Bank of America ended a movement in ranges that had been in place since June, after a slight recovery from the drawdown in March due to COVID-19. The global capital markets woke up stimulated with a strong risk appetite on November 9th, this made that stocks such as Bank of America could come out of […]

Last week the movement of the stock market was overtaken by the elections in the United States and the narrow margin in votes that they had in some States. However, at www.elliottwave-forecast.com we ignore the noise and focus on our Elliott Wave trading system and technical analysis. What happened with the actions of Nike ($NKE) […]

Every 4 years the elections arrive in the United States, the performance of the most important health indicator of the financial markets, such as SP500, is reviewed again. In recent years the SP500 has been well above other indices worldwide like the DAX or the FTSE. That leads us to think about the importance of […]

Drawing The Blue Box in the Russell In the London updated, the Russell showed possible flat correction to complete the wave (2). That is because wave B reaction was strong near to the level of (1), classic movement for a flat structure and we looked for 3 or 5 swings down as an impulse to […]