$SPX WEEKLY flat20160715090140

As Humans, we tend to form a worldview about everything. For generations, many great individuals have fought wars and lost lives because they have a firm belief in a particular worldview. The same thing can be applied in trading. In the world of trading, we too tend to have particular view about the direction of the market. However, as […]

  • SPX and The Presidential Cycles

    SPX and The Presidential Cycles


    The Market, for years, has been seen as a reaction to a series of events around the world and how investors react to those events. Without any question, the United States of America presidential election is one of most watched events around the World. We at Elliottwave-Forecast.com, believe in the idea that the Technical trade […]

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  • Time to Take some Profits in American Express ( AXP )

    Time to Take some Profits in American Express ( AXP )


    American Express There was no market crash after the US Election results , ” Trump Rally ” that’s what everybody is calling it as US indices and US Dollar surged higher doing the best rally that market have seen in years with many instruments hitting new all time highs like ( SPX & DJIA ) and others […]

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  • Amazon (AMZN) Short Term Correction

    Amazon (AMZN) Short Term Correction


    AMAZON Amazon is one of the fewest company that kept a strong portfolio during the recent decades even after 2 stock market crises . The company issued its initial public offering of stock on 1997, trading under the NASDAQ stock exchange symbol AMZN, at a price of $1.50 per share and since then the price just kept […]

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  • $SPX Elliott waves calling the decline & then the bounce

    $SPX Elliott waves calling the decline & then the bounce


    In this Technical blog we are going to take a look at $SPX 4 hour October 13th 2016 chart. In which instrument was showing 5 swings from August 15th peak, which is incomplete bearish sequence in New Elliott wave theory. So the idea was selling the bounces against September 22nd peak in sequence of 3, […]

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  • IYR ( U.S. Real Estate ETF ) short term bounce

    IYR ( U.S. Real Estate ETF ) short term bounce


    IYR is the iShares Dow Jones U.S. Real Estate ETF that tracks a market-cap-weighted index of US real estate equities listed on the major US exchanges giving an exposure to U.S. real estate companies and REITs , which invest in real estate directly and trade like stocks . After ending a cycle on 7/29/2016 ( 85.80 […]

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  • $QCOM Daily Elliott Wave Analysis

    $QCOM Daily Elliott Wave Analysis


    Here is a daily Elliott wave analysis of Qualcomm Incorporated based in California, USA. This Nasdaq stock is well below it all time peak back in the year 2000 and did suffer a quite a pullback lower with the rest of the market into 2002 then has traded sideways to higher from there. Most recent larger […]

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