PNC Financial Services Correction Could Provide Investment Opportunity

by elliottwave-forecast.com | March 20, 2023 7:58 pm
PNC Financial Services NYSE (PNC) is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. The stock is currently down 45% form all time highs. Investors are looking for clues into the current...

How did Gold Miners ($GDX) Provide an Intraday Setup Last Week?

by elliottwave-forecast.com | March 20, 2023 7:37 pm
Hello Traders! In today’s article, we will look at the past performance of the 1 Hour Elliottwave chart of $GDX. The rally from 3.09.2023 low unfolded as 5 waves which created a bullish sequence in our system....

XPEV Elliott Wave Analysis: More Selling or Buyers to Appear Soon?

by elliottwave-forecast.com | March 16, 2023 6:25 pm
XPeng, Inc. (XPEV) designs, develops, manufactures, and markets smart electric vehicles. It produces environmental friendly vehicles, namely SUVs (the G3), and a four-door sports sedan (the P7). The company was founded by Xiao Peng He, Heng Xia,...

NIFTY Elliott Wave: Calling The Decline After 3 Waves Bounce

by elliottwave-forecast.com | March 16, 2023 6:12 pm
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of NIFTY  Index published in members area of the website.  As our members know NIFTY is showing incomplete...

$MTX: MTU Aero Engines Trading in Bullish Sequence

by elliottwave-forecast.com | March 15, 2023 12:28 am
MTU Aero Engines AG is a German aircraft engine manufacturer. It develops, manufactures and provides service support for civil and military aircraft engines. Founded in 1934 and headquartered in Munich, Germany, it can be traded under the ticker...

Gold Miners Junior ($GDXJ) Should Resume Higher in 2023

by elliottwave-forecast.com | March 14, 2023 11:49 pm
Gold Miners Junior (ticker: GDXJ) should finish the correction to the cycle from September 2022 low sometimes this year and resumes higher. At this stage, there’s still no strong confirmation whether the correction has ended thus we...

USDCHF Reaction Lower From Equal Legs Area

by elliottwave-forecast.com | March 14, 2023 11:07 pm
Hello Traders, today we are going to have a look on how we were able to forecast the reaction lower in USDCHF from equal legs area. The pair was trading within cycle from 02.02.2023 similarly to the...

Morgan Stanley (MS) Favors Short Term Weakness

by elliottwave-forecast.com | March 13, 2023 6:00 pm
Morgan Stanley (MS), a financial holding company provides various financial products & services to corporations, governments, financial institutions & Individuals in the Americas, Europe, Middle East, Africa & Asia. It operates through Institutional Securities, Wealth Management &...

Caterpillar ($CAT) Showing 5 Wave Advance. What’s Next?

by elliottwave-forecast.com | March 13, 2023 5:43 pm
In today’s article, we will look at the past performance of Caterpillar Inc. ($CAT). In our last article we explained that the stock has made new all time highs and will be pulling back soon in 3 or 7...

Lithium ETF (LIT) Should See More Downside To Reach A Blue Box

by elliottwave-forecast.com | March 13, 2023 5:24 pm
The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production. The Global X Lithium & Battery Tech ETF (LIT) seeks to provide investment...