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Elliott Wave Journal: Market Structure, Trends & Trade Ideas
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
GDX Dips Likely to Find Support in 3, 7, 11 Elliott Wave Swing
1 hour chart of Gold Miners ETF (GDX) below shows that the pullback to 27.54 ended wave (2). The ETF has since extended higher in wave (3). Internal subdivision of…
Hangseng Index Rallying in Nesting Impulse Elliott Wave Structure
Cycle from 10.31.2022 low in Hangseng Index is in progress as a nesting 5 waves impulsive Elliott Wave structure. Up from 10.31.2022 low, wave ((1)) ended at 18414.09. The 45…
Copper (HG) Rallies in a Nesting Impulse According to Elliott Wave
Copper (HG) rally from 9.28.2022 low is unfolding as a nesting impulse Elliott Wave structure. A nest is a series of 1-2-((i))-((ii)) which is an extended version of an impulsive…
Elliott Wave Suggests FTSE Should Extend Higher
FTSE shows an incomplete bullish sequence from 10.13.2022 low favoring further upside. Up from 10.13.2022 low, rally is unfolding as a 5 waves impulse Elliott Wave structure. Wave (1) ended…
Gold Elliott Wave Impulse Move Near Complete
Short term cycle from 11.23.2022 low remains in progress as a 5 waves impulse Elliott Wave. Up from 11.23.2022 low, wave ((i)) ended at 1833.29 and pullback in wave ((ii))…
DAX Looking to End 5 Waves Elliott Wave Impulse
Cycle from 9.29.2022 low is in progress as a 5 waves impulse Elliott Wave structure. In the 45 minutes chart below, we can see wave 4 ended at 13795.47. Wave…
Elliott Wave View: Microsoft (MSFT) Looking to Extend the Next Leg Lower
Cycle from 12.13.2022 high is in progress as a 5 waves impulse Elliott Wave structure. Down from 12.13.2022 high, wave 1 ended at 233.87 and rally in wave 2 ended…
Corrective Rally in XLY Should Fail According to Elliott Wave
Cycle from 11.15.2022 high is proposed complete as wave (1) at 126. Down from 11.15.2022 high, wave 1 ended at 138.20 and rally in wave 2 ended at 147.32. The…
Silver in Last Stage of Elliott Wave Ending Diagonal
Rally in Silver from 9.1.2022 low is in progress as a 5 waves impulse structure. Up from 9.1.2022 low, wave 1 ended at 20 and pullback in wave 2 ended…
