Advanced Micro Devices INC: $AMD Reaching Target Area
Advanced Micro Devices INC ($AMD) has been in a tremendous rally since the lows in 2015. The Instrument is rallying within the Grand Supercycle, and the target is between $50.32-$61.81…
Chesapeake Energy Corp (CHK) : Exxon Mobil Will Determine The Turn
CHK have been in a tremendous downside trend since peak at 2011 and has already missed an opportunity for a turn. The instrument is showing a very technical decline in…
$SPY price action is in alignment with US 2020 Elections or Impeachment debate
The $SPY has been trading higher since the summer of 2019's correction. The Index has made new all time high as we have been forecasting at Elliottwave-Forecast.com. It is currently…
Brexit and the Impact on Poundsterling
We conducted a Free Seminar "Brexit and the Impact on Poundsterling" on Saturday November 2, 2019. Below is a brief summary and the recording of the seminar. Latest development on…
$SPY Expanded Flat, Déjà Vu All Over Again
A Flat is one of the corrective structures in the Elliott Wave Theory. It is in our opinion the most dangerous and also less reliable structure. The reason is because…
Elliott Wave View: Google (GOOGL) Looking Higher into $1561 Area
Google (ticker: GOOGL) rallies today and should remain supported against the lows on August 2019. The stock is extending within the Super cycle degree wave (III) since the low in…
Boeing Stock is Showing Why 2009 Cycle Is Still Alive in SPY
Hello fellow traders. In today's blog, we will have a look at Boeing and the recent price action. The Boeing Stock peaked in March,1,2019 and since then have been trading…
USDMXN: Multi Year Consolidation Should Break Lower
USDMXN has been within a multi-year consolidation. Since 2017 peak the pair did a clear impulse lower which is based on the Elliott Wave Theory. The ideal case will be now…
$SPY: Elliott Wave Impulse Simple Rule Imply Bulls are Still in Control
The Elliott Wave Theory is famous for the 5 waves advance and 3 waves declined, as we are showing in the following chart: As we can see, there are 5…
