A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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Elliott Wave View: Nasdaq Strength to Continue
Read MoreShort Term Elliott Wave View on Nasdaq Futures (NQ_F) shows 5 waves impulsive Elliott Wave rally from October 3, 2019 low. On the chart below, we can see the pullback to 7586.99 ended wave ((ii)). The Index has resumed higher and wave ((iii)) has completed at 8282.25. Subdivision of wave ((iii)) unfolded as 5 waves impulse […]
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AMZN Buying The Elliott Wave Dips At Blue Box Area
Read MoreIn this technical blog, we are going to take a look at the past performance of 4 hour Elliott Wave charts of AMZN, which we presented to members. But, firstly we need to understand the market nature that it always fights between the two sides i.e Buying and Selling. We at elliottwave-forecast.com understand the Market Nature and always recommend trading the […]
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Elliott Wave View: Further Weakness in Chesapeake Energy Corp (CHK)
Read MoreShort Term Elliott Wave View on Chesapeake Energy Corp (ticker: CHK) shows 5 waves impulsive Elliott Wave decline from November 5 high. The bounce to $1.59 in the stock ended wave (2) as a double three Elliott Wave structure. On the chart below, we can see wave X of this double three ended at $1.33 and […]
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USDSEK Found Sellers At The Blue Box
Read MoreIn this technical blog we’re going to take a quick look at the Elliott Wave charts of USDSEK , published in members area of the website. As our members know, USDSEK has incomplete bearish sequences in the cycle from the 9.9632 (October 9th) peak. Consequently, we advised members to avoid buying the pair and keep […]