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Elliott Wave View: Netflix (NFLX) Resumes Rally After 3 Waves Correction
Read MoreNetflix (NFLX) ended 3 waves correction and resumed higher. Expect pullback to find support in 3, 7, 11 swing for further upside.
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EURO STOXX Ends 25 Year Long Wait – Targets 7281 – 8587 Area
Read MoreThe EURO STOXX 50 tracks the Eurozone’s supersector leaders, resulting in a diversified and liquid portfolio. The index’s weighting is based on free-float market capitalization, with a maximum weight of 10 percent per constituent. The blue-chip benchmark underlies more than 25 billion euros in ETF assets, while futures and options on the index are the […]
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Bank of America Corp. $BAC Blue Box Area Offered A Buying Opportunity
Read MoreHello everyone! In today’s article, we’ll examine the recent performance of Bank of America Corp. ($BAC) through the lens of Elliott Wave Theory. We’ll review how the rally from the August 05, 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. 7 Swings WXY […]
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EuroStoxx-50 Trade Setup: Securing Risk-Free Gains on Long Positions
Read MoreHello traders. Welcome to a new blog post that highlights the latest trade setups shared with the Elliott-wave-forecast members. In this post, the spotlight will be on the Eurostoxx-50. The post will uncover the setup that led to the recent Long position for educational purposes. The EuroStoxx refers to a family of stock market indices […]