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Chart of the Day |  6 December 2024

Elliott Wave View: Strong Impulsive Rally in American Airlines (AAL) Favors Upside

Short Term Elliott Wave in American Airlines (AAL) suggests that rally from 11.6.2024 low is in progress as an impulse. Up from 11.5.2024 low, wave ((i)) ended at 15.13 as the 1 hour chart below shows. Pullback in wave ((ii)) unfolded as a double three Elliott Wave structure.  Down from wave ((i)), wave a ended at 14.7 and wave b ended at 15.05...

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Featured Articles, News & Analysis

Stock Market

Elliott Wave Analysis: BAC Found Support From Blue Box

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Elliott Wave Analysis: BAC Found Support From Blue Box

Hello traders. Welcome to another blog post where we share how members of Elliottwave-Forecast trade using the Elliott wave theory. In this post, the spotlight will be on the Bank of America Corporation BAC, which has the ticker $BAC. BAC is one of the stocks still recovering from the 2008 global financial crisis. After plunging […]

Cryptos

KARRAT Coin Gearing Up for Bullish Nest Breakout

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KARRAT Coin Gearing Up for Bullish Nest Breakout

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Commodities

XAUUSD Perfectly Reacting Higher From The Blue Box Area

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XAUUSD Perfectly Reacting Higher From The Blue Box Area

In this blog, we take a look at the past performance of XAUUSD charts. In which, the gold perfectly reacting higher from the blue box area.

Elliottwave

Live Trading Room Performance in 2023 Produces 69% Return

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Live Trading Room Performance in 2023 Produces 69% Return

Last year, our live trading room provides 69% return annually across the 3 groups that we cover. In Live Trading Room, we scan the market everyday to find any tradable setup. We believe every serious traders need to have a good trading system with specific rules. A complete system must include the following: 1. Conditions […]