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CMG Continues to Impress Investors with Bullish Outlook
Read MoreChipotle Mexican Grill (NYSE: CMG) is a fast-casual restaurant chain that has caught the eye of investors due to its strong performance in recent years. Since the market bottomed out in February 2018, the stock has displayed an impressive bullish trend. This article will analyze CMG’s stock using Elliott Wave technical analysis and explore potential […]
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Elliott Wave Suggests AT&T ($T) Stock Price Should Continue Losing Value
Read MoreAT&T Inc. (T) is an American multinational telecommunications holding company headquartered in Dallas, Texas. It is the world’s largest telecommunications company by revenue and the third-largest provider of mobile telephone services in the U.S. AT&T Monthly Chart April 2023 In the monthly chart above, we can see that AT&T shares finished an all-time high with […]
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DXY (US Dollar) Elliott Wave Sequence Favors Lower
Read MoreDXY (US Dollar) Showing 5 swings impulse Elliott wave sequence lower from the 3/08/2023 high, which ended at $101.415 low on 4/05/2023. Above there, it favors a corrective bounce in 3, 7 or 11 swings before downside resumes. DXY proposed ended (B) at $105.883 high on 3/08/2023. Below there, it placed ((i)) at $103.484 low […]
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NIKKEI: Reaction Lower From Equal Legs Area
Read MoreHello Traders, in this article we will see how the NIKKEI ( JAPAN225 ) index has reacted lower from equal legs area. Here at Elliott Wave Forecast we have developed a system that allows us to define areas of the market in which buyers and seller agree to a reaction. These are high frequency areas […]