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Elliott Wave Journal: Market Structure, Trends & Trade Ideas
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
EURJPY Correcting in 7 Swing Within Bullish Trend
Short Term Elliott Wave view suggests cycle from 7.28.2023 low ended with wave 1 at 159.4 in 5 waves impulse. Up from 7.28.2023 low, wave ((i)) ended at 157.49 and…
Apple (AAPL) 3 Waves Corrective Rally in Progress
Short Term Elliott Wave view in Apple (AAPL) suggests the decline from 7.20.2023 high ended at 171.74 as wave a. The internal subdivision of wave a unfolded as a 5…
Dow Futures (YM_F) Looking for Corrective Rally Soon
Short Term Elliott Wave view in Dow Futures (YM_F) suggests that cycle from 7.27.2023 high is mature and about to complete soon as 5 waves impulse. Down from 7.27.2023 high,…
SPY Likely to Extend Correction in Double Three Structure
Short Term Elliott Wave view in S&P 500 ETF (SPY) suggests the decline from 7.27.2023 high is in progress as a double three Elliott Wave structure. Down from 7.27.2023 high,…
Gold (XAUUSD) Has Scope for Further Downside
Short Term Elliott Wave structure in Gold (XAUUSD) suggests the rally in Gold on 7.27.2023 high ended wave 2. The metal now extends lower in wave 3 a 5 waves…
Nifty Looking to Complete 7 Swing Elliott Wave Structure
Short Term Elliott Wave structure in Nifty suggests cycle from 7.20.2023 high is in progress as a double three structure. Down from 7.20.2023 high, wave (a) ended at 19615.95 and…
Silver (XAGUSD) Short Term Bearish Structure
Silver (XAGUSD) cycle from 5.5.2023 high remains in progress with extreme area target of 18.78 - 21.26. Near term, cycle from 7.27.2023 high is in progress as a 5 waves…
Tesla (TSLA) Correction Remains in Progress
Tesla (TSLA) cycle from July 19, 2023 high remains in progres. The cycle has a 100% - 161.8% Fibonacci extension area target of 198.9 - 227.6. Near term, cycle from…
GDX Lower Low Sequence Supports More Downside
The short-term Elliott wave view in GDX suggests that the cycle from the 5 May 2023 peak is showing a 5 swings lower low sequence in higher time frame charts.…
