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$IBM Will Soon See Buyers
Read More$IBM has been trading sideways since it peaked on 02.01.2017. It still has not reached the target at the $82.36 area. This article on 11.2020 shows the target area and and the most likely path at that moment. Since the World Indices bottomed in 2020, the stock has created a five-wave advance. However, the lows back in […]
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Financial and Banking Sector (XLF) Heading for a Tough Period
Read MoreThe Financial and banking sector (XLF) was all over the news last month. It is currently no longer part of the daily news cycle. We believe trouble is underway for the second part of the year. Price action across the sector points to a massive sell-off after an initial trap. Many traders believe the market […]
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$USDMXN: The Peso Still Needs More Downside, Holding Down The Dollar
Read MoreThe Dollar has been in a fantastic rally since its lows in 2008. It is in the process of ending the cycle as an impulse. This article explains the view and why buying commodities in the dips is a good long-term opportunity. Monthly Dollar Index Elliott Wave Chart The monthly chart above shows the structure of […]
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Micron Technology Inc ($MU) is The Key To Forecast Indices Weakness
Read MoreThe whole market has advanced in what looks like an impulse off the lows in 2022. One of the essential concepts in the Elliott Wave Theory is that a new trend always comes in fives. However, five waves can also be part of a C wave of a FLAT. We explained the possibility in the […]
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DIS (Walt Disney Company): A Huge Rally Into $286.00 Might Have Started
Read MoreWalt Disney shares have been trading lower since they peaked on 03.08.2021. Since then, the symbol has been doing a WXY structure which comes with seven swings. This structure most of the time ends when the W equals the Y in relation to X. WXY Double Three Elliott Wave Structure It represents a WXY […]
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World Indices: Time to Be Aggressive or Smart?
Read MoreIt is very well-known around the trading community that we at EWF has always been very bullish on the World Indices. With every dip over the years, we have been telling members to buy. However, we run a system that provides a warning this time. The Elliott Wave Theory is known for providing alternate views. This […]