Elliott Wave View: Why SPY ETF Should See $375 By The End Of 2020
The SPY ETF is still trading within the Super Cycle degree from its 2009 lows. The ETF has now opened up another extension where it trades into new highs. Now,…
Continuous Commodity Index (GCC) Sending Warnings to CHK And Oil
The Wisdomtree Continuous Commodity Index (GCC) has reached our long-term investor buying area (Blue Box). The Index is ending an ABC pullback from its July 2008 peak. The minimum target…
Microsoft: More Upside within the Super Cycle Degree
Microsoft: More Upside within the Super Cycle Degree Microsoft (MSFT) has been in a tremendous rally since the lows at 2009. Without a question, the stock is developing into a…
2020: The next U.S. Election Can Create A Big Market Pullback
U.S. Election 2020: Many Traders always believe the Market moves are driven by fundamental outcomes. We at Elliott Wave Forecast believe that the Market follows a code which is visible…
Ethereum: After the Big Correction, can it reach $1600 area?
Ethereum has been following a very nice Elliott Wave structure and has been playing out nicely. The Instrument did a 5 waves advance structure from its all-time lows followed by…
Elliott Wave View: Further Weakness in GBPJPY
Short Term Elliott Wave view on GBPJPY suggests that further downside is expected. On the chart below, wave ((iii)) ended at 143.74 and wave ((iv)) bounce ended at 146.51. Pair…
Elliott Wave View Expecting AUDJPY to Extend Lower
AUDJPY shows an incomplete Elliott Wave sequence from April 17, 2019 high, favoring more downside. The 100% target can reach as low as 75.7 - 76.3. In the chart below,…
$SPY -Where We Are Going From Here?
On Thursday, May the 2nd, 2019 we at Elliott Wave Forecast hosted a Free Seminar explaining our views in the SPY and some of the World Indices. We covered them in…
Elliott Wave Theory: SPY What does $318.00 mean
SPY. The Elliott wave Theory is a Technical Analysis method that traders use to analyze the market and located the trend by using the relationship between highs and lows and…
