Elliott Wave View: Nasdaq Short Term Upside Target
Nasdaq (NQ_F) has broken above June 23 high suggesting that the next leg higher has started. Cycle from 6.24 high ended in wave IV as zig-zag Elliott Wave Structure. Wave…
iBioPharma Inc. ($IBIO) Looking for more upside
The next entry in the theme of Corona Virus stocks is iBioPharma Inc. iBio has had a steady advance during the COVID-19 spreading worldwide. It also remains very technical as…
XOM Elliott Wave View: Forecasting Decline Lower
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of the Exxon Mobil ticker symbol: XOM. In which, the…
$SAN : Banco Santander may provide timing for stocks to rally
Banco Santander is the largest bank in Spain and the 5th largest bank in Europe. Traded under ticker $SAN at BMAD and NYSE, it is a component of the EuroStoxx50…
$FXE Elliott Wave and Longer Term Cycles
$FXE Elliott Wave and Longer Term Cycles Firstly as seen on the weekly chart shown below the instrument made a high in April 2008. There is data back to December…
Bullish Breakout in GDXJ (Gold Miners Juniors) Imminent
Gold market continues to extend higher with uncertainties in pandemic and ultra-loose monetary policy by central banks. It has printed a 7 year high of $1779 and shows no sign…
Elliott Wave View: SPX Resumes Correction Lower
Elliott Wave View in SPX suggests the rally from 4.2.2020 low ended at 3233.13 high as 5 waves impulse Elliott Wave Structure. Up from 4.2.2020 low, wave (1) ended at 2954.86…
Drive Shack ($DS) Incomplete Bullish Sequence
Drive Shack ($DS) has been making steady gains since the March 2020 low. Technically speaking, it has a nice Elliott Wave chart, and is following the pattern of the general…
Elliott Wave View: Exxon Mobil Pulling Back
Elliott Wave View in Exxon (ticker: XOM) shows that the stock has an incomplete bearish sequence against June 8 high. The decline from June 8 high unfolded as a zigzag Elliott…
