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Elliott Wave Journal: Market Structure, Trends & Trade Ideas
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Elliott Wave View: BAC Starts the Next Leg Higher
Bank of America (ticker: BAC) shows an Elliott Wave bullish sequence from August 15, 2019 low, favoring further upside. The decline to 27.19 ended wave (2) and the stock has…
Elliott Wave View: Nikkei Buyers in Control
Nikkei shows Elliott Wave bullish sequence from December 26, 2018 low and August 26, 2019 low. This suggests that buyers are in control and favors further upside in the Index.…
Elliott Wave View: Bullish Sequence in DAX
DAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure.…
Elliott Wave View: Rally in Amazon (AMZN) Can Fail
Short term Elliott Wave view of Amazon ($AMZN) suggests the decline to 1685.06 ended wave (A). Internal of wave (A) unfolded as a 5 waves impulse Elliott Wave structure. On the…
Elliott Wave View: Further Downside in Netflix
Short term Elliott Wave view suggests the rally to $299.5 in Netflix ($NFLX) ended wave 2. From there, the stock resumed lower and ended wave 3 at $252.03. Internal of…
Elliott Wave View: Has Silver Started the Next Leg Higher
Short term Elliott Wave view suggests the rally in Silver (XAGUSD) to 17.79 ended wave (1) as a 5 waves impulse. The pullback to 17.24 in the metal ended wave…
S&P 500 (SPX) Outlook in the Week of U.S – China Trade Talk
Ahead of the trade negotiations this week, Chinese officials have indicated they are looking for a narrower scope instead of a grand deal. Vice Premier Liu He has said he…
Elliott Wave View: Facebook can See Larger Correction
Short term Elliott Wave view on Facebook (ticker: FB) suggests the rally to 193. ended wave ((X)). The stock has resumed lower within wave ((Y)) which is unfolding as a…
Elliott Wave View: Gold May Have Completed Correction
Elliott Wave view on Gold suggests the rally from August 2018 low last year remains in progress as a 5 waves impulse Elliott Wave structure. On the 1 hour chart below,…
