What is a Non- Cyclical Stock? Non-cyclical stocks are those whose underlying businesses are not disrupted by economic cycles. These companies offer products and services that meet consumers’ basic needs like food, power, water, and gas. Such non-cyclical stocks are also regarded as defensive stocks because they can help defend portfolios against an economic downturn […]

In this technical article we’re going to take a quick look at the Elliott Wave charts of SPX published in membership area of the website.  As our members know, S&P500 is trading within the cycle from the October 2022 low, which is unfolding as 5 waves structure.  We got 3 waves pull back which found […]

Hello fellow traders.  In this technical article we’re going to take a look at the Elliott Wave charts of IBEX Index,  presented in members area of the of our website.  Recently IBEX has given us correction that has unfolded as Elliott Wave Double Three pattern. It has reached extreme area (buying zone) and made rally […]

Hello Traders, in this article we will analyze our forecast for QQQ ETF in the short term cycle. Since the short term peak of QQQ from 05.01.2023 to end wave (i) we have been expecting a pullback within wave (ii) to take place. Here at Elliott Wave Forecast we have in place a system that […]