Elliott Wave View: S&P 500 ETF (SPY) Should Stay Supported to Higher
S&P 500 ETF (SPY) cycle from 10.13.2022 low is in progress as a diagonal 5 waves. Up from 10.13.2022 low, wave 1 ended at 410, and wave 2 pullback ended…
Elliott Wave Suggests USDJPY May See Sellers Soon
Cycle from 3.24.2023 low in USDJPY is unfolding as a double three Elliott Wave structure. Up from 3.24.2023 low, wave (W) ended at 133.75 and pullback in wave (X) ended…
Gold (XAUUSD) Elliott Wave Bullish Sequence Favors Higher
Gold (XAUUSD) broke above the previous peak on February 2, 2023 at 1959.74. It shows a bullish sequence from 9.28.2022 low favoring further upside. A 100% - 161.8% Fibonacci extension…
Elliott Wave Projects GBPUSD Pullback Should Continue to Find Support
$GBPUSD broke above previous peak on 1.23.2023 high at 1.2448 and now shows a bullish sequence from 9.26.2022 low. Cycle from 3.8.2023 low is currently in progress as a 5…
Silver (XAGUSD) Breaks Higher and Forms Elliott Wave Bullish Sequence
Silver (XAGUSD) broke above the previous peak on 2.2.2023 high ($24.62). As a result, it now shows a bullish sequence from 9.1.2022 low favoring further upside. A 100% - 161.8%…
Barrick Gold Corporation (NYSE: GOLD) Starts New Impulse Rally
Barrick Gold Corporation (NYSE: GOLD) is the second-largest gold mining company in the world. The stock has underperformed since 2020 peak, but there's a reason to believe it has made significant low…
Gold Miners ETF (GDX) Develops Elliott Wave Bullish Sequence
Gold Miners ETF (GDX) is close to breaking above the previous peak on 1.25.2023 high (33.34). A break above will open up a bullish sequence from 9.26.2022 low favoring further…
Netflix (NFLX) Looking to Complete 5 Waves Elliott Wave Impulse
Cycle from 3.13.2023 low in Netflix (NFLX)Â is in progress as a 5 waves Elliott Wave impulse. Up from 3.13.2023 low, wave 1 ended at 316.6 and pullback in wave…
Elliott Wave Suggests Bitcoin (BTCUSD) Should Continue Impulsive Rally Higher
Rally from 11.21.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 11.21.2022 low, wave (1) ended at 25250 and pullback in wave (2) ended…
