DJIA Elliott Wave View: Wave ((iii)) in progress

$ INDU 6020170221205454

Short term Elliott wave view in DJIA (Dow Jones Industrial Average) suggests that the rally from 1/19 low is unfolding as a 5 waves Elliott wave impulse structure where Minute wave ((i)) ended at 20125.28, Minute wave ((ii)) ended at 19784.7, and Minute wave ((iii)) remains in progress. Internal of wave ((iii)) is showing an extension and subdivided also as an impulse structure where Minuette wave (i) ended at 20155.3, Minuette wave (ii) ended at 20015.3, Minuette wave (iii) ended at 20639.8 and … [Read more...]

DJIA Elliott Wave View: Marching higher

$ INDU 6020170220211613

Short term Elliott wave view in DJIA (Dow Jones Industrial Average) suggests that the rally from 1/19 low is unfolding as a 5 waves Elliott wave impulse structure where Minute wave ((i)) ended at 20125.28, Minute wave ((ii)) ended at 19784.7, and Minute wave ((iii)) remains in progress. Internal of wave ((iii)) shows an extension and subdivided also as an impulse structure where Minuette wave (i) ended at 20155.3, Minuette wave (ii) ended at 20015.3, Minuette wave (iii) ended at 20639.8 and … [Read more...]

Under Armour (Sportswear) Ready for Glory Days

Under Armour ( UAA ) 01.02.2017 Monthly Chart

SportsWear Market Analysis When people talk about Sportswear , you will always hear either Nike or Adidas as they are the most used brands in the world despite other known names like Puma , Asics or Converse . Nike established it self as the world’s leading innovator in sports related footwear, clothing, tools and accessories beating Adidas which is the largest sportswear manufacturer in the European Continent . However in 2014 , Under Armour ( American sports clothing and accessories company ) … [Read more...]

SPX and The Presidential Cycles

SPX and Presidential Cycle

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 is able to anticipate the future and we have proved that time and again over the years. Looking at the SPX cycles since the all-time lows, it is very clear how every swing … [Read more...]