The $SPY is showing a very nice 5 wave impulse rally from 2009 lows. This video talks about how Elliott wave implies bulls are still in control.

Many Instruments across the Market are ending the Super Cycle Degree from their 2009 lows. In this blog we will have a more in-depth view of Microsoft. With the break of last year high earlier this year, the instrument can be counted as a 5 waves advance from its 2009 low. Consequently, it is trading […]

General Motor’s contract with the United Auto Workers expired late Saturday, leaving the union and company leadership to work out the next four-year contract. The situation has been all over the news which can be misleading for traders. We at Elliottwave Forecast do not follow fundamentals news but what we follow is a system which […]

Hello fellow Traders. The Dow Jones Transportation Average is showing why the biggest acceleration across World Indices has already passed. The Elliott Wave Theory classic pattern is represented in the following chart which shows the idea of a 5 waves advance followed by a 3 waves pullback.     The basic Elliott Wave pattern is […]

Hello Traders. as we always do at Elliott Wave Forecast we believe in the one Market only concept. Back in 2017, we did a blog in which we mentioned that Silver was the smartest way to sell World Indices. We do understand that the longest bull rally in the SPX is coming soon to the […]

Hello fellow traders. The YEN group has been selling lately across the board and the path has become more clear with the SEKJPY breaking its 2016 lows. We at Elliott Wave Forecast trade the Market different than most other market participants. We track over 100 instruments across the world. That allows us to locate the […]