Dow Future Short Term Elliott Wave view suggests that rally to 24536 ended Minor wave 1 and Minor wave 2 ended at 24071 as a triple three Elliott Wave structure. The Index has since broken above Minor wave 1 at 24536 which suggests the next leg higher has started. Up from 24071, the rally is progressing as 5 […]

Many Indices traders have heard about the phrase “Sell in May and go away”. We at Elliottwave-Forecast.com only trade based in the technicals  do not use any Fundamental criteria or news events in our forecast. We trade based in Cycles, Sequences, Correlations and Elliott wave. We Identify extremes in Price and also time and provide members […]

FCX ( Freeport Macmoran INC) Short-term Elliott Wave view suggests that the decline to November 15 low 13.25 ended Minute wave ((b)). Above from there, the stock is showing a strong rally to the upside and structure looks to be unfolding as an impulse Elliott Wave structure due to the extension in 3rd leg higher. Also, each leg has internal oscillations of 5 […]

Dow Future Short Term Elliott Wave view suggests that the decline to 23205 ended Intermediate wave (4). Intermediate wave (5) is in progress as an Ending Diagonal Elliott Wave structure where Minor wave 1 ended at 24536 and Minor wave 2 ended at 24073. The Index has broken above Minor wave 1 at 24536 which suggests the […]