Gold is an ETF with a higher degree correlation with Gold and might show a path for an expected move higher in Gold into the $2700.00 area. The Symbol shows five swings or waves since the...

Bitcoin ( $BTCUSD ) Calling The Decline After 3 Waves Recovery

by elliottwave-forecast.com | September 28, 2021 4:28 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Bitcoin ($BTCUSD ) published in members area of the Elliottwave-Forecast . As our members know, we have...

JNJ Ending Diagonal Completed Expecting Further Downside

by elliottwave-forecast.com | September 27, 2021 3:29 pm
Since the crash of March 2020, all stocks have tried to recover what they lost and JNJ was no exception. Johnson & Johnson did not only recover the lost, but it also reached historic highs. In those...

Camber Energy Inc. ($CEI) Extension Higher Likely

by elliottwave-forecast.com | September 24, 2021 3:03 pm
Camber Energy has been making the rounds in the meme stock crowd the past few weeks, and for good reason.  It has enjoyed a rally from 0.33 to recent peak 1.96.  So what is behind the move? ...

NZDUSD Turning Lower From Elliott Wave Blue Box Area

by elliottwave-forecast.com | September 22, 2021 2:43 pm
In this technical blog, we are going to take a look at the past performance of NZDUSD, 4-Hour Elliott wave Charts that we presented to our members. But before looking into the Charts, we need to understand the market nature...

NexGen Energy (NXE) Correcting Cycle from March 2020 Low

by elliottwave-forecast.com | September 21, 2021 2:37 pm
NexGen Energy (ticker: NXE) has rallied over 300% this year following the spot price of Uranium. The stock got a boost this year on the back of new physical Uranium ETF by Sprott. It is the world’s...

RUSSELL Made Turn Lower After Elliott Wave Flat Pattern

by elliottwave-forecast.com | September 21, 2021 2:36 pm
In this technical blog we’re going to take a look at the Elliott Wave charts charts of Russell $RTY_F published in members area of the website. Recently the Index corrected the cycle from the 9th June peak...