In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dow Futures (YM_F) published in members area of the website. As our members knew, we’ve been favoring the long side in YM_F due to it having an incomplete bullish sequence against 3.23.2022 low. Moreover, Indices like FTSE are also showing […]
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Best Income Stocks to Buy in 2024
Read MoreWhat are Income Stocks? Income stocks are financial securities that pay regular dividends to investors. They are purchased to generate a steady stream of dividend flows and the dividends are predictable. Main Characteristics of Income Stocks: Some of the most common characteristics of income stocks are: Low Price Volatility This means that there are no […]
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TSLA (TESLA) Favors Further Downside
Read MoreTSLA Showing impulse Elliott Wave sequence as ((1)) higher started from 1/06/2023 low, which ended at $217.82 high on 2/16/2023. Below $217.82 high, it favors pullback in 7 or 11 swings correction in ((2)) against January low before upside resumes. It placed (W) of ((2)) at $163.91 low & (X) connector at $208 high on […]
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CMG Continues to Impress Investors with Bullish Outlook
Read MoreChipotle Mexican Grill (NYSE: CMG) is a fast-casual restaurant chain that has caught the eye of investors due to its strong performance in recent years. Since the market bottomed out in February 2018, the stock has displayed an impressive bullish trend. This article will analyze CMG’s stock using Elliott Wave technical analysis and explore potential […]
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Elliott Wave Suggests AT&T ($T) Stock Price Should Continue Losing Value
Read MoreAT&T Inc. (T) is an American multinational telecommunications holding company headquartered in Dallas, Texas. It is the world’s largest telecommunications company by revenue and the third-largest provider of mobile telephone services in the U.S. AT&T Monthly Chart April 2023 In the monthly chart above, we can see that AT&T shares finished an all-time high with […]
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NIKKEI: Reaction Lower From Equal Legs Area
Read MoreHello Traders, in this article we will see how the NIKKEI ( JAPAN225 ) index has reacted lower from equal legs area. Here at Elliott Wave Forecast we have developed a system that allows us to define areas of the market in which buyers and seller agree to a reaction. These are high frequency areas […]
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Bank of Montreal (BMO) Favors Correcting Lower
Read MoreBank of Montreal (BMO) provides diversified financial services primarily in North America. The company’s personal banking products & services include checking & savings accounts, credit cards, mortgages, financial & investment advice services & commercial banking products & services. It is based in Montreal, Canada, comes under Financial services sector & trades as “BMO” at NYSE. […]