Elliott Wave Journal: Market Structure, Trends & Trade Ideas
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
The Gold Miners ETF (GDX) is showing promising signs for investors as it approaches a critical support zone. Since the low on December 30, 2024, GDX has been tracing a…
Silver’s rally from its April 7, 2025, low has unfolded as an impulsive Elliott Wave structure, completing Wave (1) at $33.67. The metal is now in a corrective Wave (2)…
Since reaching a low of $74,434 on April 7, 2025, Bitcoin (BTCUSD) has surged impressively, climbing in a five-wave impulse structure with an extended (nested) formation. This rally has unfolded…
The Nasdaq 100 ETF (QQQ) experienced a significant selloff following a tariff announcement, dropping from an all-time high of $540.81 to a low of $402.39 on April 7, 2025. This…
The S&P 500 ($SPX) has shown significant correction since its peak on February 17, 2025, before a tariff announcement. We propose that the corrective phase, labeled as wave (II), concluded…
The current market cycle for Light Crude Oil (CL), starting from its high on January 15, 2025, is unfolding as a double three Elliott Wave pattern. This technical structure suggests…
The USD/JPY currency pair is showing a bearish trend that began on July 3, 2024, and is expected to continue declining toward the 136.50 level. In the short term, the…
The Nifty Index has staged a notable recovery after a selloff that began on September 27, 2024, from a high of 21,748.65. We label this decline as wave (II), and…
Nasdaq Futures (NQ) experienced a sharp selloff following a tariff announcement by President Trump, with the decline starting from a peak on December 16, 2024, at 22,450. The selloff concluded…