$RSPH Update: Breakout Takes Shape as $40+ Target Comes Into Focus
In our previous Elliott Wave update on the Invesco S&P 500 Equal Weight Health Care ETF ($RSPH), we highlighted how the ETF was breaking out after nearly five years of…
$XOP Update: 7-Swing Downside Scenario Negated as Rally Toward $242+ Takes Shape
In our previous Elliott Wave update on the SPDR S&P Oil & Gas Exploration & Production ETF ($XOP), we highlighted two possible paths. The ETF could either hold the recent…
$OIH Bullish Double Nest From 2020 Lows Targets $624 After Support Holds
In this Elliott Wave update, we examine the long-term structure in VanEck Oil Services ETF ($OIH). The ETF continues to display a bullish double nest from the 2020 lows, which…
$XOP at an Inflection Point as Double Nest Supports Further Upside
In this Elliott Wave update, we examine the long-term structure in the SPDR S&P Oil & Gas Exploration & Production ETF ($XOP). The ETF continues to show a bullish double-nest…
$FCG Update: Blue Box Area Reached, Buyers Entered, and Reaction Higher Started
In our previous Elliott Wave update on First Trust Natural Gas ETF ($FCG), we highlighted the blue box area at 26.20–22.77 as the next important support zone where the ongoing…
$RSPH Breaks Out After 5 Years of Sideways Consolidation, Targets $40+
In this Elliott Wave update, we take a look at the long-term structure in Invesco S&P 500 Equal Weight Health Care ETF ($RSPH). The ETF appears to be breaking out…
$BLK Ends 5 Waves From October 2022 and Pulls Back in 7 Swings
In this Elliott Wave update, we take a look at the latest structure in BlackRock Inc. ($BLK). The stock appears to have completed a 5-wave advance from the October 2022…
$MAGS Trades at an Interesting Juncture as June 11 Low Becomes Key Pivot
In this Elliott Wave update, we take a look at the latest structure in Roundhill Magnificent Seven ETF ($MAGS). The ETF is trading at an interesting juncture as it continues…
$NVDA Reacts Higher From Blue Box After 7 Swing Pullback
In this Elliott Wave update, we look at the latest structure in Nvidia Corp. ($NVDA). The stock pulled back in a 7-swing corrective structure and reached the blue box area…