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Elliott Wave Journal: Market Structure, Trends & Trade Ideas
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Russell 2000 (RTY) Soon Will Open Bearish Sequence
Russell 2000 (RTY) is close to breaking below 6.16.2022 low at 1640.70. A break below that level will open a bearish sequence from 11.8.2021 peak favoring further downside. Short term…
S&P 500 (SPX) Looking to End Diagonal
Short term Elliott Wave View in S&P 500 (SPX) suggests that cycle from 7.28.2023 high is in progress as a diagonal structure. Down from 7.28.2023 high, wave 1 ended at…
Bitcoin (BTCUSD) Looking to Extend Higher as Impulse
Short Term view of Bitcoin (BTCUSD) suggests that cycle from 9.11.2023 low is in progress as an impulse Elliott Wave structure. Up from 9.11.2023 low, wave 1 ended at 27493.1…
EURJPY Extends Higher in Bullish Cycle
EURJPY extends higher and the pair has broken above the previous high on 8.30.2023 at 159.76 suggesting the next leg higher has started. Cycle from 10.3.2023 low is currently in…
NZDUSD Looking to End 5 Waves Move
Short Term Elliott Wave in NZDUSD shows pair is unfolding as a 5 waves move lower from 2.2.2023 high. Down from 2.2.2023 high, wave 1 ended at 0.6084 and rally…
Dow Futures (YM) Pullback May Find Support
Short Term Elliott Wave in Dow Futures (YM) suggests the decline from 7.27.2023 high has ended with wave (W) at 33014. The Index is now correcting that cycle in wave…
Light Crude Oil (CL) Shows 5 Swing Sequence Favoring More Upside
Short Term Elliott Wave in Light Crude Oil (CL) suggests the decline from 9.28.2023 high ended wave (W) at 81.53. Internal subdivision of (W) unfolded in a double three Elliott…
Boeing (BA) Looking to End Impulsive Decline Soon
Short Term Elliott Wave in Boeing (BA) suggests the decline from 8.1.2023 high is unfolding as a 5 waves impulse. Down from 8.1.2023 high, wave 1 ended at 212.88 and…
Silver (XAGUSD) Pullback May See Buyers and Resume Higher
Short Term Elliott Wave in Silver (XAGUSD) suggests cycle from 5.5.2023 high ended with wave ((2)) at 20.65. Internal subdivision of wave ((2)) unfolded in a double three Elliott Wave…
