A few months ago, we were expecting Microsoft to trade into the $157.00-$172.00 area. We observed a very technical impulse from all-time lows where wave (III) is ending. We explained the whole idea in the following blog Microsoft Elliott Wave View: Why It Will Be Supported Into $157.78-$172.77 Area. The area has now been reached, but […]

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 area. We have been calling this target for the last four years. We did the following blog explaining the idea. At that time, the Instrument […]

The Boeing is trading within a very technical area and it is showing a very clear 5 waves advance Elliott wave structure from its 2003 lows.

Similar to most instrument within the energy sector, Chevron (ticker: $CVX) is trading sideways to lower since the peak on 04.08.2019. $CVX is showing a five waves advance since the lows at $69.65, which happened on 08.24.2015. This low is also the same low in Crude Oil, which we believe ended the Grand Super cycle […]

As we have anticipated and communicated in every opportunity, world indices keep trading into new all-time highs. They should still continue to extend in years to come. It is easy to try picking the tops after the rally since 2009 by looking for completion of five waves and pointing at the momentum divergence. At EWF, […]

Ten Year Notes ($ZN_F) low 10.08.2018 will decide the Extension in $SPY Many Traders use to trade only one instrument and fall into the trap of isolation resulting in seeing only just a little piece of the whole Market. We at elliottwave-forecast.com pay attention to the entire Market because we believe each instrument plays a part in the whole market. […]