NASDAQ is extending higher in wave three. Dips should continue to find support in 3, 7, or 11 swings. This article & video look at the Elliott Wave path.

$FXA Longer Term Cycles and Elliott Wave Analysis The FXA ETF fund is the Australian dollar tracking fund that has an inception Date of 06/21/2006.  With that said the fund mainly reflects the currency spot price of the AUDUSD forex pair. The data available from the Reserve Bank of Australia at their website suggests the spot […]

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of Soybeans Futures ( $ZS_F ) , published in members area of the website.  As our members know, the commodity is showing impulsive bullish sequences in the cycle from the 808’5 low. We’ve been calling rally […]

In this blog, we take a look at BABA’s almost perfect reaction lower from the recent blue box. Let us take a look at the 1 hour chart from 3/29/2021. BABA ended a cycle correction at 241.60 peak for red wave B. Down from there, the stock made a five wave impulse decline in black wave […]