Elliott Wave View: Tesla Starts Impulse Rally
Tesla soars by as much as 19% as the electric-car maker reported better than expected earnings. In addition, Tesla's new factory in China already starts production and model Y crossover…
Elliott Wave View: Bitcoin Has Reached Minimum Daily Target
Short Term Elliott Wave view on Bitcoin (BTCUSD) suggests the decline October 11, 2019 high ($8820) is unfolding as a 5 waves impulse Elliott Wave structure. Down from 8820, wave ((i))…
Elliott Wave View: Netflix Looking to Resume Lower
Short Term Elliott Wave view on Netflix (Ticker: NFLX) suggests that the spike to $318.79 on October 17, 2019 ended wave ((4)). Internal subdivision of wave ((4)) unfolded as a…
GBPNZD and GBPAUD Elliott Wave Outlook in Crucial Brexit Final Weeks
UK Prime Minister Boris Johnson successfully negotiated a new Brexit deal with EU. However, last Saturday the Members of Parliament (MP) rejected his campaign to take Britain out of the…
Elliott Wave View: Nasdaq Pullback Should Continue To Find Support
Nasdaq shows a short term Elliott Wave bullish sequence from August 6, 2019 low favoring more upside. The pullback to 7480.72 ended wave (2) and the Index is now in…
Elliott Wave View: S&P 500 (SPX) Looking to Break to All Time High
S&P 500 (SPX) has been sideways since January 2018 and it's also sideways more recently since July 26 high. After forming peak at January 22, 2018 at 2872, the Index…
Elliott Wave View: BAC Starts the Next Leg Higher
Bank of America (ticker: BAC) shows an Elliott Wave bullish sequence from August 15, 2019 low, favoring further upside. The decline to 27.19 ended wave (2) and the stock has…
Elliott Wave View: Nikkei Buyers in Control
Nikkei shows Elliott Wave bullish sequence from December 26, 2018 low and August 26, 2019 low. This suggests that buyers are in control and favors further upside in the Index.…
Elliott Wave View: Bullish Sequence in DAX
DAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure.…