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 […]

Hello everyone! In today’s article, we’ll examine the recent performance of Consumer Discretionary ETF ($XLY) through the lens of Elliott Wave Theory. We’ll review how the rally from the August 065 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. 5 Wave Impulse Structure […]

Hello Traders! Today, we’ll take a closer look at the weekly Elliott Wave structure of Caterpillar Inc. ($CAT) and discuss why the current pullback may present an upcoming buying opportunity. 5 Wave Impulse Structure + ABC correction $CAT Weekly Elliott Wave View February 24th 2025: Since the low in September 2022, $CAT has been unfolding […]

Hello Traders! In today’s update, we’ll analyze the latest price action of Modine Manufacturing Co. ($MOD) using Elliott Wave Theory. The ongoing pullback has now taken out key RSI pivots, confirming that Wave III of the cycle has ended. Currently, the stock is correcting in a Zig-Zag (ABC) pattern, approaching a critical support zone where […]

Hello Traders! Today, we’ll dive into the 4H Elliott Wave structure of SPDR Health Care ETF ($XLV) and explain why the corrective pullback could present an excellent buying opportunity. Let’s analyze the price action and forecast the next steps. 5 Wave Impulse Structure + ABC correction $XLV 4H Elliott Wave View February 11th 2025: The 4H Elliott […]

Hello Traders! Today, we’ll dive into the 4H Elliott Wave structure of Peloton Interactive Inc. ($PTON) and explain why the corrective pullback could present an excellent buying opportunity. Let’s analyze the price action and forecast the next steps. About Peloton Interactive Inc. Peloton Interactive, Inc. is an American exercise equipment and media company based in New York […]