Many traders and Presidents believe that the Market is a reaction of the agendas and even their own trades. The Reality is that the Market follows cycles, sequences and trades within extensions in both Time and Price. Therefore, we will have a look at the SPX500 monthly chart and some other relevant world indices. We believe […]

Since the latest major US elections, a lot of fuss (mainly via Twitter and various “MAGA” rallies) has been made over how President Trump’s economic agenda(s) produced the current leg of the rally in the American equity indices. And how the tax cuts have accelerated the current rally. We, at elliottwave-forecast.com, we disagree with the idea. […]

The Elliott Wave Theory, as many traders know, was developed in the 1930′ and the main pattern is the 5 waves structure followed by 3 waves pullback. The Theory was developed based on The Dow Jones Index. Nowadays the Theory is used by traders to forecast any type of instruments like Stocks, Indices, Commodities, and Forex. In […]

USDPLN is always a very interesting Forex pair within the US Dollar group and most of the times shows the path for the Index. USDPLN is showing an incomplete Elliott wave swings sequence since the lows at 1.25.2018 in which the first leg was an Elliott wave impulse i.e. wave ((A)), then it did 3 […]

Nature, in the broadest sense, is the natural, physical, or material world or universe. “Nature” can refer to the phenomena of the physical world, and also to life in general. The study of nature is a large, if not the only, part of science. Although humans are part of nature, human activity is often understood […]

NIFTY is trading in the powerful super cycle degree wave ((III) and should have further upside in the next few years. The rally started at 2009 low and we believe the cycle will continue until 2020-2022. The minimum target of the cycle is $11507, but it can extend even higher to 12634 area, which is […]