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Elliott Wave Journal: Market Structure, Trends & Trade Ideas
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Bank of America (BAC) Shows Bearish Elliott Wave Sequence
Bank of America (BAC) shows a lower low bearish sequence from 1.10.2022 high favoring further downside in the stock. Near term, cycle from 2.8.2023 high is in progress as a…
Impulsive Elliott Wave Decline in FTSE Calling More Downside
FTSE ended cycle from 3.16.2020 low with wave I at 8047.06. The Index is now in the process of correcting this 3 year rally in wave II. The internal subdivision…
Five Waves Elliott Wave Structure in Dow Futures (YM)
Cycle from 12.13.2022 high in Dow Futures (YM) shows a 5 swing sequence favoring follow up to the downside. Structure of the move lower from 12.13.2022 high is unfolding as…
Elliott Wave Perspective Favors Further Upside in Apple (AAPL)
Cycle from 1.4.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 1.4.2023 low, wave ((1)) ended at 157.38 and pullback in wave ((2)) ended…
Elliott Wave Sequence in Litecoin (LTCUSD) Calling More Downside
Cycle from Feb 16, 20223 high in Litecoin is in progress as a zigzag Elliott Wave structure. Down from Feb 16, wave ((a)) ended at 90.05 and rally in wave…
Short Term Elliott Wave Outlook in SPX Favors More Upside
Rally from 10.13.2022 low in SPX is in progress as a nesting impulse. Up from 10.13.2022 low, wave (1) ended at 4100.51 and dips in wave (2) ended at 3764.49.…
Elliott Wave View: Sideways Price Action in Oil (CL) May Resolve to the Upside
Cycle from 12.9.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 12.9.2022 low, wave 1 ended at 82.64 and pullback in wave 2 ended…
Tesla (TSLA) Near Support Level According to Elliott Wave
Tesla ended cycle from 1.6.2023 low at 217.82. We labelled this rally as wave ((1)) as the 45 minutes chart below shows. Internal subdivision of wave ((1)) unfolded as a…
NIFTY Elliott Wave Sequence Suggests Further Downside
Nifty shows an incomplete bearish sequence from 12.1.2022 high favoring further downside. The decline from 12.1.2022 high is unfolding as a double three Elliott Wave structure. Down from 12.1.2022 high,…
