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Elliott Wave Journal: Market Structure, Trends & Trade Ideas
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Elliott Wave View: Bitcoin (BTCUSD) Selling Pressure Should Persist
Short term Elliott Wave view in Bitcoin (BTCUSD) suggests the decline from August 15, 2022 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from August 15,…
Elliott Wave View: Oil (CL) Has Started New Leg Higher
Short term Elliott Wave view in Oil suggests the rally from 9.26.2022 low is unfolding as a 5 waves diagonal. Up from 9.26.2022 low, wave (1) ended at 93.64 and…
Elliott Wave View: Dollar Index (DXY) Has Resumed Higher
Short term Elliott Wave view suggests correction from 9.28.2022 high ended at 109.53 as wave (4). Internal subdivision of wave (4) unfolded as a double three Elliott Wave structure. Down…
Elliott Wave View: SPY Looking to Resume Lower
Short term Elliott Wave structure in $SPY suggests cycle from 8.16.2022 high is unfolding as a zigzag Elliott Wave structure. Down from 8.16.2022 high, wave (A) ended at 348.11. Up…
Elliott Wave View: META Should Continue Further Downside
Short term Elliott Wave view on META suggests the decline from 7.21.2022 peak is unfolding as a 3 waves zig zag structure. Down from 7.21.2022 high, wave 1 ended at…
Elliott Wave View: Exxon Mobil (XOM) Looking to End 5 Waves Rally
Short Term Elliott Wave structure of Exxon Mobil (ticker: XOM) suggests cycle from 9.26.2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 9.26.2022 low, wave…
Elliott Wave View: USDJPY Looking for Double Correction
Short Term Elliott Wave structure of USDJPY shows a 5 swing sequence from 10.21.2022 high. This suggests the decline can extend lower into a 7 swing double three structure. Rally…
Elliott Wave View: IBEX Soon Reaching Resistance Area
IBEX shows an incomplete bearish sequence from 6.14.2021 high favoring further downside against 5.30.2022 high (8992.7). Short term, Index is now correcting cycle from 5.30.2022 high in 3, 7, or…
Elliott Wave View: Nifty can see sellers soon
Short term Elliott Wave view on Nifty suggests the decline from 9.15.2022 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 9.15.2022 high, wave 1 ended…
