ES Short term Elliott Wave view suggests that the rally to 2669.73 ended Minute wave ((a)) higher of a zigzag Elliott Wave structure. Then the decline to 2651.94 low ended Minute wave ((b)) pullback as expanded flat structure. Where Minutte wave (a) ended at 2656.10, Minutte wave (b) ended at 2671.81 and Minutte wave (c) of ((b)) ended at […]

FCX ( Freeport Macmoran INC) Short-term Elliott Wave view suggests that the decline to November 15 low 13.25 ended Minute wave ((b)). Above from there, the stock is showing a strong rally to the upside and structure looks to be unfolding as an impulse Elliott Wave structure due to the extension in 3rd leg higher. Also, each leg has internal oscillations of 5 […]

AT&T Short term Elliott Wave view suggests that the decline to November 06 low 32.56 ended Cycle wave X. A rally from there is unfolding as an impulse Elliott Wave structure with extension in 3rd swing higher and each leg has internal oscillations of 5 waves thus favoring it to be an impulse. These possible 5 waves move higher should end […]

In this Technical blog, we are going to take a quick look at the past Elliott Wave Chart performance of ES_F (S&P 500). Which we presented to our clients at elliottwave-forecast.com. We are going to explain the structure and the forecast. As our members know, we were pointing out that ES_F (S&P 500) is trading within the larger bullish trend in […]

NASDAQ Short term Elliott Wave view suggests that the decline to 6230.31 on November 15 ended the intermediate wave (4) dip. A rally from there is unfolding as a double three Elliott wave structure and the index is already into new highs suggesting that next extension higher has started. As the structure of the 11/15 low 6230.31 low looks to be overlapping, […]

EURAUD Short term Elliott Wave view suggests that the decline to 10/27 low 1.5052 ended intermediate (X). A rally from there is unfolding as an impulse Elliott Wave structure with extension and showing bullish sequence in the pair. This 5 waves move should end Minor wave A of an Elliott wave zigzag structure. In which case, after 5 waves move ends, […]