Elliott Wave View: SPX (S&P 500) Wave 5 In Progress
Short term Elliott Wave view in SPX suggests rally from January 29, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from January 29 low, wave…
NexGen Energy (NXE) Rallies Impulsively in Bullish Uranium Market
NexGen Energy (NXE) is a Canada-based company with a focus on acquisition, exploration, and development of Canadian uranium projects. The company owns a portfolio of prospective uranium exploration assets in…
Elliott Wave View: Dollar Index (DXY) Correction Unfolding
Short term Elliott Wave view in Dollar Index (DXY) suggests cycle from March 31, 2021 peak has ended. Index is now correcting that cycle and the correction should unfold in…
Elliott Wave View: Russell 2000 Aiming for All-Time High
Short term Elliott Wave view suggests rally from May 13, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from May 13 low, wave ((i)) ended…
Elliott Wave View: Impulsive Rally in GOOGL (Alphabet)
Short term Elliott Wave view suggests Alphabet (GOOGL) ended wave 4 pullback at 2191. The stock has since turned higher but still needs to break above previous wave 3 peak…
Elliott Wave View: GBPUSD Starts a New Bullish Cycle
Short term Elliott Wave view in GBPUSD suggests that the rally from 4.12.2021 low unfolded as an impulse Elliott Wave structure. Up from April 12 low, wave 1 ended at…
NIO Correcting Cycle from All Time Low
Nio (NYSE: NIO) is a Chinese multinational automobile manufacturer with headquarter in Shanghai. It specializes in designing and developing electric vehicles. This year, the stock remains down over 40% from…
Elliott Wave View: Oil (CL) Should Continue to Extend Higher
Short term Elliott Wave chart in Oil (CL) suggests that the rally from 3.24.2021 low is unfolding as an impulse Elliott Wave structure. Up from March 24 low, wave 1…
Elliott Wave View: DAX Bullish Sequence Remains Incomplete
Short term Elliott Wave chart in DAX suggests the decline to 14816.35 ended wave 4. Internal subdivision of wave 4 unfolded as a double three Elliott Wave structure. Wave ((w))…