XME Reacting Strongly From The Blue Box Area

by elliottwave-forecast.com | June 29, 2022 9:24 pm
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of XME ETF. In which, the decline from 08 June 2022 high unfolded as an impulse sequence and showed a lower low...

COF : Expect Short Term Weakness Before Resumes Upside

by elliottwave-forecast.com | June 27, 2022 1:51 pm
Capital One Financial Corporation., (COF) operates as the financial services holding company for the Capital One Bank & National Association. Capital One & National Association provides various financial products & services in the US, Canada and UK....

Bull Market Could Have Arrived to Swiss Index (SMI)

by elliottwave-forecast.com | June 27, 2022 1:36 pm
The Swiss Market Index (SMI) is one of the other Capital Markets worldwide that was building a motive wave from the lows of March 2020. That impulse we called wave I and we believe correction as wave...

CHFJPY – Taking Advantage of Weakening Yen

by elliottwave-forecast.com | June 27, 2022 3:43 am
We saw a surge in the market in CHFJPY last week. First time since 2007, SNB have increased their interest rate by 50 basis points. This occurred as soon as the FED raised their interest rates.  Therefore,...

USDNOK – Dollar Sees a Reaction from Blue Box

by elliottwave-forecast.com | June 27, 2022 3:29 am
We have been pretty bullish on the USDNOK throughout the year and Dollar has more strength to come to support this pair. Recently, we posted a trade idea on USDNOK that the market was correcting in a...

XOM Elliott Wave View: Soon Longs Should Be Risk Free

by elliottwave-forecast.com | June 22, 2022 1:49 pm
In this technical blog, we will look at the past performance of the 4hr Elliott Wave Charts of XOM. In which, the rally from the 23 March 2020 low is unfolding as an impulse and showed a...

Chewy.com ($CHWY) One More Low before bottom?

by elliottwave-forecast.com | June 21, 2022 4:09 pm
Chewy.com is an e-commerce company that specializes in pet food.  Along with many other stocks, prices started a new cycle higher in March 2020.  Chewy is now correcting that cycle and currently going fairly deep, and threatening...

MRO Elliott Wave Analysis: Reaching Short Term Extreme Area

by elliottwave-forecast.com | June 21, 2022 2:26 pm
Marathon Oil Corporation ticket symbol: MRO engages in the exploration, production, and marketing of liquid hydrocarbons and natural gas. It operates through the following two segments: United States (U. S.) and International. The U. S. segment engages...

BX – Correction Expect to Continue Before Rally Resumes

by elliottwave-forecast.com | June 20, 2022 2:17 pm
Blackstone Inc., (BX) is an alternative asses management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt & multi-asset class strategies. The firm typically invests in early stage companies....