In our previous post on the $IWM Russell 2000 tracking ETF instrument from September 14th that can be seen here , we were looking for a swing higher into the 50%-.618 Fibonacci retracement zone at 118.69-121.15 in wave ((Y)) of x & did see a new high on the 17th. Since the wave x completion at 118.89 on […]

At EWF we are not just a market forecasting service, we also try to guide our clients to trade on the right side of the markets. And if our 24 hour chatroom, technical videos, live analysis sessions, live trading room, educational videos and market reports are not enough to help traders succeed, we also added Green […]

Technical trade vs Fundamental trade A huge debate is which type of trading to follow, many Market participants always find themselves between the dilemmas of which way to follow. Like everything in life, a person needs to have a criteria in order to make a decision and being consistent in the criteria is what makes better […]

We, at Elliottwave-Forecast.Com believe that market is purely technical and moves based on cycles and Elliott wave sequence of swings rather than fundamentals. We never care about the news and never let it affect our analysis, we always advise our clients to not be afraid ahead of the news events as the market makers would […]

  We have seen a sharp sell off in the instrument & S & P 500 Index since the 19th of May, 2015 however think it is a corrective double three decline from the 213.81 high down to the 182.40 lows of August 24th . We think this is most likely a wxy structure and part of a larger […]

Market Dynamic and Nature Nature is the biggest enigma, that we as Human always try to decode. For Centuries, we have been trying to understand everything and find out many secrets around the Universe. We have come very far from living in caves to being able to travel to the moon. The reality is that […]