A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
-
Elliott Wave View on GDX Favors Pullback Before Rally
Read MoreShort Term Elliott Wave View in GDX suggests the zigzag correction should find support towards extreme areas before resume higher to finish the impulse sequence from 5-August, 2024 low. It is showing higher high sequence in daily from September-2022 low and expect short term rally to continue against August-2024 low. Since 5-August, 2024 low, it […]
-
Riding the Wave: ( $XLU)’s Impressive Rally and What’s Coming Next Part 2
Read MoreHello everyone! In today’s article, we will follow up on the past performance of the SPDR Utilities Select Sector ETF ($XLU) forecast. We will also review the latest weekly count. First, let’s take a look at how we analyzed it back in October 2023. $XLU Weekly Elliott Wave View – October 2023: In October 2023, we […]
-
JNJ Should Continue Higher at Least to Complete a Pullback
Read MoreJohnson & Johnson (JNJ) is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer packaged goods. Its common stock is a component of the Dow Jones Industrial Average, and the company is ranked No. 36 on the 2021 Fortune 500 list of the largest United States corporations by total revenue. […]
-
International Business Machine Corp (IBM): Showing a Bullish Sequence And Looking for A $400.00 Target
Read MoreInternational Business Machine (IBM) shows a bullish sequence favoring more upside. This article and video look at the Elliott Wave path of the stock.
-
Caterpillar Inc ( CAT): Trading Higher Within A Wave (III), Target Above $600.00
Read MoreCaterpillar (CAT) rally in a nesting impulsive structure. This article and video look at the Elliott Wave path of the stock.
-
Elliott Wave Analysis: META hits new high from blue box
Read MoreHello traders, welcome to another ‘Blue Box’ blog post, where we review past trades taken by Elliottwave-Forecast members for educational purposes. In this post, we’ll discuss a recent trade setup on META. Meta Platforms, formerly Facebook, is a tech company focused on building the “metaverse.” It owns Facebook, Instagram, and WhatsApp, and develops virtual reality […]