Hello everyone! In today’s article, we’ll examine the recent performance of SPDR Metals & Mining ETF ($XME) through the lens of Elliott Wave Theory. We’ll review how the decline from the November 07, 2024, high unfolded as a big 3-swing correction and discuss our forecast for the next move. Let’s dive into the structure and expectations for this ETF. […]

Hello Traders! Today, we’ll take a closer look at the weekly Elliott Wave structure of Costco Wholesale Corp ($COST) and discuss why the current pullback may present an upcoming buying opportunity. 5 Wave Impulse Structure + ABC correction $COST Weekly Elliott Wave View April 8th 2025: Since the low in May 2022, $COST has been […]

Hello everyone! In today’s article, we’ll examine the recent performance of SPDR Industrial ETF ($XLI) through the lens of Elliott Wave Theory. We’ll review how the decline from the November 27, 2024 high unfolded as a 7-swing correction and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 7 Swing WXY […]

Hello everyone! In today’s article, we’ll examine the recent performance of Advanced Micro Devices Inc. ($AMD) through the lens of Elliott Wave Theory. We’ll review how the decline from the March 08, 2024, high unfolded as a 7-swing correction and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 7 Swing […]

Hello everyone! In today’s article, we’ll examine the recent performance of Bank of America Corp. ($BAC) through the lens of Elliott Wave Theory. We’ll review how the rally from the August 05, 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 7 Swings WXY […]

Hello everyone! In today’s article, we’ll examine the recent performance of Nike Inc. ($NKE) through the lens of Elliott Wave Theory. We’ll review how the rally from the February 07, 2025, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 7 Swings WXY correction  $NKE […]