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.
Summary The Federal Reserve shows no bias to hike nor cut interest rate. Fed Chairman Jerome Powell believes subdued inflation is "transitory". U.S. stocks fell and the Dollar strengthens as…
Gold higher time frame cycles suggest that cycle from 8/16/2018 low ended 5 waves advance on February 20, 2019, at $1346.75 high. Since then, Gold is going lower in an…
S&P Metals & Mining ETF, XME In the immediate term price action for XME we're seeing an interesting setup that is projecting more lows to come. At EWF we use…
Welcome to the Daily Market News Big Market mover of the day: DJIA falling after Fed's Powell signals no rate cuts in the near future. Volatility Index (VIX) pushes up…
VanEck Vectors Semiconductor ETF (SMH) tracks a market-cap-weighted index of US-listed semiconductors companies. Such companies include big technology names like Intel (INTC: NASDAQ) and Nvidia (NVDA: NASDAQ). The ETF is currently up…
Short Term Elliott Wave view in CADJPY calls the bounce to 84.37 on April 17, 2019 as wave 2. The pair is currently in wave 3 lower and the internal…
Welcome to the Daily Market News Big Market mover of the day: APPL shares spiking over 4% after their earnings release. Asia: NIKKEI -0.22%, SHCOMP +0.52%, Hang Seng -0.65%, ASX…
Karachi Stock Exchange from Pakistan (KSE-100 index) is a major stock market index which tracks the performance of largest companies by market capitalization from each sector of Pakistani economy listed on…
Elliott Wave view calls the decline in Gold Miners ETF (GDX) from March 27, 2019 high ($23.40) as an impulse structure. In the chart below, wave 2 of that impulse…