Elliott Wave Journal: Market Structure, Trends & Trade Ideas
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
British Pound Sterling gained last week against major currencies as positive headlines on Brexit negotiations start to trickle. The chart below shows the gain of Pound Sterling against some major…
FTSE 15 minutes chart below shows that the FTSE index has ended the cycle from June 25 low at 6303.40 high as a double three Elliott Wave Structure. Up from…
Light Crude Oil 45 minutes chart below shows that the commodity has ended wave (2) pullback at 37.09 low. From there, the commodity extended higher, with the rally unfolding as…
The Corona Virus has had its toll on the marketplace in general. But some select names have remained resilient through the decline, DraftKings is one of those names. Draftkings went…
Amazon (AMZN) 30 minutes chart below shows that the stock has ended the cycle from June 29 low. The rally in wave 1 unfolded as a 5 waves Impulse Elliott Wave…
CAC40 is a French stock market index representing a capitalization-weighted measure of the 40 most significant stocks on the Euronext Paris; the ticker is $PX1. The drop in indices in February-March…
EEM (The Emerging Market ETF) could be getting ready for a huge move higher. The ETF has been sideways since the peak in 2007.  EEM looks weaker when compared to the…
$SMH Semiconductors Long Term Cycles & Elliott Wave Firstly as seen on the monthly chart shown below. There is data back to May 2000 in the ETF fund. Data suggests the…
SPY has ended the cycle from June 16 high in wave (2), which unfolded as a double three Elliott Wave Structure. From June 16 high, wave W ended at 305.85…