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Elliott Wave Journal: Market Structure, Trends & Trade Ideas
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
QQQ Looking to Complete 5 Waves Rally
Short Term Elliott Wave view in QQQ suggests that rally from 1.5.2024 low is in progress as a 5 waves impulse structure. Up from 1.5.2024 low, wave ((i)) ended at…
Bitcoin (BTCUSD) Looking for Support Soon
Short Term Elliott Wave view in Bitcoin (BTCUSD) suggests it is currently doing a pullback starting from 1.11.2024. The decline is taking the form of a zigzag Elliott Wave structure. …
Dow Futures (YM) Pullback Should Find Support in 3, 7, 11 Swing
Short Term view on Dow Futures suggests rally from 10.27.2023 low ended at 38113 as wave (3). Pullback in wave (4) unfolded as a double three Elliott Wave structure. Down…
American Airlines (AAL) Getting Ready to Break Higher
Short Term view on American Airlines (AAL) suggests that rally to 14.65 on December 15, 2023 high ended wave (A). Pullback in wave (B) is proposed complete at 12.78 as…
S&P 500 (SPX) Looking for Further Upside
Short term Elliott Wave View in S&P 500 (SPX) suggests that rally to 4793.3 ended wave (3). Pullback in wave (4) is unfolding as a double three Elliott Wave structure.…
Microsoft (MSFT) Should Remain Supported
Short term Elliott Wave View in Microsoft (MSFT) suggests rally from 12.15.2023 low is unfolding as a 5 waves impulse. Up from 12.15.2023 low, wave ((i)) ended at 376.94 and…
Russell 2000 (RTY) Rally Should Fail for More Downside
Short term Elliott Wave View in Russell 2000 (RTY) suggests the decline from 12.28.2023 high is unfolding as a double three Elliott Wave structure. Down from 12.28.2023 high, wave W…
EURUSD Short Term Looking for Further Downside
Short term Elliott Wave View suggests $EURUSD ended wave 1 rally at 1.11395. Pair is now doing wave 2 pullback to correct cycle from 10.03.2023 low. Wave 2 subdivides into…
NZDUSD Extending Lower in Zigzag Correction
Short term Elliott Wave View in NZDUSD suggests that rally to 0.637 ended wave 1. Pair is now doing wave 2 pullback to correct cycle from 10.26.2023 low. Internal subdivision…
