EWF Eric

By EWF Eric    January 20, 2022    - 2 min read

FTSE: Giving Warning About A Possible Acceleration Among Indices

The World Indices including FTSE, Nikkei, SPX, etc are trading within very Interesting areas. Elliott Wave Theory state that after Five waves advance, there is a three waves pullback. If…

By EWF Eric    November 19, 2021    - 2 min read

GCC: Reacting From Blue Box Supporting Higher Commodities Prices

GCC is WisdomTree Enhanced Commodity Strategy Fund, it an actively managed exchange-traded fund and intends to provide broad-based exposure to the following four commodity sectors: Energy, Agriculture, Industrial Metals, and…

By EWF Eric    November 17, 2021    - 3 min read

Crude Oil Price Action Might Be Showing A Temporary Pause in Gas Prices

In today's video blog we will look at a very interesting topic around the market which is the price of Crude Oil and how it could affect the price of…

By EWF Eric    November 8, 2021    - 2 min read

GOOGL: Another Blue Box Buy Resulted in New Highs

Another good trading opportunity we have had lately is in GOOGL stock. Stock has been an impulsive rally since 10.4.2021 low with wave (1) completed at $2874.99, wave (2) completed…

By EWF Eric    October 12, 2021    - 2 min read

SIL (Silver Miners ETF) Sending A Warning To Silver Shorts

Silver related symbols including Silver Funds and ETFs have been trading lower since the peak around either 08.06.2020 or 02.01.2021. Most of them have taken a different Elliott wave structure,…

By EWF Eric    September 30, 2021    - 2 min read

LUV (Southwest Airlines) shows a nice Elliott wave structure

LUV (Soutwest Airlines) shows a very constructive price action since the all-time lows. We can see a very nice impulse or five waves into the peak in 2017. The Elliott…

By EWF Eric    September 29, 2021    - 2 min read

Royal Gold ( RGLD) : The stock might show the path for Gold

Royal Gold is an ETF with a higher degree correlation with Gold and might show a path for an expected move higher in Gold into the $2700.00 area. The Symbol…

By EWF Eric    January 27, 2021    - 3 min read

GME: A Wave (V) Might Happen with Minimum Target $182.00

$GME (Game Stop) has been in a tremendous rally since it reached the blue box buying around the $8.20 area. The market has changed, and there is no question computers…

By EWF Eric    January 27, 2021    - 4 min read

Possible Nesting Structure in EEM May Support World Indices

As we always do at Elliottwave-Forecast, we look at the market as a whole. We track over hundreds of instrument around the world to get a more complete forecast. There…