In this technical blog, we will be going to take a look at some Elliott Wave charts of XLE which we presented to our members recently.

AUDCAD short term Elliott wave view suggests that the pair bounced higher as double three structure & failed lower as expected

Alibaba has ended the cycle from 12/24/2018 low at $173.23 high suggesting that cycle from 10/30/2018 low ($130.06) could be done in Flat correction.

Tesla short term Elliott wave view suggests that the cycle from 12/07/2018 peak is showing incomplete structure favoring more downside.

FTSE short-term Elliott wave view suggests that the cycle from 12/27/2018 low is unfolding as elliott wave zigzag structure & soon should be reaching its extreme area at 7191.16-7473.95 expecting more downside or 3 wave reaction lower at least.

General Electric short term Elliott wave view suggests that the rally from 12/11/2018 low is unfolding as zigzag structure & missing the extreme favoring more upside still.