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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PNC Financial Services Correction Could Provide Investment Opportunity
Read MorePNC Financial Services NYSE (PNC) is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. The stock is currently down 45% form all time highs. Investors are looking for clues into the current decline to prepare a plan for the next move. We’ll use the Elliott Wave Theory to define the […]
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How did Gold Miners ($GDX) Provide an Intraday Setup Last Week?
Read MoreHello Traders! In today’s article, we will look at the past performance of the 1 Hour Elliottwave chart of $GDX. The rally from 3.09.2023 low unfolded as 5 waves which created a bullish sequence in our system. Therefore, we knew that the structure in $GDX is incomplete to the upside & should see more strength […]
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NIFTY Elliott Wave: Calling The Decline After 3 Waves Bounce
Read MoreHello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of NIFTY Index published in members area of the website. As our members know NIFTY is showing incomplete sequences from the 18887.6 peak. Recently the index made short term recovery against the 18135 high. It made […]
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Further Downside in DAX Impulsive Elliott Wave Decline
Read MoreDAX is correcting cycle from October 2022 low before it resumes higher. This article and video look at the Elliott Wave path.
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Bank of America (BAC) Shows Bearish Elliott Wave Sequence
Read MoreBank of America (BAC) shows bearish sequence from January 2022 high favoring further downside. This article and video look at the Elliott Wave path.
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$MTX: MTU Aero Engines Trading in Bullish Sequence
Read MoreMTU Aero Engines AG is a German aircraft engine manufacturer. It develops, manufactures and provides service support for civil and military aircraft engines. Founded in 1934 and headquartered in Munich, Germany, it can be traded under the ticker $MTX at XETRA in Frankfurt. MTU is a part of DAX40 index. In the initial article back in April […]