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SPY Forecasting The Rally from Elliott Wave Blue Box
Read More$SPY made a sharp decline last week and our members knew that the decline was corrective and it was another opportunity for buyers to enter the market to resume the rally for new highs or produce a larger 3 waves bounce at least. In this article, we would look at the forecast from last week […]
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Selling Corn Futures (ZC_F) Rally In The Blue Box
Read MoreCorn Futures (ZC_F) dropped from a high of 323’4 to a low of 300’2 last week before it bounced again. In today’s blog, we would look at the chart presented to clients before the drop took place and how once again, the blue box area and red right side tag played out. Let’s start by […]
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EURJPY: Rejection in Blue Box Starts Next Leg Lower
Read MoreEURJPY has been under pressure since forming a lower high 121.15 on 25th March. It is yet to break below 10th March low but the bounces look corrective which increase the likelihood of a break lower. Moreover, other Yen pairs like CADJPY and SEKJPY are showing incomplete bearish sequence which also supports the idea of […]
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Corn Futures Incomplete Elliott Wave Sequence Favours More Downside
Read MoreCorn Futures have been trade lower for the last couple of months so today we would take a look at how we called the decline in Corn Futures based on the initial decline from June 2019 being in 5 waves and incomplete sequence from October 2019 peak. Let’s take a look at the daily chart […]
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DELTA AIRLINES (DAL) Crash Landed! Is It Ready to Take Off Again?
Read MoreIn this article, we will look at DELTA AIRLINES (DAL) to make sense of the recent huge volatility in the stock market caused by Corona virus pandemic which has now spread to over 200 countries in the World. The financial markets made huge declines but as is often the case, some sectors always get hit […]
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IBM: A Long-Term Investment Opportunity Could Be On The Horizon
Read MoreIn this article, we look at the long-term view of IBM which we believe ended an Elliott Wave Grand Super Cycle from all time the low and is currently correcting that cycle. We will look at the preferred structure of the pull back, where we are within the correction, what is the swing sequence suggesting […]