This week we saw Palladium rallying to new all time high and touching the $1700 psychological barrier. At Elliottwave-Forecast, we told our members last week that any dips should be viewed as a buying opportunity and we highlighted the area where we expected buyers to appear with a blue box. Blue boxes on our charts  are […]

Walmart (NYSE: WMT) is the world’s largest retailer, operating discount stores, supercenters, and grocery stores around the world. In today’s article, we’ll take a look at the short term cycle of the stock based on Elliott Wave Theory : Back in July 2019, WMT made new all time highs by breaking above January 2018 peak and […]

DAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure. On the chart below, we can see wave 3 of (1) ended at 12471.83, wave 4 of (1) ended at 12141.82, and wave 5 of […]

The last ditch Brexit talks between British and Irish leaders last week yield unlikely breakthrough. Both leaders issued an upbeat statement after the meeting, saying they see a pathway to a possible deal. The issue of Irish border and the proposed backstop has become the bottleneck in Brexit negotiations. Irish leader Leo Varadkar reportedly said […]